Far East Organization to launch Hillhaven on Jan 20; prices from $1,907 psf
Far East Organization and its joint-venture partner, Sekisui House, will release Hillhaven, their 341-unit residential project in District 23’s Hillview part, up for sale on Jan 20. The development, which launched for sneak peek last week, found around 2,000 sales gallery site visitors throughout its very first sneak peek weekend break of Jan 5 to 7.
” The Hillview community has actually continually demonstrated real estate value appraisal over the years,” says Eugene Lim, key directing officer at ERA. Mentioning that typical rates in District 23 increased 44.8% between 2019 and 2023, Lim thinks Hillhaven sticks out as a luring prospect for home buyers. “Providing prompt convenience and connection, Hillhaven capitalises on the district’s performance history, making it a desirable option for those looking for a sound financial investment.”
To achieve BCA’s Green Mark Platinum Super Low Power ranking, Hillhaven is going to include eco-friendly benefits like energy-efficient air-conditioning devices, solar powers installed on-site, and smart demand commands for lighting fixtures and air-conditioning in common places.
The program is a four-minute stretch to Hillview MRT Station on the Downtown Line. Different neighboring facilities consist of the Hillview Community Club and malls consisting of HillV2, The Rail Shopping Mall, West Shopping Mall, Hillion Shopping Mall and Junction 10. Nature and recreation parks like Bukit Timah Nature Reserve, Dairy Farm Nature Park, and Bukit Batok Nature Park are even within walking distance.
Mark Yip, CEO of Huttons Asia, considers that Far East Organization is “really acquainted with the Hillview location”, having developed developments around such as Hillvista, The Lanai, The Hillier and HillV2. He adds: “Without brand-new supply of private residences in Hillview, it emphasizes the distinct and exclusive nature of this district as a housing enclave.”
Ismail Gafoor, Chief Executive Officer of PropNex, sees that Hillhaven has actually gotten strong attraction from possible buyers, boosted by its location near the Hillview MRT Stop. “Viewing ventures that were released in 2023, we mention that those that are within a short walking proximity (no more than 5 minutes’ stroll) to an MRT station have actually done well and indulged in healthy take-up charges, despite the undecided buying sentiment during the year,” he states.
Hillhaven’s locals will have access to greater than 30 establishments, featuring a 50m pool, a pickleball court, a metropolitan orchard for locals, a specific bikers’ side, and barbeque structures that all come with a play area and spa pool.
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. Chosen three- and four-bedroom units are going to have double-volume ceilings in the living and dining areas.
The job is additionally held to benefit from its area close to the Jurong Innovation and Lake Districts, points out Ken Low, managing partner of SRI. He proceeds: “The upcoming Tengah area, with more than 30,000 new public houses prepared, will certainly also boast solid future secondary appeal for Hillhaven.”
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.
School 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 institutions like St Francis Methodist School and German European School Singapore.
” At Hillhaven, we have actually crafted greater than a home,” states Shaw Lay See, COO of the sales and renting team at Far East Organization. “Bordered by rich plant, yet strategically connected to neighboring retail, dining, education and nature and outdoor leisure options, Hillhaven is the suitable residence for those finding a calm respite from the city hustle without risking on ease of access to essential services.”
Found at 5 Hillview Rise, Hillhaven occupies an area covering 111,945 sq ft. It makes up 2 high rises, rising at 27 and 28 floors tall, oriented with north-south facing. The 99-year leasehold project is anticipated to get its non permanent job authorization by 3Q2027.