Hillview Peak – Hillview Ave has seen a surge in property activity and came to life from the launch of new property development projects developers has set in the pipeline in this enclave. Most of the project launched will be ready for occupation in the next few years which will boost the desirability of the location for surrounding condominiums. One of the latest addition to the series of condo is Hillview Peak by Kingsford Development Pte Ltd.
Kingsford Hillview Peak will boost a total of 512 units of apartment on a total site area of 136,148 sqft. Property consultants predicts that this new condominum will likely boost the desirability of the area for the upper-middle class who are house-hunting in the district. Given that the surrounding projects in the proximity of the Hillview Peak are mostly 10 years old, this new condominium will also appeal to those who are looking for a new home instead of moving into an older development.
Projects that has launched recently around the Hillview Peak land parcel includes The Hillier by the Far East Organization, which successfully sold 90% of their 528 units at a median price of $1,267 per sqft up till date.
Amenities Surrounding Hillview Peak
Education Institutes Nearby:
- CHIJ Bukit Timah
- Assumption English School
- Chestnut Drive Secondary
- St Francis Methodist School
- Pei Hwa Presbytarian Primary School
- German European School Singapore (Primary School Campus)
Shopping Malls:
- Junction Ten
- The Rail Mall
- West Mall (Bukit Batok)
- Bukit Panjang Plaza
- Hill V 2 (Under Construction)
- Cold Storage (Rail Mall)
- Bukit Timah Nature Reserve
- Bukit Batok Nature Reserve
- Dairy Farm Nature Park
- Hillview MRT (Under Construction, estimated completion 2015)
Reasons Why You Should Or Should Not Buy A Unit At Hillview Peak
Albeit the red hot property market, buyers should also consider these factors before they make a commitment:
Why You Should Invest In Hillview Peak?
- Can command good rental yield from demand of nearby international schools
- Within 1km radius of the upcoming Hillview MRT, very high potential for capital appreciation
- Has good connectivity to major expressway (PIE, BKE)
- Good number of shopping centers nearby
- Greenery surroundings and near nature reserves
- Cheaper per square foot compared to other new launches nearby
- New launch discounts
- 99 Year lease-hold
- Higher capital layout with new government rulings
- Price estimated to be slightly higher than older development in the vicinity
- Tighter loan ceilings