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View Full Version : New! The Hillford (1st 60 years leasehold residential condo)



kbchong
26-11-13, 22:42
Upcoming Condo Development at Jalan Jurong Kechil
"Pending Approval for Sale" - By World Class Land

Near to Beauty World / Bukit Timah Shopping Center and upcoming Beauty World MRT Station.
Plot Ratio: 1.4
No. Of Units: 280 (estimated)

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Nov 16 2012 News Article:
A residential site at Jalan Jurong Kechil (pictured) has attracted overwhelming response from developers, with a total of 23 bids received when the Urban Redevelopment Authority (URA) closed its public tender yesterday.

Launched for sale on 19 September, the 10,170.8 sq m site was offered with a lease option of 30, 45 or 60 years. It has a maximum permissible gross floor area (GFA) of 14,239 sq m.

Of the 23 bids, the highest offer of S$73.8 million or S$5,182.95 psm on the GFA was submitted by World Class Developments. This was followed by CEL Property at S$66.89 million and Roxy Homes at S$59.46 million.

Most of the developers submitted bids for a 60-year lease, except for Kwan House which tendered for a 45-year lease and also submitted the lowest offer of S$23.29 million.

The successful tenderer may develop the site for condominium or retirement housing. The URA will announce the winning developer after all the bids have been evaluated.
--------------------------------------------------------------------------------------

Preview soon. Don't miss!!
Call KB Chong 8182 4811 now!! No obligations to buy

ichigo55
27-11-13, 07:11
New test bed of things to come?
What's the price like?

DC33_2008
27-11-13, 08:14
It will be small but $psf not going to be low. Why do people want to move to a higher class old folks home so early, if they have the money?:confused:

kbchong
27-11-13, 08:28
The Price is likely to be very very attractive due to the tenure. Even if you register and book the unit, unless you sign on the final pdi form, the developer cannot bank in your cheque and there is no penalty.

The CHOICE is yours. I am estimating the price to be between $1000-$1300 psf even for the smaller units and the quantum likely to be $4xxk (mickey mouse units) or $5xxk (larger 1 bedrm units).

Why not whatsapp or sms me your name and I will get you down to see the beautiful showflat once it is ready. No obligation to register your vvip status.

Regards
KB Chong 8182 4811
ERA Senior Marketing Director

august
27-11-13, 10:32
so govt go around its own restriction on MMs by calling it retirement home concept with shorter lease? lol

Kelonguni
27-11-13, 10:43
so govt go around its own restriction on MMs by calling it retirement home concept with shorter lease? lol

Not really a restriction, just a guideline...

Average 70sqm means for example that half the units can be 40 sqm and the other half can be 100sqm. Still quite decently sized.

The aim is to prevent the developers going the direction of micro-apartments, some which can be 90 sq ft (below 10 sqm) in some major cities. Then it is possible to squeeze profits out of people, say $150,000 for 10sqm.

august
27-11-13, 10:49
Not really a restriction, just a guideline...

Average 70sqm means for example that half the units can be 40 sqm and the other half can be 100sqm. Still quite decently sized.

The aim is to prevent the developers going the direction of micro-apartments, some which can be 90 sq ft (below 10 sqm) in some major cities. Then it is possible to squeeze profits out of people, say $150,000 for 10sqm.

imo 40sqm is not decently sized.

Kelonguni
27-11-13, 10:55
imo 40sqm is not decently sized.

It's just an example compared to the 8-10 sqm micro apartments in some cities.

How about half the units being 50 sqm and the other half being 90 sqm?

How will that be a restriction if it is in line with the demand?

Rosy
27-11-13, 11:18
Still expensive in terms of psf. I am expecting 850-1000psf instead.

玉格格
27-11-13, 14:12
The CHOICE is yours. I am estimating the price to be between $1000-$1300 psf even for the smaller units and the quantum likely to be $4xxk (mickey mouse units) or $5xxk (larger 1 bedrm units).


if selling at $1000 - $1300psf is too exp liao.
if u extrapolate tis range to 99yrs become $1650 - $2145psf! :scared-1:

Trevortan
27-11-13, 16:22
if selling at $1000 - $1300psf is too exp liao.
if u extrapolate tis range to 99yrs become $1650 - $2145psf! :scared-1:

It's not realistic to extrapolate as land cost takes up only a portion of the development. Construction cost u can't 2/3 say build a 60 year apartment vs 99 year. Realistically, that price range seems reasonable for a new developement.

玉格格
27-11-13, 16:28
It's not realistic to extrapolate as land cost takes up only a portion of the development. Construction cost u can't 2/3 say build a 60 year apartment vs 99 year. Realistically, that price range seems reasonable for a new developement.

hmmm ... sounds reasonable.
so I extrapolate the land $ den :tongue3:

$482psf ppr to 99 yrs become $795, net diff is $313psf.

so if the expectation is $1000 - $1300psf means if it is 99lh, it will translate into a selling price of $1300 - $1600 psf.

DC33_2008
27-11-13, 16:31
At the end of the day. Ah Kong makes $.
hmmm ... sounds reasonable.
so I extrapolate the land $ den :tongue3:

$482psf ppr to 99 yrs become $795, net diff is $313psf.

so if the expectation is $1000 - $1300psf means if it is 99lh, it will translate into a selling price of $1300 - $1600 psf.

玉格格
27-11-13, 16:36
At the end of the day. Ah Kong makes $.

without any capital outlay :47:

DC33_2008
27-11-13, 16:41
Land law says so.
without any capital outlay :47:

Trevortan
27-11-13, 17:20
hmmm ... sounds reasonable.
so I extrapolate the land $ den :tongue3:

$482psf ppr to 99 yrs become $795, net diff is $313psf.

so if the expectation is $1000 - $1300psf means if it is 99lh, it will translate into a selling price of $1300 - $1600 psf.

Developer won't be bid only 2/3 of land prices even if it's 60 year lease condo. They bid more to secure their chances of making profit. Cost eventually pass down to the buyers. If it's 99 year lease launching would probably be $1250 to $1450 there I guess.

iridrium
27-11-13, 19:22
It's not realistic to extrapolate as land cost takes up only a portion of the development. Construction cost u can't 2/3 say build a 60 year apartment vs 99 year. Realistically, that price range seems reasonable for a new developement.

Lol. Pay $1,300 for a 60 yrs condo? I want to see who will be the eventual buyers. Prob all those Chinese buyers as they are used to 60 yrs lease.

First of all, can get loan or not?

All the intention of government to build some resemblance of retirement village comes to naught.

teddybear
27-11-13, 19:40
$1000-$1300 psf for 60 years LH means equivalent to $1650-2145 psf for a 99years LH for a place in Jalan Jurong Kechil? OMG! :scared-1:


The Price is likely to be very very attractive due to the tenure. Even if you register and book the unit, unless you sign on the final pdi form, the developer cannot bank in your cheque and there is no penalty.

The CHOICE is yours. I am estimating the price to be between $1000-$1300 psf even for the smaller units and the quantum likely to be $4xxk (mickey mouse units) or $5xxk (larger 1 bedrm units).

Why not whatsapp or sms me your name and I will get you down to see the beautiful showflat once it is ready. No obligation to register your vvip status.

Regards
KB Chong 8182 4811
ERA Senior Marketing Director

teddybear
27-11-13, 19:42
Can use much lousier materials so cheaper since don't need to last so long?


It's not realistic to extrapolate as land cost takes up only a portion of the development. Construction cost u can't 2/3 say build a 60 year apartment vs 99 year. Realistically, that price range seems reasonable for a new developement.

Patrickstar
27-11-13, 23:11
If the psf is high, it will most likely Jack up the prices of old condos with 70-80+ years left in the lease.

Trevortan
27-11-13, 23:29
Lol. Pay $1,300 for a 60 yrs condo? I want to see who will be the eventual buyers. Prob all those Chinese buyers as they are used to 60 yrs lease.

First of all, can get loan or not?

All the intention of government to build some resemblance of retirement village comes to naught.

Market will tell. :banghead:

iridrium
27-11-13, 23:56
Market will tell. :banghead:

Indeed. Market will tell, can't wait for the show.

For me, I will never touch this project even with ten foot pole. My opinion only ah. Later get slam by the property agents lurking in this forum.

kbchong
28-11-13, 12:14
The indicative psf has not been released until the actual booking day.

But anything between $1000-$1300 is reasonable. Below $1000 psf is a steal. If you are a PR that is unable to purchase a hdb flat, what makes more sense to u?

Helping someone finance their house by paying High rental or "renting" house from yrself for 30 years and staying 30 years free?

Just my thoughts

Feel free to contact me at 81824811 to view the showflat. Thanks.

iridrium
28-11-13, 12:58
The indicative psf has not been released until the actual booking day.

But anything between $1000-$1300 is reasonable. Below $1000 psf is a steal. If you are a PR that is unable to purchase a hdb flat, what makes more sense to u?

Helping someone finance their house by paying High rental or "renting" house from yrself for 30 years and staying 30 years free?

Just my thoughts

Feel free to contact me at 81824811 to view the showflat. Thanks.

If you are a PR that is unable to buy a hdb flat, go buy any of the older freehold development at Hillview area for the same price range. :banghead:

You can move in almost immediately and don't have to wait for a 60 yrs development to be constructed.:banghead:

august
28-11-13, 13:01
The indicative psf has not been released until the actual booking day.

But anything between $1000-$1300 is reasonable. Below $1000 psf is a steal. If you are a PR that is unable to purchase a hdb flat, what makes more sense to u?

Helping someone finance their house by paying High rental or "renting" house from yrself for 30 years and staying 30 years free?

Just my thoughts

Feel free to contact me at 81824811 to view the showflat. Thanks.

if i am a PR & i want to purchase a HDB now and dont want to pay high rental it means i am purchasing for own stay. why would i look at new private launch which i cannot move in & when there are so many ready private resale out there?

if i am PR and i want to purchase HDB BTO, it means private new launch is out of my budget anyway.

lol

dtrax
28-11-13, 16:51
Get ready 4xx-6xxk

azeoprop
28-11-13, 20:58
60 years lease should be priced at or below EC levels. :sleep:

Photogguy
28-11-13, 21:54
....just as some sneered at Alexis when it was launched....but who have been laughing all the way to the bank....being pioneer in this niche area, we might just be taken by surprise by the market response to it....nowadays many people just hentam as long as they can afford to place the deposit and secure a unit... bottom line is quantum for those playing on the margin.....

....but then we have people paying hundreds of thousand for HDBs with a bit over 60 years lease also....

玉格格
29-11-13, 11:04
Developer won't be bid only 2/3 of land prices even if it's 60 year lease condo. They bid more to secure their chances of making profit. Cost eventually pass down to the buyers. If it's 99 year lease launching would probably be $1250 to $1450 there I guess.

tat is their biz. buyers r not carrot heads; they will discount 39 yrs accordingly :47:

玉格格
29-11-13, 11:08
60 years lease should be priced at or below EC levels. :sleep:

my comfortable range for a 60yrs lease project in tis area is $900 - $1200psf :47:

kbchong
29-11-13, 11:46
my comfortable range for a 60yrs lease project in tis area is $900 - $1200psf :47:


All prices quoted are speculative.
Ask yourself, will you regret not booking it if the prices are much lower than you expected.

Booking just cost you a cheque and there is no penalty for not confirming a unit on the Preview day where the prices are first released.

Due to expected overwhelming responses, the Public can only book a unit until all the VVIP have selected their units.

Don't miss out. Call/ Whatsapp 8182 4811 for showflat viewing dates and floorplans

iridrium
29-11-13, 13:31
....just as some sneered at Alexis when it was launched....but who have been laughing all the way to the bank....being pioneer in this niche area, we might just be taken by surprise by the market response to it....nowadays many people just hentam as long as they can afford to place the deposit and secure a unit... bottom line is quantum for those playing on the margin.....

....but then we have people paying hundreds of thousand for HDBs with a bit over 60 years lease also....

I still sneered when i see Alexis.

But Alexis a freehold development compare to the Hillford. And to use it as a example is really.... :banghead: And maybe Alexis can hold value well because it is a freehold development and not a 60 yrs and 57 yrs after TOP development.

Trevortan
29-11-13, 14:02
I still sneered when i see Alexis.

But Alexis a freehold development compare to the Hillford. And to use it as a example is really.... :banghead: And maybe Alexis can hold value well because it is a freehold development and not a 60 yrs and 57 yrs after TOP development.
Alexis maintenance is cheap also. I wonder how much will be hillford maintenance each month. Just gotta see what the developers will offer for this 60 year leasehold project.

august
29-11-13, 14:11
I still sneered when i see Alexis.

But Alexis a freehold development compare to the Hillford. And to use it as a example is really.... :banghead: And maybe Alexis can hold value well because it is a freehold development and not a 60 yrs and 57 yrs after TOP development.

not only is alexis freehold, it is at a superior location. but yes, i still sneer at alexis or MMs.

kbchong
02-12-13, 09:29
Upcoming New 60 years leasehold Condo, The Hillford

Location: Jalan Jurong Kechil (near Beauty World Centre)
Tenure: 60 years (1st in Singapore)
Total Units: 281
Preview Date: Jan / Feb 2014
Estimated TOP: 2017
Developer: World Class Land (Top grade Developer for Urban Vista, Kensington Square, East Village, Tembeling Residences, Parc Rosewood, 8 Bassein and many more)

Attractive Prices Guaranteed.
Indicative Price Guide:
186 units of 1 Bedrm (398 - 431 sqft) from S$4xx,000
55 units of 2 Bedrm (506 - 560 sqft) from S$5xx,000
40 units of 2 Bedrm Dual Key (657 sqft) from S$7xx,000

Drop by to take a look at this Singapore's First 60 years leasehold condo.
Call KB Chong at 8182 4811 now!!

Kelonguni
02-12-13, 09:36
Upcoming New 60 years leasehold Condo, The Hillford

Location: Jalan Jurong Kechil (near Beauty World Centre)
Tenure: 60 years (1st in Singapore)
Total Units: 281
Preview Date: Jan / Feb 2014
Estimated TOP: 2017
Developer: World Class Land (Top grade Developer for Urban Vista, Kensington Square, East Village, Tembeling Residences, Parc Rosewood, 8 Bassein and many more)

Attractive Prices Guaranteed.
Indicative Price Guide:
186 units of 1 Bedrm (398 - 431 sqft) from S$4xx,000
55 units of 2 Bedrm (506 - 560 sqft) from S$5xx,000
40 units of 2 Bedrm Dual Key (657 sqft) from S$7xx,000

Drop by to take a look at this Singapore's First 60 years leasehold condo.
Call KB Chong at 8182 4811 now!!

My Math may be failing me but this looks like it does not satisfy MND regulations for average size of units above 70 sqm.

Are retirement housing exempt from the ruling?

Trevortan
02-12-13, 10:42
Indeed, the prices are attractive. Should draw attention from some group of buyers who have limited budget but who wish to invest in Singapore properties due to our strong currency.

multimoo
03-12-13, 08:19
http://i2.wp.com/thehillford.sg/wp-content/uploads/2013/11/the-hillford-condo-new-launch-frontage.jpg

http://i0.wp.com/thehillford.sg/wp-content/uploads/2013/11/The-Hillford-New-Condo-Jalan-Jurong-Kechil-Swimming-Pool.jpg

image: http://thehillford.sg

at $4xxk for 1 bedroom, do you all think it is at a good price? from my understanding it is also like a mix-residential right?

Kelonguni
03-12-13, 09:05
at $4xxk for 1 bedroom, do you all think it is a good price? from my understanding it is also like a mix-residential right?

That really depends on your aim. For retirees, have to look at the maintenance fees and relevant taxes. Also your attitude towards leaving assets behind for your children.

For investment, this is a wild card. Limited appreciation, and have to calculate yield versus depreciation and interests. Have to do the sums carefully.

Likely to be a sellout though due to quantum play.

august
03-12-13, 10:36
URA has no stipulations on what constitute a "retirement resort" - a fanciful name/concept coined by the developer.
Are there any restrictions on types of buyers? e.g. only retirees qualify?
Are there restrictions on renting out the property? since the concept suggests it is for elderly own stay.
otherwise this is nothing more than yet another undesirable shoebox project in the suburbs with a unique short lease.

I am surprised and disappointed the URA has made no statements to date on the ambiguity surrounding this.

Trevortan
03-12-13, 11:20
Perhaps the govt is looking into shortening lease period for residential private housing like what has been done to industrial properties. If this project sells well, govt may release shorter tenure lands for developers in anticipation of higher future prices to keep quantum affordable.
Looking at the floorplans, I am quite disappoint.

goodchong
03-12-13, 12:02
Perhaps the govt is looking into shortening lease period for residential private housing like what has been done to industrial properties. If this project sells well, govt may release shorter tenure lands for developers in anticipation of higher future prices to keep quantum affordable.
Looking at the floorplans, I am quite disappoint.
Me too ! The layout is odd whereas the entrance face directly to common room, and also with bomb shelter? I tot the regulation for bomb shelter is already waived?

terrynfs
03-12-13, 12:47
My Math may be failing me but this looks like it does not satisfy MND regulations for average size of units above 70 sqm.

Are retirement housing exempt from the ruling?

same question here, 60 year project is not counted?

newlaunchproperty
03-12-13, 16:18
THE HILLFORD (http://newlaunch-property.com/showcase/the-hillford.html) by World Class Land
Launching Soon! Register your interest for VVIP Preview (http://newlaunch-property.com/showcase/the-hillford.html) now!

http://i1060.photobucket.com/albums/t457/skychiu/Property%20Hillview/The%20Hillford/PB_The_Hillford_Logo_zps08936483.jpg (http://newlaunch-property.com/showcase/the-hillford.html)

kbchong
04-12-13, 12:22
绝对好价钱!! 请拨打发展商询问电话 81824811 !不容错过,不要后悔!
From $4xx,000. Singapore's First Retirement Village, The Hillford (Foreigners are eligible). Call KB Chong 81824811 to view the showflat now!!
Complete with Restaurants, Laundry, Flower Shop, Beauty/Hair Salon, Medical clinic, Pharmacy, Child Care Centre, Elder Care Centre, convenience Stores and Retails Shops.

Location: Jalan Jurong Kechil (near Beauty World Centre)
Tenure: 60 years (1st in Singapore)
Total Units: 281
Preview Date: Jan / Feb 2014
Estimated TOP: 2017
Developer: World Class Land (Top grade Developer for Urban Vista, Kensington Square, East Village, Tembeling Residences, Parc Rosewood, 8 Bassein and many more)

Attractive Prices Guaranteed.
Indicative Price Guide:
186 units of 1 Bedrm (398 - 431 sqft) from S$4xx,000
55 units of 2 Bedrm (506 - 560 sqft) from S$5xx,000
40 units of 2 Bedrm Dual Key (657 sqft) from S$7xx,000

Preview soon. Drop by to take a look at this Singapore's First 60 years leasehold condo. Don't miss!!
Call KB Chong 8182 4811 now!! No obligations to buy

delirious
16-12-13, 12:25
THE HILLFORD at Jalan Jurong Kechil
(http://the-hillford.org)

1Bedroom from $4xxk 2 Bedroom from $5xxk 2Bedroom dual key from $7xxk

Singapore's First Retirement Resort by World Class Land

Project Name: The Hillford
Project Concept: First Retirement Resort in Singapore
Developer: World Class Developments (North) Pte Ltd
Address: Jalan Jurong Kechil Road (TBC)
Tenure of Land: 60 years lease from 19-Feb-2013
Zoning: Residential / Commercial
Total net site area: 10,170.8 sqm / 109,489 sqft
GFA: 14,239 sqm / 153,283 sqft
General Property Description: Residential — 2 blocks of 5 storey, 1 block of 6 storey, 3 blocks of 7 storey . Commercial —1 block
Expected TOP: 15-11-2017
Selling Units: 281 Residential Units (1BR, 2BR, 2BR DK)18 Commercial Units (17 open to public), 2 Community & Institutional space


Attributes
- Next to tranquil enclave of landed housing
- Amenities within easy reach & close to nature reserve
- Minutes’ walk to Beauty World Downtown line MRT station
- 24-hour concierge providing complete range of services to residents
- 281 residential units comprising of 1 BR, 2 BR and 2 BR Dual Key units
- Convenience of 18 commercial shops providing various services right at doorstep
- No restriction on the age of purchasers

Visit HTTP://THE-HILLFORD.ORG

http://the-hillford.org/wp-content/uploads/Thehillfordclickhere-P100.jpg (http://the-hillford.org)

azeoprop
16-12-13, 14:10
So expensive, the recent inflora 99yrs also 4xxk. :beats-me-man:

www.AaronWan.sg
19-12-13, 10:19
The Hillford (http://aaronwan.sg/the-hillford/)

https://fbcdn-sphotos-c-a.akamaihd.net/hphotos-ak-ash3/q71/s720x720/1528706_667712529946424_1529955622_n.jpg

Like us on Facebook (https://www.facebook.com/aaronwan.sg) for more photos!

First of its kind Retirement Resort
- A resort-styled development for active, independent retirees
- Total resort concept with a wide range of facilities
- 24-hours concierge service
- User payable service such as domestic help, home delivered meals, medical care
- Dedicated resort manager to oraganise activities for Hillford residents

Integrated Development
- Community services, shops, medical clinics and restaurants are located on level 1

Iconic development
- Prominent road frontage along Jalan Jurong Kechil
- Unit sizes tailored to provide space and comfort for all

Affordable Quantum
- No age restriction for purchasers as compared to other countries (Australia, Canada, USA, UK min. age from 55)
- 30 years loan with 80% loan to value subject to TDSR, MAS loan eligibility criteria and bank approval.

Superb Location
- Upper Bukit Timah district
- Minutes walk to upcoming Beauty World Downtown line MRT station
- Next to a bus stop
- Close to nature reserves
- Close to medical facilities

Register with me now for showflat viewing next Saturday, 28 December!

Register @ AaronWan.sg/the-hillford/ (http://aaronwan.sg/the-hillford/) or contact me at 8488 6648 now!

rymccondo77
19-12-13, 10:34
The Hillford (http://aaronwan.sg/the-hillford/)

https://fbcdn-sphotos-c-a.akamaihd.net/hphotos-ak-ash3/q71/s720x720/1528706_667712529946424_1529955622_n.jpg

Like us on Facebook (https://www.facebook.com/aaronwan.sg) for more photos!

First of its kind Retirement Resort
- A resort-styled development for active, independent retirees
- Total resort concept with a wide range of facilities
- 24-hours concierge service
- User payable service such as domestic help, home delivered meals, medical care
- Dedicated resort manager to oraganise activities for Hillford residents

Integrated Development
- Community services, shops, medical clinics and restaurants are located on level 1

Iconic development
- Prominent road frontage along Jalan Jurong Kechil
- Unit sizes tailored to provide space and comfort for all

Affordable Quantum
- No age restriction for purchasers as compared to other countries (Australia, Canada, USA, UK min. age from 55)
- 30 years loan with 80% loan to value subject to TDSR, MAS loan eligibility criteria and bank approval.

Superb Location
- Upper Bukit Timah district
- Minutes walk to upcoming Beauty World Downtown line MRT station
- Next to a bus stop
- Close to nature reserves
- Close to medical facilities

Register with me now for showflat viewing next Saturday, 28 December!

Register @ AaronWan.sg/the-hillford/ (http://aaronwan.sg/the-hillford/) or contact me at 8488 6648 now!

Personal opinion - the design of the condo blocks reminds me of Army Barracks or Old Government Buildings (like the ones you see in Queenstown)- the developer should have come up with a better design for the prices they are charging for a property with a 60-year lease!

www.AaronWan.sg
19-12-13, 11:27
More photos LIVE from the showflat!

https://fbcdn-sphotos-b-a.akamaihd.net/hphotos-ak-prn1/1526102_667738349943842_140721408_n.jpg
https://fbcdn-sphotos-a-a.akamaihd.net/hphotos-ak-ash3/1528646_667738403277170_979805727_n.jpg
https://scontent-a.xx.fbcdn.net/hphotos-prn2/1482869_667738433277167_1569769006_n.jpg
https://fbcdn-sphotos-h-a.akamaihd.net/hphotos-ak-prn2/1521759_667738276610516_590721040_n.jpg

Connect with us on
Facebook: fb.com/AaronWan.sg
LinkedIn: sg.linkedin.com/in/AaronWansg/
Twitter: twitter.com/AaronWan
Instagram: instagram.com/AaronWansg

For more LIVE updates from the showflat!

Visit www.Aaronwan.sg/the-hillford/ or
Contact me at 8488 6648 to register now!

The Wan You Trust



The Hillford (http://aaronwan.sg/the-hillford/)

https://fbcdn-sphotos-c-a.akamaihd.net/hphotos-ak-ash3/q71/s720x720/1528706_667712529946424_1529955622_n.jpg

Like us on Facebook (https://www.facebook.com/aaronwan.sg) for more photos!

First of its kind Retirement Resort
- A resort-styled development for active, independent retirees
- Total resort concept with a wide range of facilities
- 24-hours concierge service
- User payable service such as domestic help, home delivered meals, medical care
- Dedicated resort manager to oraganise activities for Hillford residents

Integrated Development
- Community services, shops, medical clinics and restaurants are located on level 1

Iconic development
- Prominent road frontage along Jalan Jurong Kechil
- Unit sizes tailored to provide space and comfort for all

Affordable Quantum
- No age restriction for purchasers as compared to other countries (Australia, Canada, USA, UK min. age from 55)
- 30 years loan with 80% loan to value subject to TDSR, MAS loan eligibility criteria and bank approval.

Superb Location
- Upper Bukit Timah district
- Minutes walk to upcoming Beauty World Downtown line MRT station
- Next to a bus stop
- Close to nature reserves
- Close to medical facilities

Register with me now for showflat viewing next Saturday, 28 December!

Register @ AaronWan.sg/the-hillford/ (http://aaronwan.sg/the-hillford/) or contact me at 8488 6648 now!

mcmlxxvi
19-12-13, 17:00
Thanks Aaron Wan for sharing insider photos.

btw will the toilets have additional grab bars for seniors given this is positioned as a retirement resort?

how about emergency cable pull alarm?

good to see that they have add on handles to their kitchen cabinetry for ease of usage.

www.AaronWan.sg
19-12-13, 23:29
Thanks Aaron Wan for sharing insider photos.

btw will the toilets have additional grab bars for seniors given this is positioned as a retirement resort?

how about emergency cable pull alarm?

good to see that they have add on handles to their kitchen cabinetry for ease of usage.

Your welcome!

The Hillford provide elderly-friendly features such as

1. Two-way light switch installed near bedside & upon bedroom entry
2. Sliding door for bathroom entry for easy access
3. All switches are of large and easy-touch rocker type mounted at 1.2m from floor
4. Electrical sockets are generally mounted between 0.6m to 1.2m above floor
5. Emergency call bell alarm system in the bedroom and bathroom, linked to the 24-hrs Concierge Service.
6. Lever handles to doors and cupboards, door keys, lever taps and controls that are easily handled by the elderly with limited grip strength on elderly friendly height.

Kelonguni
20-12-13, 06:40
Very curious about the maintenance though with all the facilities...

www.AaronWan.sg
20-12-13, 13:51
Many have asked me, "What are the conditions for using CPF to buy private properties with remaining lease of less than 60 years but at least 30 years Aaron"?

Answer: The conditions are as follows:

First, to use CPF to buy private properties with remaining lease of less than 60 years but at least 30 years, an owner’s age plus the remaining lease of the private property must be at least 80 years. This is to ensure that the private property will last the owner until he/she is at least 80 years old, which is roughly the average life span of Singaporeans at birth.

Second, the maximum amount of CPF that all eligible owners may use for the private property is a percentage of the lower of the purchase price or the value of the private property at the time of purchase. This is computed as follow:

(Remaining Lease when the youngest eligible owner using CPF turns 55 / The remaining Lease at the point of purchase) X Lower of Purchase Price or Value of the flat
(Source: CPF Board)


You can also use the table found in my link (http://aaronwan.sg/the-hillford/) (under the "Project Details" tab) to help you with the calculation.

Still confused? Call me and I will explain to you personally! :)

www.AaronWan.sg
25-12-13, 06:19
https://fbcdn-sphotos-a-a.akamaihd.net/hphotos-ak-frc3/1511116_670705909647086_1152557343_n.jpg (https://www.facebook.com/aaronwan.sg)

Have you seen my Christmas Greetings in the papers today? :)

Merry Christmas to You and All Your Loved Ones!

Have a Blessed Christmas and a 'Wan'derful 2014!

Aaron Wan
The Wan You Trust (http://aaronwan.sg/)
8488 6648
www.AaronWan.sg

www.AaronWan.sg
04-01-14, 06:08
DEVELOPERS HAS REDUCED ITS PRICES!

NEW INDICATIVE PRICING:

1BEDROOM $3XXK

2BEDROOM $4XXK

DUAL KEYS $6XXK

http://aaronwan.sg/wp-content/uploads/2013/12/1487697_676307045753639_426722384_o.jpg (http://aaronwan.sg/the-hillford/)

Stay tuned for more latest updates or visit www.AaronWan.sg/the-hillford

Call me now if you would like to visit the showflat today as a VIP!

Aaron Wan (https://www.facebook.com/aaronwan.sg)
The Wan You Trust (https://www.facebook.com/aaronwan.sg)
8488 6648
www.AaronWan.sg

dtrax
04-01-14, 13:56
pple many many.. channel 8 tv news crew spotted.
Rainshower, bosch, electrolux.. kin sneak in kin sneak out

sunboy77
05-01-14, 10:15
My friend argued that if Suites de Laurel 1BR is renting out at least $2800 per month, then assuming Hillford 1BR is doing just $2k rental, that already translates to 8% yield!

Sounds logical. What do you guys think?

DC33_2008
05-01-14, 10:23
The nearby good luck garden rental is about 2k plus for a nice 2 bedder twice the size over here.
My friend argued that if Suites de Laurel 1BR is renting out at least $2800 per month, then assuming Hillford 1BR is doing just $2k rental, that already translates to 8% yield!

Sounds logical. What do you guys think?

sunboy77
05-01-14, 10:33
He further argued that Sherwood Tower (although nearer to amenities and bigger units) is already doing $1900 to $2900 on their studio units, and that's despite the MRT station not ready yet, Sherwood is so freaking old, and has no facilities...

Ringo33
05-01-14, 10:36
whats the maintenance fee for this project?

sunboy77
05-01-14, 10:37
I kindof agree with him on the rental part.

But I opined that the Hillford owners can forget about re-selling. No savvy investor will want to buy a house that cannot take loan, cannot use CPF, because they will be thinking about how to re-sell too!

Ringo33
05-01-14, 10:42
I kindof agree with him on the rental part.

But I opined that the Hillford owners can forget about re-selling. No savvy investor will want to buy a house that cannot take loan, cannot use CPF, because they will be thinking about how to re-sell too!

For someone with multiple property, to buy a MM unit you will need to set aside mini around $500-600K cash. So there should be many people who will be able to buy over with cash, without having to worry about bank loan or CPF. Just use this to generate rental income.

sunboy77
05-01-14, 10:48
For someone with multiple property, to buy a MM unit you will need to set aside mini around $500-600K cash. So there should be many people who will be able to buy over with cash, without having to worry about bank loan or CPF. Just use this to generate rental income.

Good point.

sunboy77
05-01-14, 11:03
I just did some simple math.

Even if you add in 13% stamp duties into the purchase price, plus the market not doing well and you rent out the 1BR at only $1500, the rental yield is still 4%!

Noting that one HDB master bedroom can be almost $1k rent in the market now...

Ringo33
05-01-14, 11:06
I just did some simple math.

Even if you add in 13% stamp duties into the purchase price, plus the market not doing well and you rent out the 1BR at only $1500, the rental yield is still 4%!

Noting that one HDB master bedroom can be almost $1k rent in the market now...

if you buy it with cash, you dont even have to worry about interest rate.

I think this kind of project can make money, but quantum will be very small unless you go for multiple units.

Anyone know whats the maintenance fee?

DC33_2008
05-01-14, 12:44
Do chk the maintenance as it will not be cheap.
I just did some simple math.

Even if you add in 13% stamp duties into the purchase price, plus the market not doing well and you rent out the 1BR at only $1500, the rental yield is still 4%!

Noting that one HDB master bedroom can be almost $1k rent in the market now...

star
05-01-14, 13:37
We may see more 60, 70, 80 yrs leasehold units to cater to more people.

Rosy
05-01-14, 15:14
My friend argued that if Suites de Laurel 1BR is renting out at least $2800 per month, then assuming Hillford 1BR is doing just $2k rental, that already translates to 8% yield!

Sounds logical. What do you guys think?

How do u get 8%?

Take 2k rental and 400k. Gross rental yield is 6%. Nett yield probably around 4-4.5% assuming no loan.

Rosy
05-01-14, 15:16
The nearby good luck garden rental is about 2k plus for a nice 2 bedder twice the size over here.

There are also some other instances whereby a newly TOP 1bdr rental cost as much as a 5-10yo nearby 2bdr.

sunboy77
05-01-14, 15:56
How do u get 8%?

Take 2k rental and 400k. Gross rental yield is 6%. Nett yield probably around 4-4.5% assuming no loan.

Sorry my bad.
Math not good.

bargain hunter
06-01-14, 07:48
http://infopub.sgx.com/FileOpen/MR_Hillford.ashx?App=Announcement&FileID=269815

Indicative prices* of units at The Hillford are set to start from an attractive
S$980psf – significantly below prices of brand new mass market condominium
projects in the Toh Tuck and Hillview districts. As such, units released at the
upcoming VIP Preview will start from S$388,000 for a 1-bedroom unit,
S$498,000 for 2-bedroom, and S$648,000 for 2-bedroom dual-key units.

C&K
06-01-14, 08:01
S$980psf based on 60 years lease is similar to S$1,617psf based on 99 years lease.

How can this be considered to be lower than the psf of new mass market condos?

iridrium
06-01-14, 08:33
S$980psf based on 60 years lease is similar to S$1,617psf based on 99 years lease.

How can this be considered to be lower than the psf of new mass market condos?

Lots of agent lurking here. So don't be too upset with all those motherhood statement made.

C&K
06-01-14, 09:18
Lots of agent lurking here. So don't be too upset with all those motherhood statement made.

Thank you for your kind words.

I wrote to highlight that it translate to @S$1617 psf when compared to a new 99 years lease term.

sunboy77
06-01-14, 10:22
S$980psf based on 60 years lease is similar to S$1,617psf based on 99 years lease.

How can this be considered to be lower than the psf of new mass market condos?

The Century 21 boss earlier even intrapolated it as $1800psf on the news! And he commented it is "VERY pricey".

chestnut
06-01-14, 10:29
The Century 21 boss earlier even intrapolated it as $1800psf on the news! And he commented it is "VERY pricey".

So how does one interpolate a 99 year leashold with a 999 leasehold???? Interesting...I would be interested in any interpolation theory....

sunboy77
06-01-14, 10:31
So how does one interpolate a 99 year leashold with a 999 leasehold???? Interesting...I would be interested in any interpolation theory....
Hahaha not too sure about that. But you made a good point too! :D

sunboy77
06-01-14, 10:37
I think he might not have been using interpolating method. Think he was referring to topping up of the lease to 99 years. But not too sure how that works though.

star
06-01-14, 11:07
Sherwood towers nearby is about $750psf to $850psf so a brand new condo Hillford is about $980psf. Btw Sherwood towers is very old and most are big quantum since units are big.

lionhill
06-01-14, 12:48
Sherwood towers nearby is about $750psf to $850psf so a brand new condo Hillford is about $980psf. Btw Sherwood towers is very old and most are big quantum since units are big.

If Sherwood is enbloced, its lease will be extended to another 99 years.

How about this retirement village? is there a probability that its lease be exteded to another 99 years thirty years later?

sunboy77
06-01-14, 14:00
Sherwood is MUCH closer to amenities but has no condo facilities.

Its studios (albeit big sizes) are doing rentals of $1.9k to $2.9k. So I guess it's not difficult to get $2k rent on The Hillford 1BR unit afterall.

Photogguy
07-01-14, 04:14
Sherwood is MUCH closer to amenities but has no condo facilities.

Its studios (albeit big sizes) are doing rentals of $1.9k to $2.9k. So I guess it's not difficult to get $2k rent on The Hillford 1BR unit afterall.

.....rental should be better once MRT is running for his area, by the way Sherwood do have a pool actually...

delirious
08-01-14, 10:23
2k rental or even slightly is achievable if not easily, given that one bedrooms in the completed developments nearby range from 2.5-2.9k

This will also have dedicated retail/restaurants below, adding on another perk for rentals

Given the current rental pricing in the area and factoring any "concerns" on the development, even if we price at the low end of the scale, look at the yields!


http://the-hillford.org/wp-content/uploads/hillfordrental.jpg (http://the-hillford.org/pricing/)


http://the-hillford.org/wp-content/uploads/Thehillfordclickhere-P100.jpg (http://the-hillford.org)

Trigger
08-01-14, 12:38
What's the point of looking at yields if you can't get your principal back?

eng81157
08-01-14, 12:46
2k rental or even slightly is achievable if not easily, given that one bedrooms in the completed developments nearby range from 2.5-2.9k

This will also have dedicated retail/restaurants below, adding on another perk for rentals

Given the current rental pricing in the area and factoring any "concerns" on the development, even if we price at the low end of the scale, look at the yields!


http://the-hillford.org/wp-content/uploads/hillfordrental.jpg (http://the-hillford.org/pricing/)


http://the-hillford.org/wp-content/uploads/Thehillfordclickhere-P100.jpg (http://the-hillford.org)


i don't buy the story on yield.

firstly, this project is targeting elder folks, not a MM meant for yuppies or well-to-do singles.

secondly, $1800 monthly rental is pretty steep for a retired folk. assuming that an elder folk has a fully paid-up HDB or apartment, why should they give up the shelter over their head and rent a unit here?

iridrium
08-01-14, 13:00
i don't buy the story on yield.

firstly, this project is targeting elder folks, not a MM meant for yuppies or well-to-do singles.

secondly, $1800 monthly rental is pretty steep for a retired folk. assuming that an elder folk has a fully paid-up HDB or apartment, why should they give up the shelter over their head and rent a unit here?

Either do I. From people around that I spoken to, apparently, no many thinks it is good either as a investment nor own retirement needs.

So why are there 400 cheques? I suspect it is marketing gimmick more than actual demand. Let's see if how many of these cheques translate to sales.

Ringo33
08-01-14, 13:59
i don't buy the story on yield.

firstly, this project is targeting elder folks, not a MM meant for yuppies or well-to-do singles.

secondly, $1800 monthly rental is pretty steep for a retired folk. assuming that an elder folk has a fully paid-up HDB or apartment, why should they give up the shelter over their head and rent a unit here?


Since when did the developer say that this project is for retirees only and what is restricting investors from renting out their apartment to young and able?

mcmlxxvi
15-01-14, 12:33
Buy here to die here.

Its a nice place to retire.

But please dont bank on cap gain.

Next buyer may not get enough loan.

onglai
15-01-14, 12:42
Buy here to die here.

Its a nice place to retire.

But please dont bank on cap gain.

Next buyer may not get enough loan.

like dat 30years lease enough.
:D

dtrax
17-01-14, 10:03
Tentage super crowded.. hearsay 3units less than 400k.
commercial units superhot as well.

terrynfs
17-01-14, 13:25
Tentage super crowded.. hearsay 3units less than 400k.
commercial units superhot as well.

how many sold?

Kelonguni
17-01-14, 14:09
how many sold?

My source tells me only 1 handful left. Less than half a dozen.

Lovelle
17-01-14, 14:21
My source tells me only 1 handful left. Less than half a dozen.


:cheers1::cheers1::cheers1:

dtrax
17-01-14, 14:22
My source tells me only 1 handful left. Less than half a dozen.


Old news.. it is 100 percent sold out.. thank q for ur support.. cya in the next 60yrs condo sale

terrynfs
17-01-14, 14:43
great, sold out within one day as expected, congrats to all the buyers

3C
17-01-14, 14:58
will be interesting to watch how many resales in the coming years. Hopefully no regrets for the next 60 years.

star
17-01-14, 15:46
With the success of this hillford more retirement condo will be launched in future. When yishun, woodlands, chao chu kang, sembawang etc... launch 60yr LH retirement condo at $400k this hillford will look cheap by then.

lionhill
17-01-14, 15:54
wah, so many condo hungary people....

congratulations!

confirm the next 60 years lease condo will be sold higher.

Ringo33
17-01-14, 17:46
wah, so many condo hungary people....

congratulations!

confirm the next 60 years lease condo will be sold higher.

better not be so bullish or else government is going to impose new restriction for such project.

Congrats to all the buyers and retirees.

teddybear
17-01-14, 19:02
Hillford is not retirement condo lah, because:
1) there is no age limit to buy
2) Many buyers are young people not reaching retirement age
3) Expect most of these "retirement condo" features and services will be removed by the MCST (owners) in future to save costs since retirees are minority and can't fight to save these features and services!
4) In place of (3) will be features and services catered for the younger people... :doh:


With the success of this hillford more retirement condo will be launched in future. When yishun, woodlands, chao chu kang, sembawang etc... launch 60yr LH retirement condo at $400k this hillford will look cheap by then.

henryhk
17-01-14, 20:20
If I have excess cash I rather buy the freehold condo at the hillview area, and must be near the hillview mrt! at least it is freehold, don't need to count down to its short life span! Seeing the craze about pte property, whether 60 years or not, I feel great about my future to early retirement!

teddybear
17-01-14, 21:12
Approval of Hillford for retirement homes and lifting the restrictions on building any size MMs for this estate + 10% free GFA to lure developers to bid must have been the biggest cock-up by URA/MND? They didn't even stipulate that buyers must be retirees or nearing retiring but yet approve it for retirement homes! :doh:

Will we see more such estates full of MMs disguised as "retirement homes" (to by-pass earlier laws stipulating that developers cannot build too many MMs in an estate)? :o



Hillford is not retirement condo lah, because:
1) there is no age limit to buy
2) Many buyers are young people not reaching retirement age
3) Expect most of these "retirement condo" features and services will be removed by the MCST (owners) in future to save costs since retirees are minority and can't fight to save these features and services!
4) In place of (3) will be features and services catered for the younger people... :doh:

Ringo33
17-01-14, 21:45
If I have excess cash I rather buy the freehold condo at the hillview area, and must be near the hillview mrt! at least it is freehold, don't need to count down to its short life span! Seeing the craze about pte property, whether 60 years or not, I feel great about my future to early retirement!

it all depends on how much excess cash you talking about. For this project, I reckon many buyer would be buying without bank loan.

Freehold or leasehold, most estate will not last more than 50 years. The most important part is it location.

For project like this, if the buyer can recover their investment through rental within 30 years (which is not impossible) the remaining 30 years will be bonus.

august
17-01-14, 22:06
Approval of Hillford for retirement homes and lifting the restrictions on building any size MMs for this estate + 10% free GFA to lure developers to bid must have been the biggest cock-up by URA/MND? They didn't even stipulate that buyers must be retirees or nearing retiring but yet approve it for retirement homes! :doh:

Will we see more such estates full of MMs disguised as "retirement homes" (to by-pass earlier laws stipulating that developers cannot build too many MMs in an estate)? :o

i dont see this as a cock-up.
i see it as a calculated effort to eventually normalise 60 yr LH land sale and another way to boost land price and govt coffers.

babyt
17-01-14, 22:32
siao....with that money can buy freehold geylang condo.

rontan_83
17-01-14, 22:48
siao....with that money can buy freehold geylang condo.

Yalor...I agree with babyt

proud owner
17-01-14, 23:14
Yalor...I agree with babyt



spore is so small .... govt has to continue to make money ...

last time sell 99 yr... PAP will ( may ) be gone before the lease expires ..

so now sell 60 yr lease ...

since response so good ... Next will be 50 yrs .. 30 yrs ..

turnover faster .. money keeps coming in

ho sei leow lah ..........

reserve Chiong ah ..........

clemdale24
17-01-14, 23:36
Anyone knows the avg psf?

i think i may live to see the day the 60yrs lease is up haha

DC33_2008
18-01-14, 07:00
Do not to go so far. There is couple of FH condos in close proximity. Rental is also not so strong there. Buyer should be worried if depends on rental.
If I have excess cash I rather buy the freehold condo at the hillview area, and must be near the hillview mrt! at least it is freehold, don't need to count down to its short life span! Seeing the craze about pte property, whether 60 years or not, I feel great about my future to early retirement!

RCT
18-01-14, 07:07
Do not to go so far. There is couple of FH condos in close proximity. Rental is also not so strong there. Buyer should be worried if depends on rental.

I think it is the low premium... But for me, PC means must get a FH if possible.

henryhk
18-01-14, 08:28
Do not to go so far. There is couple of FH condos in close proximity. Rental is also not so strong there. Buyer should be worried if depends on rental.

I believe in thinking long term, and future development in next 5 years, downtown line 2 ready, new shopping , like mall at hillier , mall at Bukit panjang! Green corridor .... Everyting will change in 3 years time

lionhill
18-01-14, 08:48
it all depends on how much excess cash you talking about. For this project, I reckon many buyer would be buying without bank loan.

Freehold or leasehold, most estate will not last more than 50 years. The most important part is it location.

For project like this, if the buyer can recover their investment through rental within 30 years (which is not impossible) the remaining 30 years will be bonus.
Several years earlier, some chose to take 30 years lease HDB shophouses, it turns out not working as well. not sure of this 60 years condo.

given 30 years time span, buying an endowment plan will also confirm to be doubled.

iridrium
18-01-14, 10:33
What this means is that any old condos more than 55yrs remaining should see a price adjustment upwards.