Hillhaven Units Sold
our consideration
Our Verdict
Hillhaven Condominium presents a promising investment opportunity with its strategic location in the Bukit Batok area of District 23. The development boasts easy access to transportation with the Hillview MRT station just a 4-minute walk away, providing convenience for residents. Furthermore, the upcoming Cross Island Line interchange at King Albert Park adds to the long-term value of the property.
Unit mix and size at Hillhaven are well-balanced, catering to various needs with a focus on family-centric layouts. The inclusion of rare facilities like a rock climbing facility and pickleball court sets Hillhaven apart from other condominium projects, appealing to modern lifestyle preferences.
In terms of affordability, Hillhaven offers competitive pricing starting from $1,903 per square foot, making it an attractive option within the District 23 area. The lack of 1-Bedroom units suggests a deliberate move towards attracting families and potential HDB upgraders, aligning with the surrounding demographic.
The standout feature of Hillhaven is its exceptional location score, primarily due to its proximity to essential amenities such as HillV2 mall, schools like CHIJ Our Lady Queen of Peace, and nature parks like the Rail Corridor and Bukit Timah Nature Reserve. These factors significantly enhance the quality of life for residents.
Overall, Hillhaven Condominium receives a strong rating, reflecting its potential as a sound investment choice in the vibrant District 23 area. With thoughtful planning, a focus on modern amenities, and a prime location, Hillhaven presents a compelling opportunity for both investors and homebuyers seeking a well-rounded living experience in Singapore.
Nestled in the tranquil enclave of Hillview, Hillhaven Condo offers a perfect blend of modern living and nature’s tranquility. Developed jointly by Far East Organization and Sekisui House, this 99-year leasehold condominium development boasts a total of 341 units spread across 2 to 4-bedroom configurations. With an estimated TOP in Q3 2027, Hillhaven promises a luxurious lifestyle in a well-connected neighborhood.
Factsheet
- Developer: Far East Organization and Sekisui House
- Address: 5, 7 Hillview Rise, District 23
- Tenure: 99 years commencing from 13 February 2023
- Site Area: 140,760 sq ft
- Plot Ratio: 2.8
- Number of Units: 341 units (2-4 bedrooms)
- Number of Storeys: Tower A (27 storeys), Tower B (28 storeys)
- Estimated TOP: Q3 2027
- Car Park Lots: 341 car park lots, including EV and handicapped lots
- Architect: Arc Studio Architecture & Urbanism Pte Ltd
Location & Transport Links
Hillhaven’s strategic location offers residents easy access to the Hillview MRT station on the Downtown Line, just a 5-minute walk away. This connectivity ensures seamless travel to various shopping destinations like Beauty World and Bukit Panjang. Additionally, major expressways like the BKE and PIE are within a short drive, providing convenient access to key commercial hubs.
Transport Links
The development’s location offers efficient bus services, connecting residents to nearby shopping malls, schools, leisure attractions, and public transportation hubs. Hillhaven is also well-connected by major expressways such as the Pan Island Expressway (PIE) and Bukit Timah Expressway (BKE), making it convenient for residents who drive. The Hillview MRT Station, part of the Downtown Line, is just a short walk away, providing direct access to the city centre.
Proximity to Amenities
Residents of Hillhaven will enjoy close proximity to a variety of amenities. Shopping and dining options are readily available at nearby malls such as HillV2, The Rail Mall, and Junction 10. For nature lovers, the development is surrounded by several nature parks and reserves, including Bukit Timah Nature Reserve and Bukit Batok Town Park, offering ample opportunities for outdoor activities.
Educational Institutions
Families with school-going children will find several reputable education institutions in the vicinity, including CHIJ Our Lady Queen of Peace, Brighton Montessori @ Hillview, and St Francis Methodist School, providing a range of options for quality education.
Surrounding Amenities
Residents of Hillhaven will enjoy proximity to a myriad of amenities, including HillV2, a mixed-use development offering retail, dining, and service outlets just a stone’s throw away. Nature lovers will appreciate the nearby Bukit Timah Nature Reserve, Bukit Batok Town Park, and other green spaces for recreational activities and leisurely strolls.
Shopping and Dining
Hillhaven is well-positioned to offer its residents a variety of shopping and dining options. It is opposite the Hillview Community Centre, providing a wide array of facilities and activities. For shopping and casual dining, residents have easy access to HillV2, a shopping mall that is a 5-minute walk from the development, offering supermarket options and casual dining. Other nearby shopping destinations include The Rail Mall, Junction 10, Hillion Mall, and Bukit Panjang Plaza, which collectively provide a comprehensive range of shops, cafes, bistros, and more for convenient shopping trips and dining experiences.
Nature and Recreation
For those who appreciate the outdoors, Hillhaven is nestled in a peaceful enclave surrounded by nature reserves such as Bukit Timah Nature Reserve, Bukit Batok Town Park (also known as Little Guilin), and Dairy Farm Nature Park. These green spaces offer residents tranquil outdoor escapes for recreation and relaxation, perfect for weekend unwinding and connecting with nature.
Connectivity
Hillhaven boasts excellent connectivity through public transportation and major expressways. It is just a 4-minute walk to Hillview MRT Station on the Downtown Line (DTL), offering direct access to the city center2. The development is also well-connected by bus services and is accessible via major expressways like the Bukit Timah Expressway (BKE) and Kranji Expressway (KJE), facilitating easy travel for residents who drive.
Community and Lifestyle
The nearby Hillview Community Club offers a wide range of community activities and amenities, enhancing the quality of life for residents. Additionally, the development’s strategic location and the abundance of nearby amenities ensure a desirable and convenient lifestyle for its residents.
Unit Mix & Pricing Strategy
The unit mix at Hillhaven caters to diverse preferences, ranging from cozy 2-bedroom layouts to spacious 4-bedroom configurations. With prices starting from $1,903 psf, the average sales price is expected to be between $2,000 psf to $2,100 psf, making it an attractive investment opportunity in the flourishing District 23.
| Unit Type | No. of Units | Size (sqm) Range | Size (sq ft) Range |
|---|---|---|---|
| 2 Bedroom + 2 Bath (B1, B2, B3) | 134 | 63 – 67 | 678 – 721 |
| 2 Bedroom + Study (B4) | 48 | 74 | 797 |
| 3 Bedroom (C1) | 27 | 88 & 106 | 947 & 1,141 |
| 3 Bedroom + Study (C2, C3, C4) | 78 | 89 – 111 | 958 – 1,195 |
| 4 Bedroom (D1, D2) | 54 | 117 – 152 | 1,259 – 1,636 |
| Total | 341 |
| Unit Type | Price From (SGD$) |
|---|---|
| 2 Bedroom + 2 Bath | From $1.404M |
| 2 Bedroom + Study | From $1.626M |
| 3 Bedroom | From $1.885M |
| 3 Bedroom + Study | From $1.963M |
| 4 Bedroom | From $2.493M |
Potential Selling Points
Hillhaven’s appeal lies not only in its luxurious offerings but also in its promising location near upcoming developments like The Reserve Residences and the vibrant Beauty World precinct. The transformation plans for the area indicate potential capital appreciation, making it an enticing prospect for homebuyers and investors alike.
Strategic Location and Connectivity
- Proximity to MRT: Hillhaven is just a 4-minute walk away from Hillview MRT station on the Downtown Line (DTL), offering excellent connectivity to the rest of Singapore.
- Access to Major Expressways: The development is well-connected by major expressways such as the Bukit Timah Expressway (BKE) and Kranji Expressway (KJE), facilitating easy travel for residents who drive.
Close to Nature and Recreational Areas
- Nature Parks: Residents can enjoy the tranquility and greenery of nearby nature reserves such as Bukit Timah Nature Reserve, Dairy Farm Nature Park, and Bukit Batok Nature Park.
- Recreational Activities: The proximity to these parks provides ample opportunities for outdoor activities, making it an ideal location for nature lovers and fitness enthusiasts.
Comprehensive Amenities
- Shopping and Dining: Hillhaven is situated near various shopping malls like HillV2, The Rail Mall, and Junction 10, offering a wide range of retail, dining, and entertainment options.
- Educational Institutions: The development is close to several reputable educational institutions, including CHIJ Our Lady Queen of Peace, Brighton Montessori @ Hillview, and St Francis Methodist School, providing quality education options for residents2.
Unique Development Features
- Rare Facilities: Hillhaven is thoughtfully designed with rare facilities that cater to the needs and preferences of its residents, enhancing the living experience.
- Quality and Innovation: The collaboration between Far East Organization and Sekisui House, both renowned for their commitment to quality craftsmanship and innovative design, ensures a high standard of living.
Investment Potential
- Limited Competition: With no upcoming condo launches within a 2km radius, competition for Hillhaven should remain minimal, potentially increasing its attractiveness to buyers.
- Proven Market Demand: The full sell-out of nearby developments like Midwood Condo indicates strong market demand in the Hillview area.
Future Development Potential
- URA Master Plan: Hillhaven’s location aligns with the URA Master Plan, promising new housing estates, quality amenities, and additional green spaces, which could enhance the area’s livability and property values7.
Drawbacks & Challenges
While Hillhaven boasts numerous advantages, potential drawbacks may include challenges related to its land size, pricing strategy in comparison to neighboring developments like Botany At Dairy Farm, and long-term investment potential amidst evolving market trends. Careful consideration of these factors is crucial for prospective buyers.
Slow Initial Sales Performance
Hillhaven’s launch was met with a slower start than anticipated, with only 59 out of the 179 units released being sold on its launch day, which translates to about 17% of the total 341 units. This slow uptake could be attributed to a variety of factors, including market conditions and buyer sentiment.
Noise Concerns
For some units, particularly those adjacent to the arrival court, there may be potential noise concerns. While this can be mitigated with noise reduction blinds or soundproof windows, it’s an aspect that buyers should consider, especially if they are sensitive to noise.
Layout Considerations
While the layouts of Hillhaven units are designed to be efficient, potential buyers should carefully consider the specific layouts of different unit types. For example, the AC ledge stretches across the common bathroom and study in some units, which, while providing natural ventilation, may also affect the usability of these spaces for some residents.
Market Risks and Regulatory Changes
The private residential market, including developments like Hillhaven, faces various market risks and regulatory changes. These can include fluctuations in property prices, changes in tax implications, and adjustments to ownership laws, all of which could impact buyers and investors.
Developer’s Track Record
Far East Organization and Sekisui House bring a wealth of experience and expertise to the table, with a proven track record of delivering high-quality residential projects like One Holland Village Residences and Boathouse Residences. Their commitment to excellence and innovation bodes well for the success of Hillhaven Condo.
Conclusion
In conclusion, Hillhaven Condo presents a compelling opportunity for homebuyers seeking a harmonious blend of modern living and natural serenity. With its prime location, exquisite amenities, and reputable developers at the helm, the project holds great potential for both immediate occupancy and long-term investment returns. Prospective buyers looking for a luxurious yet peaceful abode need look no further than Hillhaven Condo in District 23.
I heard about Hillhaven’s exclusive units and strategic location near important amenities like malls and nature reserves leh! Very attractive sia but got me thinking – does the lack of 1-Bedroom units affect potential rental yield or resale value in the long run ah? Plus at prices starting from $1,903 psf, must ensure can jiak simi tua eh compared to nearby developments like Beauty World precinct kan?
Hey Alexsg4,
I see your point about Hillhaven’s exclusive units and prime location near amenities! Let me address your concerns. The lack of 1-bedroom units in a development can indeed have an impact on rental yield or resale value, as they tend to attract different tenant profiles. However, this can vary depending on the overall market demand for such units in that area.
As for prices starting from $1,903 psf at Hillhaven compared to nearby developments in the Beauty World precinct, it’s essential to consider various factors like unit size, quality of finishes, facilities, and overall market trends. A detailed analysis would be needed to determine if the pricing is justified based on these aspects.
Thanks.
Wonder have you considered the potential rental yield of investing in Hillhaven compared to similar properties in the area? With its strategic location near essential amenities and transportation, do you think it’s a promising investment opportunity for rental income?
Hey there! Thanks for your insightful comment. You’ve hit the nail on the head—location, location, location, right? It’s like the holy trinity of real estate, and Hillhaven seems to be chanting the mantra quite convincingly.
I’ve definitely considered the potential rental yield when eyeing Hillhaven. It’s like playing Monopoly and landing on a property right before Park Place—strategically sweet! With Hillhaven being a hop, skip, and a jump away from Hillview MRT station, it’s like a magnet for the commute-conscious crowd. And let’s not forget the retail therapy and munchies fix that HillV2 mall offers, which is just a stone’s throw away. It’s like having a personal butler for your daily needs!
Now, when it comes to the rental yield, Hillhaven does seem to be flexing its muscles compared to its gym buddies in the area. It’s got those rare amenities that make it stand out in the condo crowd—rock climbing, anyone? Plus, with the Cross Island Line on the horizon, it’s like Hillhaven is getting ready for an infrastructure glow-up that could make it the belle of the ball for tenants in the future.
But let’s keep it real—investing is a bit like dating. You’ve got to look at the whole package and the long-term potential. Sure, Hillhaven has got the looks and the location, but it’s always wise to play the field and check out the competition. Keep an eye on the market trends, the rental demand, and maybe even consult a real estate matchmaker (also known as an agent) to make sure you’re making a love connection that’ll pay off.
In all seriousness, Hillhaven does tick a lot of boxes for a promising investment opportunity for rental income. But as with any investment, it’s all about doing your homework, looking at the numbers, and maybe crossing your fingers just a little. Thanks for engaging with the article, and keep those comments coming—it’s readers like you who keep the conversation more lively than a bidding war at an auction!
Hillhaven really aiming for the family market huh with no 1-Bedroom units. Steady move to attract those looking to level up from HDB flats eh? But with prices ranging from $2,000 to $2,100 psf average, sure not cheapest option around. Wonder how it stacks up against resale ECs price-wise in District 23? Got jio meh to consider value for money?
Hey there rmoneysg!
It’s great to see you engaging with the article. Hillhaven’s focus on larger units does indeed suggest a tilt towards families or those looking for more living space. Now, in terms of pricing ranging from $2,000 to $2,100 psf average, you’re right that it’s not the most budget-friendly option out there. As In 2023, the average price for District 23 was $1,327 psf, higher than the North Region ($1,279 psf) and District 25 ($1,118 psf).
When comparing Hillhaven to resale Executive Condominiums (ECs) in District 23 price-wise, do consider the unique selling points and facilities each property offers. Factors like location, amenities, and future development plans also play a crucial role in the value for money.
So, if you’re keen on exploring value for money options, it might be worth jotting down your priorities and doing a bit more research to see which one aligns best with what you’re looking for! Hope this sheds some light on your query.
Yo! What are your thoughts on Hillhaven’s potential for investment returns compared to nearby developments like The Reserve Residences? Considering the promising location near upcoming developments and transformation plans in the area, Hillhaven could indeed offer potential capital appreciation for both homebuyers and investors. It would be wise to keep an eye on how these factors play into the overall investment prospects.
Hey there! Thanks for dropping by with your thoughts—much like a seasoned investor eyeing the stock ticker, you’re spot on with your consideration of Hillhaven’s potential in the grand scheme of the property market.
Hillhaven’s investment potential is like a seed planted in fertile soil, thanks to its promising location. With the buzz of upcoming developments and the area’s transformation plans, it’s poised to blossom into a garden of opportunities for savvy investors and homebuyers alike.
Now, let’s talk about The Reserve Residences. It’s like the shiny new kid on the block with its integrated community hub and direct access to the Beauty World MRT station. It’s got that “new car smell” that’s hard to resist. But here’s where Hillhaven plays its ace—it’s like that classic car with timeless appeal. Its proximity to the Bukit Timah Nature Reserve and the future Cross Island Line’s Bukit Timah interchange station could make it a green sanctuary for nature lovers and a connectivity gem for commuters.
As for the investment returns, it’s a bit like baking a pie. The right ingredients—location, development plans, and timing—need to come together at the right temperature. Hillhaven’s got the ingredients and the oven is preheating with the area’s transformation. If the market conditions align, that pie could be golden and ready to serve up some tasty returns.
Keeping an eye on these factors is indeed wise. It’s like having a weather eye on the horizon; you can see the storm or sunshine coming and set your sails accordingly. Hillhaven, with its blend of greenery and connectivity, could very well be a port in a storm for those looking to anchor their investments in something solid.
In terms of investment potential, how does Hillhaven compare to other nearby developments like Botany At Dairy Farm? Considering market trends and future developments, what factors should prospective buyers take into account when assessing long-term returns on their investment in Hillhaven Condo?
Hey there! When it comes to weighing the investment potential of Hillhaven Condo against Botany At Dairy Farm, it’s crucial to delve into various factors. Let’s break it down for you:
Investment Potential of Hillhaven Condo:
1. Location and Connectivity: Hillhaven shines with its strategic spot near Hillview MRT Station and transport hubs, ensuring top-notch connectivity. On the flip side, Botany At Dairy Farm also holds its ground with access to the Downtown MRT Line and major expressways.
2. Amenities and Facilities: Offering a plethora of amenities like a 50m pool, gym, and urban farming areas, Hillhaven aims to cater to diverse needs. Meanwhile, Botany At Dairy Farm boasts premium facilities such as a lap pool, star-gazing lawn, and smart home systems.
3. Surrounding Environment: Nestled in a serene locale near nature parks, including Bukit Timah Nature Reserve, Hillhaven provides a tranquil living environment. Similarly, Botany At Dairy Farm harmonizes modern living with nature’s tranquility by being close to green spaces.
4. Developer Reputation: Developed by reputable names like Far East Organization and Sekisui House, Hillhaven boasts a strong track record. Likewise, Botany At Dairy Farm’s developer Sim Lian Group is known for quality construction and reliability.
5. Price Comparison: With its competitive average PSF of around $2,150, Hillhaven stands out in the market range for new developments in the area. On the other hand, Botany At Dairy Farm offers slightly lower prices at an estimated $1,850 to $1,900 PSF.
6. Future Developments: Anticipating benefits from upcoming transformations at Beauty World and Integrated Transport Hub development can enhance Hillhaven’s vibrancy and property values. Similarly, Botany At Dairy Farm is poised for capital appreciation backed by nearby developments and infrastructure improvements.
7. Market Trends: District 23 has shown steady property price increases over the past decade with an average gain of +61.4%, indicating healthy appreciation potential for both Hillhaven and Botany At Dairy Farm.
8. Rental Yield: Expect good rental yields due to proximity to transport hubs and amenities at Hillhaven; similarly strong rental potential exists for Botany At Dairy Farm with its strategic location.
In conclusion – both properties offer solid investment opportunities based on various factors such as location advantages, amenities offered, developer credibility, pricing competitiveness & future growth prospects! It ultimately boils down to your preferences & investment goals – whether you prefer the strategic appeal of Hillhaven or the affordability mixed with potential at Botany At The Dairy Farm!