Weekend previews of The Arcady at Boon Keng and Hillhaven – first new projects of 2024 – attract over 5,000 visitors on opening weekend
The new property comprises a mix of one-bedroom plus study units to four-bedroom as well as study units, varying from 527 sq ft to 1,625 units. There are likewise 2 penthouse sections of 2,433 sq ft and 2,583 sq ft. The builders claim that costs will start from $2,500 psf.
At least 3,000 guests thronged the showflat of The Arcady at Boon Keng on its launching preview on Jan 6 and 7 regardless of the wet climate over the weekend. Another new venture, Hillhaven situated at Hillview Rise, viewed about 2,000 people drop by its showflat this weekend.
Answering to media queries from EdgeProp Singapore, a KSH Holdings representative says that the developers are ‘thrilled’ seeing the strong reaction from customers to their business, adding in that the sales team were surprised by the strong reaction and added conversation tables to suit the group have been released all over the showflat.
People sneak peek is going to continue up until Thursday Jan 18 and the common booking of units are going to begin on Saturday Jan 20.
The weekend also observed the preview of Hillhaven, a 99-year leasehold property development that is mutually developed by Singapore real estate giant Far East Company and Japanese firm Sekisui House. The 341-unit property development stands at Hillview Rise in District 23.
The preview of The Arcady at Boon Keng and Hillhaven are the initial 2 brand-new properties to view this year. Therefore, the solid turn-out of potential purchasers sends a solid signal to the marketplace that town customers are eager to kickstart the fresh launch market this year.
The Arcady at Boon Keng is a freehold project situated on Serangoon Road in District 12. The 172-unit residence is a redevelopment of the former Euro-Asia Condos which was bought enbloc for $222.18 million in 2022 by a consortium led by local real property builder KSH Holdings. Different joint business partners include SLB Development and H10 Holdings.
Hillhaven makes up a mix of two- to four-bedroom unit kinds ranging from 678 sq ft to 1,636 sq ft. The project has actually been open for preview ever 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 awarded the site in November 2022 when they submitted the top offer of $320.78 million for the government land sale (GLS) site. Despite the fact that the builders have actually not openly discussed the anticipated selling price of Hillhaven, EdgeProp Singapore approximates that the property will have a breakeven rate of $2,035 psf.