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Condo prices · D05

Faber Crest

Faber Heights · D05 · Outside central region · Condominium

The median sale at Faber Crest was $1,568,888 — $1,183 psf — across 37 transactions between Jan 2022 and March 2026. 99-year lease from 1996.

Median price
$1,568,888
37 sales in the window.
Median per sq ft
$1,183 psf
Median unit 1,259 sq ft.
Lease remaining
69 years
99-year lease from 1996

What it costs per month of lease

A lease is a wasting asset. Spread the median price across the months of lease that are left and the figure is comparable between a dear flat with a long lease and a cheap one with a short one — which is the comparison a price alone cannot make.

Price per month of lease
$1,895
$1,568,888 over 69 years remaining.
Per sq ft per year
$18.05
What a square foot of this development costs for one year of lease.
Lease expires
2095
30 per cent of the lease already run.

This is the purchase price divided by the lease, and nothing else. It excludes stamp duty, the interest on a mortgage, maintenance and property tax. The calculator adds those.

Year by year

Too few sales in one or both ends of the window to quote a change, so the years are given as they are.

  • 202210 sales$1049
  • 2023six sales$1133
  • 202414 sales$1244
  • 2025four sales$1256
  • 2026three sales$1290
Show the figures
YearMedian pricePer sq ftSales
2022$1,344,000$1,049 psf10
2023$1,473,444$1,133 psf6
2024$1,580,000$1,244 psf14
2025$1,556,500$1,256 psf4
2026$1,860,000$1,290 psf3

What it rents for

URA’s median of rental contracts lodged at Faber Crest in 2025Q3, per square foot per month.

Median rent per sq ft
$3.60
A month. Middle half of contracts ran $3.32 to $3.75.
Gross yield
3.65%
A year of median rent against the median sale price.
Median sale per sq ft
$1,183 psf
The figure the rent is divided into.

Gross, and the word is doing work. It is before property tax, maintenance and sinking fund, agent commission on each new tenancy, the months between tenants, income tax on the rent, and the mortgage. A net figure would need assumptions about a particular buyer that this site does not get to make.

Other developments in D05

Transactions from the Urban Redevelopment Authority, covering Oct 2021 to Oct 2026. URA publishes a rolling five-year window; months before it are held in this site’s own archive. A caveat is lodged after a sale is agreed, so the most recent weeks are always incomplete.