{"id":71218,"date":"2023-12-11T18:33:14","date_gmt":"2023-12-11T10:33:14","guid":{"rendered":"https:\/\/www.99.co\/singapore\/insider\/?p=71218"},"modified":"2023-12-11T18:33:14","modified_gmt":"2023-12-11T10:33:14","slug":"hillock-green-a-promising-addition-to-lentor-hills-estate","status":"publish","type":"post","link":"https:\/\/www.99.co\/singapore\/insider\/hillock-green-a-promising-addition-to-lentor-hills-estate\/","title":{"rendered":"Hillock Green: A promising addition to Lentor Hills estate"},"content":{"rendered":"
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Hillock Green<\/a>, the latest residential venture in the vibrant Lentor Hills estate, has made a significant impact, selling an impressive 27% of its 474 units during its launch weekend. In this review, we delve into the project’s key features, market positioning, and the factors contributing to its promising initial success.<\/span><\/p>\r\n\r\n\r\n\r\n

\"Interest<\/a>\r\n
Image credit: Forsea Holdings, United Engineers Ltd (UEL), and Soilbuild Group Holdings.<\/figcaption>\r\n<\/figure>\r\n\r\n\r\n\r\n

Interest and buyer profiles for Hillock Green<\/strong><\/h2>\r\n\r\n\r\n\r\n

Interest in Hillock Green has been substantial, with approximately 273 cheques collected prior to the launch, reflecting a robust demand for this development. The 131 units sold on the launch day demonstrate a conversion rate of 48%.<\/span><\/p>\r\n\r\n\r\n\r\n

The diverse buyer profile includes upgraders, first-time homebuyers, and investors from various regions of Singapore. Many prospective buyers living within the Ang Mo Kio<\/a> Planning Area and the northeast region have shown keen interest in Hillock Green.<\/span><\/p>\r\n\r\n\r\n\r\n

As a significant number of HDB units in the north have recently reached their minimum occupation period (MOP), these upgraders are eyeing private homes in the same vicinity, indicating a trend of HDB upgraders within the district.<\/span><\/p>\r\n\r\n\r\n\r\n

Hillock Green location review<\/strong><\/h2>\r\n\r\n\r\n\r\n
\"Hillock<\/a><\/figure>\r\n\r\n\r\n\r\n

Accessibility and connectivity<\/strong><\/h3>\r\n\r\n\r\n\r\n

Positioned strategically, Hillock Green stands out as one of the last plots in the Lentor Hills estate.<\/span><\/p>\r\n\r\n\r\n\r\n

One of the key draws of Hillock Green is its strategic location near the Lentor MRT station (TE8) on the Thomson-East Line<\/a>. This ensures not only convenient access to public transportation but also positions residents at the heart of a well-connected network.<\/p>\r\n\r\n\r\n\r\n

As the upcoming North-South Corridor<\/a> gears up for completion in 2027, Hillock Green is poised to experience a new level of connectivity. This corridor isn’t just about roads; it’s a comprehensive infrastructure project that will bring dedicated bus lanes, cycling trunk routes, and pedestrian paths, seamlessly integrating Hillock Green into the city’s pulse.<\/p>\r\n\r\n\r\n\r\n

\"Hillock<\/a>\r\n
Image credit: Google Maps<\/figcaption>\r\n<\/figure>\r\n\r\n\r\n\r\n

Education<\/strong><\/h3>\r\n\r\n\r\n\r\n

For families considering Hillock Green as their home, the proximity to esteemed educational institutions adds another layer of appeal. Mayflower Primary School, Anderson Primary School, CHIJ St Nicholas Girls\u2019 Primary School, Ang Mo Kio Secondary, Presbyterian High, and CHIJ St Nicholas Girls\u2019 Secondary are all within reach.<\/p>\r\n\r\n\r\n\r\n

The convenience of having quality educational options nearby ensures that families can provide their children with an enriching learning environment without compromising on accessibility.<\/p>\r\n\r\n\r\n\r\n

\"Seletar<\/a>\r\n
Image credit: JTC<\/figcaption>\r\n<\/figure>\r\n\r\n\r\n\r\n

Seletar Aerospace Park proximity<\/b><\/h3>\r\n\r\n\r\n\r\n

An additional draw for potential residents is the close proximity (11-minute drive via <\/span>Yio Chu Kang Rd<\/span>) to the Seletar Aerospace Park. This factor may appeal to those seeking residential rental opportunities or owner-occupiers looking to live in close proximity to their workplace within the aerospace park.<\/span><\/p>\r\n\r\n\r\n\r\n

\"Dining<\/a><\/figure>\r\n\r\n\r\n\r\n

Food and market proximity<\/strong><\/h3>\r\n\r\n\r\n\r\n

Food enthusiasts will find Hillock Green to be strategically located, offering a delectable array of culinary delights within easy reach. The surrounding area boasts various food centres and markets, such as the vibrant 628 Ang Mo Kio Market & Food Centre, the bustling Mayflower Market & Food Centre, and the charming Sembawang Hills Food Centre. <\/span><\/p>\r\n\r\n\r\n\r\n

For those with a taste for the extraordinary, the renowned Springleaf Prata Place is just a swift MRT ride away from the Lentor MRT<\/a>.<\/span><\/p>\r\n\r\n\r\n\r\n

\"Hillock<\/a>\r\n
Artist impression of Hillock Green living\/dining room<\/figcaption>\r\n<\/figure>\r\n\r\n\r\n\r\n

Hillock Green sales transaction trends<\/strong><\/h2>\r\n\r\n\r\n\r\n

To understand the market dynamics, let’s explore the sales transaction trends in Hillock Green.\u00a0<\/span><\/p>\r\n\r\n\r\n\r\n

\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n
Transaction Price<\/b><\/td>\r\nFloor Land Area (sqm)<\/b><\/td>\r\nUnit Price PSF<\/b><\/td>\r\nBlock<\/b><\/td>\r\n<\/tr>\r\n
S$2,883,000<\/span><\/td>\r\n122.975<\/span><\/td>\r\nS$2,178<\/span><\/td>\r\n22<\/span><\/td>\r\n<\/tr>\r\n
S$2,819,000<\/span><\/td>\r\n121.9812<\/span><\/td>\r\nS$2,147<\/span><\/td>\r\n22<\/span><\/td>\r\n<\/tr>\r\n
S$2,734,000<\/span><\/td>\r\n121.9966<\/span><\/td>\r\nS$2,082<\/span><\/td>\r\n22<\/span><\/td>\r\n<\/tr>\r\n
S$2,719,000<\/span><\/td>\r\n121.9717<\/span><\/td>\r\nS$2,071<\/span><\/td>\r\n22<\/span><\/td>\r\n<\/tr>\r\n
S$2,704,000<\/span><\/td>\r\n122.0057<\/span><\/td>\r\nS$2,059<\/span><\/td>\r\n22<\/span><\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n
Table 1 indicates the top 5 highest transactions in Hillock Green so far (as of 23rd November 2023)<\/span><\/figcaption>\r\n<\/figure>\r\n\r\n\r\n\r\n
\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n
Transaction Price<\/b><\/td>\r\nFloor Land Area (sqm)<\/b><\/td>\r\nUnit Price PSF<\/b><\/td>\r\nBlock<\/b><\/td>\r\n<\/tr>\r\n
S$1,085,000<\/span><\/td>\r\n47.9999<\/span><\/td>\r\nS$2,100<\/span><\/td>\r\n26<\/span><\/td>\r\n<\/tr>\r\n
S$1,100,000<\/span><\/td>\r\n48.0006<\/span><\/td>\r\nS$2,129<\/span><\/td>\r\n26<\/span><\/td>\r\n<\/tr>\r\n
S$1,112,000<\/span><\/td>\r\n48.0057<\/span><\/td>\r\nS$2,152<\/span><\/td>\r\n26<\/span><\/td>\r\n<\/tr>\r\n
S$1,119,000<\/span><\/td>\r\n47.9956<\/span><\/td>\r\nS$2,166<\/span><\/td>\r\n26<\/span><\/td>\r\n<\/tr>\r\n
S$1,126,000<\/span><\/td>\r\n48.0077<\/span><\/td>\r\nS$2,179<\/span><\/td>\r\n26<\/span><\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n
Table 2 indicates the 5 lowest transactions in Hillock Green since launch (as of 23rd November 2023)<\/span><\/figcaption>\r\n<\/figure>\r\n\r\n\r\n\r\n

Looking closer at the two blocks, Block 22 mostly has pricier transactions compared to Block 26. This can due to the fact that Block 22 has a higher number of premium 4 bedrooms, whereas Block 26 only has one premium stack.\u00a0<\/span><\/p>\r\n\r\n\r\n\r\n

As such, the premium 4-bedroom properties in Block 22 seem to range from S$2,704,000 to S$2,883,000. Conversely, Block 26 transactions range from S$1,085,000 to S$1,126,000. <\/span>For a clearer perspective, it’s worth noting that the average price for condos in District 23 is S$1,878,987.<\/p>\r\n\r\n\r\n\r\n

Hence, it’s safe to say that Hillock Green offers a more diverse and affordable price range for prospective homeowners.<\/p>\r\n