Forestville

Forestville is a leasehold (99 yrs from 2012) executive condominium completed in 2016. It is developed by HAO YUAN INVESTMENT PTE LTD and designed by SURBANA INTERNATIONAL CONSULTANTS PTE LTD. The development occupies a land area of 25,953 sqm and a Gross Floor Area of 72,669 sqm. It consists of 653 units. According to records, buyers of this development are Singaporean 95.2%, PR 4.8%, Foreigner 0.0%, Company 0.0%.

FORESTVILLE is located along Woodlands Drive 16 in Woodlands, in District 25. It is accessible through the nearest MRTs including Admiralty NS10 and Woodlands South TE3.

Based on transaction data in the last 12 months, sale prices range from S$ 967 psf to S$ 1,186 psf at an average of S$ 1,115 psf. Its highest recorded transaction was S$ 1,186 psf in Oct 2023 for a 1,399-sqft unit. Its lowest recorded transaction was S$ 605 psf in Sep 2014 for a 2,164-sqft unit. Its current rental yield is at 4.0%. Other nearby amenities include: 3 Grocerie(s): SHENG SIONG SUPERMARKET PTE LTD, COLD STORAGE SINGAPORE (1983) PTE LTD, NTUC FAIRPRICE CO-OPERATIVE LTD, and 2 Shopping Mall(s): VISTA POINT, 888 PLAZA.

Buyers and tenants are attracted to District 25, which comprises of Woodlands, Admiralty and Kranji. Although the area is predominantly residential, a large area in Woodlands and Admiralty is designated for industrial use. Woodlands is home to the Woodlands Civic centre, a one-stop service hub to cater to the administrative needs of residents. The neighbourhood also houses the Woodlands Regional Library, one of the largest libraries in Singapore. Causeway Point Shopping centre, one of the largest malls in Singapore, also includes a cinema and two food courts. A notable landmark in this district is the Singapore Racecourse in Kranji, which was opened in 2000 as a replacement for the Bukit Timah Race Course.

Covering 13,500ha, the North Region is one of the five regions in Singapore. Located further from the Central Business District (CBD), the North Region offers ample greenery as well as a variety of work and play options. These include integrated developments such as Bukit Canberra, an integrated sport and community hub, and the upcoming Woodlands Health Campus, which will open progressively from the end of 2023. When fully opened, the Woodlands Health Campus will have around 1,400 beds to cater to residents in the North Region. The region will also benefit from enhanced connectivity as strategized in the Master Plan 2019. More cycling paths and park connectors will be constructed, with the WoodsVista Gallery offering pedestrian and cycling pathways connecting Woodlands MRT, Admiralty Park and Woodlands Waterfront Park.