Clementi’s growth story: The next chapter with Faber Residence
Nestled within the serene Faber Walk landed enclave and neighbouring the Faber Hills estate, Faber Residence is set against the lush backdrop of the Ulu Pandan River and the upcoming Old Jurong Line Nature Trail, part of the Clementi Nature Corridor
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Clementi is a well-established residential town, long valued for its reputable schools and everyday amenities. It is now poised for significant transformation, driven by the Draft Master Plan 2025, which will bring exciting changes to enhance its vibrancy and accessibility as a key residential hub in the west. With upcoming transport links, community upgrades and its proximity to employment centres such as Jurong Lake District, Clementi is set to grow in appeal for families, upgraders and investors alike.
Enhanced Connectivity
Transport connectivity will be a major driver of this transformation. The Jurong Region Line is scheduled for completion in 2028, with Jurong Town Hall MRT station located close to Clementi. This new line will connect residents to important destinations such as Nanyang Technological University, the Jurong Innovation District and the Jurong Industrial Estate.
Looking further ahead, Phase 2 of the Cross Island Line will introduce new stations in the West Region by 2032, including Clementi, Maju, West Coast and Jurong Lake District. Clementi MRT Station will become an interchange for both the East-West Line and the Cross Island Line, significantly enhancing accessibility and facilitating seamless travel across the island.
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Together, these upgrades will anchor Clementi as one of the best-connected towns in the west. Complementing the rail expansion, cycling paths and active mobility networks will also be strengthened, supporting the shift towards a more car-lite and sustainable community.
Clementi MRT Station will become an interchange for both the East-West Line and the Cross Island Line, significantly enhancing accessibility and facilitating seamless travel across the island (Photo: Samuel Isaac Chua/EdgeProp Singapore)
Comprehensive vision for Clementi
Healthcare amenities in the town will be enhanced through the redevelopment of the Clementi Polyclinic into a new standalone facility. Scheduled for completion by 2027, it will be located just 250 metres, or about a five-minute walk, from Clementi MRT Station, offering convenient access for residents.
Recreational facilities are also receiving a major uplift. Clementi Stadium and the former West Coast Recreation Centre will be redeveloped, with completion targeted for 2030. The new stadium will feature softball and baseball fields, a running track and a variety of community sport facilities, reinforcing Clementi’s appeal as a town with strong community and recreational amenities.
Together, these plans in the Draft Master Plan 2025 reflect a comprehensive vision for Clementi, balancing transport, healthcare, housing and recreation to support the evolving needs of its residents. The improvements will not only enhance liveability but also ensure that Clementi continues to thrive as a mature estate well-integrated with Singapore’s future growth plans.
Faber Residence is set against the lush backdrop of the Pandan River and the upcoming Old Jurong Line Nature Trail, part of the Clementi Nature Corridor (Photo: Samuel Isaac Chua/EdgeProp Singapore)
A rare waterfront launch in Faber Walk
Against this backdrop of transformation, GuocoLand’s upcoming launch of Faber Residence is poised to create a buzz. Following the success of Springleaf Residence, the 399-unit waterfront development will bring a unique proposition to Clementi’s housing market.
Nestled within the serene Faber Walk landed enclave and neighbouring the Faber Hills estate, Faber Residence is set against the lush backdrop of the Pandan River and the upcoming Old Jurong Line Nature Trail, part of the Clementi Nature Corridor.
By the time the project reaches completion, the nearby Jurong Town Hall MRT Station on the Jurong Region Line is expected to be operational. This means that while buyers are making their purchase today without a station at their doorstep, they will, in fact, be moving into a home with an operational MRT from day one, ensuring immediate access to enhanced connectivity.
Faber Residence will benefit from the upcoming Jurong Town Hall MRT Station on the Jurong Region Line, which is scheduled for completion in 2028. Importantly, it is just one stop from Jurong East MRT interchange, which links the East-West, North-South and Jurong Region Lines. This proximity ensures that residents of Faber Residence will enjoy seamless access not only to the western region but also to the rest of Singapore’s rail network.
Over the longer term, connectivity will be further boosted when the Jurong Lake District becomes a major interchange with the Cross Island Line by 2032, anchoring the western region as a dynamic hub of growth.
Waterfront living, location within a landed enclave, adjacency to the Pandan River and the Old Jurong Line Nature Trail, together with proximity to Nan Hua Primary School, offers a rare combination that appeals to both families and investors (Photo: Albert Chua/The Edge Singapore)
The development offers homebuyers a rare combination of connectivity, reputable schools, waterfront living and access to future growth centres.
The scarcity of recent new launches in the Clementi area further sharpens demand. Coupled with the ongoing transformation of the Jurong Lake District into a dynamic commercial and residential hub, demand for homes in the western region is set to intensify.
Its unique proposition of waterfront living within a landed enclave, adjacency to the Pandan River and the Old Jurong Line Nature Trail, together with proximity to Nan Hua Primary School, offers a rare combination that appeals to both families and investors. The project’s entry into the Clementi market at a time when prices are climbing due to scarcity is likely to bolster its attractiveness, allowing it to capture pent-up demand while riding on the price trends in Clementi’s new launch segment.
The Clementi market has witnessed a steady growth in new launch prices, largely driven by the scarcity of fresh supply in the area. With projects such as Clavon, which was fully sold out by 2022, and Ki Residences at Brookvale, which has been sold out since 2024, buyers have had few opportunities to access new homes in this mature and well-established estate.
This limited pipeline has created a demand-supply imbalance, where pent-up demand is channelled into the few projects available, resulting in progressively higher launch prices.
Average new home prices in Clementi rose from $2,126 psf in 2024 to $2,548 psf in the first eight months of 2025, reflecting a 19.8% increase while the highest unit price surged from $2,330 psf to $2,881 psf, reflecting a 23.6% rise within the same period.
The launch of Elta earlier this year, was one of the contributing factors that reinforced buyer confidence and pushed overall price benchmarks higher as well.
The Clementi new launch market has reached new heights in the first eight months of 2025, with unit prices not only climbing but also breaching new benchmarks. In this period alone, about 131 units in Clementi were transacted at $2,600 psf and above, underscoring the strength of demand despite higher entry prices. The bulk of transactions occurred within the $2,600 to $2,800 psf range, but what is particularly noteworthy is that 12 units were sold above the $2,800 psf mark.
This is a milestone, considering that there were no such transactions recorded in 2024 or in the previous years. While these sales still form a smaller minority compared to the wider pool of about 209 units transacted below the $2,600 psf mark, they nonetheless signal that new price points are being achieved and accepted by buyers in Clementi.
The upcoming launch of Faber Residence arrives at a timely juncture to meet this demand, well-positioned against this backdrop of rising prices and limited new stock (Artist's impression: GuocoLand)
Faber Residence set to enter Clementi market at a timely moment
The upcoming launch of Faber Residence arrives at a timely juncture to meet this demand, well-positioned against this backdrop of rising prices and limited new stock.
The Faber Walk government land sale (GLS) site was awarded in November 2024 at a land bid price of $900 psf ppr, by a joint venture comprising GuocoLand, TID Residential and Intrepid Investments. This acquisition price is notably competitive when compared to other recent Outside Central Region (OCR) land tenders, such as Chuan Grove at $1,376 psf ppr, Bayshore Road at $1,388 psf ppr and Lakeside Drive at $1,132 psf ppr.
Against this backdrop, Faber Residence is positioned to be launched at one of the more affordable entry points among new OCR projects, especially when considering that Clementi is a mature and established estate with strong fundamentals. This combination of a relatively lower land cost and Clementi’s proven market resilience gives Faber Residence a pricing advantage.
The private resale market in Clementi has also demonstrated strong price momentum in the first eight months of 2025, with several projects recording notable benchmarks. Parc Clematis led the way, achieving the highest non-landed resale unit price at $2,618 psf. The Clement Canopy, Whistler Grand, The Trilinq and The Parc Condominium followed with resale prices ranging between $2,018 psf and $2,090 psf, reflecting a healthy baseline of pricing across established projects.
This performance highlights two key dynamics. First, newly completed projects such as Parc Clematis have managed to push resale prices to new heights, supported by demand from both upgraders and investors. Second, the consistency of prices across older developments in the $2,000 psf range signals that Clementi has established a strong floor for resale values, giving buyers confidence that the estate offers resilience and steady capital appreciation potential as well.
In 2024, only five such non-landed resale units in the estate crossed the $2,000 psf threshold. By the first eight months of 2025, however, this number had grown to about 47 such transactions, showing a broadening of buyer acceptance of such price points.
This growth trajectory in both new launch and resale prices reinforces the attractiveness of Clementi as a residential destination. It also sets a supportive backdrop for upcoming launches, with resale values already anchored above $2,000 psf and select projects breaching $2,600 psf. This pricing environment provides room for new projects like Faber Residence to be positioned confidently within the next wave of growth in the estate.
Resilient landed market reinforces Clementi’s housing appeal
The strength of recent landed transactions in Clementi further underscores the depth of demand across the estate, reinforcing its appeal alongside the private condominium and HDB segments.
Notable deals in the first eight months of 2025 include a semi-detached house at Sunset way at $2,673 psf; a unit at Clementi Park at $2,506 psf; and several transactions within West Coast Gardens ranging between $2,021 and $2,631 psf — highlighting buyers’ willingness to pay premiums for exclusivity and long-term value.
This resilience in the landed market provides an important backdrop for the upcoming launch of Faber Residence. Buyers who aspire to live within these prestigious landed clusters but prefer a condominium lifestyle will find Faber Residence an attractive alternative, combining exclusivity with modern communal amenities.
Moreover, there might be potential interest from existing landed homeowners in Clementi who may be considering downsizing or right-sizing, and Faber Residence offers a natural fit for this group.
Families in estates such as Faber Hills and Clementi Park are long-term residents who value the location for its greenery, schools and convenience. As their housing needs evolve, some may prefer to move into a condominium setting that still offers proximity to the familiar neighbourhood, but with the added benefits of modern facilities, enhanced security and easier upkeep.
Families in estates such as Faber Hills and Clementi Park (pictured above) are long-term residents who value the location for its greenery, schools and convenience (Photo: Albert Chua/The Edge Singapore)
Beyond right-sizing, some landed homeowners may also view Faber Residence as an opportunity to purchase units for their children or grandchildren as part of legacy planning. Being located within the same landed enclave ensures that the next generation can continue to enjoy the exclusivity and familiarity of the area, while benefiting from the lifestyle conveniences of a new and modern development.
Faber Residence will enter the market at a strategic moment when both landed and condominium prices are reinforcing each other, strengthening Clementi’s position as one of the more desirable residential locations in the western region.
In addition, the gradual growth in the number of million-dollar HDB resale transactions in Clementi is likely to create a ready pool of potential upgraders who might be well-positioned to enter the private residential market. This is amid the 67 million-dollar flat deals recorded in the first eight months of 2025 alone, surpassing the full-year total of 2024.
As flat owners unlock capital gains from their resale units, some may look towards private residential options within the same town to stay close to familiar schools, transport links and community networks. This positions upcoming launches such as Faber Residence as a natural progression for Clementi households seeking to move up the housing ladder.
The interplay between strong HDB resale performance and the private market creates a reinforcing cycle for demand in Clementi.
Launched in mid-August, Springleaf Residence is 94% sold, underscoring not only the strength of buyer demand but also the developer’s ability to deliver projects that resonate with homebuyers (Photo: Agents)
Springleaf Residence’s success sets the stage for Faber Residence
Recent launches in the OCR segment have injected renewed confidence into the private residential market, with buyers showing resilience and willingness to commit. GuocoLand’s Springleaf Residence is a prime example.
Launched earlier this year, it achieved an encouraging sales performance, underscoring not only the strength of buyer demand but also the developer’s ability to deliver projects that resonate with homebuyers. As Faber Residence is developed by the same team, the positive sentiment from Springleaf Residence is expected to rub off, giving the project a positive head start.
Beyond the broader market momentum, Faber Residence is also well-placed to benefit from the transformation plans outlined in the Draft Master Plan 2025. Clementi Town will see major upgrades across transport, healthcare and recreation, from the Cross Island Line turning Clementi MRT into an interchange, to the redevelopment of Clementi Stadium and polyclinic. These changes will rejuvenate the estate and reinforce its liveability, making it more attractive to families and investors alike.
Charts: SRI Research, URA as of Sept 10, 2025
When coupled with the scarcity of new launches in Clementi and the estate’s track record of million-dollar HDB resale transactions, resilient private prices and healthy landed demand, Faber Residence stands to ride on multiple tailwinds. The project’s rare waterfront setting within the Faber Walk landed enclave further strengthens its positioning, ensuring it is well-supported by both upgrader households and buyers seeking exclusivity.
Investing in developments located within areas earmarked for infrastructure upgrades often brings both lifestyle and financial advantages. New transport nodes, healthcare facilities and recreational amenities not only enhance daily convenience but also strengthen long-term desirability, supporting both capital appreciation and rental demand. For Faber Residence, being situated near Jurong Town Hall MRT Station and at the heart of Clementi’s transformation ensures that buyers can capture the upside of these growth drivers. In addition, residents will benefit from well-established bus connections that provide direct and convenient access to Clementi Central and even to the city, further enhancing everyday connectivity.
Mohan Sandrasegeran is the head of research and data analytics at Singapore Realtors Inc (SRI)
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