12 August 2014
Comparative Market
Analysis Hillion (99 yrs)
Commercial / Residential Development
Jelebu Road / Petir Road
GLS awarded on 02 Dec 11
Land Size: 204,024 sqft (PR 3.0)
Land Price: $492,882,000 ($805 psf ppr)
Tree House (99 yrs)
City Developments Limited (Residential)
Chestnut Ave
Land Size: 244,815 sqft (PR 2.1)
429 Units in 4 Blocks of 24 Stories
TOP 2014
Sub Sales Transacted Price Psf : $894 -$1102 psf
Foresque Residences (99 yrs)
Wing Tai (Residential)
Petir Road
Land Size: 244,815 sqft (PR 2.1)
496 Units in 5 Blocks of 24 Stories
TOP 1st Half 2015
Transacted Price Psf $845 - $1378 psf
ECO Sanctuary (99 yrs)
SP Setia (Residential)
Chestnut Avenue
GLS awarded on 24 Nov 2011
Land Size: 201,286 sqft (PR 2.1)
Land Price: $180,000,000 ($426 psf ppr)
Est 450 units
SCB Terraform (99 yrs) Landed
Chestnut Ave / Almond Ave
GLS awarded on 08 Dec 11
Land Size: 138,783 sqft
Land Price: $70,800,000 ($510 psf ppr)
40 units – 10 Bungalows / 30 SemiD
SemiD – 2200 / 4900 sqft
Asking $3.5m
Skywoods (99 yrs)
Residential (2.1)
Dairy Farm Road
GLS awarded on 18 Sept 2012
Land Size: 188,861 sqft
Land Price: $244,318,000 ($616 psf ppr)
Kingsford @ Hillview Peak
Kingsford Development Pte Ltd (99 yrs)
Residential (2.8)
Hillview Ave
GLS awarded on 06 March 2012
Land Size: 136,147 sqft
Land Price: $243,216,999 ($638 psf ppr)
The Hillier (99 yrs)
Far East Organization
Commercial / Residential Development
Hillview Ave
Land Size: 158,863.84 sqft
528 Units in 2 Blocks of 22 / 28 Stories
TOP 2016. 506 units (96%) Sold
Transacted Price Psf $1093 - $1779 psf
Comparative Market Analysis
Project Name Tree House Foresque Residences The Tennery Hillier
Developer CDL Wing Tai Asia Far East Organization Far East Organization
Location 60, 62, 66, 68
Chestnut Ave 101, 103, 105, 107 & 109 Petir Road
3, 3A, 5, 5A
Woodlands Road Hill View Avenue
Tenure 99 yrs frm 23 Nov 2009 99 yrs frm 10 Jan 2011 99 yrs frm 24 May 2010 99 yrs frm 01 Aug 2011
Est. TOP Dec 2014 2014 2014 30 June 2015
District 23 23 23 23
Plot Size 244,345 sqft 244,000 sqft Residential – 168,403 sqft
Commercial – 121,192 sqft 153,864 sqft
Type of
Development
Residential
4 Towers of 24 Storey
Residential
5 Towers of 24 Storey
Mixed Development
4 Towers of 16 Storey
Mixed Development - 2 Towers
London Tower 28 Storey
New York Tower 22 Storey
Architect ADDP Architects ARC Studio Architect RSP Architects RSP Architects
Total Units 429 units 496 units 338 units 528 units
Type Of Units
2 br - 48 units (11%)
721 / 926 / 990 sqft
2 + Study - 72 units (17%)
807/ 1012/ 1076 sqft
3 br – 119 units (28%)
1152/ 1163/ 1292/ 1485/ 1550 sqft
3 + Study – 116 units (27%)
1227/ 1249/ 1550/ 1625/ 1636 sqft
4 br – 66 units (15%)
1410/ 1561/ 1959 sqft
PH 3br – 5 units (1%)
1970/ 2024/ 2282 sqft
PH 5br – 3 units 2917 sqft
Cabana units – 18 units (4%)
1515 – 2013 sqft
1 br – 38 units (8%)
463 sqft
2 br – 126 units (25%)
667/ 710/ 732/ 743 sqft
3 br – 168 units (34%)
1130/ 1184 sqft
3+ Study – 84 units (17%)
1238/ 1270/ 1281 sqft
4 br – 42 units (8%)
1399 / 1421/ 1432 sqft
Penthouse – 20 units (4%)
1119 sqft – 2573 sqft
1 br – 227 units (67%)
614 / 624 sqft
2br – 111 units (33%)
850 – 937 sqft
New York Tower – 270 units
1 br – 60 units (11%)
445 – 502 sqft
1+study – 150 units (28%)
514 – 570 sqft
2+study – 60 units (11%)
698 – 727 sqft
London Towers – 258 units
1 br – 78 units (15%)
502 – 510 sqft
1+study – 80 units (15%)
536 – 554 sqft
2+study – 100 units (19%)
691 – 729 sqft
Remarks SOHO Concept – 3.4m Ceilings
Abv Bukit Panjang LRT
2 Different Theme
SOHO Concept – High Ceilings
Sales Status as @
Aug 2014 Sold 429 Units (100 %)
Sold 475 Units (96%)
Bal: 21 units Sold 338 Units (100%) Sold 506 Units (96%)
Last 5
Transactions
Re-Sales Transacted Price Psf : $1042 -$1177 psf
20 Jun 14: #13-17, 1152 sqft - $1068 psf
10 Jun 14: #14-10 ,1410 sqft- $1092 psf
27 May 14: #08-11, 1152 sqft - $1042 psf
9 May 14: #17-15, 1410 sqft - $1177 psf
2 May 14: #14-09, 1249 sqft -$1078 psf
Subsale:
02 Jun 14: #23-20, 463 sqft $1491 psf
New Sale:
03 Apr 14: #14-13, 1399 sqft, $1286 psf
13 Jan 14: # 01-05, 1518 sqft, $1240 psf
27 Dec 13: #01-04, 1528 sqft, $1163 psf
20 Jul 13: #01-15, 1690 sqft, $1273 psf
Subsale:
08 Apr 14: #08-21, 861 sqft, $1109 psf
14 Feb 14: #11-33, 614 sqft, $1271 psf
02 May 13: #08-24, 614 sqft, $1304 psf
07 Feb 13: #08-31, 614 sqft, $1320 psf
28 Jan 13: #07-23, 624 sqft, $1217 psf
New Sale:
19 Mar 14: #07-10, 818 sqft, $1229 psf
17 Mar 14: #13-01, 506 sqft, $1277 psf
13 Feb 13: #24-04, 614 sqft, $1536 psf
30 Jan 13: #25-04, 614 sqft, $1538 psf
Comparative Market Analysis
Project Name The SkyWoods Hillion Residence Kingsford @ Hillview Peak
Developer Bukit Timah Green Development Pte Ltd Sim Lian Group Kingsford Development Pte Ltd
Location Diary Farm Road 8, 10,12 Jelebu Road 101, 103, 105
Hillview Rise
Tenure 99 yrs frm 21 December 2012 99 yrs frm 04 January 2013 99 yrs frm 04 June 2012
Est. TOP 31 Dec 2016 2017 30 November 2016
District 23 23 23
Plot Size 188, 863 sqft 204,026 sqft 136,148.45 sqft
Type of Development Residential
6 Towers of 15 Storey
Mixed Development comprises of retail &residential ,
integrated with bus interchange, link to Bt Panjang LRT
3 Towers of 23 Storey
Residential
1 Tower of 26 storey
2 Towers of 12 storey
Architect Design Link Architects Pte Ltd
Total Units 420 units 546 units 512 units
Type Of Units
1+1 br - 28 units (6%)
527 - 581 sqft
2 br – 70 units (16%)
614 – 840 sqft
3 br (Compact) – 84 units (20%)
872 – 1119 sqft
3 br (Standard) – 126 units (30%)
990 – 1184 sqft
4 br (Compact) – 56 units (15%)
1119 – 1389 sqft
4 br (Standard) – 28 units (6%)
1292 – 1496 sqft
PH 1+Study to 4 br – 28 units (6%)
592 – 1625 sqft
1 br – 213 units (39%) 463 - 549 sqft
1 br (SOHO) – 120 units (22%) 463 & 474 sqft
2 br – 104 units (19%) 710 & 872 sqft
2 br (SOHO) – 60 units (11%) 710sqft
3 br – 16 units (2%)
1163 sqft
4 br – 22 units (4%)
1356 – 1410 sqft
Penthouse – 16 units (3%)
1 br: 517 – 635 sqft
1 br (PES): 603 – 732 sqft
1+Study: 603 – 635 sqft
1+Study (PES): 732 sqft
2 br: 775 – 915 sqft
2 br (PES): 947 – 1076 sqft
3 br: 1044 – 1216 sqft
3 br (PES): 1324 – 1399 sqft
4 br: 1249 – 1399 sqft
4 br (PES): 1572 sqft
1 br (PH): 980 – 1119 sqft
2 br (PH): 990 sqft
3 br (PH): 1851 – 2207 sqft
4 br (PH): 2530 sqft
Remarks 3 & 4 br Sold Out
Sales Status as @ Jun
2014
Launched in October 2013
Sold 101 Units (24 %)
Sold 258 Units (47%)
Bal: 288 units Sold 160 Units (31%)
Avg Price ($) PSF
Achieved
Last 5 New Sales Transacted
23 Jul 14: #11-07, 1195 sqft - $1196 psf
22 Jul 14: #06-16, 614 sqft- $1318 psf
22 Jul 14: #08-19, 527 sqft - $1308 psf
21 Jul 14: #10-18, 527 sqft - $1308 psf
17 Jul 14: #09-15, 624 sqft -$1307 psf
Last 5 New Sales Transacted
03 Jul 14: #15-15, 463 sqft - $1526 psf
07 Apr 14: #08-04, 463 sqft- $1509 psf
20 Mar 14: #08-28, 463 sqft - $1459 psf
18 Mar 14: #08-16, 463 sqft - $1421 psf
19 Feb 14: #10-09, 463 sqft - $1438 psf
Last 5 New Sales Transactions:
21 Jul 14: #03-25, 775 sqft, $1347 psf
14 Jul 14: #05-23, 527 sqft, $1463 psf
04 Jun 14: #05-30, 517 sqft, $1447 psf
29 May 14: #03-17, 1044 sqft, $1317 psf
25 Apr 14: #10-33, 786 sqft, $1433 psf
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