Weekend previews of The Arcady at Boon Keng and Hillhaven – first new projects of 2024 – attract over 5,000 visitors on opening weekend

The weekend also observed the preview of Hillhaven, a 99-year leasehold property development that is mutually developed by Singapore property giant Far East Organization and Japanese business Sekisui House. The 341-unit property development lies at Hillview Rise in District 23.

More than 3,000 site visitors flock the showflat of The Arcady at Boon Keng over its launching sneak peek on Jan 6 and 7 regardless of the wet weather condition over the weekend break. Another brand-new venture, Hillhaven situated at Hillview Rise, viewed about 2,000 clients visit its showflat this weekend.

Far East Organization and Sekisui House were granted the place in November 2022 when they sent the leading offer of $320.78 million for the government land sale (GLS) site. Even though the builders have not freely discussed the assumed selling price of Hillhaven, EdgeProp Singapore predicts that the proposal will certainly have a breakeven rate of $2,035 psf.

The Arcady at Boon Keng is a freehold development located on Serangoon Roadway in District 12. The 172-unit condo is a redevelopment of the previous Euro-Asia Apartments which was purchased enbloc for $222.18 million in 2022 by a consortium guided by community property builder KSH Holdings. Different joint business associates consist of SLB Development and H10 Holdings.

The preview of The Arcady at Boon Keng and Hillhaven are the initial two brand-new ventures to preview this year. Hence, the solid turn-out of prospective purchasers sends out a strong sign to the marketplace that town customers are eager to start the brand-new start market this year.

Responding to media questions from EdgeProp Singapore, a KSH Holdings spokesperson says that the property developers are ‘delighted’ finding the strong action from customers to their business, including that the sales team were actually surprised by the solid response and additional conversation tables to suit the group have been deployed throughout the showflat.

Consumers preview will continue till Thursday Jan 18 and the public booking of units are going to begin on Saturday Jan 20.

Midtown Bay condo

Hillhaven consists of a mix of 2- to four-bedroom unit types varying from 678 sq ft to 1,636 sq ft. The project has been open for preview since Saturday Jan 6 and over 2,000 viewers have been to the showflat over the Jan 6 and 7 weekend.

The new project comprises a blend of one-bedroom plus study units to four-bedroom plus study units, varying from 527 sq ft to 1,625 units. There are likewise two penthouse sections of 2,433 sq ft and 2,583 sq ft. The developers claim that costs will most likely begin with $2,500 psf.


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