Far East Organization to launch Hillhaven on Jan 20; prices from $1,907 psf
The proposal is in addition positioned to take advantage of its area near the Jurong Innovation and Lake Districts, points out Ken Low, managing companion of SRI. He continues: “The upcoming Tengah township, with more than 30,000 brand-new public residences planned, will also flaunt solid future secondary demand for Hillhaven.”
Mark Yip, CEO of Huttons Asia, considers that Far East Organization is “extremely accustomed to the Hillview area”, having actually constructed properties around including Hillvista, The Lanai, The Hillier and HillV2. He adds in: “With no brand-new source of private properties in Hillview, it underscores the distinct and exclusive quality of this precinct as a housing territory.”
Educational institutions near Hillhaven include CHIJ Our Lady Queen of Peace (inside 1km), Methodist Girls’ School, Raffles Girls’ Primary School, Hwa Chong Institution, National Junior College, and international colleges like St Francis Methodist School and German European Academy Singapore.
Five forms 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 three- and four-bedroom units are going to have double-volume ceilings in the living and dining areas.
In a Jan 10 news release, Far East Organization claims early-bird rates for the units begin with $1,907 psf, using a 678 sq ft, two-bedroom-with-two-bathroom unit starting from $1.37 million.
Ismail Gafoor, Chief Executive Officer of PropNex, sees that Hillhaven has gotten solid interest from prospective buyers, boosted by its location near to the Hillview MRT Stop. “Viewing projects that were introduced in 2023, we mention that those that are throughout a short strolling proximity (no more than 5 mins’ walk) to an MRT station have done well and delighted in strong take-up charges, regardless of the tentative buying sentiment throughout the year,” he says.
” The Hillview precinct has constantly displayed real estate value appreciation throughout the years,” states Eugene Lim, key managing officer at ERA. Considering that mean rates in District 23 rose 44.8% in between 2019 and 2023, Lim thinks Hillhaven sticks out as an enticing prospect for home purchasers. “Providing prompt access and connection, Hillhaven capitalises on the district’s record, making it an appealing choice for those looking for a safe assets.”
Far East Organization and its joint-venture partner, Sekisui House, will release Hillhaven, their 341-unit residential plan in District 23’s Hillview spot, up for sale on Jan 20. The project, that launched for preview last week, observed around 2,000 sales gallery site visitors throughout its initial sneak peek weekend of Jan 5 to 7.
Hillhaven’s locals are going to have easy access to more than 30 centers, consisting of a 50m swimming pool, a pickleball court, an urban garden for homeowners, a dedicated bicycle riders’ corner, and bbq pavilions that all included a play area and spa tub pool.
Situated at 5 Hillview Rise, Hillhaven fills a location spanning 111,945 sq ft. It comprises two high rises, rising at 27 and 28 storeys high, directed with north-south facing. The 99-year leasehold project is anticipated to get its non permanent occupation authorization by 3Q2027.
” At Hillhaven, we have actually designed greater than a home,” claims Shaw Lay See, COO of the sales and leasing team at Far East Organization. “Surrounded by lavish plant, yet strategically attached to close-by retail, eating, education and nature and outside leisure options, Hillhaven is the suitable dwelling for those looking for a relaxed respite from the metropolitan hustle without jeopardizing on accessibility to essential facilities.”
The job is a four-minute stretch to Hillview MRT Station on the Downtown Line. Other close-by amenities include the Hillview Community Club and shopping malls consisting of HillV2, The Rail Shopping Mall, West Mall, Hillion Mall and Junction 10. Nature and leisure parks like Bukit Timah Nature Reserve, Dairy Farm Nature Park, and Bukit Batok Nature Park are also in just strolling range.
To attain BCA’s Environment-friendly Mark Platinum Super Low Energy score, Hillhaven will incorporate environment-friendly functions such as energy-efficient air-conditioning systems, panels installed on-site, and smart demand controls for lighting and air-conditioning in common places.