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The challenge at the Faber Walk website (in orange) includes a maximum gross ground place of in excess of 3.6 ha and may go up to 5 storeys.Photograph: URA
Stating that the web site’s location might not be as eye-catching as that of other sites like Bayshore in Bedok, Chuan Grove in Lorong Chuan and Chencharu in Yishun, Mr Chu explained builders may be careful in bidding for the location as assets cooling measures have dampened desire.
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These assignments attained in the vicinity of-provide-out status shortly soon after their debut, a clear sign of the industry’s potential. This uptick in customer enthusiasm suggests escalating self confidence in private housing for a steady investment decision, even amidst broader economic uncertainties.
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As an example, the JLD is predicted to convey Positions nearer to houses, and provide additional professional offerings to citizens. faber walk residences That may be on top of recent features in Jurong East, such as Westgate, Jem and IMM mall.
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As the Faber Walk web-site is the last parcel of land in the region's private household enclave, substantial need can have crafted up in the last ten years or so, noted Mr Yip.