With 1 facet of the location facing the waterway, some models for the impending task will probably love waterfront sights. In the meantime, units facing the landed housing location in Faber Hills could also get unblocked sights from the neighbourhood.

Intrepid Investments is really a subsidiary organization of Hong Leong Holdings. Hong Leong Holdings was formed in 1968 as Hong Leong Group's privately held assets financial investment and property holding car or truck. It has since proven itself as An important player inside the home industry, rendering it One of the more sought-soon after suppliers of a cushty household.

Pointing out that the web-site’s place might not be as appealing as that of other web pages for instance Bayshore in Bedok, Chuan Grove in Lorong Chuan and Chencharu in Yishun, Mr Chu stated developers may very well be cautious in bidding for the website as property cooling measures have dampened desire.

"On condition that GLS web-sites considering the fact that June 2024 are actually seeing minimal Competitiveness (with) two to a few bidders, we expect to see a muted range of bidders from developers for that Faber Walk web-site," mentioned Mr Chu.

"If that's the case, All those units may very well be popular among people with young young children who want to secure a placement in Nan Hua Most important University," he additional.

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GuocoLand’s Faber Walk task reflects broader trends in Singapore’s residence current market. The landscape is poised for Restoration following a subdued 2024, marked by cautious bidding and several other unsuccessful govt land sales.

For instance, the JLD is expected to carry Careers nearer to residences, and supply much more industrial choices to citizens. That may be in addition to latest amenities in Jurong East, which include Westgate, Jem and IMM shopping mall.

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“Given that GLS web sites since June 2024 happen to be seeing small Competitiveness (with) two to 3 bidders, we hope to find out a muted range of bidders from developers for your Faber Walk web-site,” he stated.

Ramp-up in S’pore private housing land offer paused, but extra plum plots releasedFirst non-public housing plot in Tengah launched less than GLS; Dairy Farm Walk internet site also up available

The Clementi and West Coast spots have extensive been recognised for his or her faber walk new condo singapore exclusive blend of tranquillity and accessibility, producing them primary areas for family members and investors.

Also, the URA’s dedication to sustainable city advancement will possible cause a project that isn't only aesthetically satisfying but additionally environmentally friendly.