Overview & Key Facts
FABER CREST is a 99 yrs lease commencing from 1996 condominium at FABER HEIGHTS in District 5 (OCR), developed by CITY DEVELOPMENTS LTD, comprising 360 units, completed in 2002.
Location & Connectivity
FABER CREST is approximately 1310m from Clementi MRT station.
| Station | Line | Distance |
|---|---|---|
| Clementi | East-West Line | 1.3 km |
Schools & Education
7 schools within 2 km (4 within 1 km priority zone).
| School | Type | Distance |
|---|---|---|
| One World International School (Nanyang) | International | 220m |
| Nan Hua High School | Secondary | 360m |
| Nan Hua Primary School | Primary | 500m |
| Qifa Primary School | Primary | 960m |
| Clementi Town Secondary School | Secondary | 1.2 km |
| Clementi Primary School | Primary | 1.3 km |
| Pei Tong Primary School | Primary | 1.5 km |
Unit Mix & Pricing
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 3 BR | 32 | $1,118 psf | $1,329,397 |
| 4 BR | 18 | $1,127 psf | $1,809,154 |
| 5+ BR | 1 | $950 psf | $1,850,000 |
Market Position
FABER CREST has recorded 51 sales at an average price of $1,508,931.
Rental Yield by Bedroom Type
Blended yield hides the spread between unit sizes — smaller units at FABER CREST typically rent harder per dollar of purchase price:
| Type | Avg Rent | Avg Price | Gross Yield |
|---|---|---|---|
| 3 BR | $4,312/mo | $1,329,397 | 3.89% |
| 4 BR | $5,138/mo | $1,809,154 | 3.41% |
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Price Appreciation
| Year | Sales | Avg PSF | YoY |
|---|---|---|---|
| 2021 | 14 | $974 psf | — |
| 2022 | 10 | $1,049 psf | ↑ 7.7% |
| 2023 | 6 | $1,139 psf | ↑ 8.7% |
| 2024 | 14 | $1,231 psf | ↑ 8.0% |
| 2025 | 4 | $1,236 psf | ↑ 0.4% |
| 2026 | 3 | $1,290 psf | ↑ 4.3% |
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FABER CREST prices sit at a fresh series high after a 4.3% gain on the prior period, now 32.4% above the 2021 starting level.
Price Index Check
The ShiokNest Price Index for District 5 reads 136.5 as of June 2026 — down 4.3% 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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Neighbourhood Comparison
| Condo | Tenure | Avg PSF | Sales |
|---|---|---|---|
| LANDED HOUSING DEVELOPMENT | Freehold | $1,856 psf | 6215 |
| NORMANTON PARK | 99 yrs lease commencing from 2019 | $1,868 psf | 1431 |
| PARC CLEMATIS | 99 yrs lease commencing from 2019 | $1,896 psf | 1426 |
| ELTA | 99 yrs lease commencing from 2024 | $2,558 psf | 412 |
| FABER RESIDENCE | 99 yrs lease commencing from 2025 | $2,159 psf | 383 |
Lease Analysis
With 69 years remaining on its 99-year lease, FABER CREST still qualifies for full bank financing and CPF usage.
What Could Work Against You
- About 69 years remain on the lease. Decay is not yet a financing problem, but buyers holding beyond 10-15 years should model the value drag as the 60-year threshold approaches.
- Only 6 transactions were recorded in the past 12 months, so the price figures here rest on a thin sample — a single outlier deal can move the averages.
Best suited for
Who This Actually Suits
This is a strong match for car-owning households, international school families, yield-focused investors and cpf-only buyers. Parking and arterial road access matter more here than walking-distance MRT.
long-term hold (10+ yr) should probably look elsewhere. Tenure and location resilience suit long-horizon ownership.
One caution flagged here: avoid if mrt-dependent — MRT access is meaningfully constrained — transit-dependent buyers should consider better-connected alternatives.
Verdict
FABER CREST is a 99 yrs lease commencing from 1996 development in District 5 (OCR), with 360 units, offering a gross yield of 3.4%.
At ~$1,259 psf, it represents a competitive entry point in the OCR segment.
Explore the full FABER CREST dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing FABER CREST against staying public? These HDB towns sit within walking or short-drive distance:
- Clementi — 4-room average $838,557 (450m away), an upgrader gap of about $650,000
- Jurong East — 4-room average $564,824 (860m away), an upgrader gap of about $950,000
- Central Area — 4-room average $1,088,814 (2 km away), an upgrader gap of about $400,000
FAQ
What is the average PSF for FABER CREST?
Is FABER CREST freehold?
What is the rental yield for FABER CREST?
Which MRT is nearest to FABER CREST?
Sources & Next Steps
- FABER CREST Dashboard — Live charts and analytics
- URA REALIS — Official transaction data
- District 5 (Pasir Panjang, Hong Leong Garden, Clementi New Town) — District 5 neighbourhood guide
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Sales data: 51 transactions
- Rental data: 176 leases
- Source: URA REALIS
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: Mar 2026 · 51 records analysed · Source: URA private-sale caveats