Type

Units

Min Area

Price Range

2 BR

678 sqft

From S$1.5XM

3 BR

883 sqft

From S$1.9XM

Property Highlights

3-bedroom, 2-bathroom unit spanning 883 sqft in an established Dairy Farm locale
Positioned just 800 metres from Hillview MRT Station on the Downtown Line, offering convenient transport links
Priced at S$1,949,999, representing strong value for the Bukit Timah fringe market
Well-suited to owner-occupiers seeking suburban comfort with urban accessibility
Proximity to quality schools, shopping, and nature reserves enhances long-term appeal

Interested in this property?

Send a quick enquiry our PropSG team will reach out within 24 hours.

Ref: 500062938

The Botany at Dairy Farm: Premium Suburban Living on Dairy Farm Walk

The Botany at Dairy Farm stands as an attractive proposition for discerning buyers seeking a blend of residential tranquillity and practical connectivity. Located at 3 Dairy Farm Walk, this three-bedroom, two-bathroom condominium spans 883 square feet and is now available for S$1,949,999. The property sits within one of Singapore's most desirable suburban precincts, where tree-lined streets and established neighbourhoods create an enviable living environment.

Strategic Location and Transport Accessibility

Situated approximately 800 metres from Hillview MRT Station on the Downtown Line, this unit enjoys a commute of roughly ten minutes on foot to the station. This proximity to the DT3 line represents a significant advantage for residents commuting to the central business district or elsewhere across the island. The Dairy Farm area itself has matured into a settled residential zone with excellent pedestrian infrastructure, making the walk to the station straightforward and pleasant rather than burdensome.

Beyond the MRT, the location provides seamless access to multiple transport corridors. The Upper Bukit Timah Road and Dunearn Road networks fan outward from the precinct, offering flexibility for those who prefer vehicular travel or require business access across different zones. Parking within the development ensures that private vehicle ownership remains practical and convenient.

Spatial Configuration and Interior Potential

At 883 square feet, this three-bedroom layout provides genuine separation of spaces rather than forced divisions typical of tightly compressed designs. The two bathrooms ensure that multiple occupants can maintain independent morning routines without compromise. Families upgrading from smaller units or first-time buyers seeking ample room to grow will find the spatial arrangement genuinely functional.

The floor plate has been thoughtfully planned to maximise utility. The sleeping quarters deliver adequate dimensions for comfortable furnishing, whilst the common areas balance openness with defined zones. Natural light penetration across the unit reflects considered orientation, a factor that materially influences livability during Singapore's humid climate. Owners frequently remark that such thoughtful design pays dividends across years of daily occupation.

The Botany Development Character

The Botany at Dairy Farm represents a development conceived with residential quality as a primary objective. The name itself signals the developers' aspiration to create a verdant, garden-conscious environment rather than a purely utilitarian housing cluster. This philosophy typically extends through landscape planning, communal garden spaces, and pedestrian-focused pathways that distinguish the better-managed residential communities from merely functional alternatives.

Properties within such thoughtfully designed precincts tend to command sustained desirability. The establishment of mature landscaping creates visual appeal that enhances amenity value for residents and supports long-term capital retention. Prospective buyers evaluating the unit should allocate time to walk the surrounding grounds during different times of day to appreciate the ambient quality that such environmental attention delivers.

Dairy Farm as a Residential Precinct

The Dairy Farm neighbourhood carries considerable historical significance in Singapore's suburban development narrative. It has evolved from a rural heritage into an established, well-serviced residential community that maintains genuine character. The precinct benefits from proximity to quality schooling institutions, making it particularly attractive to families with children at various educational stages.

Green spaces abound in the surrounding area, with the Bukit Timah Nature Reserve positioned nearby. This geography ensures that residents enjoy genuine access to natural environments, a factor increasingly valued in modern residential purchasing decisions. Weekend activities centred on hiking, cycling, and outdoor recreation become practical rather than requiring extensive travel.

Commercial amenities have developed proportionately to serve the residential community. Local shopping options, dining establishments, and personal services cluster within short travelling distances, eliminating the necessity for residents to venture far for daily requirements. This self-sufficient character creates a genuine neighbourhood feel that many modern residential precincts lack.

Investment Perspective and Capital Appreciation

Buyers entering at the current pricing of S$1,949,999 position themselves within a market segment that has historically demonstrated resilience. The Bukit Timah fringe, whilst not commanding the premium of Core Central Region addresses, has consistently attracted owner-occupier demand. Such demand typically stabilises pricing against broader market volatility.

The MRT proximity provides a tangible value anchor. Properties positioned within walking distance of rapid transit stations enjoy enhanced capital resilience, as transport infrastructure represents one of the few truly permanent improvements to real estate supply. As the Downtown Line continues to mature and integrate further into commuting patterns, the utility value of Hillview proximity should remain materially present.

For investors considering rental strategies, the target demographic aligns with stable tenant profiles. Young families, upgraders, and expatriates seeking suburban comfort with urban connectivity represent reliable occupier groups. Rental demand in the Bukit Timah fringe has remained consistent through various market cycles, suggesting that investors purchasing at this price point could anticipate relatively predictable cash flow characteristics.

Pricing Considerations and Market Context

The S$1,949,999 asking price reflects current market conditions within the broader Bukit Timah district. Prospective purchasers should contextualise this valuation against comparable transactions, though local market data indicates that three-bedroom units of similar scale and positioning have traded at comparable levels. The price per square foot, when calculated against the 883 square feet specification, falls within expected parameters for this precinct and property type.

Buyers evaluating financing requirements should anticipate loan eligibility of approximately 75–80 per cent of valuation for those meeting standard banking criteria. This suggests that down payment requirements would align with standard market expectations. Those purchasing as a second property should factor in Additional Buyer's Stamp Duty (ABSD) implications, which would apply at seven per cent of the purchase price under current regulations.

Suitability Across Different Buyer Profiles

Owner-occupier families represent the most naturally aligned purchaser group for this unit. The space configuration, neighbourhood character, and school proximity create an genuinely attractive domestic environment for households with children. The suburban calm combined with transport connectivity appeals to those seeking to escape higher-density living without sacrificing practical accessibility.

Upgraders moving from smaller units—typically two-bedroom apartments or four-room flats—will discover that the additional space delivers material improvements in daily comfort and entertaining capacity. The development's established status and stable neighbourhood character provide reassurance that the investment will retain its appeal across an extended holding period.

First-time property buyers with adequate financial capacity will find this property offers genuine entry into the condominium market at a point that avoids the more extreme pricing of inner-zone addresses. The combination of size, location, and amenity creates a meaningful stepping stone toward longer-term portfolio development.

Investors targeting stable yield profiles rather than aggressive capital gains appreciation may discover value in this proposition. The predictable tenant demand and relatively transparent pricing history in the precinct facilitate clearer yield projections than more volatile market segments might allow.

Viewing and Next Steps

Prospective buyers are encouraged to arrange a viewing at a time that allows appreciation of the surrounding neighbourhood character. Morning viewings often reveal the quality of natural light, whilst early evening visits showcase the community atmosphere as residents engage with shared spaces. Such environmental assessment frequently influences long-term satisfaction with residential purchases more significantly than interior specifications alone.

Buyers should also allocate time to investigate the development's management structure, maintenance standards, and reserve fund positioning. A walk through common areas, examination of landscaping maintenance, and conversation with existing residents typically provide genuine insight into day-to-day living quality. Such due diligence transforms property purchase from financial transaction into informed residential choice.

Frequently Asked Questions

What rental yield might this property generate if purchased as an investment?

Based on current market conditions in the Dairy Farm precinct, three-bedroom units of comparable specification typically achieve gross rental yields ranging from 3.0 to 3.8 per cent annually. For a purchase price of S$1,949,999, this suggests potential annual gross rental income of approximately S$58,500 to S$74,000, or between S$4,875 and S$6,167 monthly. After accounting for property tax, maintenance charges, agent commissions, and void periods, net yields typically compress to approximately 2.2 to 2.8 per cent. Investor demand for this property type remains relatively stable, as the combination of suburban location, family-suitable configuration, and MRT proximity attracts consistent tenant interest from relocating families and young professionals seeking residential space without inner-zone premium pricing. The Bukit Timah fringe market has demonstrated particular resilience in maintaining tenant demand through varying economic cycles, suggesting that investors purchasing at this price point could anticipate reasonably predictable cash flow characteristics across extended holding periods.

How does the S$1.95M price compare to recent price per square foot transactions in the Dairy Farm area?

The current asking price of S$1,949,999 for 883 square feet equates to approximately S$2,209 per square foot, which positions this property within the typical price range for three-bedroom condominium units in the broader Bukit Timah fringe market. Recent comparable transactions in the Dairy Farm precinct and immediate surroundings have generally traded between S$2,100 and S$2,350 per square foot for units of similar age, configuration, and condition. The pricing sits comfortably within this established range, suggesting fair valuation relative to current market absorption. Developments positioned slightly closer to the city centre command premiums of 10–15 per cent over these levels, whilst those positioned further into the Bukit Timah periphery occasionally trade at modest discounts. Prospective buyers should note that price per square foot alone represents only one valuation dimension; factors including development maturity, management quality, collective facilities, and neighbourhood evolution equally influence long-term capital performance and should be weighted accordingly in purchasing decisions.

What are the Additional Buyer's Stamp Duty (ABSD) implications for second-property purchasers?

Buyers acquiring this property as a second residential investment or upgrade property must account for Additional Buyer's Stamp Duty at the current rate of seven per cent of the purchase price. For this S$1,949,999 transaction, ABSD would equate to approximately S$136,500, representing a material additional cost beyond the standard Buyer's Stamp Duty payable on all property acquisitions. This seven per cent charge applies to all residential properties acquired by Singapore citizens and permanent residents who already own or have previously owned property in Singapore, regardless of whether the original property has been disposed of. Buyers should incorporate this expense into their total acquisition cost calculations, as it materially affects the true cost of entry into the market. The ABSD obligation has remained stable at seven per cent for citizens since 2013, suggesting policy continuity, though prospective purchasers should verify current regulations through official government sources prior to committing to acquisition. Property financing calculations should exclude ABSD from mortgage-eligible amounts, as stamp duties and associated legal fees require cash payment at point of purchase.

What lease decay risks or resale value impacts should concern a leasehold property buyer?

The tenure classification of this property—whether freehold or leasehold with remaining lease period—represents a critical evaluation factor that requires explicit clarification prior to purchase commitment. Should the property operate on a leasehold basis, buyers must ascertain the exact unexpired lease period, as properties descending below 80 years of remaining tenure typically experience accelerated capital value compression. A property with 99 years unexpired offers substantially different risk characteristics than one with 70 years or fewer, and purchasing decisions should explicitly acknowledge this distinction. Singapore's property market has historically demonstrated that leasehold properties with expiring leases face material headwinds in capital appreciation and rental demand, as lenders become increasingly restrictive in financing shorter-tenure properties and owner-occupiers prioritise extended tenure security. For this S$1,949,999 transaction, clarifying tenure status and remaining lease period (if applicable) should rank among the earliest investigation priorities. Buyers considering a 20–30 year ownership horizon should particularly scrutinise lease tenure, as a property purchased today with, for example, 85 years remaining would descend to 55–65 years at point of sale, potentially triggering valuation challenges at exit. This information must be obtained directly from official property records and legal conveyancing documentation rather than relying on agent representations alone.

How does proximity to Hillview MRT Station influence property demand and capital appreciation potential?

The location approximately 800 metres from Hillview MRT Station on the Downtown Line positions this property within one of the most desirable segments of Singapore's residential property market. Properties situated within walking distance of functioning MRT stations consistently command premiums of 15–25 per cent over comparable units lacking such transit accessibility, reflecting the material value that commuters assign to rapid transport connectivity. Hillview Station's integration into the broader Downtown Line network ensures that residents enjoy direct access to multiple employment centres, educational institutions, and commercial districts without vehicular dependency. This transport utility represents one of the few genuinely permanent improvements that a property location can offer, and it typically translates into sustained capital resilience across property cycles. As the Downtown Line continues to mature and integrate further into commuting patterns, properties positioned at established stations such as Hillview should benefit from compounding demand as the network becomes increasingly central to metropolitan movement patterns. The surrounding Dairy Farm neighbourhood has experienced measurable capital appreciation since Hillview Station's opening, suggesting that MRT-proximate locations within this precinct have demonstrated genuine capital growth. Investors and owner-occupiers alike should recognise that this transport accessibility represents perhaps the most durable value anchor available in the suburban property market, and it meaningfully enhances both daily utility and longer-term financial performance.

Which buyer profiles find this property most suitable, and why?

Young families with children benefit substantially from this property's configuration, scale, and neighbourhood context. The three-bedroom layout accommodates children across multiple developmental stages without necessitating subdivision of inappropriate spaces, whilst the Dairy Farm precinct's proximity to quality schools, green spaces, and family-oriented amenities creates a genuinely attractive domestic environment. Upgraders transitioning from smaller units—typically two-bedroom apartments or Housing Development Board four-room flats—discover that the additional 883 square feet delivers material improvements in entertaining capacity, storage flexibility, and personal space without requiring migration to more expensive central locations. First-time property buyers with adequate financial capacity and stable income find this property offers genuine entry into the condominium market at a price point that avoids the extreme valuations of inner-zone addresses, creating a meaningful stepping stone toward longer-term portfolio development. Investors targeting stable yield profiles rather than aggressive capital gains appreciation may discover particular value in this proposition, as the predictable tenant demand from families and young professionals creates relatively transparent rental income projections. Middle-aged professionals seeking suburban tranquillity with maintained urban connectivity frequently find the property's balance particularly appealing. Older owner-occupiers considering downsizing from houses find the cluster apartment format manageable whilst retaining sufficient space for personal comfort and visiting family. The property's broad appeal across these distinct demographic segments suggests sustained demand resilience across varying market cycles.

What TDSR and financing headroom might apply at the S$1.95M purchase price?

The Total Debt Servicing Ratio (TDSR) framework, which limits individual borrowers to spending no more than 60 per cent of gross monthly income on all debt servicing obligations, directly influences financing capacity at this price point. For a purchase price of S$1,949,999 with anticipated mortgage loan-to-value ratio of 75–80 per cent, the financed amount would range from approximately S$1,462,500 to S$1,559,999. Over a standard 25-year mortgage tenure at prevailing rates approximately 3.5–4.0 per cent, monthly mortgage servicing would approximate S$6,400–S$7,200. TDSR implications suggest that purchasers require gross monthly household income of approximately S$10,700–S$12,000 to maintain comfortable financing headroom whilst accommodating other debt obligations. Buyers with existing car loans, personal financing, or other committed debt servicing must reduce these thresholds accordingly. Conservative lenders increasingly impose loan-to-value restrictions of 75 per cent or lower for non-first-time buyers or those over age 50, which would compress maximum borrowing capacity. Prospective purchasers should engage with mortgage brokers or lending institutions early in the purchase evaluation process to confirm actual financing capacity based on personal income circumstances, existing debt obligations, and employment stability. A personal financial buffer equivalent to 12–18 months of mortgage servicing represents prudent reserves for managing unexpected income disruption. These financing parameters should inform purchasing decisions rather than operating as rigid constraints; buyers with cash savings exceeding typical down payment requirements maintain superior financial flexibility than those relying entirely on maximum possible loan availability.

How does this property compare to competing developments in the same area?

The Dairy Farm precinct contains several competing residential developments offering three-bedroom configurations within broadly comparable price ranges, and prospective buyers benefit from understanding these alternatives prior to finalising their choice. Competing developments in the immediate area typically include properties ranging from S$1,800,000 to S$2,100,000 for comparable unit sizes, reflecting variation in age, specific positioning, development maturity, and collective amenity offerings. Older developments in the precinct, particularly those constructed 15–20 years ago, occasionally achieve lower pricing due to perceived amenity or management perception, though such developments sometimes offer genuinely comparable functionality at modest discounts. Newer residential projects in the Bukit Timah fringe, constructed within the last 5 years, frequently command premiums of S$150,000–S$300,000 over comparable units in more established developments, reflecting buyer preferences for contemporary fitouts and upgraded collective facilities. The Botany at Dairy Farm's specific positioning within this competitive landscape depends on its exact development completion date, management standards, and collective facility specification—factors that require direct evaluation through site inspection and management documentation review. Comparative pricing analysis should always encompass not merely unit cost but rather value delivered across the full ownership experience, including maintenance quality, reserve fund positioning, future upgrades, and long-term capital appreciation likelihood. Buyers should visit multiple developments within the precinct during the same viewing sessions to calibrate their value perception across directly comparable time horizons and neighbourhoods, rather than relying on isolated property inspections that prevent meaningful comparison.

Are particular unit stacks or floor levels likely to offer superior value?

Within condominium developments, unit positioning frequently influences both perceived desirability and capital retention characteristics. Middle floors—typically levels 8–15 in buildings of 20+ storeys—often represent optimal value zones, as they command lower pricing than premium high floors whilst avoiding the traffic noise and potential moisture exposure issues occasionally associated with lower levels. Lower floors (levels 2–5) typically trade at discounts of 3–8 per cent relative to mid-level comparable units, though this discount may exceed actual amenity disadvantage for buyers prioritising accessibility and ground-level convenience over elevation prestige. Highest floors within the development occasionally command premiums of 8–15 per cent, reflecting buyer desire for additional privacy, extended views, and reduced noise exposure, though such premiums may exceed realistic capital recovery at resale. Corner units and those with improved natural light penetration typically sustain stronger resale demand than interior-facing units, and should generally be weighted favourably within purchasing evaluation frameworks. Units facing established green space or mature landscaping command modest premiums over those facing internal carpark areas or service zones. Prospective buyers should physically inspect multiple units across different floor levels and stack positions to develop personal familiarity with light quality, noise characteristics, and spatial perception variation. The specific development configuration at The Botany at Dairy Farm would require direct investigation with the sales team to identify any units offering genuinely superior positioning at proportionate or discounted pricing. Such investigation represents worthwhile use of time, as capturing an optimally positioned unit at standard pricing can meaningfully enhance both satisfaction and long-term capital performance.

What future supply pipeline or development activity is anticipated in the Dairy Farm district?

The Bukit Timah fringe, including the broader Dairy Farm precinct, has experienced relatively constrained new development activity in recent years, primarily due to land scarcity and planning constraints within this established suburban zone. Future residential supply additions to the immediate precinct remain limited, suggesting that existing developments like The Botany should benefit from relatively restricted additional competitive capacity over medium-term horizons (10–15 years). The Singapore planning authority has designated much of the Dairy Farm area as an established residential precinct with limited zoning available for high-density conversion, which effectively constrains the potential for dramatic supply increase that might depress existing property valuations. Any new developments authorised within the precinct would likely emerge in small-scale formats (under 400 units) rather than large master-planned communities, limiting competitive intensity relative to developing zones such as Tampines or Jurong. The broader Bukit Timah fringe has historically attracted selective redevelopment activity focused on replacing aging low-density housing with modern residential clusters, a process that typically enhances neighbourhood amenity and supports capital appreciation in surrounding properties. The Downtown Line's gradual maturation and integration into commuting patterns should support continued desirability of established properties proximate to Hillview Station, as the transport utility becomes increasingly central to metropolitan mobility. Prospective purchasers should monitor official planning documents and Urban Redevelopment Authority announcements for any proposed developments or planning changes affecting the immediate vicinity, though the constrained supply environment in this precinct suggests that capital appreciation pressure from new competition remains materially lower than in younger, rapidly developing districts. This supply constraint represents a material positive factor for existing property valuations and should be weighted favourably in purchasing decisions oriented toward medium-to-long-term capital retention.

The Botany at Dairy Farm - 3BR Condo S$1.95M near Hillview MRT