The first freehold private condo launch in the Rest of Central Region (RCR) in 2023 💰
Mark Yip, CEO of Huttons Asia, is of the same view."The weekend sales achieved at Terra Hill were within expectations," he says."Sentiment on the ground is still positive. Even after the Budget announcement of the buyer's stamp duty increase, large crowds at show flats indicated that buying interest has not been affected."
in November 2018. It was entirely sold by November 2022, with the latest transaction being the sale of a strata-terraced house for $3.266 million . Apartments sold from Jul 1, 2022, to Nov 30, 2022, ranged from $1,644 psf to $2,062 psf, according to caveats lodged with URA Realis. Freehold developments in the neighbourhood of Terra Hill, where the most recent is Bijou, launched in 2014 and completed in 2018
Buyers at Terra Hill were predominantly those living in the west, says Huttons' Yip."There was a good mix of investors and owner-occupiers," he adds."Both groups of buyers were drawn to the proximity to the future Greater Southern Waterfront, which is starting to take shape."
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