Far East Organization to launch Hillhaven on Jan 20; prices from $1,907 psf
Mark Yip, Chief Executive Officer of Huttons Asia, indicates that Far East Organization is “extremely acquainted with the Hillview location”, having actually constructed properties thereabout such as Hillvista, The Lanai, The Hillier and HillV2. He includes: “With no new supply of exclusive properties in Hillview, it highlights the special and unique features of this district as a residential enclave.”
” The Hillview community has actually consistently displayed real estate worth appraisal throughout the years,” says Eugene Lim, key directing officer at ERA. Mentioning that mean costs in District 23 increased 44.8% between 2019 and 2023, Lim assumes Hillhaven sticks out as an attracting lead for home buyers. “Offering prompt availability and connectivity, Hillhaven capitalises on the district’s track record, making it an attractive selection for those seeking a solid assets.”
In a Jan 10 statement, Far East Organization claims early-bird costs for the units begin with $1,907 psf, using a 678 sq ft, two-bedroom-with-two-bathroom unit beginning with $1.37 million.
To attain BCA’s Environment-friendly Mark Platinum Super Low Energy score, Hillhaven will include green benefits just like energy-efficient air-conditioning devices, solar panels mounted on-site, and smart demand commands for lights and air-conditioning in general spots.
Five types of homes are readily available: two-bedroom units from 678 to 721 sq ft; two-bedroom-plus-study units of 797 sq ft; three-bedroom units from 947 to 1,141 sq ft; three-bedroom-plus-study units from 958 to 1,195 sq ft; and four-bedroom units from 1,259 to 1,636 sq ft. Selected 3- and four-bedroom units will have double-volume ceilings in the living and eating parts.
The job is also held to benefit from its location near the Jurong Innovation and Lake Districts, points out Ken Low, handling partner of SRI. He continues: “The upcoming Tengah town, with more than 30,000 new public residences intended, will certainly even boast solid future backup interest for Hillhaven.”
” At Hillhaven, we have actually create more than a home,” claims Shaw Lay See, COO of the sales and leasing group at Far East Organization. “Surrounded by lush plant, yet tactically attached to close-by retail, dining, schooling and nature and outside recreation selections, Hillhaven is the ideal residence for those finding a peaceful respite from the city hustle without compromising on availability to vital facilities.”
School near Hillhaven consists of CHIJ Our Lady Queen of Peace (in just 1km), Methodist Girls’ School, Raffles Girls’ Elementary School, Hwa Chong Institution, National Junior College, and international colleges like St Francis Methodist School and German European Academy Singapore.
Hillhaven’s locals will most likely have access to more than 30 establishments, featuring a 50m swimming pool, a pickleball court, a city orchard for residents, a specific bikers’ side, and bbq structures that all featured a play area and spa tub pool.
Far East Organization and its joint-venture partner, Sekisui House, will start Hillhaven, their 341-unit non commercial project in District 23’s Hillview part, for sale on Jan 20. The project, that began for preview last week, found more than 2,000 sales gallery visitors throughout its very first preview weekend break of Jan 5 to 7.
Ismail Gafoor, Chief Executive Officer of PropNex, sees that Hillhaven has obtained solid interest from possible purchasers, bolstered by its place close to the Hillview MRT Terminal. “Viewing projects that were released in 2023, we note that those that are inside a short strolling distance (no more than five minutes’ walk) to an MRT station have actually succeeded and indulged in good take-up charges, despite the tentative buying sentiment during the year,” he states.
The job is a four-minute stretch to Hillview MRT Station on the Downtown Line. Different neighboring amenities include the Hillview Community Club and shopping centers consisting of HillV2, The Rail Mall, West Shopping Center, Hillion Shopping Mall and Junction 10. Nature and recreational parks like Bukit Timah Nature Reserve, Dairy Farm Nature Park, and Bukit Batok Nature Park are in addition in just walking distance.
Located at 5 Hillview Rise, Hillhaven occupies a location spanning 111,945 sq ft. It consists of two towers, rising at 27 and 28 floors high, oriented with north-south facing. The 99-year leasehold project is expected to obtain its non permanent occupation authorization by 3Q2027.