faber walk condo Options
faber walk condo Options
Blog Article
As the housing market in Singapore continues to evolve, the Faber Walk GLS web site is poised to generally be a hugely coveted place, featuring a mixture of tranquility and accessibility.
One of the essential promoting details on the Faber Walk new condo might be its blend of city benefit and normal elegance. Along with the close by parks and eco-friendly spaces, citizens will enjoy a wholesome and Energetic Way of living.
As the desire for residential Qualities in Singapore stays powerful, Homes in nicely-located regions like Faber Walk are predicted to understand in worth eventually.
A GUOCOLAND-LED consortium put the highest bid for a private housing internet site for around four hundred models in Faber Walk, beating two other teams at The federal government tender’s shut on Tuesday (Nov 19).
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Mr Yip predicts which the web page may appeal to up to 3 bidders in addition to a prime bid of among $800 and $850 for each sq ft per plot ratio (psf ppr).
The URA’s strategic arranging and zoning recommendations will make sure that the development complements the encompassing atmosphere although featuring contemporary and sustainable dwelling Areas.
GuocoLand’s Faber Walk project displays broader traits in Singapore’s home sector. The landscape is poised for Restoration after a subdued 2024, marked by careful bidding and several other unsuccessful federal government land revenue.
Proximity to leading educational facilities, which include Nan Hua Main as well as Countrywide University of Singapore, adds One more layer of appeal for households. Whilst in a roundabout way connected to an MRT station, the location features A personal enclave near Way of living features and dependable educational establishments.
Stating which the website's location might not be as desirable as that of other web sites for example Bayshore in Bedok, Chuan Grove in Lorong Chuan and Chencharu in Yishun, Mr Chu explained that developers may very well be cautious in bidding for the site as residence cooling steps have dampened demand.
“Given that GLS web pages because June 2024 have been seeing minimal Levels of competition (with) two to three bidders, we count on to view a muted range of bidders from builders for your Faber Walk website,” he reported.
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The challenge on the Faber Walk web page (in orange) incorporates a highest gross floor area of over three.6 ha and may go faber walk new launch up to 5 storeys.PHOTO: URA
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