A unit at Waterfront @ Faber was just sold for a record-high of $3.48 million ($1,179 psf). The lease of the 274 sqm strata house started in 2013, leaving it with as remaining 85 years lease and is located along Faber Walk. It has a floor area equivalent to 2,949-sq ft.
The recent property transaction surpassed the previous record high in Waterfront @ Faber. In March 2022, a unit was sold for $2.95 million ($1,000 psf) with same floor area of 2,949 sq ft.
These two resale transactions surpassed 2021's record high of $2.88 million ($976 psf), which was set by a strata terrace sold in December 2021. It is a similar size unit.
Waterfront @ Faber is a 99-year leasehold condominium located along Faber Walk in District 5, Clementi. Completed in 2018, the development comprises 18 blocks with a total of 210 units. In keeping with the surrounding landed housing estate, the development is low-rise, standing at just 5 storeys, and also features 11 exclusive strata landed units ranging from 2,799 to 3,035 square feet.
Unit types include 2-, 3-, and 4-bedroom options, all available in dual-key format. Facilities are divided across four distinctive zones — The Forest, The Coast, The Lake, and The Valley — and include a gymnasium and a 50-metre lap pool. There is also a Sky Park on the rooftop of two blocks overlooking the waterfront.
You can check all the transactions (and more) for Waterfront @ Faber using our research tools.
The strata terrace should appeal to parents with school-going children, as they are within walking distance of several schools, including Bukit Timah Primary School, Qifa Primary School, Fuhua Primary School, NUS High School of Math and Science, Clementi Town Secondary School and Bukit View Secondary School. Nearby subway stations include Clementi, Jurong East and Bukit Batok. Shopping can be done in places like Giant Supermarket, FairPrice Xtra JEM and FairPrice.