Faber Residence’s price & investment potential deep dive ahead of the Oct 18 launch

Set to launch on 18 October 2025, Faber Residence brings renewed attention to a quiet pocket of Clementi that rarely sees new development activity. Nestled along the tranquil stretch of Sungei Ulu Pandan, this 99-year leasehold project offers an appealing alternative to Clementi’s dense high-rise cluster around the town centre.

With its indicative price starting from S$1,995 psf, how does this new launch sit against the broader market? We’ve covered all the key aspects for homebuyers and investors to know.

Faber Residence – Project overview

Developer	GuocoLand, Hong Leong Holdings, TID
Location	Faber Walk, Clementi (District 5)
Tenure	99 years (from 24 February 2025)
Site Area	25,795 sqm / 277,600 sqft
No. of Units	399
No. of Blocks	9 (5-storey each)
Unit Types	2 to 5 bedrooms
Launch Date	18 October 2025
Starting Price	From S$1.29 million
TOP (Estimated)	1Q 2029
Legal Completion	Dec 2030

The 399-unit Faber Residence has been thoughtfully designed to harmonise with its landed-house surroundings. The site layout revolves around 18 landscaped courtyards, each offering a different experience — from lily ponds and tree clusters to open lawns, pavilions, and quiet corners for relaxation.

Around 60% of the grounds are reserved for landscaping, with over 30% dedicated to greenery, creating a calm and natural environment that complements its riverside location.

Make sure you know everything Faber Residence has to offer — Read our full new launch review here

Launching below the Clementi average

Based on the developer’s indicative guide, average launch pricing begins at around S$1,995 psf, with entry quantum starting from about S$1.29 million for a 2-bedroom and S$1.59 million for a 3-bedroom. The project’s smaller average unit sizes — most between 646 sqft and 1,044 sqft — help keep overall prices relatively accessible.

Unit Type	Size (sqft)	No. of Units	% of Mix	Starting Price (S$)	Indicative PSF (S$)
2-Bedroom	646	80	20%	S$1.29 M	S$1,997
3-Bedroom	797 – 1,044	199	50%	S$1.59 M	S$1,995
4-Bedroom	1,119 – 1,270	100	25%	S$2.39 M	S$2,136
5-Bedroom	1,485	20	5%	S$3.19 M	S$2,148

The 3-bedroom units form half the development, aligning neatly with upgrader demand in the Clementi corridor, while the 2-bedroom units widen their appeal to younger families and investors seeking a smaller entry quantum. The bigger layouts, on the other hand, may attract families from the surrounding landed estates looking to right-size.

At about S$1,995 psf, Faber Residence is priced below the current District 5 average of S$2,280 psf and the Clementi sub-market average of S$2,175 psf for leasehold condominiums. This places the new launch roughly 10% lower than the prevailing market level, offering buyers a relative value entry point in the area.

Where it stands among its District 5 peers

Project	Launch Year	Tenure	Location	Avg. PSF 2025 (S$)	Notes
Waterfront @ Faber	2014	99 yrs	Faber Walk	1,551	Older finishes, lease start 2013
Whistler Grand	2018	99 yrs	West Coast Vale	1,905	High-rise, denser residential
Parc Clematis	2019	99 yrs	Jalan Lempeng	2,133	Mega-project, over 60 facilities
ELTA	2025	99 yrs	Clementi Ave 1	2,549	Post-GFA harmonisation, newest launch

The most comparable project is Waterfront @ Faber, a 2014 riverfront development located next door to Faber Residence. As of 2025, Waterfront @ Faber’s average prices sit at S$1,551 psf, significantly lower than Faber Residence’s launching price.

While both share the same riverside stretch, the contrast in tenure age and design is what sets them apart. Notably, Waterfront was launched pre-harmonisation, meaning its unit sizes include non-livable areas such as AC ledges. This inflates the overall floor area, which can make its psf appear lower than newer projects like Faber Residence.

Whistler Grand, located less than a kilometre away, also recently transacted at a lower psf. However, this 36-storey development has a total of 716 units, almost double the Faber new launch, and thus might be less suitable for those who value low-density living.

Parc Clematis, on the other hand, is an even bigger residential project with 1,468 units. Units there have since entered the resale market at higher price points, with 3-bedroom units averaging above S$2.2 million and 4-bedders reaching up to S$3.5 million.

Compared to the latest launch in Clementi

Clementi’s latest addition has already set benchmarks above S$2,500 psf in 2025. Launched earlier in February, ELTA is now 68% sold and averages around S$2,549 psf. In other words, Faber Residence is priced roughly 22% cheaper compared to this new launch.

This pricing strategy likely reflects the developer’s intent to build early momentum, supported by a lower land cost of around S$900 psf ppr — nearly 30% below the winning bid for ELTA’s site.

Additionally, the project’s landed-enclave setting differs from the high-density Clementi Avenue corridor. Rather than competing on scale or amenities, Faber Residence offers horizontal exclusivity over vertical density, appealing to buyers who value peace and privacy over extensive facility lists or closer access to the town centre.

District 5 price growth over the last 5 years

Faber Residences enters the market at a time when District 5’s property values have outperformed Singapore’s broader landscape. The overall market for 99-year leasehold condos in the district has grown by 46% since 2020, while the Clementi sub-market itself saw roughly 40% growth. In comparison, leasehold prices across the island only appreciate by around 37% over the same period.

To understand Faber Residences’ pricing logic further, it’s worth examining how the nearby projects have moved over the last five years. Waterfront @ Faber, Whistler Grand, and Parc Clematis have appreciated by 15%, 26%, and 32%, respectively.

Average PSF breakdown

Segment	2020	2021	2022	2023	2024	2025
Waterfront @ Faber	1,562	1,266	1,416	1,496	1,512	1,551
Whistler Grand	1,511	1,560	1,697	1,855	1,882	1,905
Parc Clematis	1,616	1,691	1,780	1,989	2,058	2,133
Clementi Town	1,559	1,529	1,546	1,671	1,797	2,175
District 5	1,562	1,684	1,661	1,906	1,884	2,280

With each segment recording double-digit percentage gains by 2025, the long-term value of Clementi and West Coast assets has demonstrated steady resilience. The district’s strong connection to one-north, Jurong Lake District (JLD), NUS and NUH, plus a consistent upgrader base, have supported prices despite multiple cooling rounds.

How investors might see Faber Residence

Faber Residences’ projected launch level of around S$1,995 psf looks cautious rather than speculative. It enters the market with pricing closer to the 2024 average rather than today’s benchmark, opening the door wider to the price-sensitive buyers and first-time investors.

This lower entry point provides more headroom for gradual appreciation and enough buffer to absorb possible price adjustments in the future. With 3-bedroom units (797 – 1,044 sqft) priced from S$1.5 million, it is even competitively priced against the public housing in the area. A newly MOP-ed 4-room flat (1,001 sqft) with 3 bedrooms was sold for a record S$1.3 million earlier this month.

With just 399 units, Faber Residence is unlikely to see the same level of resale activity as larger mega-developments. Yet this smaller scale can work in its favour: with fewer comparable listings and limited competing stock in the Faber Walk enclave, resale prices may remain supported through scarcity.

The project’s new lease start also helps preserve long-term value compared with older stock, such as the next-door Waterfront @ Faber, whose tenure began in 2013. Moreover, the project’s alignment with upgrader demand — particularly families eyeing Nan Hua Primary within 1km — adds an element of demand certainty that investors appreciate, especially in down-cycles.

Within the rental segment, Clementi projects typically achieve 3.5–3.6% gross yields, with nearby rents ranging from S$4.49 psf (Waterfront @ Faber) to above S$6 psf (Parc Clematis). Strong tenant demand from NUS, one-north, and Jurong is expected to fuel a steady income stream.

Possible drawbacks to note

One consideration investors should keep in mind is the project’s distance from the nearest MRT station. Faber Residence does not offer direct doorstep access to MRT — the future Jurong Town Hall MRT station will be about a 10-minute walk away. While this is still within reasonable range, it may be less attractive to tenants or buyers who prioritise immediate public transport convenience.

Another factor is proximity to the Ayer Rajah Expressway (AYE). Although the development incorporates acoustic treatments to reduce traffic noise, certain stacks may still experience mild exposure. For long-term investors, stack selection could play a meaningful role in determining resale appeal and value stability over time.

The long game: Well-positioned for future growth in the West

After a wave of successful launches over the years, the new launch pipeline has begun to thin. ELTA is already about 68% sold, and there are currently no confirmed Government Land Sales (GLS) plots slated for release within Clementi itself. As a result, primary supply in the area is expected to stay tight through at least 2026, with future launches likely concentrated farther west in the Jurong or Tengah corridors.

At the same time, the western corridor is undergoing a major transformation. The Jurong Lake District (JLD) is expanding as Singapore’s second business hub, bringing new offices, retail and recreation spaces closer to home for thousands of professionals. This decentralisation trend is expected to lift housing demand in nearby towns, such as Clementi, as more workers seek shorter daily commutes.

Connectivity improvements will reinforce this shift. By 2028, the Jurong Town Hall MRT station on the Jurong Region Line (JRL) will open. Further ahead, Clementi MRT is slated to become an interchange between the East-West and Cross Island lines by 2032, providing residents with cross-island links to the northeast and east regions.

In combination, these developments point to a long-term growth narrative for the western region — one where infrastructure delivery, job creation, and limited new supply are likely to underpin housing values well beyond Faber Residence’s launch phase.

⚖️ Our final take on Faber Residence

Faber Residence enters the market at a time when fundamentals are firmly on its side — moderated pricing, tightening supply, and steady west-side growth. With the launch price roughly 10% below Clementi’s average, it gives both homeowners and investors a comfortable margin of safety.

Its location along Faber Walk offers something few new launches can replicate: a riverfront setting within a landed enclave, yet still well-connected to major educational and employment clusters. The smaller scale and lower density offer a more private, park-like living environment. It is quite valuable today as greenery is becoming less common in Singapore.

For upgraders, the appeal lies in its family-sized layouts, proximity to reputable schools such as Nan Hua Primary, and pricing that sits close to the resale quantum of newer 4-room HDB flats in the same area. For investors, the project’s sensible entry pricing, fresh 99-year lease, and steady tenant base near NUS, NUH, one-north, and Jurong Lake District combine into a stable, income-backed investment case.

Looking ahead, District 5’s 46% growth over the past five years and continuing west-side transformation suggest that the market’s momentum is still in its mid-cycle phase rather than at its peak. If this trajectory holds, Faber Residence could follow the same path as earlier Clementi launches, or even surpass them with stronger performance.

Stay updated with the latest news and insights on Singapore’s new launch market here.