Within the bustling Clementi estate lies a serene and unique, non-public household enclave in Faber Walk, in which a different waterfront challenge is about to become launched. In the community land tender that shut on 19 November 2024, the Faber Walk authorities land sale website drew a best bid of $349.
GuocoLand’s acquisition of your Faber Walk site presents promising potential clients for buyers and traders. With its aggressive land selling price, strategic place, and planned small-increase strategy, the venture has every one of the ingredients for your standout progress in 2025.
The new condo at Faber Walk is anticipated to attribute a range of device varieties, catering to unique customer profiles.
"Given that GLS web-sites considering that June 2024 have been seeing reduced Levels of competition (with) two to 3 bidders, we hope to see a muted amount of bidders from developers for the Faber Walk internet site," said Mr Chu.
This cautious method, while it could feel conservative, in fact stabilizes the marketplace and ensures that developers can offer additional competitive pricing to homebuyers.
A mature town in the West facet of Singapore, Clementi marries a abundant historical past with modern aesthetics and beautiful features. Probably That is why the town is comparatively well-liked with equally proprietor occupiers and renters alike, which makes it a vivid residential neighbourhood.
The project for the Faber Walk internet site (in orange) includes a greatest gross floor area of more than 3.six ha and may go up to five storeys.Image: URA
Zillow Group is committed to ensuring digital accessibility for individuals with disabilities. We've been continually Doing work to improve the accessibility of our web experience for everyone, and we welcome opinions and accommodation requests. If you want to report a concern or find an accommodation, remember to allow us to know.
Proximity to top schools, which include Nan Hua Most important plus the Countrywide College of Singapore, adds A different layer of attraction for households. Although not directly connected to an MRT station, the website gives A personal enclave near Way of living amenities and reliable instructional establishments.
In spite of the increase in customer demand, faber walk new condo singapore builders are preserving a careful strategy. The Faber Walk bids were likely submitted prior to the achievements of modern launches like Emerald of Katong and Chuan Park, leading to restrained land acquisition procedures.
Specified GuocoLand’s reputation for delivering quality developments, there’s A great deal anticipation regarding how this undertaking will acquire form. If priced competitively, this launch could characterize a scarce chance for consumers searching for value with out compromising on good quality.
Over-all, the JRL is anticipated to significantly enhance community transportation connectivity in the Western A part of Singapore, the place the Jurong Lake District (JLD) is slated to be the largest business hub beyond the central enterprise district.
With a person facet of the internet site facing the waterway, some units within the impending project will most likely take pleasure in waterfront views. Meanwhile, units struggling with the landed housing area in Faber Hills could also get unblocked views of your neighbourhood.
The task for the Faber Walk web-site includes a utmost gross floor spot of in excess of three.6ha and might go up to five storeys.