Far East Organization to launch Hillhaven on Jan 20; prices from $1,907 psf
Ismail Gafoor, CEO of PropNex, sees that Hillhaven has obtained solid interest from possible buyers, bolstered by its location near the Hillview MRT Stop. “Considering plans that were launched in 2023, we mention that those that are within a short strolling proximity (no more than five minutes’ stroll) to an MRT terminal have done well and indulged in strong take-up rates, in spite of the unconfirmed purchasing view during the year,” he says.
In a Jan 10 statement, Far East Organization states early-bird prices for the units start from $1,907 psf, using a 678 sq ft, two-bedroom-with-two-bathroom unit starting from $1.37 million.
Five kinds of houses are 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. Picked three- and four-bedroom units are going to have double-volume roofs in the living and dining spaces.
The program is a four-minute walk to Hillview MRT Terminal on the Downtown Line. Different nearby features include the Hillview Community Club and shopping centers consisting of HillV2, The Rail Mall, West Shopping Mall, Hillion Mall and Junction 10. Nature and recreational parks like Bukit Timah Nature Reserve, Dairy Farm Nature Park, and Bukit Batok Nature Park are also inside walking distance.
Far East Organization and its joint-venture partner, Sekisui House, will start Hillhaven, their 341-unit residential plan in District 23’s Hillview part, available for sale on Jan 20. The property development, which began for sneak peek recently, observed over 2,000 sales gallery visitors during its first sneak peek weekend break of Jan 5 to 7.
Hillhaven’s locals will have accessibility to greater than 30 facilities, consisting of a 50m pool, a pickleball court, a city orchard for homeowners, a dedicated bikers’ section, and barbecue canopies that all included a play area and spa tub pool.
Found at 5 Hillview Rise, Hillhaven occupies a location spanning 111,945 sq ft. It consists of two high rises, standing at 27 and 28 floors tall, directed with north-south facing. The 99-year leasehold plan is anticipated to get its short-term occupation permit by 3Q2027.
Educational institutions near Hillhaven consists of CHIJ Our Lady Queen of Peace (within 1km), Methodist Girls’ School, Raffles Girls’ Primary School, Hwa Chong Institution, National Junior College, and international colleges like St Francis Methodist Academy and German European School Singapore.
To accomplish BCA’s Eco-friendly Mark Platinum Super Low Energy ranking, Hillhaven is going to incorporate environment-friendly features for example, energy-efficient air-conditioning equipments, panels set up on-site, and smart demand commands for lights and air-conditioning in common places.
Mark Yip, CEO of Huttons Asia, indicates that Far East Organization is “extremely accustomed to the Hillview place”, having actually built property developments in the vicinity like Hillvista, The Lanai, The Hillier and HillV2. He adds in: “Without any brand-new source of exclusive properties in Hillview, it highlights the special and special quality of this district as a non commercial territory.”
” The Hillview community has actually consistently demonstrated real property worth appraisal throughout the years,” claims Eugene Lim, key executive officer at ERA. Mentioning that mean costs in District 23 climbed 44.8% in between 2019 and 2023, Lim thinks Hillhaven stands apart as an attracting lead for home customers. “Giving prompt convenience and connection, Hillhaven capitalises on the precinct’s track record, making it an attractive selection for those looking for a solid investment.”
” At Hillhaven, we have actually create more than a home,” states Shaw Lay See, COO of the sales and renting group at Far East Organization. “Bordered by rich greenery, yet tactically linked to nearby retail, eating, education and nature and outdoor recreation choices, Hillhaven is the optimal residence for those finding a peaceful respite from the urban hustle without risking on ease of access to essential amenities.”
The proposal is additionally positioned to take advantage of its location close to the Jurong Innovation and Lake Districts, points out Ken Low, managing partner of SRI. He continues: “The upcoming Tengah area, with more than 30,000 brand-new public homes planned, will also boast solid future backup appeal for Hillhaven.”