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 development situated on Serangoon Road in Area 12. The 172-unit condominium is a redevelopment of the former Euro-Asia Flats which was purchased enbloc for $222.18 million in 2022 by a consortium led by community property builder KSH Holdings. Different shared business associates include SLB Development and H10 Holdings.
The brand-new plan consists of a mix of one-bedroom plus study units to four-bedroom plus study units, varying 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 say that rates will most likely begin with $2,500 psf.
The public sneak peek will proceed until Thursday Jan 18 and the public booking of units are going to begin on Saturday Jan 20.
Answering to media inquiries from EdgeProp Singapore, a KSH Holdings representative states that the builders are ‘delighted’ finding the solid response from customers to their venture, adding in that the sales group were actually caught off-guard by the solid reaction and extra dialogue tables to suit the crowd have been set up all over the showflat.
At least 3,000 visitors thronged the showflat of The Arcady at Boon Keng on its opening sneak peek on Jan 6 and 7 regardless of the wet weather condition over the weekend break. Another new venture, Hillhaven positioned at Hillview Rise, viewed about 2,000 clients come by its showflat this saturday and sunday.
Far East Company and Sekisui House were awarded the place in November 2022 when they sent the top deal of $320.78 million for the government land sale (GLS) site. Although the builders have not openly shared the assumed market price of Hillhaven, EdgeProp Singapore approximates that the project will certainly have a breakeven cost of $2,035 psf.
Hillhaven makes up 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 visitors have actually been to the showflat over the Jan 6 and 7 weekend break.
The weekend also observed the preview of Hillhaven, a 99-year leasehold property development that is jointly developed by Singapore property giant Far East Company and Japanese company 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. Hence, the strong turn-out of potential buyers sends a solid indicator to the marketplace that town buyers are keen to kickstart the brand-new start market this year.