Far East Organization to launch Hillhaven on Jan 20; prices from $1,907 psf
The project is in addition poised to benefit from its location close to the Jurong Innovation and Lake Districts, mentions Ken Low, supervising companion of SRI. He continues: “The upcoming Tengah township, with greater than 30,000 new public residences prepared, will even boast solid future backup interest for Hillhaven.”
Far East Organization and its joint-venture partner, Sekisui House, will launch Hillhaven, their 341-unit residential project in District 23’s Hillview part, for sale on Jan 20. The project, that opened for preview last week, found around 2,000 sales gallery visitors throughout its initial preview weekend of Jan 5 to 7.
” At Hillhaven, we have actually crafted more than a home,” says Shaw Lay See, COO of the sales and renting group at Far East Organization. “Encircled by lush plant, yet strategically linked to close-by retail, dining, schooling and nature and outside leisure options, Hillhaven is the optimal residence for those seeking a tranquil break from the metropolitan hustle without compromising on availability to necessary features.”
In a Jan 10 news release, Far East Organization states early-bird costs for the units begin with $1,907 psf, using a 678 sq ft, two-bedroom-with-two-bathroom unit beginning with $1.37 million.
Ismail Gafoor, CEO of PropNex, notes that Hillhaven has actually received strong attraction from prospective customers, boosted by its location near the Hillview MRT Station. “Viewing projects that were launched in 2023, we indicate that those that are within a brief strolling proximity (less than 5 mins’ stroll) to an MRT station have done well and enjoyed healthy take-up rates, regardless of the tentative purchasing sentiment throughout the year,” he says.
To accomplish BCA’s Eco-friendly Mark Platinum Super Low Energy score, Hillhaven will integrate eco-friendly features for example, energy-efficient air-conditioning devices, panels set up on-site, and smart demand controls for lighting and air-conditioning in common areas.
Mark Yip, CEO of Huttons Asia, considers that Far East Organization is “really aware of the Hillview area”, having actually developed projects in the vicinity such as Hillvista, The Lanai, The Hillier and HillV2. He includes: “Without any new supply of exclusive residences in Hillview, it underscores the distinct and special nature of this district as a housing enclave.”
Located at 5 Hillview Rise, Hillhaven occupies a location extending 111,945 sq ft. It consists of two towers, rising at 27 and 28 floors high, aligned with north-south facing. The 99-year leasehold project is anticipated to get its brief work permit by 3Q2027.
Hillhaven’s residents are going to have easy access to greater than 30 establishments, featuring a 50m pool, a pickleball court, a city garden for residents, a dedicated bikers’ section, and barbecue pavilions that each come with a play area and spa pool.
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 School Singapore.
” The Hillview community has actually consistently demonstrated property value appreciation over the years,” says Eugene Lim, major directing officer at ERA. Mentioning that median costs in District 23 increased 44.8% in between 2019 and 2023, Lim assumes Hillhaven sticks out as a tempting prospect for home customers. “Providing immediate availability and connection, Hillhaven capitalises on the precinct’s performance history, making it an appealing option for those looking for a safe investment.”
The program is a four-minute walk to Hillview MRT Terminal on the Downtown Line. Some other close-by services consist of the Hillview Community Club and shopping malls consisting of HillV2, The Rail Shopping Mall, West Shopping Center, Hillion Mall and Junction 10. Nature and recreation parks like Bukit Timah Nature Reserve, Dairy Farm Nature Park, and Bukit Batok Nature Park are even inside strolling range.
Five forms of houses 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. Selected three- and four-bedroom units will have double-volume roofs in the living and dining areas.