FABER RESIDENCE
UrbanLens Analysis
FABER RESIDENCE trades at $2,150 PSF, sitting 33% above the District 05 median of $1,618 PSF. At 19 minutes from Clementi MRT (1501m), transit access is passable but not a differentiator. ELTA fetches $2,547 PSF nearby -- that 16% gap frames FABER RESIDENCE's relative value proposition.
Prices have essentially flatlined over two years (+0.0%), suggesting a market in equilibrium. 365 transactions over two years gives deep liquidity and reliable pricing signals. For context, PARC CLEMATIS has gained 5.9% over the same period.
With ~98 years on a 99-year lease, financing and CPF remain fully unconstrained. Lease decay is a non-issue at this stage. Rental data is too thin to calculate a reliable yield. Treat this as a capital-appreciation play and verify rental demand independently.
With 399 units, amenities are comprehensive and resale liquidity is generally healthy, though price compression can occur when too many sellers list simultaneously.
Nearby Comparables
| Development | Median PSF | Yield | 2Y Change |
|---|---|---|---|
| PARC CLEMATIS | $2,081 | 3.5% | +5.9% |
| ELTA | $2,547 | — | 0.0% |
| BLOOMSBURY RESIDENCES | $2,504 | — | 0.0% |
| NORMANTON PARK | $2,075 | 3.7% | +10.3% |
| CLAVON | $2,046 | 3.5% | +17.8% |
PSF Trend
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