The Pearl @ Mount Faber

The Pearl @ Mount Faber is a leasehold (99 yrs from 2002) condominium completed in 2005. It is developed by SIM LIAN (MOUNT FABER) PTE LTD. The development occupies a land area of 10,554 sqm and a Gross Floor Area of 22,162 sqm. It consists of 192 units. According to records, buyers of this development are Singaporean 73.6%, PR 17.5%, Foreigner 8.4%, Company 0.5%.

THE PEARL @ MOUNT FABER is located along Mount Faber Road in Bukit Merah, in District 4. It is accessible through the nearest MRTs including HarbourFront CC29, NE1 and Telok Blangah CC28.

Based on transaction data in the last 12 months, sale prices range from S$ 1,419 psf to S$ 1,570 psf at an average of S$ 1,510 psf. Its highest recorded transaction was S$ 1,570 psf in Apr 2024 for a 1,389-sqft unit. Its lowest recorded transaction was S$ 312 psf in Jul 2003 for a 3,100-sqft unit. Its current rental yield is at 3.4%. Other nearby amenities include: 2 Grocerie(s): NG CHAI SENG, COLD STORAGE SINGAPORE (1983) PTE LTD, and 2 Shopping Mall(s): VivoCity, HarbourFront Centre.

Buyers and tenants are attracted to District 4, which covers Harbourfront, Telok Blangah and Mount Faber. District 4 is better known for its tourist attractions, marked by the Sentosa Island. District 4 is also favoured by home-buyers due to its central location and accessibility to recreational offerings such as Vivocity, the largest shopping mall in Singapore. Harbourfront serves as a connecting point between the main island of Singapore and Sentosa Island. Sentosa Island is a renowned tourist attraction and a popular leisure destination, featuring Resort World Sentosa and popular beaches. Part of the island has been converted into a residential enclave comprised of premium houses ranging from landed to high-rise housing developments. In contrary to the restrictions for landed houses in Singapore, the bungalows found at Sentosa Cove are open to purchase by foreigners. Another key attraction of District 4 is the Henderson Waves Bridge, the highest pedestrian bridge in Singapore. It forms part of the Southern Ridges Walk, a popular hiking trail starting from Kent Ridge Park.

As a major financial and business hub, the Central Region stands as the dynamic city centre of Singapore. Spanning 13,150ha in land area, the region hosts Singapore's only UNESCO World Heritage Site and is home to many of the country's national monuments, such as the Merlion Park and Statue of Raffles. Although the region is designated mainly for commercial activities, it houses residential developments ranging from HDBs to bungalows. There is also plenty of greenery in the region, linked by 19km of park connectors. According to the Master Plan 2019, Orchard and Downtown will be rejuvenated as a lifestyle hub to include more mixed developments which offer live, work and play opportunities. New housing will be constructed in the Marina South Area with community facilities and amenities. Stage-6 of the Circle Line opening by 2025 will also enhance the Central Region's connectivity.