Fairmount Condominium

Overview

Unit Info

Sales

Rental

Surrounding

More

Overview

Unit Info

Sales

Rental

Surrounding

More

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Sale Price *

Average
S$ 896 psf
Range
S$ 800 - 1,018 psf

Rental Price **

Average
S$ 2.8 psf pm
Range
S$ 2.0 - 3.6 psf pm

Rental Yield **

3.7%

Rental income expressed as a percentage of the property's value.

Amenities

2.9
2.9

Convenience

4.2
4.2

Connectivity

Details

No Data

*Based on URA sales data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

**Based on URA rental data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

Facilities
7 Facilities Available
Covered car park
Covered car park
Fun pool
Fun pool
Function room
Function room
Gymnasium room
Gymnasium room
Playground
Playground
24 hours security
24 hours security
Swimming pool
Swimming pool
Description
Fairmount Condominium is a leasehold (99 yrs from 1996) condominium completed in 2000. It is developed by FAIRMOUNT DEVELOPMENT PTE LTD. The development occupies a land area of 5,390 sqm and a Gross Floor Area of 7,546 sqm. It consists of 64 units. According to records, buyers of this development are Singaporean 80.0%, PR 14.8%, Foreigner 3.0%, Company 0.7%.

FAIRMOUNT CONDOMINIUM is located along Eastwood Road in Bedok, in District 16. It is accessible through the nearest MRTs including Sungei Bedok TE31, DT37 and Bedok South TE30. The nearest schools are BEDOK SOUTH SECONDARY SCHOOL and TEMASEK SECONDARY SCHOOL.

Based on transaction data in the last 12 months, sale prices range from S$ 800 psf to S$ 1,018 psf at an average of S$ 896 psf. Its highest recorded transaction was S$ 1,018 psf in Oct 2021 for a 904-sqft unit. Its lowest recorded transaction was S$ 294 psf in Dec 2005 for a 1,959-sqft unit. Its current rental yield is at 3.7%.

Other nearby amenities include: 3 Childcare Centre(s): WHARTON EASTCOAST PTE. LTD., PLANET MONTESSORI PTE. LTD., SINGAPORE CHILDCARE @ LIMAU PTE. LTD., and 1 Grocerie: COLD STORAGE SINGAPORE (1983) PTE LTD, and 1 Kindergarten: Bedok Methodist Church Kindergarten.

Buyers and tenants are attracted to District 16, which comprises of Bedok and Upper East Coast Road. Properties in this district contain a mixture of public and private housing estates with industrial areas. This district is served by the Bedok, Tanah Merah and Kembangan MRT stations on the East-West Line and the Bedok North MRT and Bedok Reservoir MRT stations of the Downtown Line. Bedok is one of the most highly populated planning areas in Singapore due to the affordable public housing in the town. It is a modern neighbourhood with easy accessibility to natural landmarks, such as the Bedok Reservoir. The Outdoor Play Corridor completed in 2018 will also link Bedok Reservoir to East Coast Park via dedicated cycling and pedestrian paths. Shopping and dining options are available at Bedok Mall, a major shopping mall in the heart of Bedok. It is connected to Bedok Integrated Transport Hub, which houses Bedok MRT station and bus interchange.

With a land area of 11,000ha, the East Region is the smallest and second most densely populated of the five regions in Singapore. The region is a key aviation hub, housing the Paya Lebar Air Base and Changi Naval Base. Major airlines such as Singapore Airlines, Scoot and Jetstar also has their head offices in the area. Other major economic activity includes manufacturing, with industrial estates in Bedok, Changi, Pasir Ris, Tampines and Paya Lebar. Changi Business Park also hosts a number of MNCs such as Standard Chartered and IBM. Going forward, the government has plans to create more semi-conductor and aviation-related jobs at Tampines North, Pasir Ris and Changi. Aside from the bustling economic activity, residents benefit from a wide variety of green and play spaces in the region. Residents will also enjoy increased connectivity to other parts of Singapore with the upcoming Cross Island Line and Thomson-East Coast Line.
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Floor Plans
No Data
Size Distribution
Note: Estimated when over 70% of the unit sizes are known, may differ from actual unit size distribution.
No Data
Unit Mix
Bedroom Type
2BR
Area
904 - 1259 sqft
No. of Units
18
Bedroom Type
3BR
Area
1173 - 1981 sqft
No. of Units
42
Bedroom Type
N.A
Area
N.A - N.A sqft
No. of Units
4

Sales Transaction of FAIRMOUNT CONDOMINIUM (Limited to 10)

Unit Search
#
There are 125 more transactions. You could see them all with unit number if you are a Pro User. Click to learn more.

Date
Area(sqft)
Price(S$ psf)
Price (S$)
Type of Sale
Address
Type of Area
Purchaser Address
Source
No Data

Developer's Selling Prices

Note: Based on developer's monthly submission to URA

Source: URA, https://www.edgeprop.sg

Developer's Sales

Note: Based on developer's monthly submission to URA

Source: URA, https://www.edgeprop.sg

Price Trends

Volume Trends

No Data
Rental Transactions of FAIRMOUNT CONDOMINIUM
There are 67 more transactions. You could see them all with unit number if you are a Pro User. Click to learn more.

Lease Start
Unit Size (Sqft)
Monthly Rent (S$)
Bedrooms
Monthly Rent (Est. S$ psf)
Street
Type
Source
No data

Rental Trends

Average Rental Yield Analysis
*Based on transactions and rents in the past 6 months.
Unit Size (sqft)
Average Monthly Rent (S$)
Rental Contracts
Average Price (S$)
Transactions
Rental Yield (%)
900 to 1000
3,050
2
-
-
-
1200 to 1300
3,200
1
-
-
-
Historical Quarterly Rental
Note: 25% of the tenant population paid below Rental 25th, 50% paid below the Median Rental and 75% paid below Rental 75th. Data are only available if there are more than 10 contracts signed in any quarter.

Graph Data

Table Data

PeriodRental 25th (S$ psf pm)Median Rental (S$ psf pm)Rental 75th (S$ psf pm)Contacts Signed
No Data
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Nearby Land Sales

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Listings

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FAQs about FAIRMOUNT CONDOMINIUM

What is the nearest MRT Station to FAIRMOUNT CONDOMINIUM ?
The nearest MRT Station from FAIRMOUNT CONDOMINIUM is Sungei Bedok TE31, DT37 MRT

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