Since the Faber Walk site is the final parcel of land in the area's non-public residential enclave, considerable demand could have developed up over the past decade or so, pointed out Mr Yip.
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Investors may also be likely to find the Faber Walk new condo a beautiful proposition. The combination of a prime locale, proximity to crucial amenities, and strong connectivity would make this development a probably rewarding investment decision.
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As an illustration, the JLD is anticipated to convey Employment closer to residences, and supply much faber walk residences more industrial offerings to inhabitants. That will be in addition to present-day amenities in Jurong East, such as Westgate, Jem and IMM shopping mall.
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Stating which the web-site's spot is probably not as beautiful as that of other websites for instance Bayshore in Bedok, Chuan Grove in Lorong Chuan and Chencharu in Yishun, Mr Chu discussed that developers could possibly be cautious in bidding for the internet site as residence cooling actions have dampened demand from customers.
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With a single facet of the site facing the waterway, some models for the forthcoming task will likely love waterfront views. In the meantime, units facing the landed housing area in Faber Hills could also get unblocked views of your neighbourhood.
For prospective homebuyers, the Faber Walk advancement is not just Yet another option. Its aggressive land bid along with the developer’s careful optimism set it aside, likely bringing about a launch priced to draw in family members and traders. Here’s what makes it jump out: