Far East Organization to launch Hillhaven on Jan 20; prices from $1,907 psf
Hillhaven’s citizens will most likely have access to greater than 30 facilities, consisting of a 50m swimming pool, a pickleball court, a city garden for citizens, a dedicated cyclists’ area, and barbecue canopies that all come with a backyard and spa swimming pool.
In a Jan 10 press release, Far East Organization says early-bird prices for the units start from $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 fills an area covering 111,945 sq ft. It consists of 2 towers, rising at 27 and 28 floors tall, aligned with north-south facing. The 99-year leasehold project is expected to get its temporary work authorization by 3Q2027.
” The Hillview community has constantly demonstrated property worth assessment for many years,” claims Eugene Lim, key directing officer at ERA. Considering that median rates in District 23 climbed 44.8% between 2019 and 2023, Lim assumes Hillhaven sticks out as a luring lead for home customers. “Supplying prompt accessibility and connectivity, Hillhaven capitalises on the precinct’s performance history, making it an appealing selection for those seeking a sound assets.”
The project is a four-minute stroll to Hillview MRT Terminal on the Downtown Line. Different nearby services include the Hillview Community Club and malls consisting of HillV2, The Rail Shopping Center, West Shopping Center, Hillion Shopping Mall and Junction 10. Nature and recreation parks like Bukit Timah Nature Reserve, Dairy Farm Nature Park, and Bukit Batok Nature Park are also inside walking distance.
Far East Organization and its joint-venture partner, Sekisui House, will start Hillhaven, their 341-unit residential project in District 23’s Hillview area, available for sale on Jan 20. The property development, which launched for preview recently, observed around 2,000 sales gallery site visitors during its initial sneak peek weekend break of Jan 5 to 7.
To accomplish BCA’s Green Mark Platinum Super Low Power rating, Hillhaven is going to integrate green features such as energy-efficient air-conditioning devices, panels mounted on-site, and smart demand controls for lights and air-conditioning in common spots.
Mark Yip, Chief Executive Officer of Huttons Asia, notes that Far East Organization is “very acquainted with the Hillview place”, having built property developments in the vicinity including Hillvista, The Lanai, The Hillier and HillV2. He adds in: “Without new supply of private residences in Hillview, it emphasizes the unique and unique quality of this district as a housing enclave.”
Ismail Gafoor, Chief Executive Officer of PropNex, sees that Hillhaven has actually gotten solid interest from potential buyers, reinforced by its place near the Hillview MRT Stop. “Considering plans that were released in 2023, we mention that those that are within a short strolling proximity (less than 5 minutes’ walking) to an MRT station have succeeded and enjoyed strong take-up rates, regardless of the tentative buying sentiment during the year,” he claims.
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. Selected 3- and four-bedroom units are going to have double-volume ceilings in the living and eating parts.
School near Hillhaven include CHIJ Our Lady Queen of Peace (inside 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 Academy Singapore.
” At Hillhaven, we have designed more than a home,” says Shaw Lay See, COO of the sales and renting group at Far East Organization. “Surrounded by rich plant, yet tactically attached to nearby retail, eating, schooling and nature and exterior leisure options, Hillhaven is the ideal dwelling for those seeking a calm break from the urban hustle without risking on access to necessary services.”
The proposal is also poised to benefit from its location nearby the Jurong Innovation and Lake Districts, points out Ken Low, handling companion of SRI. He continues: “The upcoming Tengah township, with greater than 30,000 brand-new public homes planned, will also flaunt strong future backup demand for Hillhaven.”