FAIRMOUNT CONDOMINIUM

Condo Profile 6 min read Last reviewed
For: First-time buyersInvestorsHDB upgraders
Source: URA REALIS
TL;DR
FAIRMOUNT CONDOMINIUM is a 99 yrs lease commencing from 1996 condominium in D16 (Outside Central Region), developed by FAIRMOUNT DEVELOPMENT PTE LTD (HONG LEONG HOLDINGS), completed in 2000. Average price: $1,464,231. Gross yield: 3.1%.

We track 12 sales and 37 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the FAIRMOUNT CONDOMINIUM dashboard.

Data as of July 2026
Key Takeaways
  • Average sale price: $1,464,231 across 12 transactions
  • Estimated gross rental yield: 3.1%
  • District 16 PSF ranking: Value tier (top 91%)
  • 99 yrs lease commencing from 1996 · OCR · D16 · 64 units

About FAIRMOUNT CONDOMINIUM

FAIRMOUNT CONDOMINIUM is a 99 yrs lease commencing from 1996 condominium, located at EASTWOOD ROAD in District 16 (Bedok, Upper East Coast, Eastwood, Kew Drive) (Outside Central Region), developed by FAIRMOUNT DEVELOPMENT PTE LTD (HONG LEONG HOLDINGS), comprising 64 residential units, completed in 2000.

With approximately 69 years remaining on its 99-year lease, the property qualifies for full bank financing and CPF usage.

D16
District
OCR
Outside Central Region
64
Total Units
2000
TOP Year
69 yrs
Lease Left
3.1%
Gross Yield

Unit Mix Distribution

Transaction data breakdown by bedroom type at FAIRMOUNT CONDOMINIUM:

Unit mix for FAIRMOUNT CONDOMINIUM
TypeSalesAvg PSFAvg Price
2 BR2$1,106 psf$1,000,000
3 BR4$1,149 psf$1,410,000
4 BR1$776 psf$1,470,000
5+ BR5$862 psf$1,692,155
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Sales Market Overview

$1,464,231
Avg Price
$920,000
Lowest Sale
$1,850,000
Highest Sale
12
Total Sales

FAIRMOUNT CONDOMINIUM has recorded 12 sale transactions with an average transaction price of $1,464,231, ranging from $920,000 to $1,850,000.

Price & PSF trend for FAIRMOUNT CONDOMINIUM
YearSalesAvg PSFAvg PriceYoY
20212$897 psf$1,195,000
20224$843 psf$1,652,694↓ 5.9%
20232$1,059 psf$1,300,000↑ 25.6%
20241$1,190 psf$1,460,000↑ 12.3%
20252$1,064 psf$1,465,000↓ 10.6%
20261$1,288 psf$1,580,000↑ 21.0%

FAIRMOUNT CONDOMINIUM ranks in the top 91% of condos in District 16 by average PSF.

Compared to the OCR average of $1,550 psf, FAIRMOUNT CONDOMINIUM trades 36.1% below the segment benchmark.

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Rental Market Overview

$3,734/mo
Avg Rent
$1,480/mo
Lowest
$5,500/mo
Highest
37
Total Leases

FAIRMOUNT CONDOMINIUM has recorded 37 rental transactions with monthly rents averaging $3,734/mo.

Rental rates by bedroom for FAIRMOUNT CONDOMINIUM
TypeLeasesAvg RentMinMax
2 BR18$3,203/mo$2,300/mo$3,600/mo
3 BR19$4,238/mo$1,480/mo$5,500/mo
Rental trend for FAIRMOUNT CONDOMINIUM
YearLeasesAvg Rent
20214$2,663/mo
202210$3,650/mo
20235$3,576/mo
202410$4,099/mo
20256$3,925/mo
20262$4,300/mo

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🧮Estimate Rental Yield for FAIRMOUNT CONDOMINIUM

Investment Analysis

Based on average rents and sale prices, FAIRMOUNT CONDOMINIUM delivers an estimated gross rental yield of 3.1%. This is above the Singapore-wide benchmark of approximately 3%.

Investment Verdict: Moderate Yield
FAIRMOUNT CONDOMINIUM offers a gross rental yield of 3.1% in District 16.

Competing Condos in District 16

Side-by-side comparison against the most actively traded condos in District 16 (Bedok, Upper East Coast, Eastwood, Kew Drive):

District 16 condo comparison
CondoTenureUnitsAvg PSFSales
PINERY RESIDENCES99 years leasehold$2,551 psf549
VELA BAY99 years leasehold$2,869 psf371
SCENECA RESIDENCE99 yrs lease commencing from 2021268$2,084 psf269
THE BAYSHORE99-year leasehold1038$1,234 psf247
THE GLADES99 yrs lease commencing from 2013726$1,613 psf226

Location Map

Map shows FAIRMOUNT CONDOMINIUM (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.

  • FAIRMOUNT CONDOMINIUM
  • Sungei Bedok MRT
  • Bedok South MRT
  • Tanah Merah MRT
  • Bedok View Secondary School
  • Fengshan Primary School
  • Bedok Green Primary School

Nearby MRT Stations

FAIRMOUNT CONDOMINIUM is 480m from Sungei Bedok MRT (Thomson-East Coast Line), with 3 stations within 1.5 km.

MRT stations near FAIRMOUNT CONDOMINIUM
StationCodeLineDistance
Sungei BedokTE31Thomson-East Coast Line480m
Bedok SouthTE30Thomson-East Coast Line1.1 km
Tanah MerahEW4East-West Line1.3 km

Nearby Schools

There are 10 schools within 2 km of FAIRMOUNT CONDOMINIUM, including 1 within the 1 km priority zone.

Schools near FAIRMOUNT CONDOMINIUM
SchoolTypeDistance
Bedok View Secondary SchoolSecondary780m
Fengshan Primary SchoolPrimary1.1 km
Bedok Green Primary SchoolPrimary1.1 km
Ping Yi Secondary SchoolSecondary1.1 km
Yu Neng Primary SchoolPrimary1.1 km
Bedok South Secondary SchoolSecondary1.2 km
Overseas Family SchoolInternational1.3 km
Park View Primary SchoolPrimary1.6 km
Bedok North Secondary SchoolSecondary1.7 km
Opera Estate Primary SchoolPrimary1.9 km

FAQ

What is the average price for FAIRMOUNT CONDOMINIUM?
The average transaction price is $1,464,231 across 12 sales.
What is the rental yield for FAIRMOUNT CONDOMINIUM?
The estimated gross yield is 3.1%.
Is FAIRMOUNT CONDOMINIUM freehold or leasehold?
FAIRMOUNT CONDOMINIUM has a 99 yrs lease commencing from 1996 tenure with approximately 69 years remaining.

Methodology & Sources

This analysis covers All available years and refreshes as new data becomes available.

Transaction data sourced from URA REALIS.

  • Sales data: 12 transactions analysed
  • Rental data: 37 lease records analysed
  • Gross yield = (avg monthly rent × 12) / avg sale price

Median values used to minimise outlier impact. PSF = price per square foot.

View Live Data for FAIRMOUNT CONDOMINIUM

Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.

Open FAIRMOUNT CONDOMINIUM Dashboard →

New Sale vs Resale Mix

Of the 1,670 condo transactions recorded in District 16 over the last 12 months, 56% new sale, 43% resale, 1% sub sale. A resale-heavy mix points to an established market trading on fundamentals; a new-sale-heavy mix means developer launches are setting the price benchmarks.

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Price Index Check

The ShiokNest Price Index for District 16 reads 130.8 as of June 2026 — up 7.1% year-on-year. The index tracks repeat-sales price movement, so it is less distorted by shifts in what happens to be transacting than a raw average PSF.

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Upcoming Supply Pipeline

1 active Government Land Sales site in District 16 could add roughly 520 new units to local supply. Incoming supply of this scale tends to cap short-term price growth in the immediate area but also signals planning confidence in the location.

Active GLS sites, District 16
SiteStreetEst. unitsListStatus
Bayshore Road~520ConfirmedAwarded

HDB Alternatives Nearby

Weighing FAIRMOUNT CONDOMINIUM against staying public? These HDB towns sit within walking or short-drive distance:

  • Bedok — 4-room average $659,895 (970m away), an upgrader gap of about $800,000
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