[New Launch] Hillock Green: Another Highly Anticipated New Launch in Lentor

Hillock Green, the latest residential development revitalising the dynamic Lentor precinct, sold 27% of its 474 units during its launch weekend. What are the key features of this development? What is its market positioning, and what factors contributed to its initial success?

Strong Buyer Interest

Market interest in Hillock Green was robust, drawing approximately 273 cheques prior to launch—reflecting keen interest from homebuyers and investors alike. On launch day, 131 units were sold, translating to a conversion rate of nearly 50%.

The diverse buyer profile comprised upgraders, first-time homebuyers, and investors from across Singapore. Many prospective buyers residing in the Ang Mo Kio planning area and the North-East Region showed strong interest in Hillock Green.

With a substantial number of HDB flats in the northern region having recently reached their Minimum Occupation Period (MOP), these upgraders have set their sights on private residential homes within the same neighbourhood.

Strategic Location

Ideally situated, Hillock Green occupies one of the final land parcels in Lentor Hills.

A major highlight of Hillock Green is its strategic location close to Lentor MRT station (TE8) on the Thomson-East Coast Line (TEL). This not only ensures seamless public transport connectivity but also places residents at the heart of an extensive transit network.

With the upcoming North-South Corridor slated for completion from 2027, Hillock Green is poised to enjoy an elevated level of connectivity. This integrated transport corridor will feature dedicated bus lanes, cycling trunk routes, and pedestrian paths, seamlessly connecting Hillock Green to the rest of the island.

Educational Institutions

For families making Hillock Green their home, its proximity to prestigious educational institutions adds another layer of appeal.

Schools

Mayflower Primary School

Anderson Primary School

CHIJ St Nicholas Girls’ Primary School

Ang Mo Kio Secondary School

Presbyterian High School

CHIJ St Nicholas Girls’ Secondary School

The convenience of having quality educational options nearby ensures families can provide an enriching learning environment for their children without compromising on accessibility.

Proximity to Seletar Aerospace Park

Another draw for prospective residents is its proximity to Seletar Aerospace Park (an 11-minute drive via Yio Chu Kang Road). This proximity appeals to those seeking residential rental opportunities as well as owner-occupiers looking to live near their workplace.

Options for Prospective Buyers

For prospective buyers seeking spacious, premium 4-bedroom units, units in Block 22 may better align with their preferences, albeit at a higher price point.

Meanwhile, Block 26 offers a broader variety of unit selections.

Comparison with Surrounding Developments

Hillock Green forms part of the burgeoning Lentor Central property enclave, following the successful launches of two preceding developments: Lentor Hills Residences and Lentor Modern.

Lentor Hills Residences, a 598-unit development, is currently 70.4% sold at an average price of S$2,084 psf. Lentor Modern, a 605-unit mixed-use development launched in September 2022, achieved an enviable take-up rate of 94.5% at an average price of S$2,101 psf.

Notably, Lentor Modern commanded higher overall quantum prices, with unit prices ranging between S$2,152,000 and S$3,431,000.

Hillock Green marks the third development launched in the Lentor area within just over a year, underscoring the precinct's vibrant transformation. Despite a broader slowdown in the primary market, Hillock Green demonstrates that solid demand remains for well-positioned projects with compelling attributes.

Capital Appreciation Potential

Looking into prospects for capital appreciation, Hillock Green presents an attractive investment proposition, underpinned by several upcoming developments across District 26.

Given these positive drivers, Hillock Green stands out as a compelling choice for prospective property investors in Singapore. The convergence of a strategic location, upcoming infrastructure enhancements, and steady demand for well-located developments makes Hillock Green an attractive contender in the property investment landscape.

Hillock Green has emerged as a rising star in the Lentor Hills enclave, achieving a commendable launch performance in a competitive market. With its strategic location, transit accessibility, and proximity to key amenities, the development is well-positioned to be a highly sought-after residential address.

As the property market continues to evolve, Hillock Green sets a positive benchmark for upcoming developments in Lentor, offering a harmonious blend of convenience, connectivity, and lifestyle.