Senja Close EC™

Senja Close EC, conveniently located near Bukit Panjang MRT Station, is nestled in a well-established neighbourhood. This prime location offers residents a plethora of shopping and dining choices, with popular malls such as Lot One and Bukit Panjang Plaza just minutes away. Adjacent to other ECs like Sol Acres EC and Lot One, Blossoms Condo is also in close proximity to the highly sought-after senja close area.

GuocoLand to launch first residential development near Tanjong Pagar in 11 yearsThe Faber Walk residential estate is a well-known and highly sought-after residential enclave, with a mix of landed homes and a strong catchment of HDB upgraders in Clementi. This makes it the perfect location for GuocoLand’s latest development, Faber Residence. Set to be previewed on October 3, this low-rise residential development will boast 399 units and prices starting from $1,995 psf.Developed by a joint venture between GuocoLand, Hong Leong Holdings, and TID, Faber Residence sits on a sprawling 277,663 sq ft site in District 5. The project will consist of nine 5-storey residential blocks that will house a mix of two- to five-bedroom units.Prices for these units will start from:$1.29 million ($1,997 psf) for a 646 sq ft two-bedroom$1.59 million ($1,995 psf) for a 797 sq ft three-bedroom$2.39 million ($2,136 psf) for a 1,119 sq ft four-bedroom$3.19 million ($2,148 psf) for a 1,485 sq ft five-bedroomRead also: Is it a Good Deal?: $830,000 for a five-room flat in Clementi AdvertisementAdvertisementThe development will offer a total of 199 three-bedroom units ranging from 797 to 1,033 sq ft, making up half of the total units. Additionally, there will be 80 (20%) two-bedroom units measuring 646 sq ft, 100 (25%) four-bedroom units ranging from 1,119 sq ft to 1,270 sq ft, as well as 20 (5%) five-bedders measuring 1,485 sq ft.The joint venture led by GuocoLand won the site in a government land tender with a winning bid of $349.858 million ($900 psf per plot ratio) back in November of last year.Cheng Hsing Yao, the group CEO of Guocoland, shared during a media briefing on Sept 30 that the developer was drawn to the site for its prime riverfront location next to the Sungei Ulu Pandan river and the nearby low-rise landed estate on Faber Walk. According to him, “Faber Residence is situated in a rare riverfront and landed enclave in Clementi, close to well-established educational institutions and job centers, making it an attractive choice for homeowners and investors.”Some units in the development will boast stunning riverfront views, while others will enjoy expansive landscaped views of the courtyards between the blocks. The spaces between the blocks have been generously spaced, with a distance of at least 20m apart, exceeding the building’s height of 19m. The result is a design that is sensitive to its surroundings, while still integrating the lush green environment that it is situated in.”GuocoLand’s design for Faber Residence is mindful of the neighboring landed estate, while still incorporating the surrounding lush environment,” says Mohan Sandrasegeran, head of research and data analytics at SRI. He further notes that previous new projects in Clementi have been high-density developments, such as the 716-unit Whistler Grand on West Coast Vale. This could potentially draw a strong interest from buyers who are looking for a lower density, landed-inspired development in Faber Residence.The project is also ideally located for families, sitting within a 1km radius of Nan Hua Primary School. Other nearby schools and educational institutions include Pei Tong Primary School, Clementi Town Secondary School, Singapore Polytechnic, Ngee Ann Polytechnic, and the National University of Singapore (NUS). As for job hubs, residents will have access to the International Business Park at Jurong Town Hall Road, the one-north precinct, and the upcoming Jurong Lake District (JLD).Read also: Clementi’s growth story: The next chapter with Faber ResidenceAdvertisementFaber Residence will also be just a 10-minute walk from the future Jurong Town Hall MRT Station on the Jurong Region Line, which is expected to be operational by 2028. The development itself is currently slated for completion in 2029. Additionally, the project is just four bus stops away from the Clementi MRT Station on the East-West Line, which will become an interchange when the future Cross Island Line (CRL) is completed in 2030.Residents of Faber Residence will also enjoy direct access to the Ulu Pandan Park Connector, which runs alongside the Sungei Ulu Pandan and within the Clementi Nature Corridor. They will also have easy access to the Rail Corridor, as well as the upcoming Clementi Nature Trail and Old Jurong Line Nature Trail.”The Faber Walk residential estate is characterized by a mix of landed homes and a strong catchment of HDB upgraders in Clementi and other HDB towns in the West,” says Lee Sze Teck, senior director of data analytics at Huttons Asia. Close to Faber Residence is the 1,468-unit Parc Clematis at Jalan Lempeng. This 99-year leasehold project, which launched in August of last year, boasted an average price of $2,120 psf and is slated for completion in 2023. Based on a compilation of caveats by EdgeProp Singapore, the average price at Parc Clematis is around $2,120 psf.Eugene Lim, key executive officer at ERA Singapore, says that the size and layout of units at Faber Residence will be appealing to owner-occupiers, such as couples and families with young children who may have parents living in the nearby landed estate. He also expects positive sentiment in the new launch market to continue over the next two months as buyers turn out in force before the year ends. “Each of the upcoming new projects are in different areas and appeal to different types of buyers,” he explains.Read also: GuocoLand earnings hit by China, but Singapore growth drives higher dividend payoutAdvertisementIn conclusion, Faber Residence will be situated in the well-known and highly sought-after Faber Walk residential enclave, offering a mix of landed homes and a strong catchment of HDB upgraders in Clementi. With its prime location, well-designed units, and accessibility to top schools and job centers, it is set to be a highly attractive development for both homeowners and investors alike.