Weekend previews of The Arcady at Boon Keng and Hillhaven – first new projects of 2024 – attract over 5,000 visitors on opening weekend
Hillhaven consists of a mix of two- to four-bedroom unit kinds ranging from 678 sq ft to 1,636 sq ft. The project has been open for preview since Saturday Jan 6 and over 2,000 guests have been to the showflat over the Jan 6 and 7 weekend break.
The Arcady at Boon Keng is a freehold development situated on Serangoon Road in Area 12. The 172-unit condominium is a redevelopment of the previous Euro-Asia Flats which was bought enbloc for $222.18 million in 2022 by a consortium guided by local property developer KSH Holdings. Other joint business partners include SLB Development and H10 Holdings.
Beyond 3,000 site visitors flock the showflat of The Arcady at Boon Keng on its launching preview on Jan 6 and 7 regardless of the wet weather condition over the weekend break. Another brand-new project, Hillhaven positioned at Hillview Rise, viewed about 2,000 clients visit its showflat this weekend.
Far East Company and Sekisui House were granted the place in November 2022 when they provided the top deal of $320.78 million for the government land sale (GLS) site. Despite the fact that the developers have actually not publicly discussed the anticipated selling price of Hillhaven, EdgeProp Singapore estimates that the proposal will have a breakeven price of $2,035 psf.
Consumers preview is going to proceed until Thursday Jan 18 and the open booking of units are going to begin on Saturday Jan 20.
The new property comprises a mix of one-bedroom plus study units to four-bedroom plus study units, ranging from 527 sq ft to 1,625 units. There are additionally two penthouse units of 2,433 sq ft and 2,583 sq ft. The developers state that prices will begin with $2,500 psf.
Responding to media queries from EdgeProp Singapore, a KSH Holdings spokesperson states that the developers are ‘delighted’ finding the solid reaction from customers to their project, including that the sales group were surprised by the solid response and added discussion tables to suit the crowd have been deployed all over the showflat.
The Hill @ One North floor plan
The weekend also viewed the preview of Hillhaven, a 99-year leasehold property development that is collectively developed by Singapore real property giant Far East Organization and Japanese company Sekisui House. The 341-unit property development lies at Hillview Rise in District 23.
The preview of The Arcady at Boon Keng and Hillhaven are the first 2 brand-new properties to view this year. Hence, the good turn-out of possible customers sends a solid signal to the marketplace that community purchasers are eager to start the fresh start market this year.