Fairmount Condominium

Overview

Unit Info

Sales

Rental

Surrounding

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Overview

Unit Info

Sales

Rental

Surrounding

More

  3
 2
 0

Sale Price *

Average
S$ 1,060 psf
Range
S$ 978 - 1,141 psf

Rental Price **

Average
S$ 3.5 psf pm
Range
S$ 3.3 - 3.6 psf pm

Rental Yield **

4.0%

Rental income expressed as a percentage of the property's value.

Amenities

2.8
2.8

Convenience

4.2
4.2

Connectivity

Details

No data

*Based on URA sales data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

**Based on URA rental data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

Facilities
0 Facilities Available
Description
Fairmount Condominium is a leasehold (99 yrs from 1996) condominium completed in 2000. It is developed by FAIRMOUNT DEVELOPMENT PTE LTD. The development occupies a land area of 5,390 sqm and a Gross Floor Area of 7,546 sqm. It consists of 64 units. According to records, buyers of this development are Singaporean 80.6%, PR 14.4%, Foreigner 2.9%, Company 0.7%.

FAIRMOUNT CONDOMINIUM is located along Eastwood Road in Bedok, in District 16. It is accessible through the nearest MRTs including Sungei Bedok TE31, DT37 and Bedok South TE30.

Based on transaction data in the last 12 months, sale prices range from S$ 978 psf to S$ 1,141 psf at an average of S$ 1,060 psf. Its highest recorded transaction was S$ 1,141 psf in Mar 2023 for a 1,227-sqft unit. Its lowest recorded transaction was S$ 294 psf in Dec 2005 for a 1,959-sqft unit. Its current rental yield is at 4.0%. Other nearby amenities include: 1 Grocerie: COLD STORAGE SINGAPORE (1983) PTE LTD.

Buyers and tenants are attracted to District 16, which comprises of Bedok and Upper East Coast Road. Properties in this district contain a mixture of public and private housing estates with industrial areas. This district is served by the Bedok, Tanah Merah and Kembangan MRT stations on the East-West Line and the Bedok North MRT and Bedok Reservoir MRT stations of the Downtown Line. Bedok is one of the most highly populated planning areas in Singapore due to the affordable public housing in the town. It is a modern neighbourhood with easy accessibility to natural landmarks, such as the Bedok Reservoir. The Outdoor Play Corridor completed in 2018 will also link Bedok Reservoir to East Coast Park via dedicated cycling and pedestrian paths. Shopping and dining options are available at Bedok Mall, a major shopping mall in the heart of Bedok. It is connected to Bedok Integrated Transport Hub, which houses Bedok MRT station and bus interchange.

With a land area of 11,000ha, the East Region is the smallest and second most densely populated of the five regions in Singapore. The region is a key aviation hub, housing the Paya Lebar Air Base and Changi Naval Base. Major airlines such as Singapore Airlines, Scoot and Jetstar also has their head offices in the area. Other major economic activity includes manufacturing, with industrial estates in Bedok, Changi, Pasir Ris, Tampines and Paya Lebar. Changi Business Park also hosts a number of MNCs such as Standard Chartered and IBM. Going forward, the government has plans to create more semi-conductor and aviation-related jobs at Tampines North, Pasir Ris and Changi. Aside from the bustling economic activity, residents benefit from a wide variety of green and play spaces in the region. Residents will also enjoy increased connectivity to other parts of Singapore with the upcoming Cross Island Line and Thomson-East Coast Line.
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What they say
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5
"Very nice play 10/10 would love to stay at one of the first floor houses."
A******** S***
Google Review     |   17 Mar 2021
5
"Very Cosy, Nice Place"
K**** T***
Google Review     |   02 Mar 2021
5
"good"
A*****
Google Review     |   15 Jan 2021
2
"Rather worn down development"
C******** A**
Google Review     |   22 Sep 2018
3
"Nice"
P*** K
Google Review     |   05 Feb 2018
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Nearby Amenities
Source: URA,  www.edgeprop.sg
All Nearby Amenities

Within 500m

TransportTransport
SchoolSchool
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OthersOthers
Floor Plans
No data
Size Distribution
Note: Estimated when over 70% of the unit sizes are known, may differ from actual unit size distribution.
Unit Mix

Sales Transaction of FAIRMOUNT CONDOMINIUM (Limited to 10)

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Source

Asking Price of FAIRMOUNT CONDOMINIUM

Source: URA, https://www.edgeprop.sg

Listed On
Days in Market
Property Type
Bedrooms
Floor Area
Price (S$)
PSF (S$)
Agent NameAgent Mobile
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0 asking price for sale selected

Developer's Selling Prices

Note: Based on developer's monthly submission to URA

Source: URA, https://www.edgeprop.sg

Developer's Sales

Note: Based on developer's monthly submission to URA

Source: URA, https://www.edgeprop.sg

Price Trends

Volume Trends

No data
Rental Transactions of FAIRMOUNT CONDOMINIUM

Lease Start
Unit Size (Sqft)
Monthly Rent (S$)
Bedrooms
Monthly Rent (Est. S$ psf)
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Type
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Rental Trends

Average Rental Yield Analysis
*Based on transactions and rents in the past 6 months.
Unit Size (sqft)
Average Monthly Rent (S$)
Rental Contracts
Average Price (S$)
Transactions
Rental Yield (%)
Historical Quarterly Rental

Price Comparison with Nearby Properties (UP to 10)

(Within 1000 meters)

Note: *Based on URA Sales data in the last 12 months. **Based on URA Rental data in the last 12 months.

Marker
Project Name
Tenure
Completion Date
Distance (m)
Min Price* (S$ psf)
AVG Price* (S$ psf)
Max Price* (S$ psf)
Min Rental** (S$ psf pm)
AVG Rental** (S$ psf pm)
Max Rental** (S$ psf pm)
Rental Yield** (%)

Nearby Land Sales

StatusStreet NameLocationLand AttributesEstimated Breakeven
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