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Fairmount Condominium

Condominium · District 16 (Bedok / Upper East Coast / Siglap) · Outside Central Region · 99-year lease (69 yrs left) · Updated Mar 2026

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.

Latest Sale
$1,580,000
Mar 2026 · 114 sqm
Median Price
$978/sqft
$1,550,000 typical unit
Transactions
11
$800–$1,288 psf
Price Trend
▲ 27.3%
~5.6% a year

Where Fairmount Condominium ranks in District 16

All 61 projects ›
Median psf
Top 95%
#58 / 61 Top 95%
Typical unit price
Top 54%
#33 / 61 Top 54%
Most recent sale
Top 66%
#40 / 61 Top 66%
Price growth
Top 28%
#15 / 53 Top 28%

Median psf over time

Estimate a unit at Fairmount Condominium

Based on URA transactions for this development. Pick a floor band and unit size.

Estimated value
Project forward
Market growth +5.6%/yr
Lease decay −0.36%/yr
Growth scenario
In 5 years

Projection blends market growth with Bala's Table lease decay. Past growth does not guarantee future performance. Not financial advice.

Lease decay

69 yrs
Remaining lease
0.36%
Annual decay (Bala's Table)
1996
Lease commenced

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

DateFloorType AreaPricepsf
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
Showing 11 of 11 transactions
Source: URA (Urban Redevelopment Authority), under the Open Data Licence.
Primary schools nearby

No primary school is within 1 km of Fairmount Condominium, but 1sits in the 1–2 km second-priority band.

Compare homes near every primary school
Distances are straight-line (aerial) from the development, the same basis MOE uses for Home–School Distance priority. Being inside a priority zone improves but does not guarantee a place.
Where this home sits, and its schools
0 schools in the 1 km top-priority zone
  • This home
  • School within 1 km
  • School 1–2 km
  • 1km ring, top priority
  • 2km ring, next tier

Straight-line distances, the basis MOE uses for Home–School Distance priority. Tap a school to open it. Map © OneMap, SLA.

Nearby comparable homes

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.

More condos in District 16
Distances are straight-line estimates from this home, indicative only. Prices are medians of recorded resale transactions, not asking prices.

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.