Weekend previews of The Arcady at Boon Keng and Hillhaven – first new projects of 2024 – attract over 5,000 visitors on opening weekend
The Arcady at Boon Keng is a freehold property development situated on Serangoon Road in Area 12. The 172-unit condominium is a redevelopment of the previous Euro-Asia Flats which was purchased enbloc for $222.18 million in 2022 by a consortium led by community property developer KSH Holdings. Other joint project associates include SLB Development and H10 Holdings.
The preview of The Arcady at Boon Keng and Hillhaven are the first two brand-new properties to preview this year. Hence, the good turn-out of potential purchasers sends out a strong sign to the market that community customers are eager to kickstart the fresh release market this year.
The public preview will proceed till Thursday Jan 18 and the common booking of units will start on Saturday Jan 20.
Hillhaven consists of a mix of 2- to four-bedroom unit kinds varying from 678 sq ft to 1,636 sq ft. The project has actually been open for preview since Saturday Jan 6 and over 2,000 guests have actually been to the showflat over the Jan 6 and 7 weekend break.
The weekend also observed the preview of Hillhaven, a 99-year leasehold property development that is jointly established by Singapore property giant Far East Company and Japanese company Sekisui House. The 341-unit property development is located at Hillview Rise in District 23.
The brand-new project consists of a mix of one-bedroom and also study units to four-bedroom as well as study units, extending from 527 sq ft to 1,625 units. There are likewise two penthouse units of 2,433 sq ft and 2,583 sq ft. The builders claim that costs will start from $2,500 psf.
Beyond 3,000 guests flock the showflat of The Arcady at Boon Keng on its introduction preview on Jan 6 and 7 despite the wet weather condition over the weekend break. Another new project, Hillhaven located at Hillview Rise, observed about 2,000 consumers come by its showflat this weekend.
Responding to media queries from EdgeProp Singapore, a KSH Holdings spokesperson states that the developers are ‘thrilled’ experiencing the strong feedback from purchasers to their project, adding that the sales team were surprised by the strong action and added dialogue tables to fit the group have been set up throughout the showflat.
Marina View Residences condo floor plan
Far East Company and Sekisui House were granted the place in November 2022 when they submitted the leading offer of $320.78 million for the government land sale (GLS) site. Despite the fact that the developers have actually not freely shared the expected selling price of Hillhaven, EdgeProp Singapore approximates that the proposal will have a breakeven cost of $2,035 psf.
