This New Dairy Farm Condo Starts From $998K

This New Dairy Farm Condo Starts From $998K — How the Pricing Compares

Narra Residences pricing review. Starting from about $1,930 psf, with one-bedders from $998,000 and two-bedders from $1.176M. We compare it against nearby resale condos, and unpack the key trade-off: newness and lower quantum, versus more compact space.

By Ryan J. Ong

Published 23 January 2026, 9:49 PM SGT · 27 min read · 494

Narra Residences was one of the first new condominiums to preview in 2026, welcoming visitors to its sales gallery over the weekend of Jan 17 and 18. The development attracted a strong initial weekend turnout, with over 3,500 visitors flocking to its sales gallery. It is expected to launch for sale on Jan 31.

Interest in the condo should be no surprise. The supply of new private homes in Upper Bukit Timah, where the project is located, is relatively limited, so there is some scarcity value behind this project, in addition to its attributes.

The 540-unit development is located along Dairy Farm Walk, and the area is characterised as a less dense neighbourhood surrounded by plenty of greenery. Narra Residences is also the first post-GFA harmonisation new launch project in this district (so no paying extra for air-con ledges or other unlivable spaces).

In this pricing review, we’ll look beyond the initial buzz to examine how Narra Residences is positioned in terms of its price - how its expected launch prices compare on a $PSF and quantum basis, and whether this translates into capital value for buyers.

At its core, this review asks a simple question:

Is Narra Residences attractively priced because it is one of the most affordable new launches today, or is it expensive relative to the resale alternatives buyers already have in its neighbourhood?

Frequently asked questions

What are the starting prices for Narra Residences units?

The starting prices for Narra Residences units range from $998,000 for a 1-bedroom to about $3.8 million for a 5-bedroom, with prices per square foot from $1,930 to $1,900.

How does Narra Residences' price compare to nearby resale condos?

Narra Residences' starting price of around $1,930 psf is higher than most nearby resale condos, which are generally priced lower, especially for smaller units like 1- and 2-bedroom types.

Is Narra Residences priced affordably compared to other new launches?

Narra Residences is priced higher than many other new launches in the area, which may make it less attractive for buyers seeking lower entry prices, but it offers newer units with specific features that justify the premium for some buyers.

What is the typical price growth trend for condos in District 23?

Condos in District 23, especially leasehold projects like Narra Residences, have historically seen slower price growth compared to the broader private residential market, with annualized growth rates around 4-5%.

How did Dairy Farm Residences perform after launching at a premium?

Dairy Farm Residences launched at about 30% above nearby resale prices in 2019, and over time, its price premium narrowed to about 13.5% by 2025, with slower growth compared to resale projects.

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Ryan J. Ong

Partner at Stacked

A seasoned content strategist with over 17 years in the real estate and financial journalism sectors, Ryan has built a reputation for transforming complex industry jargon into accessible knowledge. With a track record of writing and editing for leading financial platforms and publications, Ryan’s expertise has been recognised across various media outlets. His role as a former content editor for 99.co and a co-host for CNA 938’s Open House programme underscores his commitment to providing valuable insights into the property market.