In the bustling Clementi estate lies a serene and exclusive, private household enclave in Faber Walk, the place a new waterfront venture is ready to be launched. In a community land tender that closed on 19 November 2024, the Faber Walk authorities land sale website drew a major bid of $349.
We know how to price tag, industry, and market your home for leading dollar. And we do all of it for 50 percent the listing cost Some others normally cost.
Generously sized bedrooms, a lovely learn bathtub, big key dwelling space and an unfinished basement are perfect for Those people searching for House to grow into. This house contains astounding facilities for both get togethers and being Energetic or enjoyable. Sq ft figures presented as estimate only and obtained from county documents . Buyer advised to obtain independent measurement.
"Given that GLS web pages since June 2024 are looking at minimal Levels of competition (with) two to three bidders, we count on to discover a muted amount of bidders from builders for the Faber Walk web page," explained Mr Chu.
This cautious strategy, though it could appear conservative, basically stabilizes the marketplace and makes certain that developers can supply a lot more aggressive pricing to homebuyers.
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For people considering securing a house With this prime area, staying up to date on launch particulars is not merely crucial, it’s essential to capitalising on this chance.
Competitive Pricing Opportunity: Having a land bid significantly underneath new Clementi benchmarks, the project could provide fantastic price, rendering it an remarkable prospect compared to new launches and resale options.
From youthful professionals trying to find a easy and nicely-linked home to households seeking a tranquil environment near to faculties and amenities, the development is likely to appeal to a wide viewers.
Confirmed record web pages are launched In accordance with schedule in spite of demand from customers, though web-sites within the reserve listing are put up for tender only whenever a developer would make a proposal suitable to the Government.
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nine million interprets to a land price of S$900 for each sq. foot for each plot ratio (psf ppr). This aggressive acquisition sets the stage for any potentially fascinating and nicely-priced condo launch, presenting potential buyers a beautiful prospect inside a hugely sought-just after location.
Since the Faber Walk website is the last parcel of land in the area's non-public household enclave, considerable demand can have created up over the past decade or so, famous Mr Yip.