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Condo prices · D05

Waterfront @ Faber

Faber Walk · D05 · Outside central region · Apartment, Strata Terrace

The median sale at Waterfront @ Faber was $1,603,500 — $1,509 psf — across 54 transactions between Dec 2021 and July 2026. 99-year lease from 2013.

Median price
$1,603,500
54 sales in the window.
Median per sq ft
$1,509 psf
Median unit 1,066 sq ft.
Lease remaining
86 years
99-year lease from 2013

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
$1,554
$1,603,500 over 86 years remaining.
Per sq ft per year
$17.50
What a square foot of this development costs for one year of lease.
Lease expires
2112
13 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.

  • 2021two sales$1185
  • 2022nine sales$1423
  • 202312 sales$1501
  • 202416 sales$1528
  • 202510 sales$1548
  • 2026five sales$1554
Show the figures
YearMedian pricePer sq ftSales
2021$1,942,500$1,185 psf2
2022$1,500,000$1,423 psf9
2023$1,653,000$1,501 psf12
2024$1,392,944$1,528 psf16
2025$1,419,000$1,548 psf10
2026$1,990,000$1,554 psf5

What it rents for

URA’s median of rental contracts lodged at Waterfront @ Faber in 2026Q3, per square foot per month.

Median rent per sq ft
$4.52
A month. Middle half of contracts ran $4.41 to $4.69.
Gross yield
3.60%
A year of median rent against the median sale price.
Median sale per sq ft
$1,509 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.