Far East Organization to launch Hillhaven on Jan 20; prices from $1,907 psf
The project is in addition poised to take advantage of its place near the Jurong Innovation and Lake Districts, explains Ken Low, managing companion of SRI. He proceeds: “The upcoming Tengah area, with more than 30,000 brand-new public residences prepared, will even flaunt solid future supporting appeal for Hillhaven.”
” At Hillhaven, we have actually designed greater than a home,” states Shaw Lay See, COO of the sales and leasing team at Far East Organization. “Surrounded by lavish greenery, yet purposefully connected to close-by retail, dining, schooling and nature and outside entertainment selections, Hillhaven is the perfect residence for those finding a tranquil break from the metropolitan hustle without compromising on ease of access to essential amenities.”
Far East Organization and its joint-venture partner, Sekisui House, will start Hillhaven, their 341-unit non commercial plan in District 23’s Hillview area, for sale on Jan 20. The project, that opened for preview last week, saw more than 2,000 sales gallery guests throughout its first preview weekend of Jan 5 to 7.
Five types of residences 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 3- and four-bedroom units are going to have double-volume ceilings in the living and dining spaces.
In a Jan 10 statement, Far East Organization claims early-bird costs for the units start from $1,907 psf, using a 678 sq ft, two-bedroom-with-two-bathroom unit starting from $1.37 million.
Hillhaven’s homeowners will most likely have access to greater than 30 facilities, including a 50m swimming pool, a pickleball court, a metropolitan garden for residents, a specific bicycle riders’ side, and barbeque pavilions that each included a play area and spa swimming pool.
To attain BCA’s Eco-friendly Mark Platinum Super Low Energy rating, Hillhaven is going to integrate green features just like energy-efficient air-conditioning systems, solar panels set up on-site, and smart demand commands for lights and air-conditioning in general parts.
Mark Yip, Chief Executive Officer of Huttons Asia, considers that Far East Organization is “extremely familiar with the Hillview area”, having actually built property developments around including Hillvista, The Lanai, The Hillier and HillV2. He includes: “With no brand-new supply of exclusive residences in Hillview, it highlights the special and exclusive quality of this precinct as a residential enclave.”
Ismail Gafoor, Chief Executive Officer of PropNex, sees that Hillhaven has actually obtained strong attraction from prospective customers, boosted by its place near to the Hillview MRT Stop. “Viewing ventures that were released in 2023, we mention that those that are inside a short walking distance (no more than five minutes’ walk) to an MRT station have actually succeeded and delighted in healthy take-up charges, despite the undecided buying view during the year,” he says.
Educational institutions 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 institutions like St Francis Methodist Academy and German European Academy Singapore.
The project is a four-minute walk to Hillview MRT Station on the Downtown Line. Some other neighboring services consist of the Hillview Community Club and shopping centers including HillV2, The Rail Shopping Center, 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 even within walking distance.
Situated at 5 Hillview Rise, Hillhaven fills a location extending 111,945 sq ft. It comprises two towers, rising at 27 and 28 storeys tall, oriented with north-south facing. The 99-year leasehold project is expected to receive its temporary work license by 3Q2027.
” The Hillview district has regularly demonstrated real estate value appraisal for many years,” says Eugene Lim, key directing officer at ERA. Noting that average rates in District 23 rose 44.8% between 2019 and 2023, Lim thinks Hillhaven stands out as a tempting lead for home purchasers. “Giving immediate accessibility and connection, Hillhaven capitalises on the district’s performance history, making it an attractive selection for those seeking a sound assets.”