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 start Hillhaven, their 341-unit non commercial project in District 23’s Hillview spot, for sale on Jan 20. The development, which opened up for sneak peek recently, observed over 2,000 sales gallery site visitors during its first sneak peek weekend of Jan 5 to 7.
In a Jan 10 statement, Far East Organization states early-bird prices for the units start from $1,907 psf, with a 678 sq ft, two-bedroom-with-two-bathroom unit beginning with $1.37 million.
Hillhaven’s locals are going to have easy access to greater than 30 facilities, featuring a 50m swimming pool, a pickleball court, a metropolitan orchard for homeowners, a dedicated cyclists’ area, and bbq pavilions that each included a play area and spa swimming pool.
” The Hillview precinct has actually regularly displayed real estate value appraisal over the years,” states Eugene Lim, key executive officer at ERA. Considering that typical prices in District 23 increased 44.8% in between 2019 and 2023, Lim thinks Hillhaven stands apart as an enticing prospect for home customers. “Providing immediate convenience and connection, Hillhaven capitalises on the precinct’s record, making it an appealing option for those looking for a solid assets.”
Ismail Gafoor, Chief Executive Officer of PropNex, notes that Hillhaven has actually received solid attraction from potential purchasers, boosted by its area near to the Hillview MRT Station. “Considering plans that were introduced in 2023, we indicate that those that are within a brief strolling proximity (less than 5 mins’ walking) to an MRT terminal have done well and enjoyed good take-up rates, despite the unconfirmed buying belief during the year,” he claims.
Mark Yip, CEO of Huttons Asia, notes that Far East Organization is “really familiar with the Hillview place”, having developed property developments in the vicinity like Hillvista, The Lanai, The Hillier and HillV2. He includes: “Without brand-new supply of private homes in Hillview, it emphasizes the distinct and special features of this district as a non commercial territory.”
The job is also held to gain from its location close to the Jurong Innovation and Lake Districts, points out Ken Low, managing partner of SRI. He proceeds: “The upcoming Tengah area, with greater than 30,000 brand-new public homes planned, will also flaunt strong future backup demand for Hillhaven.”
” At Hillhaven, we have create greater than a home,” claims Shaw Lay See, COO of the sales and renting group at Far East Organization. “Bordered by lavish greenery, yet purposefully attached to close-by retail, eating, schooling and nature and exterior leisure selections, Hillhaven is the excellent home for those finding a calm break from the urban hustle without jeopardizing on accessibility to essential features.”
To achieve BCA’s Environment-friendly Mark Platinum Super Low Energy rating, Hillhaven is going to incorporate eco-friendly benefits for example, energy-efficient air-conditioning equipments, solar panels mounted on-site, and smart demand commands for lighting and air-conditioning in general areas.
Five forms of residences 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 3- and four-bedroom units are going to have double-volume roofs in the living and eating parts.
Located at 5 Hillview Rise, Hillhaven occupies an area covering 111,945 sq ft. It makes up two towers, rising at 27 and 28 storeys tall, directed with north-south facing. The 99-year leasehold plan is anticipated to get its brief work permit by 3Q2027.
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 School and German European School Singapore.
The job is a four-minute walk to Hillview MRT Station on the Downtown Line. Different neighboring features include the Hillview Community Club and malls including HillV2, The Rail Mall, West Shopping Mall, 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 in just strolling distance.