Far East Organization to launch Hillhaven on Jan 20; prices from $1,907 psf
Ismail Gafoor, CEO of PropNex, notes that Hillhaven has gotten solid attraction from possible purchasers, bolstered by its place near the Hillview MRT Terminal. “Viewing ventures that were released in 2023, we note that those that are within a brief strolling distance (less than 5 minutes’ walk) to an MRT station have actually succeeded and enjoyed strong take-up charges, regardless of the tentative purchasing sentiment throughout the year,” he states.
Found at 5 Hillview Rise, Hillhaven fills a site spanning 111,945 sq ft. It consists of two high rises, rising at 27 and 28 storeys high, oriented with north-south facing. The 99-year leasehold plan is anticipated to receive its non permanent job permit by 3Q2027.
Hillhaven’s citizens will most likely have accessibility to more than 30 centers, consisting of a 50m pool, a pickleball court, an urban garden for residents, a dedicated bikers’ corner, and barbecue structures that each included a backyard and spa swimming pool.
In a Jan 10 press release, Far East Organization states early-bird prices for the units begin with $1,907 psf, using a 678 sq ft, two-bedroom-with-two-bathroom unit beginning with $1.37 million.
Mark Yip, CEO of Huttons Asia, notes that Far East Organization is “really accustomed to the Hillview area”, having actually built developments around including Hillvista, The Lanai, The Hillier and HillV2. He includes: “With no brand-new supply of private properties in Hillview, it highlights the distinct and special nature of this district as a residential enclave.”
The project is a four-minute stretch to Hillview MRT Terminal on the Downtown Line. Some other neighboring features include the Hillview Community Club and malls consisting of HillV2, The Rail Mall, West Shopping Center, Hillion Shopping Center and Junction 10. Nature and leisure parks like Bukit Timah Nature Reserve, Dairy Farm Nature Park, and Bukit Batok Nature Park are in addition inside strolling range.
To accomplish BCA’s Environment-friendly Mark Platinum Super Low Power rating, Hillhaven is going to include eco-friendly features for example, energy-efficient air-conditioning equipments, solar panels set up on-site, and smart demand controls for lights and air-conditioning in general spots.
” The Hillview district has actually regularly demonstrated real property worth assessment for many years,” claims Eugene Lim, key managing officer at ERA. Considering that typical rates in District 23 climbed 44.8% between 2019 and 2023, Lim thinks Hillhaven stands out as a tempting prospect for home customers. “Supplying prompt access and connection, Hillhaven capitalises on the district’s track record, making it a desirable choice for those looking for a sound investment.”
Far East Organization and its joint-venture partner, Sekisui House, will start Hillhaven, their 341-unit non commercial plan in District 23’s Hillview part, available for sale on Jan 20. The project, which opened for preview last week, saw around 2,000 sales gallery guests during its first preview weekend of Jan 5 to 7.
” At Hillhaven, we have actually crafted greater than a home,” states Shaw Lay See, COO of the sales and leasing group at Far East Organization. “Surrounded by lush plant, yet strategically linked to close-by retail, eating, schooling and nature and outdoor recreation selections, Hillhaven is the ideal dwelling for those seeking a peaceful respite from the city hustle without compromising on ease of access to necessary amenities.”
The proposal is additionally held to take advantage of its area nearby the Jurong Innovation and Lake Districts, mentions Ken Low, supervising companion of SRI. He proceeds: “The upcoming Tengah township, with more than 30,000 new public homes prepared, will certainly even boast solid future backup demand for Hillhaven.”
Five kinds of homes are offered: 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 3- and four-bedroom units will have double-volume ceilings in the living and eating parts.
School near Hillhaven comprise of CHIJ Our Lady Queen of Peace (in just 1km), Methodist Girls’ School, Raffles Girls’ Elementary School, Hwa Chong Institution, National Junior University, and international schools like St Francis Methodist Academy and German European Academy Singapore.
