Forestwood Residences Showflat (+65) 6100 0877

[ Forestwood Residences | Location | Floor Plan ]

About Forestwood Residences


Forestwood Residences located at District 19 is a newly developed residential condo. It is situated at Lorong Lew Lian which has a total of 519 units. Future tenants will experience a luxurious living in this development. It is established by prestigious developers TID and Hong Leong and it will be completed in the year 2021.

Forestwood Residences has a lot of nearby amenities. Residents can have a great shopping experience at NEX Shopping Mall, Sunshine Plaza and Isetan and Upper Serangoon Shopping Centre. There are also supermarkets such as NTUC Fairprice and Prime Supermarket Joo Cheng whre you can buy your needs.

Forestwood Residences Condominium


Forestwood Residences has an elegant and luxurious design which attracts property seekers. All units are equipped with quality appliances that give the future residents an enjoyable stay in the place. Forestwood Residences provides future residents a comfortable place to stay.

Prominent schools near Forestwood Residences were Zhonghua Secondary School, Maris Stella High School, Paya Lebar Methodist Girls' School, Nanyang Junior College, Yangzheng Primary School and Bartley Secondary School. Schooling family members of residents will get to choose in these prestigious schools the quality of education they want.

Forestwood Residences is fully equipped with modern facilities and installed with branded appliances. Future residents deserve a comfortable place where they can live and enjoy their daily activities and Forestwood Residences assures that they will be satisfied.

Forestwood Residences Location




Forestwood Residences is accessible via expressways such as Pan Island Expressway (PIE), Kallang Paya-Lebar Expressway and Central Expressway (CTE) as well as MRT stations such as Bartley MRT, Kovan MRT, Lorong Chuan MRT and Serangoon MRT. It is also relatively close to Orchard Shopping Belt and Central Business District.


Forestwood Residences Floor Plan


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Forestwood Residences allows future residents to live comfortably and be satisfied. The interior were designed perfectly for future tenants who wants to have a spacious place. This property brings individuals and families a very comfortable and relaxing to dwell in because of its richly appealing design.


Comparative Analysis



Forest Woods is a 519-unit development located along Lorong Lew Lian with the recorded transaction prices ranging from $682K to $2.845M.

Stars of Kovan located about 1.5km away Forest Woods is its closest competitor. Its current median price is $1,412 psf. which is similar to Forest Woods’ median price.

Forest Woods’ 1-bedroom units have a median price of $1,442 psf. while Stars of Kovan have a price of $1,418 psf. Transactions for the units at Forest Woods for the 1-bedroom unit is ranging from $682K to $788K and Stars of Kovan is ranging from $1.047M to $1.48M.

Forest Woods’ 3-bedroom units have a median price of $1,391 psf. while Stars of Kovan have a price of $1,426 psf. Forest Woods’ transactions for the 3-bedroom units is ranging from $921K to $1.406M and  Stars of Kovan is ranging from $1.269M to $1.412M.

For a clearer picture, Forest Woods’ 1-bedroom unit sizes are between 506 sqft. and 517 sqft. while at Stars of Kovan are between 490 sqft. and 530 sqft. And Forest Woods’ 3-bedroom unit sizes are between 710 sqft .and 1,100 sqft. while at Stars of Kovan are between 947 sqft and 1,023 sqft.
A 3-bedroom unit at Forest Woods would go for $4,200 a month, after factoring a 20% premium for its new build. Around $1.109M for the median price of Forest Woods, the annual gross rental yield would be an estimated 4.5%. While at Stars of Kovan’s median unit size of a 3-bedroom would probably go for around $4,400 a month at current rates. This means that the annual gross rental yield would be 3.9%.

A 1-bedroom unit at Forest Woods would go for around $2,000 a month and this translates to be 3.2% in rental yield. While at Stars of Kovan is around $2,200 a month and estimates to be 3.7% in annual gross rental yield.



Generally, Forest Woods’ units are larger than the units at Stars of Kovan and in terms of potential yields, they are both in safe zones.



Summary


Forestwood Residences located at District 19 is a newly developed residential condo. Future tenants will experience a luxurious living in this development. It is established by prestigious developers TID and Hong Leong and it will be completed in the year 2021.

Residents can have a great shopping experience at NEX Shopping Mall, Sunshine Plaza and Isetan and Upper Serangoon Shopping Centre. Forestwood Residences provides future residents a comfortable place to stay. All units are equipped with quality appliances that gives the future residents an enjoyable stay in the place.

Forestwood Residences has an elegant and luxurious design which attracts property seekers. Forestwood Residences is fully equipped with modern facilities and installed with branded appliances.Future residents deserve a comfortable place where they can live and enjoy their daily activities and Forestwood Residences assures that they will be satisfied.



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