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

The Arcady at Boon Keng is a freehold property development situated on Serangoon Roadway in District 12. The 172-unit condo is a redevelopment of the previous Euro-Asia Condos that was bought enbloc for $222.18 million in 2022 by a consortium led by community real property builder KSH Holdings. Other mutual business associates consist of SLB Development and H10 Holdings.

The public preview is going to continue up until Thursday Jan 18 and the public reservation of units will begin on Saturday Jan 20.

The new property makes up a mix of one-bedroom and also study units to four-bedroom plus study units, extending from 527 sq ft to 1,625 units. There are additionally two penthouse sections of 2,433 sq ft and 2,583 sq ft. The developers state that rates will most likely start from $2,500 psf.

Far East Company and Sekisui House were granted the area in November 2022 when they sent the top offer of $320.78 million for the government land sale (GLS) site. Despite the fact that the developers have not freely shared the expected asking price of Hillhaven, EdgeProp Singapore approximates that the project will certainly have a breakeven cost of $2,035 psf.

Tembusu Grand Jalan Tembusu Road

The preview of The Arcady at Boon Keng and Hillhaven are the initial 2 brand-new ventures to preview this year. Thus, the solid turn-out of potential customers sends a strong indicator to the marketplace that community purchasers are eager to start the new release market this year.

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

Beyond 3,000 visitors thronged the showflat of The Arcady at Boon Keng over its opening sneak peek on Jan 6 and 7 regardless of the wet climate over the weekend break. Another new project, Hillhaven situated at Hillview Rise, saw about 2,000 clients drop by its showflat this weekend.

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

Replying to media queries from EdgeProp Singapore, a KSH Holdings speaker states that the developers are ‘excited’ experiencing the solid feedback from purchasers to their project, adding that the sales team were actually caught off-guard by the solid reaction and additional dialogue tables to accommodate the group have been set up throughout the showflat.

error: Content is protected !!