Guocoland, in collaboration with its partners TID and Hong Leong Holdings, has successfully secured a S$367.1 million green club facility from DBS Bank for its upcoming Faber Walk residential project.
This move aligns with the company’s broader green finance strategy. It also strengthens Singapore’s push towards environmentally responsible real estate. So let’s break down the news for all our keen homeowners!
Table of Contents
- A green milestone in Singapore’s real estate landscape
- Strategic location and connectivity
- BCA Green Mark and Guocoland’s commitment to sustainability
- What this means for homebuyers and investors
A green milestone in Singapore’s real estate landscape
The green club facility was raised under Guocoland’s Green Finance Framework. The latest project adds to the company’s already impressive portfolio of green-certified developments. The Faber Walk project follows other green developments such as Guoco Tower on Wallich Street, Guoco Midtown on Beach Road, Midtown Modern on Tan Quee Lan Street, and Lentor Mansion in Lentor Gardens.
The development will consist of 399 residential units, across nine low-rise blocks on a 277,659 sqft site along Faber Walk. The land parcel was acquired through a Government Land Sale (GLS) tender in November last year. Guocoland and its joint venture partners submitted the top bid of S$349.86 million, translating to S$900 psf per plot ratio.
3
3
5
4
3
2
2
2
2
2
4
3
5
4
3
2
3
3
6
6
Strategic location and connectivity
The project is located in the Faber Walk landed private residential enclave, adjacent to Faber Hills estate. Situated beside the Pandan River and near the upcoming Old Jurong Line Nature Trail, the development aims to integrate biophilic design principles, blending modern architecture with nature to offer a sustainable and vibrant living environment.
The site is within one kilometre of Nan Hua Primary School. However, there are not many amenities within walking distance of the site. Residents with private transport options will find it easy to travel to Jurong Lake District, National University of Singapore (NUS), one-north, and other lifestyle hubs nearby.
Once the Jurong Town Hall MRT station is operational in 2028, residents will also enjoy connectivity to commercial areas like Jurong International Business Park and Jurong Innovation District.
BCA Green Mark and Guocoland’s commitment to sustainability
The BCA Green Mark is a green building rating system designed to promote sustainable design and best practices in environmental performance for buildings in Singapore. Developed by the Building and Construction Authority (BCA), it encourages the construction industry to adopt eco-friendly solutions that enhance energy efficiency, water conservation, and indoor environmental quality.
Faber Walk is expected to receive the BCA Green Mark Platinum (Super Low Energy) certification with a Maintainability Badge from the BCA. This certification recognises buildings that demonstrate exceptional energy efficiency and maintainability.
Guocoland has been a front-runner in green financing for a long time now. In August last year, the company secured S$847.1 million in green financing for its Upper Thomson (Parcel B) site. This will be a 941-unit residential project launching later this year. Additionally, its largest green loan to date—S$1.2 billion for Guoco Midtown—highlights its ability to attract large-scale green funding for sustainable urban developments.
What this means for homebuyers and investors
Singapore has been at the forefront of sustainability initiatives, with ambitious goals under the Singapore Green Plan 2030.
As part of this initiative, the Faber Walk project presents an exciting opportunity for homebuyers and investors looking for sustainable properties with long-term appreciation.
For those exploring other promising new launch options, you can also take a look at Lentor Gardens Residences
We love eco-friendly housing as much as the modern Singaporean, so rest assured we will keep updating you about this development! Remember to follow us on or Facebook page for timely updates.
About 99.co
We are a property search engine with the overarching goal of building a more transparent and efficient property market. We are working towards that future by empowering people with the tools and information needed to find a place to live in the best way possible.
Looking to sell your property?
Whether your HDB apartment is reaching the end of its Minimum Occupation Period (MOP) or your condo has crossed its Seller Stamp Duty (SSD) window, it is always good to know how much you can potentially gain if you were to list and sell your property. Not only that, you’ll also need to know whether your gains would allow you to right-size to the dream home in the neighbourhood you and your family have been eyeing.
One easy way is to send us a request for a credible and trusted property consultant to reach out to you.
Alternatively, you can jump onto 99.co’s Property Value Tool to get an estimate for free.
If you’re looking for your dream home, be it as a first-time or seasoned homebuyer or seller – say, to upgrade or right-size – you will find it on Singapore’s fastest-growing property portal 99.co.
Meanwhile, if you have an interesting property-related story to share with us, drop us a message here — and we’ll review it and get back to you.
Join our social media communities!
Facebook | Instagram | TikTok | Telegram |Â YouTube | Twitter
Leave a comment