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Narra Residences
Neighbourhood: Dairy Farm Nature Park. Photo: Wzhkevin, CC BY-SA 4.0 (cropped)
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Narra Residences.

D23 · 50 to 64 Dairy Farm Walk, Singapore · 99 years LH · 540 units · TOP 2030-Q1
-- 01
The brief

Narra Residences is a 540-home, 99-year leasehold development at 50 to 64 Dairy Farm Walk in District 23, by Dairy Farm Walk JV Development Pte. Ltd.. The developers describe a site about two-thirds landscaped, with blocks up to 63 m apart. The preview opened on 17 January 2026 and sales started on 31 January 2026.

Launch result. The launch weekend sold 135 units, including all four shops, at an average of about $2,180 psf. URA's developer sales survey for January 2026 shows transacted prices from $1,932 to $2,471 psf in the launch month. Its September 2026 survey records 216 of 540 homes sold, leaving 324 with the developer.

Land and site. URA awarded the 21,881 sqm site in January 2025 for $504.5 million to a consortium of SNC2 Realty, Apex Asia Alpha Investment Two, Soon Li Heng Civil Engineering and Kay Lim Realty. That is about $1,020 psf ppr as land cost, not a selling price. URA awarded a second Dairy Farm Walk site on 28 January 2026 to ABR Holdings, LWH Holdings, Macly Capital and RP Ventures.

Getting around. Hillview (DT3) on the Downtown Line is the nearest station, about 1 km from the blocks in a straight line. TOP is estimated for the first quarter of 2030, as reported.

District
D23
Tenure
99 years LH
Total units
540
Region
OCR
Nearest MRT
Hillview (DT3)
PSF range
$1,932 - $2,471
Est. TOP
2030-Q1
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-- 02  ·  Why buy

Three things to know.

01

Family sizes in real numbers

61 four-bedroom and 26 five-bedroom units, from 1,152 to 1,679 sq ft. Both five-bedroom types are listed with a private lift.

02

Two-thirds landscaped

A 21,881 sqm site with about two-thirds of it landscaped and blocks up to 63 m apart, according to the developers.

03

216 of 540 sold

The launch weekend sold 135 units, including all four shops, at an average of about $2,180 psf. URA's September 2026 survey records 216 of 540 homes sold and 324 unsold.

-- 03
Fit & trade-offs

Who this is for.

What you get

A 99-year home at Dairy Farm Walk on a site about two-thirds landscaped, with layouts up to five bedrooms

What you give up

An MRT station at the gate, freehold tenure and keys before the estimated 2030 TOP

Suited for
  • ·Families who need four or five bedrooms: 87 of the 540 units
  • ·Buyers looking at two- and three-bedroom units in District 23, 450 of the 540
  • ·Buyers who want a site with about two-thirds of it landscaped, according to the developers
Less suitable for
  • ·Buyers who need an MRT station at the gate: Hillview (DT3) is about 1 km away in a straight line
  • ·Buyers who need keys before the estimated TOP in the first quarter of 2030
  • ·Buyers seeking freehold tenure
-- 04
Unit mix

540 units. 5 typologies.

TypeSize (sqft)No. of Units
1-Bedroom + Study5173
2-Bedroom560 - 721265
3-Bedroom818 - 1,173185
4-Bedroom1,152 - 1,37861
5-Bedroom1,658 - 1,67926

Across launch: $1,932 - $2,471 psf. Per-variant pricing on application.

-- 05
Location

50 to 64 Dairy Farm Walk, Singapore.

Street map around Narra Residences, 50 to 64 Dairy Farm Walk, Singapore, with the site marked by a red pin
Map data: OneMap © Singapore Land Authority, Singapore Open Data Licence v1.0
-- 06
Comparables

Other launches in context.

Hillhaven →
District 23 launch at Hillview, January 2024, 341 units
$2,108 psf
Launch PSF, 2024
Smaller and earlier, by Far East Organization and Sekisui House
The Myst →
District 23 launch on Upper Bukit Timah Road, July 2023, 408 units
$2,057 psf
City Developments Limited project near Cashew MRT on the Downtown Line
Tengah Garden Residences →
2026 launch, April 2026, 863 units
$2,120 psf
Launch PSF, 2026
District 24 rather than District 23; 863 units against 540
Lucerne Grand →
2026 launch, October 2026, 570 units
$2,480 psf
Lakeside Drive (D22), City Developments Limited
-- 07
Risks & catalysts

Risks and what to watch.

Risks
  • ·URA's September 2026 survey shows 324 of 540 homes unsold
  • ·URA awarded a second Dairy Farm Walk site in January 2026
  • ·The Q1 2030 TOP is a reported estimate; the developers have not published a TOP or vacant possession date
Supply pipeline

URA awarded a second Dairy Farm Walk site on 28 January 2026 to a consortium of ABR Holdings, LWH Holdings, Macly Capital and RP Ventures.

-- 08
FAQ

What buyers ask.

Q01When did Narra Residences launch and how many units sold?

The preview opened on 17 January 2026 and sales started on 31 January 2026. The launch weekend sold 135 units, including all four shops, at an average of about $2,180 psf. URA's September 2026 survey records 216 of 540 homes sold and 324 unsold.

Q02What were the Narra Residences launch prices?

Launch-weekend transactions started from $1.176 million for a two-bedroom, $1.63 million for a three-bedroom and $2.596 million for a four-bedroom. URA's January 2026 survey shows transacted prices from $1,932 to $2,471 psf in the launch month.

Q03Who is the developer of Narra Residences?

Dairy Farm Walk JV Development Pte. Ltd. URA awarded the site in January 2025 to SNC2 Realty, Apex Asia Alpha Investment Two, Soon Li Heng Civil Engineering and Kay Lim Realty. Press reports name Santarli Realty and Apex Asia Development as the lead partners.

Q04What is the tenure, and when is completion?

99-year leasehold. TOP is estimated for the first quarter of 2030, as reported; the developers have not published a TOP or vacant possession date.

Q05What was the land cost?

The consortium's tender of $504.5 million, about $1,020 psf ppr, won the site in January 2025. That is land cost, not a selling price.

-- 09
Showflat visit

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