Faber Residence at Faber Walk - New Launch SG Condo
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Brief Project Details
- Site Area (sq m) : 25,795.5
- Gross Floor Area (sq m) : 36.114
- GLS psf : $900 psf ppr
- Leasehold : 99 years
- 9 Blocks
- 2 - 5 Bedroom Type
- Basement Carpark
- JV GuocoLand, TID Residential, and Intrepid Investment.
- Approx. 1.75km to Clementi MRT
- Expected TOP in 2029
- Firstly, approximately 399 exclusive residential units.
- Equally important, trusted and renowned developers.
- Above all, potential upside with Clementi Transformation.
- Furthermore, minutes walk to Clementi MRT
- Also, renowned School nearby.
Faber Residence Unit Mix
Floor Plans
Faber Residence Price
On November 19, 3 offers were received for the Government Land Sale (GLS) residential plot at Faber Walk. A joint venture consisting of GuocoLand, TID Residential (a joint venture between Hong Leong Holdings and Mitsui Fudosan), and Intrepid Investments (a wholly-owned subsidiary of Hong Leong Holdings) put in the top bid, $349.858 million, or $900 psf per plot ratio (ppr).
The 277,659 square foot, 99-year leasehold property in Clementi could be transformed into a new 400-unit residential complex with a maximum gross floor area (GFA) of 388,728 square feet. It is designated for residential non-landed usage.
Amenities
The Developers
Hong Leong Holdings Limited
- Hong Leong Holdings Limited (HLHL) was founded in 1968 as the private property development and investment arm of one of Asia’s largest and most successful diversified conglomerate, Hong Leong Group. www.hongleong.com.sg
Guocoland
- Listed on the Singapore Exchange Securities Trading Limited since 1978, guocoland Limited ("guocoland") is a premier regional property company with operations in the geographical markets of Singapore, China, Malaysia and Vietnam. In 2017, guocoland marked its expansion beyond Asia into the new markets of the United Kingdom and Australia through a strategic partnership with Eco World Development Group Berhad in Eco World International Berhad.
- Headquartered in Singapore, the principal business activities of GuocoLand and its subsidiaries (“the Group”) are property development, property investment, hotel operations and property management, and it is focused on achieving scalability, sustainability and growth in its core markets. The Group’s portfolio comprises of residential, hospitality, commercial, retail and integrated developments spanning across the region. As at 30 June 2018, the Group’s total assets amounted to $10.5 billion.
Singapore and around the region
- In Singapore, the Group has successfully developed 35 residential projects yielding approximately 10,000 apartments and homes. GuocoLand’s flagship integrated mixed-use development Tanjong Pagar Centre, integrates premium Grade A offices at Guoco Tower, a dynamic lifestyle and F&B retail space, luxurious apartments at Wallich Residence, the 5-star business hotel Sofitel Singapore City Centre and a landscaped urban park. It has also developed a sizeable portfolio of properties spanning across the major cities of Beijing, Shanghai, Nanjing and Tianjin. The Group’s 65% owned subsidiary, GuocoLand (Malaysia) Berhad (which is listed on Bursa Malaysia), is an established property developer of community-centric residential townships and innovative commercial and integrated development projects in Malaysia.
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