Far East Organization to launch Hillhaven on Jan 20; prices from $1,907 psf
To achieve BCA’s Green Mark Platinum Super Low Energy ranking, Hillhaven is going to integrate eco-friendly features such as energy-efficient air-conditioning devices, solar powers installed on-site, and smart demand controls for lighting and air-conditioning in general parts.
Ismail Gafoor, CEO of PropNex, observes that Hillhaven has obtained solid rate of interest from prospective buyers, reinforced by its area near to the Hillview MRT Station. “Considering ventures that were launched in 2023, we mention that those that are inside a short strolling range (less than five minutes’ walk) to an MRT station have succeeded and delighted in healthy take-up rates, regardless of the undecided purchasing view during the year,” he states.
The project is also held to benefit from its location close to the Jurong Innovation and Lake Districts, explains Ken Low, supervising companion of SRI. He continues: “The upcoming Tengah area, with greater than 30,000 brand-new public residences prepared, will also flaunt strong future supporting interest for Hillhaven.”
” The Hillview district has actually constantly demonstrated property worth appraisal throughout the years,” states Eugene Lim, major directing officer at ERA. Considering that median prices in District 23 climbed 44.8% between 2019 and 2023, Lim thinks Hillhaven sticks out as a tempting prospect for home purchasers. “Giving prompt availability and connection, Hillhaven capitalises on the precinct’s track record, making it an appealing choice for those seeking a sound investment.”
Hillhaven’s citizens will most likely have access to greater than 30 centers, including a 50m swimming pool, a pickleball court, a metropolitan orchard for citizens, a specific bikers’ side, and bbq structures that each featured a backyard and spa tub pool.
Found at 5 Hillview Rise, Hillhaven occupies a site spanning 111,945 sq ft. It consists of two high rises, rising at 27 and 28 storeys tall, aligned with north-south facing. The 99-year leasehold project is anticipated to get its non permanent work permit by 3Q2027.
” At Hillhaven, we have actually crafted more than a home,” claims Shaw Lay See, COO of the sales and renting group at Far East Organization. “Bordered by rich greenery, yet tactically linked to nearby retail, eating, schooling and nature and outside leisure selections, Hillhaven is the perfect home for those seeking a serene respite from the urban hustle without compromising on accessibility to essential services.”
The job is a four-minute stroll to Hillview MRT Terminal on the Downtown Line. Some other nearby facilities include the Hillview Community Club and malls including HillV2, The Rail Shopping Center, West Shopping Mall, Hillion Shopping Center and Junction 10. Nature and recreational parks like Bukit Timah Nature Reserve, Dairy Farm Nature Park, and Bukit Batok Nature Park are even inside strolling distance.
In a Jan 10 news release, Far East Organization states early-bird prices for the units begin with $1,907 psf, using a 678 sq ft, two-bedroom-with-two-bathroom unit beginning with $1.37 million.
Five types of homes 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 will have double-volume ceilings in the living and eating spaces.
Far East Organization and its joint-venture partner, Sekisui House, are going to start Hillhaven, their 341-unit non commercial plan in District 23’s Hillview spot, available for sale on Jan 20. The project, which opened up for preview last week, saw over 2,000 sales gallery visitors throughout its first preview weekend break of Jan 5 to 7.
Mark Yip, Chief Executive Officer of Huttons Asia, indicates that Far East Organization is “extremely knowledgeable about the Hillview location”, having actually developed properties around such as Hillvista, The Lanai, The Hillier and HillV2. He adds in: “With no brand-new source of exclusive residences in Hillview, it highlights the distinct and unique features of this precinct as a residential territory.”
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.