Clementi is often associated with its central hub around the MRT and mall, but Faber Walk sits in a very different sub-market: a landed enclave beside Sungei Ulu Pandan. Faber Residence capitalizes on this privacy and exclusivity, while also benefiting from its proximity to Nan Hua Primary and the wider D5 amenities.
In this pricing review, we’ll benchmark Faber Residence’s $PSF and quantum against District 5 peers, evaluate whether its landed-enclave positioning justifies the pricing, and assess potential exit strategies. Specifically, we’ll ask: will exclusivity and school proximity help it hold value, or will limited scale and transaction volume dampen its long-term resale prospects?
Quick Summary:
- At an indicative $1,995 psf, Faber Residence sits on the higher end locally, but its smaller unit sizes keep overall prices in the low-to-mid range.
- Among current new launches, Faber Residence is one of the most affordable projects both in D5 and across the OCR.
- Its unit mix leans toward three- and four-bedders, directly matching upgrader demand, while two-bedders still cater to younger buyers facing tight supply.
- Its land plot has a lower breakeven psf than nearby ELTA, giving the developer more room to price competitively while also holding the Nan Hua Primary School 1-km advantage.
Our key considerations when looking at Faber Residence’s pricing
These are the main issues we’ll take into consideration:
- D5 performance – How has D5 been doing across segments and tenures compared to the rest of the market?
- Relevant resale alternatives – Which resale condos sit within range of Faber’s launch prices, and have they been profitable?
- Nearest competitors – How Faber’s prices and layouts stack up against the closest current options.
- New launch context – Where Faber ranks among today’s launches, broken down by bedroom type.
- Exit strategies – Relevant supply and demand, as well as future developments nearby.
These are the current indicative prices for Faber Residence
| Unit type | Estimated size (sq ft) | Indicative starting price | Indicative starting $PSF |
| 2 Bedroom | 646 | $1,290,000 | $1,997 |
| 3 Bedroom | 797 – 1,044 | $1,590,000 | $1,995 |
| 4 Bedroom | 1,119 – 1,270 | $2,390,000 | $2,136 |
| 5 Bedroom | 1,485 | $3,190,000 | $2,148 |
Let’s start by looking at condo performance in D5 in general
This takes into account all transaction types, for a quick snapshot. We’ll look at a 10-year transaction history:
All tenures
| Year | D5 | All non-landed private properties |
| 2014 | $1,269 | $1,289 |
| 2015 | $1,186 | $1,180 |
| 2016 | $1,218 | $1,232 |
| 2017 | $1,257 | $1,304 |
| 2018 | $1,430 | $1,435 |
| 2019 | $1,478 | $1,560 |
| 2020 | $1,536 | $1,513 |
| 2021 | $1,659 | $1,600 |
| 2022 | $1,633 | $1,712 |
| 2023 | $1,940 | $1,869 |
| 2024 | $1,857 | $1,886 |
| Annualised | 3.88% | 3.88% |
Over the past decade, D5 has moved largely in step with the wider condo market. The annualised growth rate works out to 3.88 per cent, identical to the national average.
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