109 units at Hillsta project in Choa Chu Kang sold

Far East Organization has sold 109 units at its Hillsta project at Choa Chu Kang Road/Phoenix Road which was released last week.

The property giant, which is developing the 99-year leasehold project with Sekisui House and China Construction, provided average per square foot (psf) prices according to various unit types in the 416-unit development.

The project has condominium apartments, Soho- style apartments (with a higher-than-usual floor-to- ceiling height of 3.6 metres) and 20 strata townhouses.

The average price of three-bedder, two-bedder and one-bedder condo units are $918 psf, $984 psf and $1,042 psf respectively. As for the Soho-style apartments, average psf prices are $1,093, $1,106 and $1,198 respectively for three, two and one-bedroom units.

Townhouses cost $907 psf on average.

Absolute prices start from $600,000 for a 570 sq ft, one-bedroom condo unit. All prices are net of incentives and discounts.

Far East said yesterday that about 90 per cent of Hillsta's buyers are Singaporeans, with the majority already living in the Choa Chu Kang-Bukit Panjang district.

Source: Business Times – 10 April 2012