Hillview Peak is a 512 unit apartment condominium tucked in lush greenery of Hillview area. This would be Kingsford Development’s first foray into Singapore residential market. Why is Hillview Peak particularly exciting as a brand new condominium that is about to join the ranks of Hillier and Lanai in refreshing the quiet and peaceful vicinity?
Short Project Summary
Project Name – Kingsford Hillview Peak
Tenure – 99 years leasehold commencing from 4th June 2012
Number of Units – 512
Type – Full Facilities Condominium consisting of one block of 26 Storey and 2 blocks of 12 storey residential apartments
Estimated Year of TOP – 2016 Q4
Address – 101, 103, 105 Hillview Rise
About the Developer
Kingsford Development (鑫丰地产) is setup in Hong Kong and is a branded enterprise in Shenyang China. The group comprises of many subsidiaries involved in wide range of business including property management, goods & materials manufacturing and property development arm. Kingsford Development had its first successful project Kingsford Garden (鑫丰花园) in 2000 and since then developed successfully many prestigious commercial and residential projects in China.
You can watch this 3-min presentation which is developed by Kingsford Development to convince yourself on the scale of projects which they undertake in their country.
Why Hillview Peak
The Developer’s First Project in Singapore
With Kingsford foray into the Singapore market and being the first project, I would suppose failure is never an option. Like one of our another reputable Chinese local developer, Kingsford has been showing vigour in increasing its land bank presence by participating very actively in the recent local GLS (Government Land Sales). Visiting the showroom you would feel the class and difference in how the developer actually placed emphasis in terms of quality built and presentation of Hillview Peak.
Last Plot of Land Along Hillview
This is the probably the last plot of land available from Government Land Sales (GLS Program) that is publicly available for developers to bid in the area. The next nearest upcoming piece of land around the area might be a possible private en bloc of Lam Soon Industrial Building which might not be cheap to acquire and redevelop.
1-minute walk to HillV2, the shopping mall which is just across the street with Cold Storage as one of its anchor tenant. Your MRT Station (Hillview MRT, DT3) is just 5 minutes away once the new road is ready for easement.
Apartments Well Designed
All your apartments in Hillview Peak enjoys North-South orientation. The strong benefits of this would be great ventilation and no west sun.
Great high ceilings for all apartments. Minimum height clearance of 3.3meters (as oppose to the usual 2.7m) which allows you to creatively make use of the higher ceilings for storages or artwork which you can employ. Higher ceilings usually tend to make the apartment feel bigger and definitely more natural light.
Branded fittings which is becoming the provision of almost all developers in Singapore. Your sanitary is Hansgrohe fitted, your bathroom sink is Kohler and your Kitchen sink is Franke retrofitted.
Effective usable space since there’s no household shelters and bay windows. You get what you pay for literally.
Price of 1-bedroom starts from only SGD720,000. Hillier (next door) is fully sold by Far East with remainder units transacting as high as 1700psf. We’ve seen the climb of the OCRs and RCRs in terms of pricing (J-Gateway averaged 1,500psf fully within a day), and with this comparison, it would seems attractive for a quality product which is just right next to the MRT station and lifestyle mall. It’s walking distance to amenities. You can literally throw a stone and hurt the wall of the mall and MRT Station if you’re not careful enough.
Find out more as well on the new Master Plan 2013 if you haven’t have any idea on what is expecting to come in November this year.