Faber Residence – Why This Low-Rise West-Side Project Sold Out So Fast | NLR Ep 62

Faruuq from PropertyLimBrothers reviews Faber Residence, a low-rise 99-year condominium in District 5’s Faber Walk that sold out shortly after launch! The development spans an unusually generous 277,000 sq ft of land and spread across nine blocks with only five storeys each—a scale rarely seen in the west today. Developed by GuocoLand and Hong Leong Holdings, Faber Residence delivers 399 units with an intentional own-stay focus: no 1-bedders, roughly 80 percent 3-bedrooms and above, and several stacks facing Sungei Ulu Pandan for tranquil river views.

Its launch pricing was the hook—2-bedroom units from ~$1.29 mil ($1,997 PSF) and 3-bedroom compact from ~$1.6 mil—numbers almost unheard of in 2025 for a new OCR project with this pedigree. Jurong Town Hall MRT—part of the upcoming Jurong Region Line—is expected to open roughly an 8–10 minute walk away by the late 2020s, reinforcing both rental and resale prospects. The address also sits within a dense education belt (Nan Hua Primary, ACSI, SUSS, SIM, NUS High School, SP and more), creating a constant base of tenant and upgrader demand.

Faber Residence’s complete sell-out showcased a broader sentiment in 2025: buyers are increasingly drawn to low-density, family-centric estates that balance entry quantum, serenity, and long-term upside. Faber Residence swift absorption shows how well-priced west-side inventory—when paired with trusted developers and a strong exit story—can still capture the market’s attention.

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