Why This Mixed-Use Condo at Dairy Farm Is Lagging Behind the Market

Dairy Farm Residences had a bit of a rocky start, and you may remember it from complaints about maintenance fees (which were eventually cut by around 40 per cent). That said, Dairy Farm Residences came to market with a mixed-use concept and a strong nature-focused pitch. With its greenery views and the fact that it would be a hub of amenities in the area, this seemed like a solid proposition – but over time, resale performance has lagged behind the wider market. In this review, we take a closer look at its performance and examine whether pricing, location, or nearby competition played a role.

And once you start lining up the numbers against nearby developments, it becomes clear how complex performance really is: land price, positioning, unit mix, and competition often pull in different directions. If you want help interpreting these patterns across the projects you’re evaluating, reach out here and we’ll link you with a trusted partner agent who studies these trends closely.

Let’s look at Dairy Farm Residences’ overall performance, from its launch in 2019 to Q3 2025

Now, let’s compare this to other condos in District 23 (D23) where it’s located. As Dairy Farm Residences is a leasehold condo, we will only compare it to other 99-year leasehold projects.