Far East Organization to launch Hillhaven on Jan 20; prices from $1,907 psf
Ismail Gafoor, CEO of PropNex, notes that Hillhaven has actually obtained solid attraction from prospective buyers, bolstered by its location near to the Hillview MRT Stop. “Viewing projects that were introduced in 2023, we mention that those that are inside a brief strolling range (less than five mins’ walk) to an MRT terminal have actually done well and delighted in strong take-up rates, regardless of the tentative purchasing belief throughout the year,” he states.
Five types of residences 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 will have double-volume ceilings in the living and dining areas.
Far East Organization and its joint-venture partner, Sekisui House, are going to release Hillhaven, their 341-unit residential plan in District 23’s Hillview area, for sale on Jan 20. The project, which opened for preview last week, saw over 2,000 sales gallery site visitors throughout its first preview weekend of Jan 5 to 7.
In a Jan 10 press release, Far East Organization claims early-bird prices for the units begin with $1,907 psf, with a 678 sq ft, two-bedroom-with-two-bathroom unit starting from $1.37 million.
Located at 5 Hillview Rise, Hillhaven occupies a location extending 111,945 sq ft. It comprises two high rises, standing at 27 and 28 floors high, directed with north-south facing. The 99-year leasehold project is anticipated to obtain its brief job permit by 3Q2027.
” At Hillhaven, we have create more than a home,” states Shaw Lay See, COO of the sales and renting team at Far East Organization. “Encircled by lush plant, yet strategically linked to neighboring retail, dining, schooling and nature and outside leisure options, Hillhaven is the excellent dwelling for those finding a tranquil respite from the metropolitan hustle without jeopardizing on access to essential facilities.”
” The Hillview district has regularly demonstrated property value appraisal throughout the years,” claims Eugene Lim, major executive officer at ERA. Noting that average rates in District 23 rose 44.8% between 2019 and 2023, Lim assumes Hillhaven stands apart as an enticing prospect for home purchasers. “Offering immediate accessibility and connection, Hillhaven capitalises on the district’s record, making it an appealing option for those seeking a safe assets.”
Hillhaven’s locals will have access to greater than 30 establishments, consisting of a 50m swimming pool, a pickleball court, a metropolitan orchard for homeowners, a dedicated bikers’ area, and barbecue pavilions that all come with a backyard and spa pool.
The project is a four-minute stroll to Hillview MRT Station on the Downtown Line. Different close-by amenities consist of the Hillview Community Club and shopping malls including HillV2, The Rail Shopping Center, West Shopping Center, Hillion Mall and Junction 10. Nature and leisure parks like Bukit Timah Nature Reserve, Dairy Farm Nature Park, and Bukit Batok Nature Park are in addition in just walking range.
Educational institutions near Hillhaven include CHIJ Our Lady Queen of Peace (within 1km), Methodist Girls’ School, Raffles Girls’ Primary School, Hwa Chong Institution, National Junior College, and international schools like St Francis Methodist School and German European Academy Singapore.
The project is also positioned to take advantage of its place nearby the Jurong Innovation and Lake Districts, points out Ken Low, managing partner of SRI. He continues: “The upcoming Tengah town, with greater than 30,000 new public houses intended, will certainly even flaunt strong future supporting demand for Hillhaven.”
Mark Yip, CEO of Huttons Asia, notes that Far East Organization is “very accustomed to the Hillview location”, having actually constructed property developments in the vicinity such as Hillvista, The Lanai, The Hillier and HillV2. He adds: “Without brand-new source of private homes in Hillview, it highlights the distinct and unique nature of this precinct as a non commercial enclave.”
To achieve BCA’s Eco-friendly Mark Platinum Super Low Power rating, Hillhaven is going to include eco-friendly features like energy-efficient air-conditioning systems, panels set up on-site, and smart demand controls for lights and air-conditioning in common spots.