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 2- to four-bedroom unit types 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 visitors have actually been to the showflat over the Jan 6 and 7 weekend.
Far East Company and Sekisui House were granted the site 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 publicly shared the assumed selling price of Hillhaven, EdgeProp Singapore estimates that the project will certainly have a breakeven cost of $2,035 psf.
Replying to media inquiries from EdgeProp Singapore, a KSH Holdings speaker states that the developers are ‘excited’ experiencing the solid feedback from customers to their business, including that the sales group were caught off-guard by the strong action and additional conversation tables to fit the crowd have been released throughout the showflat.
The Arcady at Boon Keng is a freehold development situated on Serangoon Roadway in Area 12. The 172-unit condo is a redevelopment of the previous Euro-Asia Condos which was acquired enbloc for $222.18 million in 2022 by a consortium led by local real property developer KSH Holdings. More mutual venture partners include SLB Development and H10 Holdings.
The weekend also observed the preview of Hillhaven, a 99-year leasehold property development that is collectively developed by Singapore real property giant Far East Company and Japanese business Sekisui House. The 341-unit property stands at Hillview Rise in Area 23.
The brand-new project comprises a mix up of one-bedroom plus study units to four-bedroom plus study units, ranging 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 builders say that prices will start from $2,500 psf.
Beyond 3,000 guests thronged the showflat of The Arcady at Boon Keng over its launching viewing on Jan 6 and 7 in spite of the wet weather over the weekend. Another brand-new venture, Hillhaven located at Hillview Rise, saw about 2,000 people visit its showflat this saturday and sunday.
The sneak peek of The Arcady at Boon Keng and Hillhaven are the first 2 brand-new projects to preview this year. Hence, the solid turn-out of potential buyers sends out a strong signal to the marketplace that community purchasers are keen to kickstart the new launch market this year.
Consumers sneak peek is going to continue till Thursday Jan 18 and the open booking of units will commence on Saturday Jan 20.