About Terra Hill Set a New Benchmark Price | Terra Hill, a new development project, has achieved impressive sales figures during its launch weekend. With a sales rate of 38%, the project has surpassed expectations, proving that there is still a strong demand for luxury properties in the current market. The development’s average price of above SGD2,650 per square foot indicates buyers are willing to pay a premium for high-quality residences.
This is a joint venture by Hoi Hup Group and Sunway Developments. A total of 102 units were sold out of the 270 units in the development. It consists of 2 to 5 bedroom units from SGD1.5 million.
Terra Hill is in a prime location, surrounded by greenery and excellent accessibility to transportation links. The development offers a range of unit sizes, catering to buyers’ needs, from one to four-bedroom apartments and penthouses.
The developer’s attention to detail and focus on quality have resulted in a well-designed and luxurious development that has resonated well with buyers. The project’s amenities include a clubhouse, a swimming pool, and landscaped gardens, providing residents with a comfortable and convenient lifestyle.
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The strong demand for Terra Hill highlights the resilience of the luxury property market, even in challenging economic conditions. The project’s success is a positive sign for the broader property market, indicating that buyers are still willing to invest in quality developments that offer comfort and convenience.
Overall, Terra Hill’s launch weekend sales figures demonstrate that high-quality developments in prime locations are still in demand, and buyers are willing to pay a premium for quality and luxury. The developer’s vision and execution were instrumental in the project’s success, and we anticipate sustained interest in Terra Hill in the upcoming months.
Kent Ridge Hill Residences was launched in 2018 with a latest transaction for a strata house at SGD1,580 per square foot. The other development, Bijou, was launched in 2014, with a latest transaction of a 2 bedroom unit at SGD2,265 per square foot.
