The Hillshore Price – Successful Tender Price

The Hillshore, previously known as Gloria Mansion, is an upcoming condominium situated at 292 Pasir Panjang Road in District 5. Fraxtor Capital secured Gloria Mansion via a collective acquisition amounting to $70.3 million. Spanning a total land area of 45,742 sq ft, The Hillshore boasts a plot ratio of 1.4, leading to a gross floor space of 64,039 sq ft (excluding the balcony).

Land LocationSUCCESSFUL SALE PRICEPER SQ FT PER PLOT RATIO
Pasir Panjang$70,300,000total site area of 45,742 sq ft with a plot ratio of 1.4. Its gross floor area without balcony is 64,039 sq ft.
Enbloc Land Price for The Hillshore Condo at Pasir Panjang By Fraxtor Capital

The Hillshore Price – Nearby Properties Transacted Price

In the evolving landscape of Pasir Panjang, several condominiums have emerged, providing residents with modern amenities and strategic locations. Let’s delve into a few notable ones situated within a 2km radius of The Hillshore, all of which are relatively new and not more than five years old.

  1. 24 ONE RESIDENCES is a freehold property completed in 2019, located just 890 meters away from The Hillshore. With a total of 24 units, its price range per square foot (psf) starts from S$1,922, averaging at S$1,976, and going up to S$2,029. Those looking for rental options can expect rates per month (pm) between S$6.94 and S$9.33, with an average rate of S$8.46. This condominium has shown a rental yield of 5.1% and an annualized capital gain of 2.6%. Interestingly, all transactions related to this property have been profitable, accounting for 100% profitable transactions.
  2. THE VERANDAH RESIDENCES, another freehold property, was completed in 2021 and is situated 922 meters from The Hillshore. It boasts 167 units, and foreign ownership stands at 4.5%. Potential buyers can anticipate a psf price range from S$1,981 to S$2,129, with an average of S$2,034. Rentals vary from S$4.62 to S$8.44 pm, averaging at S$6.89. The Verandah Residences has seen a rental yield of 4.1% and an annualized capital gain of 2.1%, with all its transactions being profitable.
  3. KENT RIDGE HILL RESIDENCES is set on a 99-year lease from 2018 and is projected for completion in 2023. Located 1,247 meters from The Hillshore, it houses 498 units. The price per psf ranges from S$1,803 to S$2,185, averaging at S$2,009. Monthly rentals are between S$4.29 and S$9.56, with an average of S$6.76. It reflects a rental yield of 4.0% and an annualized capital gain of 3.4%. Out of the total transactions, 83.3% have been profitable.
  4. NORMANTON PARK, another 99-year leasehold from 2019, expected to be ready by 2023, is 1,417 meters away from The Hillshore. It’s a larger development with 1,840 units. Prices per psf are between S$2,000 and S$2,144, averaging S$2,072. Rent per month can be between S$5.71 and S$7.78, with an average of S$6.65. The rental yield stands at 3.9%, and all of its transactions have been profitable.
  5. BIJOU is a freehold condominium completed in 2018 and is situated 1,677 meters from The Hillshore. Comprising 120 units, its psf price starts from S$1,876, averages at S$2,012, and can go up to S$2,147. Rental rates range between S$3.73 and S$7.27 pm, with an average of S$6.13. The rental yield for Bijou is 3.7%, and its annualized capital gain is -0.8%. All its transactions have been profitable.
  6. Terra Hill is another freehold property 1,745 meters away. It has 270 units, and the psf price ranges from S$2,535 to S$2,819, with an average of S$2,695. Details on its rental rates and yields are currently unavailable.
  7. Blossoms By The Park is on a 99-year lease from 2022 and is 2,179 meters from The Hillshore. It’s projected to have 275 units, with prices per psf between S$2,196 and S$2,730, averaging at S$2,439. As it’s a newer property, rental details and yields are still pending.

In conclusion, the Pasir Panjang vicinity is burgeoning with attractive condominium options that cater to diverse preferences and needs. As The Hillshore condo makes its mark, these neighboring developments further solidify the area’s appeal. For potential homeowners and investors, the time is ripe to consider the myriad opportunities this region offers.

NEARBY NEWER CONDO AROUND THE HILLSHORE AT DISTRICT 05HIGHEST TRANSACTED SELLING PRICE (PSF) FOR PAST 12 MONTHSCOMPLETION
24 ONE RESIDENCES$2,0292019
THE VERANDAH RESIDENCES$2,1292021
KENT RIDGE HILL RESIDENCES$2,1852023
NORMANTON PARK$2,1442023
BIJOU$2,1472018
TERRA HILL$2,819Under construction
The Hillshore Price

Latest Updates As At  Tuesday, May 28th 2024 updated, Register to receive the price list and book showflat appointment when ready!

THE HILLSHORE PRICE – ESTIMATE INDICATIVE / LAUNCH PRICE

PSF$
A) Land Cost$Na
B) Construction Cost (estimate)$450
C) Profit Margin + Other Expenses (30% x [A+B] )$Na
Estimate Launch Price (SUBJECTED TO CHANGES) (FOR EDUCATION PURPOSES, NOT FINAL SELLING PRICE)

Latest Information The Hillshore Price List As At  Tuesday, May 28th 2024 updated, Register to receive the price list and book showflat appointment!