Faber Residence Review — Pasir Panjang / Clementi · D05
HuatScore: 43/100 — Conditional Buy
Is Faber Residence a good buy?
HuatScore rates Faber Residence 43/100 — a "Conditional Buy" verdict. That makes it a speculative play for value-focused buyers comfortable with the location tradeoff and investors chasing a workable ~3.8% yield. Strongest card: Rental demand supports ~3.8% gross. Main watch-out: Plan a patient exit. Negotiate hard — pricing leaves little margin of safety.
Last updated 2026-08-20 · scored against URA caveat data.
Key facts
- Verdict: Conditional Buy
- Region: Outside Central Region
- Tenure: 99-yr leasehold
- Expected TOP: 2029
- Units: 399
- Developer: GuocoLand, Hong Leong Holdings & TID
- Avg PSF: ~$2,161 psf
- Price from: S$1.39M
What works in its favour
- Rental demand supports ~3.8% gross: Rental scores 8/10 — tenants are findable in this pocket, so an investor is not underwriting long vacancy between leases.
- Inside the school-belt draw: Schools score 8/10 — sought-after primaries sit within the 1–2km band, the single most reliable source of durable family demand in Singapore.
What to watch out for
- Plan a patient exit: Exit scores 2/10 across 399 units — a thinner resale pool means fewer comparables and a longer runway to sell. Budget five to eight years minimum.
- Location asks for a compromise: Location scores 3/10 — expect bus-dependent trips for at least part of the week. The discount is real, but so is the ceiling it puts on re-rating.
- Growth is incremental, not catalytic: Growth scores 4/10 — the thesis here is stability rather than transformation, so expect the area to track the market rather than lead it.
Who Faber Residence suits
- Value-focused buyers comfortable with the location tradeoff
- Yield investors — ~3.8% gross is workable; favour larger unit types
- Buyers who value a stable, established neighbourhood over speculative upside
Who should look elsewhere
- Buyers who need a margin of safety — pricing is full and leaves little room for error
- Short-term flippers — stamp duty + agent fees demand a 5-year minimum hold
- Buyers wanting a guaranteed top-tier primary within 1km walking distance
Huat Kueh says
Tenants queue for Pasir Panjang / Clementi — vacancy not really a worry. At ~$2,161 psf, price is full — must negotiate.