Far East Organization to launch Hillhaven on Jan 20; prices from $1,907 psf
The program is a four-minute walk to Hillview MRT Station on the Downtown Line. Different close-by facilities consist of the Hillview Community Club and shopping centers consisting of HillV2, The Rail Mall, West Shopping 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 walking distance.
The job is additionally held to gain from its place nearby the Jurong Innovation and Lake Districts, explains Ken Low, managing partner of SRI. He continues: “The upcoming Tengah town, with greater than 30,000 new public houses planned, will also flaunt strong future backup interest for Hillhaven.”
” The Hillview district has regularly demonstrated real property value appreciation throughout the years,” claims Eugene Lim, major managing officer at ERA. Considering that median rates in District 23 increased 44.8% in between 2019 and 2023, Lim thinks Hillhaven stands apart as a luring prospect for home customers. “Giving prompt access and connection, Hillhaven capitalises on the precinct’s track record, making it a desirable selection for those seeking a good assets.”
Ismail Gafoor, Chief Executive Officer of PropNex, notes that Hillhaven has actually received solid rate of interest from possible buyers, strengthened by its area close to the Hillview MRT Station. “Looking at ventures that were launched in 2023, we indicate that those that are within a brief strolling proximity (no more than 5 mins’ stroll) to an MRT station have succeeded and indulged in strong take-up rates, despite the undecided purchasing sentiment during the year,” he says.
” At Hillhaven, we have actually create more than a home,” claims Shaw Lay See, COO of the sales and renting group at Far East Organization. “Encircled by rich plant, yet strategically linked to close-by retail, eating, schooling and nature and outside entertainment options, Hillhaven is the ideal dwelling for those seeking a peaceful relief from the city hustle without compromising on accessibility to vital amenities.”
In a Jan 10 news release, Far East Organization claims early-bird costs for the units start from $1,907 psf, with a 678 sq ft, two-bedroom-with-two-bathroom unit starting from $1.37 million.
Five kinds of houses 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. Picked three- and four-bedroom units are going to have double-volume ceilings in the living and eating parts.
To achieve BCA’s Environment-friendly Mark Platinum Super Low Power ranking, Hillhaven is going to include eco-friendly features such as energy-efficient air-conditioning systems, solar panels installed on-site, and smart demand commands for lighting and air-conditioning in common spots.
School near Hillhaven include CHIJ Our Lady Queen of Peace (within 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 School Singapore.
Hillhaven’s homeowners are going to have access to greater than 30 facilities, featuring a 50m swimming pool, a pickleball court, a city farm for locals, a specific cyclists’ side, and barbecue pavilions that each come with a backyard and spa tub pool.
Mark Yip, CEO of Huttons Asia, indicates that Far East Organization is “really familiar with the Hillview area”, having developed developments around including Hillvista, The Lanai, The Hillier and HillV2. He adds: “With no brand-new supply of private homes in Hillview, it highlights the exceptional and special nature of this precinct as a residential territory.”
Located at 5 Hillview Rise, Hillhaven occupies an area covering 111,945 sq ft. It consists of 2 towers, standing at 27 and 28 floors tall, directed with north-south facing. The 99-year leasehold plan is anticipated to get its brief job permit by 3Q2027.
Far East Organization and its joint-venture partner, Sekisui House, are going to start Hillhaven, their 341-unit non commercial project in District 23’s Hillview area, available for sale on Jan 20. The development, that opened up for sneak peek recently, saw over 2,000 sales gallery guests throughout its very first sneak peek weekend of Jan 5 to 7.