Faber Residences: Should This Be Your Next Property Investment?
An in-depth analysis of Singapore's most anticipated new launch in the Clementi area
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Introduction
As Singapore's property market continues to evolve, discerning buyers are constantly seeking opportunities that offer both immediate value and long-term growth potential. Enter Faber Residences, a 99-year leasehold development by GuocoLand that's generating significant buzz in the real estate community. Scheduled for launch in Q4 2025, this 399-unit resort-style development promises to be the last major new launch opportunity in the coveted Clementi area.
But is Faber Residences worth your investment? Let's dive deep into what makes this development tick, examine the challenges it faces, and help you make an informed decision using a structured analytical approach.
The Investment Case: Why Faber Residences Deserves Your Attention
The Scarcity Factor: Last Call for Clementi
Perhaps the most compelling argument for Faber Residences lies in its unique timing. The land along the Clementi stretch has been extensively developed, with projects like Clement Canopy, Clavon, and ELTA already launched and sold. Faber Residences represents what may be the final opportunity to buy into a new launch in this mature estate for 2025, and potentially 2026 as well.

Limited New Launch Opportunity: because the land along the clavon stretch has been all sold, Faber Residences may be the last chance to buy into the Clementi area for a new launch in 2025
This scarcity creates a unique window of opportunity. For buyers who have been waiting for the right moment to enter the Clementi market, this could be their last chance at new launch pricing in this established neighborhood.
School Proximity: The Nan Hua Primary Advantage
One of Faber Residences' strongest selling points is its proximity to Nan Hua Primary School – just 1km away. In Singapore's competitive education landscape, this distance isn't just a convenience; it's a significant advantage. Parents within the 1km radius receive priority during school registration, a privilege that even alumni outside this zone don't enjoy.

School Proximity: Being within 1KM to Nan Hua Primary School is a major draw for families seeking priority in school registration. The ability to walk to the school through the landed estate adds to its appeal
The last new launch within 1km of Nan Hua Primary was Whistler Grand in 2018 – seven years ago. This makes Faber Residences particularly attractive to families prioritizing their children's education, creating a built-in demand base that should support long-term value appreciation.
Competitive Pricing in Today's Market
Based on the land cost of $900 per square foot per plot ratio, estimates suggest Faber Residences will launch at around $2,100 psf. While this might seem substantial, it's actually competitive when viewed against current market conditions.
GuocoLand-led JV submits highest bid of $900 psf ppr for Faber Walk GLS site - November 26, 2024
Land Cost Per Square Foot Per Plot Ratio comparison showing Canberra Crescent Residences at $793 psf ppr, Faber Walk at $900 psf ppr, and other projects ranging from $771-$1,250 psf ppr
Price Comparison with Nearby Developments
Consider this: Executive Condominiums in the west, such as Otto Place, have been trading between $1,700-$1,800 psf despite being 99-year leasehold with eligibility restrictions. Present launches like ELTA and Lyndenwoods, just minutes away, are selling above $2,500 psf. Even non-harmonized projects in Jurong East and Lakeside are averaging $2,300-$2,800 psf.

At $2,100 psf, Faber Residences offers a "safe entry price" – you're unlikely to find another new launch closer to MRT stations with better attributes selling at a lower price point.
Market Comparisons: How Faber Residences Stacks Up
Learning from Neighboring Successes
Critics often point to Waterfront at Faber's modest historical performance as a red flag. However, this comparison overlooks crucial differences. Developed by World Class Land, Waterfront at Faber sits on just 160,000 square feet. In contrast, Faber Residences spans nearly 300,000 square feet – almost double the size – while housing only 399 units.
Debunking the Myths - "Waterfront on faber not profitable"
Waterfront @ Faber sat on about 160,000 sqft. Faber Residence is close to 300,000 sqft — nearly double the size. That means we can offer a lot more facilities, and they won't feel overcrowded. You're getting the resort lifestyle, from the premium brand
Price Support - Past Newer Resale Properties
Newer resale properties like The Clement Canopy, Whistler Grand, Twin View, Clavon and even Parc Riviera — none of them are right next to an MRT station but have all shown 100% profitability, with high profits ranging from over $800,000 to over $1 million
More importantly, neighboring projects have demonstrated strong profitability. Developments like Clement Canopy, Whistler Grand, Twin View, and Park Riviera – none directly adjacent to MRT stations – have all shown 100% profitability with gains ranging from $800,000 to over $1 million. This track record suggests that the Clementi area has inherent appeal that transcends MRT proximity.
The Developer Advantage
GuocoLand's involvement cannot be understated. In Singapore's resale market, developer reputation significantly impacts both initial demand and long-term value retention. Premium developers don't just command better launch sales; their projects typically hold prices better over time. The difference between a mass-market builder and a premium developer like GuocoLand becomes particularly evident in resale sustainability and capital appreciation.

Premium developers like GuocoLand are known for quality finishes, thoughtful design, and superior construction that maintains value over time.
Future Supply Dynamics
Looking ahead, upcoming launches in similar locations will likely command higher prices. GLS sites at Dairy Farm and Upper Bukit Timah are expected to launch between $2,200-$2,400 psf, despite being further from the city center and equally distant from MRT stations. This forward-looking view suggests that Faber Residences, at its estimated pricing, represents good relative value.
The PMFX Framework: A Holistic Evaluation
The PMFX Framework provides a comprehensive approach to evaluating property investments by examining three critical dimensions:
1
Price
  • Palatable quantum
  • Proven price vs nearby resale
  • Attractive vs nearby new launches
  • Future GLS will launch higher
  • Development price support
2
Mass Appeal
  • Close to MRT and amenities
  • Efficient popular unit layout
  • Within 1km of good schools
  • Attractive design and lifestyle concept
  • Full condo facilities/proper dev size
3
Future Demand/Supply
  • Confirmed major transformation
  • Nearby upgrader pool
  • Future GLS support
  • Limited new condo supply
  • Near employment or education nodes
Price Assessment: Three-Dimensional Analysis
Effective property evaluation requires examining price support from multiple angles: past performance, present comparisons, and future benchmarks.
1
Past Performance
Resale properties in the Clementi and West Coast areas have proven their worth. Projects like Park Riviera, Twin View, and Whistler Grand have all delivered solid returns despite not being MRT-adjacent.
2
Present Comparisons
Current launches in comparable locations are priced significantly higher, making Faber Residences appear well-positioned.

Present launches like ELTA and Lyndenwoods — just a few minutes drive away, or about two expressway exits from here — have been selling above $2,500 psf on average. If you take just one MRT stop down to the Jurong East and Lakeside area, non-harmonised projects are already averaging between $2,300 to $2,800 psf
3
Future Benchmarks
With upcoming launches expected at $2,200-$2,400 psf, entering at $2,100 psf provides a buffer against immediate price depreciation.

Price Support - Future: So if Faber Residence comes in at around $2,100 psf, you're essentially entering at a lower price point than an upcoming project that's further out and with similar MRT distance. This makes the case for a safe entry price even stronger — especially when you layer in the Jurong transformation story, Nan Hua Primary within 1km, and GuocoLand's premium build quality
Mass Appeal: Beyond MRT Proximity
While MRT connectivity dominates property discussions, mass appeal encompasses broader factors. Faber Residences offers:
Family-oriented environment
The low-density, resort-style setting appeals to families seeking tranquility
Educational proximity
The Nan Hua Primary School factor cannot be overstated
Efficient layouts
Proven unit configurations from successful projects
Premium facilities
The large land size enables comprehensive amenities without overcrowding
Future Demand and Supply Dynamics
The supply constraint in Clementi creates a compelling future demand scenario. With limited new launches expected in the area, Faber Residences benefits from a captive market of buyers specifically seeking Clementi addresses.
Additionally, the Jurong transformation, while not directly impacting the site, creates positive spillover effects. Residents enjoy proximity to this major development without dealing with construction-related disruptions.
Jurong Lake District transformation creates positive spillover effects for nearby areas
Addressing the Concerns
The MRT Question
Yes, Faber Residences isn't walkable to an MRT station. However, this limitation is mitigated by several factors:
Debunking the Myths - "Not near an MRT"
It's not right on top of an MRT, but let's put that in context — there are nearby bus stops within the area, right next to the expressway you have buses that takes you to clementi, and if you cross the overhead bridge to the other side you have buses to Jurong as well. Bus: 201, 97, 154, 197, 198
  • Multiple bus services (201, 97, 154, 197, 198) provide direct connections to Clementi, Jurong, and the CBD
  • For many residents, the time difference between walking to MRT and taking direct buses is minimal
  • The pricing reflects this limitation, offering value that MRT-adjacent properties cannot match
Development Size Considerations
With 399 units, Faber Residences isn't a mega development. However, focusing solely on unit count misses the bigger picture. The project's 300,000 square feet of land – 50% larger than Promenade Peak and almost double River Green's footprint – enables resort-style living with ample facilities and privacy.
Sometimes, quality trumps quantity.
Making Your Decision

Price Matrix Disclaimer: All pricing mentioned is purely my own estimate — not from the agency or developer. Actual launch price not announced at time of recording
Faber Residences presents a nuanced investment opportunity that defies simple categorization. It's not for buyers who prioritize MRT proximity above all else, nor for those seeking mega-development amenities. However, for families valuing educational proximity, investors seeking value in an established area, or buyers wanting resort-style living with premium developer backing, it deserves serious consideration.
The development's timing – as potentially the last Clementi new launch for years – adds urgency to the decision-making process. Combined with competitive pricing relative to market alternatives and strong fundamentals supporting long-term value appreciation, Faber Residences could represent one of 2025's most compelling new launch opportunities.
The key is understanding that property investment isn't about checking every box perfectly; it's about finding developments where strengths significantly outweigh weaknesses and where market dynamics support sustainable growth.
Your Next Steps
Property investment decisions are highly personal, influenced by individual circumstances, financial capacity, and lifestyle preferences. While Faber Residences presents compelling fundamentals, determining whether it aligns with your specific needs requires deeper analysis.
Consider scheduling a one-to-one consultation to understand the current market landscape and explore the various options available for your property purchase plan. A personalized assessment can help you navigate the complexities of Singapore's property market and identify opportunities that best match your investment objectives and personal requirements.
Remember, in today's dynamic property market, informed decisions make all the difference between a good investment and a great one.