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 |
About Fairmount Condominium
Fairmount Condominium is a 99-year leasehold development with its lease commencing in 1996 and about 69 years remaining in District 16 (Bedok / Upper East Coast / Siglap), within the Outside Central Region of Singapore. It has a thinner transaction history, with 11 recorded condominium transactions 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) sold for $1,580,000 in 2026-03, and the median price is $978 per square foot. Prices here have risen sharply, by about 27.3% over the period (around 5.6% a year). Under Bala's Table (the Singapore Land Authority leasehold valuation model), the leasehold relativity ratio at 69 years remaining is 0.9069, an annual lease decay of about 0.36%. 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.