Hillion Residences, the first mixed-use development in western Singapore, was launched by property developer Sim Lian on 21 March. The 99-year leasehold private condominium, which is located in Bukit Panjang seeks to integrate residential living with a retail mall and an air-conditioned bus interchange.
Hillion Residences will also be linked to the existing LRT station and the upcoming Bukit Panjant MRT station in 2015.
The project consists of 546 units, which are made up of one- to four-bedroom units and penthouses, distributed across three residential blocks.
A total of 250 units will be released for sale in Phase One, with a discount of up to 10 per cent offered for the initial launch.
50 per cent of these 250 units have already been sold since its preview on Monday. The preview was open to business associates and buyers who registered their interest early.
According to the property developer, prices start from S$668,000 for a single-bedroom unit, S$886,000 for a two-bedroom unit and S$1,464,000 for a three-bedroom unit. Penthouses start at S$2,780,000.
Hillion Residences is located near schools like CHIJ (Our Lady Queen of Peace) and Zhenghua Primary School.
Kuik Sing Beng, executive director of Sim Lian Group, believes that the development will be attractive to a diverse range of home buyers, amongst them “families and HDB-upgraders, singles and retirees seeking convenience and investors seeking to enhance the value of their property portfolio.”
The development is expected to receive its Temporary Occupation Permit in September 2018.