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Condo prices · D19

Forest Woods

Lorong Lew Lian · D19 · Outside central region · Condominium

The median sale at Forest Woods was $1,575,000 — $1,961 psf — across 124 transactions between Nov 2021 and Oct 2026. 99-year lease from 2016.

Median price
$1,575,000
124 sales in the window.
Median per sq ft
$1,961 psf
Median unit 888 sq ft.
Lease remaining
89 years
99-year lease from 2016

What it costs per month of lease

A lease is a wasting asset. Spread the median price across the months of lease that are left and the figure is comparable between a dear flat with a long lease and a cheap one with a short one — which is the comparison a price alone cannot make.

Price per month of lease
$1,475
$1,575,000 over 89 years remaining.
Per sq ft per year
$19.93
What a square foot of this development costs for one year of lease.
Lease expires
2115
10 per cent of the lease already run.

This is the purchase price divided by the lease, and nothing else. It excludes stamp duty, the interest on a mortgage, maintenance and property tax. The calculator adds those.

New sales, sub-sales and resales

A new sale is bought from the developer at a list price; a resale is negotiated. The gap between them is the clearest read on how much of a launch price is the launch.

Kind of saleMedian pricePer sq ftSales
Sub-sale$1,325,000$1,728 psf6
Resale$1,615,000$1,971 psf118

Year by year

The median moved up 24 per cent a square foot between 2021 and 2026. The sale count beside each year is how much evidence that year rests on.

  • 2021six sales$1728
  • 202223 sales$1795
  • 202314 sales$1901
  • 202429 sales$1979
  • 202537 sales$2029
  • 202615 sales$2142
Show the figures
YearMedian pricePer sq ftSales
2021$1,325,000$1,728 psf6
2022$1,500,000$1,795 psf23
2023$1,429,000$1,901 psf14
2024$1,780,000$1,979 psf29
2025$1,490,000$2,029 psf37
2026$2,088,888$2,142 psf15

What it rents for

URA’s median of rental contracts lodged at Forest Woods in 2026Q3, per square foot per month.

Median rent per sq ft
$5.77
A month. Middle half of contracts ran $5.52 to $6.06.
Gross yield
3.53%
A year of median rent against the median sale price.
Median sale per sq ft
$1,961 psf
The figure the rent is divided into.

Gross, and the word is doing work. It is before property tax, maintenance and sinking fund, agent commission on each new tenancy, the months between tenants, income tax on the rent, and the mortgage. A net figure would need assumptions about a particular buyer that this site does not get to make.

Other developments in D19

Transactions from the Urban Redevelopment Authority, covering Oct 2021 to Oct 2026. URA publishes a rolling five-year window; months before it are held in this site’s own archive. A caveat is lodged after a sale is agreed, so the most recent weeks are always incomplete.