Hi everyone.. Just to share, my other half and I really liked HVP when we went to view on launch day, and ended up buying 2 units. So, imagine my surprise when I found this thread and saw yesnomaybe's post:
As sillyme said:
What kind of agent will mention only one selling point!
Of course, I think this property is not for everyone -- same as all other property, there is no one size fit all solution. So I will just share what it is that I like about HVP, from my point of view:
(1) Greenery & Nature View: HVP is next to MINDEF, which means almost confirm chop stamp got permanent nature view, good air, quiet, tranquility. Right next to green corridor, good for morning walks, jogging, etc. Plus in the north west direction, you will be able to see the hill. Really got hill view.
(2) Food & Amenities: HVP is next to HillV2, the retail mall (part of Hillier) and includes a supermarket, F&B outlets, etc.
(3) Convenience & Transport: 5 minutes away from Hillview MRT, straight line (no need transfer) to CBD area where I work. Government also has plans to build a road/covered tunnel to connect HVP to MRT. MRT built late 2015-early 2016, just nice for HVP TOP in mid-late 2016.
(4) Layout & Space: Room layout is mostly squarish, feels more spacious when you walk in (as compared to more rectangular layout)
(5) Confidence in Developer: To be honest, when I first found out that it is a Hong Kong developer trying to enter the Singapore market, I was quite suspicious... Concerned that they will go bust. So I got my lawyer to check on them, and found out they have 15 million SGD paid up capital. Like that how to go bust... Units moving slowly also can, just slowly sell over 3 years lor.
Anyway, in Singapore, all the money paid to Developer must go into a project account, which the developer is not allowed to touch until the construction is completed; hence, no need to worry if developer goes bust.
I spoke to one of the agents, heard that recently there was a potential buyer who wanted 3 units at 1% additional discount. Developer just outright rejected, confident that they can sell at a higher price(!). which brings me to the next point:
(6) Investment: Next door Hillier sold for 1.6-1.8k PSF. Now you get new units from HVP at 1.3k PSF. you do the math
Hillview area can hold value, plus it is so near upper bukit timah area, it has a slightly upper class feel I think. The shops/tenants at retail spaces nearby, like HillV2 and Rail Mall, also cater to a slightly upper class audience.
Btw, nowadays people don't bother lodging caveats when they buy new properties, so no point looking at the URA website for caveats lodges as it won't necessarily reflect the sales volume.
To share with you all, my other half and I were shopping around for our first home for over 1.5 years, could never find a property with all of the selling points above. Where to find nature view, in tucked away quiet location, yet easy to reach by MRT, got amenities, can hold value, etc etc. So, when we finally found this property, we immediately bought 2 units, 1 for our home stay, 1 for parents/investment.
But like I said, this property is not for everyone. Firstly, hillview area is a bit more atas than other neighbourhoods. And some people don't care about view of the hill, then don't buy hillview lor
So, that's my 2 cents, just sharing my view with you all. And also helping the agent do his job properly.