Fairmount Condominium
Fairmount Condominium is a 99-year lease (69 yrs left) condominium development in District 16 (Bedok / Upper East Coast / Siglap). It has 11 recorded private transactions. Latest sale: $1,580,000 (Mar 2026, 114 sqm, floors 01-05). Median $978/sqft. Prices up 27.3% over the period. 69 years lease remaining.
Where Fairmount Condominium ranks in District 16
All 61 projects ›Median psf over time
Estimate a unit at Fairmount Condominium
Based on URA transactions for this development. Pick a floor band and unit size.
Projection blends market growth with Bala's Table lease decay. Past growth does not guarantee future performance. Not financial advice.
Lease decay
99-year leasehold. Under Bala's Table (SLA's leasehold relativity model), value decays faster as the lease shortens — currently about 0.36% a year.
Recent transactions
| Date | Floor | Type | Area | Price | psf |
|---|---|---|---|---|---|
| Mar 2026 | 01-05 | Resale | 114 sqm | $1,580,000 | $1,288 |
| May 2025 | 01-05 | Resale | 184 sqm | $1,850,000 | $934 |
| Feb 2025 | 01-05 | Resale | 84 sqm | $1,080,000 | $1,194 |
| Aug 2024 | 01-05 | Resale | 114 sqm | $1,460,000 | $1,190 |
| Mar 2023 | 01-05 | Resale | 114 sqm | $1,200,000 | $978 |
| Mar 2023 | 01-05 | Resale | 114 sqm | $1,400,000 | $1,141 |
| Oct 2022 | 01-05 | Resale | 182 sqm | $1,620,000 | $827 |
| Aug 2022 | 01-05 | Resale | 182 sqm | $1,718,888 | $877 |
| May 2022 | 01-05 | Resale | 180 sqm | $1,550,000 | $800 |
| Jan 2022 | 01-05 | Resale | 184 sqm | $1,721,888 | $869 |
| Oct 2021 | 01-05 | Resale | 84 sqm | $920,000 | $1,018 |
No primary school is within 1 km of Fairmount Condominium, but 1sits in the 1–2 km second-priority band.
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Straight-line distances, the basis MOE uses for Home–School Distance priority. Tap a school to open it. Map © OneMap, SLA.
Private condos and apartments closest to Fairmount Condominium, with their median resale psf. Useful for comparing what Fairmount Condominium costs per square foot against nearby developments.
About Fairmount Condominium
Fairmount Condominium in District 16 (Bedok / Upper East Coast / Siglap) is a 99-year leasehold condominium development with roughly 69 years of lease left, which makes remaining lease a meaningful price driver here. Its $978 psf median sits about 31% below the District 16 median, cheaper than about 93% of projects there. It has a relatively light transaction record, with 11 sales between 2021-10 and 2026-03, ranging from $920,000 to $1,850,000. The most recent transaction was a 114 sqm unit (floors 01-05) at $1,580,000 in Mar 2026, and the median is $978 psf. Over the data window, prices here are up about 27.3% (about 5.6% a year). All transaction data is sourced from the Urban Redevelopment Authority (URA) and updated regularly.
How much does a unit at Fairmount Condominium cost?
The most recent transaction at Fairmount Condominium was $1,580,000 for a 114 sqm unit in 2026-03. The median price is $978 per square foot across 11 transactions, ranging from $920,000 to $1,850,000. Data sourced from URA.
Is Fairmount Condominium freehold or leasehold?
Fairmount Condominium is on a 99-year lease commencing in 1996, with approximately 69 years remaining. Under Bala's Table, the annual lease decay at this point is about 0.36%.
What is the price per square foot (psf) at Fairmount Condominium?
The median price at Fairmount Condominium is $978 psf, with transactions ranging from $800 to $1,288 psf. This is based on 11 URA-recorded transactions in District 16.
Have prices at Fairmount Condominium gone up or down?
Prices at Fairmount Condominium have increased by approximately 27.3% over the data period (around 5.6% a year). The median price is currently $978 psf, with the most recent sale at $1,580,000 in 2026-03.