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GuocoLand’s Faber Residence sees strong launch sales

Newsflash Asia

- October 20, 2025

GuocoLand’s latest development, Faber Residence, located in the exclusive Faber Walk enclave in Clementi, achieved impressive sales during its launch on 18 October 2025. Out of 399 units, 344 were sold, marking an 86% take-up at an average price of $1,580 (S$2,160) per square foot. Prices began at $936,000 (S$1.28m) for a 646 sq ft two-bedroom unit.

Faber Residence, comprising nine five-storey blocks, saw all 80 two-bedroom and 199 three-bedroom units fully sold. More than half of the larger four- and five-bedroom units were also snapped up. The majority of buyers are Singaporeans and permanent residents, primarily owner-occupiers drawn to the development’s strategic location, riverfront setting, and proximity to schools like Nan Hua Primary School.

Dora Chng, Residential Director at GuocoLand, noted, “Many of our buyers expressed that they appreciate the serenity they can enjoy in an entirely private estate, which is very rare in Clementi.” The development’s connectivity and access to the Ulu Pandan Park Connector were also significant attractions.

The condominium offers excellent transport links, with the Ayer Rajah Expressway and Pan Island Expressway nearby, and several bus routes providing direct services to Marina Centre. Faber Residence is also close to Jurong East and Clementi MRT stations, with future connectivity to the Cross Island Line and Jurong Region Line.

Jointly developed with TID Pte. Ltd. and Hong Leong Holdings Limited, Faber Residence is expected to be completed in 2029.

This story was selected and published by a human editor, with content adapted from original press material using AI tools. Spot an error? Report it here.

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