Hill @ One-North condo sells 43 units at launch; Hillshore sells 3

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Analysts say the market sentiment has turned more cautious.

The Hill @ One-North, located in Slim Barracks Rise, sold about a third of its 142 units on the first booking day.

The units – sold at an average price of approximately $2,595 per sq ft on April 20 – were mainly two-bedroom , two-bedroom plus study , three-bedroom and three-bedroom plus study apartments, a project spokesman said on April 21. Singaporeans accounted for 86 per cent of the home buyers, with the rest being permanent residents and foreigners for the 99-year leasehold project located in Slim Barracks Rise.

The analyst at the property portal noted that the developer has sufficient time to sell all the units before the 2026 deadline for the additional buyer’s stamp duty kicks in, and may not be inclined to lower prices.

Source: News Formal (newsformal.com)

 

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