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 based on Serangoon Roadway in Area 12. The 172-unit residence is a redevelopment of the prior Euro-Asia Flats that was purchased enbloc for $222.18 million in 2022 by a consortium guided by community real estate developer KSH Holdings. More shared business partners consist of SLB Development and H10 Holdings.

The new plan comprises a blend of one-bedroom plus 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 prices will most likely begin with $2,500 psf.

Far East Company and Sekisui House were granted the place in November 2022 when they submitted the leading deal of $320.78 million for the government land sale (GLS) site. Although the developers have not freely discussed the expected selling price of Hillhaven, EdgeProp Singapore approximates that the property will certainly have a breakeven price of $2,035 psf.

At least 3,000 guests flock the showflat of The Arcady at Boon Keng over its launching viewing on Jan 6 and 7 despite the wet weather condition over the weekend break. Another new project, Hillhaven located at Hillview Rise, viewed about 2,000 clients visit its showflat this weekend.

The sneak peek of The Arcady at Boon Keng and Hillhaven are the initial 2 new properties to view this year. Thus, the solid turn-out of potential purchasers sends out a strong sign to the market that local customers are keen to kickstart the new start market this year.

Kassia Condo Tripartite Developers Pte Ltd

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

Answering to media inquiries from EdgeProp Singapore, a KSH Holdings agent says that the builders are ‘thrilled’ seeing the solid feedback from purchasers to their venture, adding in that the sales team were surprised by the solid action and extra conversation tables to accommodate the crowd have been released throughout the showflat.

The public sneak peek is going to proceed until Thursday Jan 18 and the public reservation of units will commence on Saturday Jan 20.

Hillhaven consists of a mix of 2- to four-bedroom unit kinds varying 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 viewers have been to the showflat over the Jan 6 and 7 weekend break.


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