[New Launch] Narra Residences Preview: Prices Starting from Approx. $1,900 psf

Narra Residences (Dairy Farm) Opens for Preview on 17 January, Starting from Around $1,900 psf

Narra Residences will open for public preview on 17 January, with its official sales launch scheduled for 31 January. Situated in Dairy Farm (District 23) in close proximity to the Bukit Timah Nature Reserve, the development is a rare, brand-new, large-scale private residential project in the enclave.

The 99-year leasehold project comprises 540 residential units and is the first residential development in District 23 designed under the GFA harmonisation framework. Under this framework, air-con ledges incorporated into common property are excluded from strata saleable area, resulting in more efficient layouts and higher liveable space efficiency.

Low-Density Layout Emphasising Natural Ventilation and Lush Greenery

Narra Residences consists of eight residential blocks, comprising three low-rise blocks of up to six storeys and five mid-to-high-rise blocks of 13 to 16 storeys. All blocks feature a north-south orientation to optimise natural light and cross-ventilation.

The overall master plan places strong emphasis on spaciousness and privacy, with building-to-building distances extending up to 63 metres. Across its 235,586 sq ft site area, approximately 66% is dedicated to landscaping and lush greenery, fostering a nature-centric residential environment that echoes the Dairy Farm precinct's signature "forest living" concept.

Unit Mix and Indicative Pricing

According to indicative pricing released by the developer, starting prices and unit types for Narra Residences are as follows:

1-Bedroom + Study (approx. 517 sq ft): from ~$998,000 (~$1,930 psf).
2-Bedroom (approx. 560 to 646 sq ft): from ~$1.17 million (~$2,100 psf).
3-Bedroom (approx. 818 to 1,023 sq ft): from ~$1.6 million (~$1,900 psf).
4-Bedroom (approx. 1,152 sq ft): from ~$2.4 million (~$2,100 psf).
5-Bedroom (approx. 1,658 sq ft with private lift): from ~$3.8 million (~$2,300 psf).

The overall pricing caters comprehensively to both owner-occupiers and upgraders, with competitive psf levels on three- and four-bedroom units drawing keen market attention.

Connectivity, Schools, and Amenities

The development is within walking distance of Hillview MRT station (Downtown Line), providing convenient commutes to the city centre.

For education, it is close to the German European School Singapore (GESS), as well as CHIJ Our Lady Queen of Peace and Bukit Panjang Primary School, both situated within a 1-km radius.

Regarding lifestyle amenities, Dairy Farm Mall opened in late 2024, offering a variety of dining, retail, and day-to-day services.

The mall forms part of an integrated development that also features Dairy Farm Residences (460 units, launched in 2019 and completed in 2023).

Comparable Market Transactions

Transaction data from surrounding developments reflects a solid price foundation in the Dairy Farm area.

At the completed Dairy Farm Residences, recent resale transactions have ranged between $1,661 and $1,866 psf.
 

Meanwhile, The Botany at Dairy Farm, launched in 2023 at an average launch price of around $2,070 psf, is now fully sold out, with recent transaction prices hovering between $1,929 and $2,165 psf.

Against this backdrop, Narra Residences' starting price of around $1,900 psf for three-bedroom units offers strong market competitiveness compared to surrounding new and completed projects, providing an attractive reference point for owner-occupiers and long-term investors alike.

Overall, Narra Residences brings together a pristine natural setting, a low-density layout, functional layouts, and sensible entry prices, carving out a distinctive position in the current new launch market. For buyers who favour the North-West region, value greenery and nature, and seek an optimal balance of price and spatial efficiency, this project is well worth noting.