Faber Residences

The project is located in a calm, private, serene landed enclave along Faber Walk, providing easy access to city conveniences, though public transport is not immediately adjacent.

Faber Residence is described as being very far from the MRT (1.49km from Clementi MRT) and amenities, with potential significant road noise for low-rise units near the AYE.

Faber Residence offers a very safe and acceptable entry price due to its low land bid of 900 psfpr, creating a clear value gap compared to other upcoming OCR GLS sites and competitive neighboring resale projects.

The project offers a negative gap score for larger unit types, entering at a lower price than median quantum of resales in the area, due to its very cheap land cost of 900 psf PPR.

While specific layouts are not yet released, unit sizes from 2-bed to 5-bed are expected to be similar or larger than the successful Spring Leaf Residence, catering efficiently to young couples and families.

Layouts are considered superior to neighbors, including newer condos like Whistler Grand, being the first GFA harmonized plot with efficient, livable family-sized units, some even featuring a flex room.

The location boasts proximity within 1km to Nan Hua Primary, other good schools, and unique lifestyle offerings like the Ulu Pandan Park Connector and Pandan River, providing a blend of education, nature, and tranquility.

The development is highly likely to be within 1KM of Nan Hua Primary and is close to other decent primary, secondary, and tertiary schools, attracting strong family demand.

Residents will benefit from a tranquil, low-density landed enclave environment with easy access to shopping and dining at West Mall, Clementi Mall, and Jurong East, with potential shuttle bus services to MRTs.

Daily convenience is low due to distance from food, groceries, and major amenities, with the development's low-rise nature potentially leading to condensed living spaces despite landscaping efforts.

Clementi is identified as one of Singapore's strongest rental belts, supported by numerous education, healthcare, research, and future job hubs, ensuring steady rental demand for both small and large units.

The area demonstrates high profitability for family-sized units, with annualized profits typically above 4% to more than 7%, even for developments not directly near the MRT.

Buying into Faber Residence offers an opportunity to ride on future growth, leveraging upcoming Jurong transformations and MRT lines for long-term capital appreciation.

Faber Residence's lower pricing compared to newer neighbors, driven by a cheap land cost, offers a good entry point with strong potential for capital appreciation over time.

The West, especially Jurong, is undergoing massive changes with the Jurong Innovation District and Jurong Lake District, promising significant job opportunities and demand for the area.

Although not detailed specifically for Faber, the overall regional Jurong transformations are expected to contribute positively to district growth.

The construction of the Jurong Region Line (JRL), including walkable Pandan Reservoir and Jurong Town Hall MRT stations, will directly connect residents and drive future growth before TOP.

Not explicitly detailed for Faber, but the low supply and high demand for family units in the area position it well for future value, supported by ongoing regional developments.

The safe entry price, coupled with a unit mix catering to the majority family buyer pool in Singapore and demand from Clementi HDB upgraders, suggests strong resale potential and upward mobility.

The exit strategy for family-sized units is strong due to very low supply (2.7% for 3BR, 3.92% for 4BR) and high demand from families wanting to live near good schools and HDB upgraders.