Sim Lian’s Hillion offers the right mix at Bukit Panjang
By Tan Chee Yuen
/ EdgeProp |
Hillion is Sim Lian Group’s first mixed-use development in Singapore. Hillion Residences — which has 546 units in three 22-to-23 storey blocks — sits on top of the four-storey Hillion Mall, which has 174,730 sq ft of retail space. The residences and mall are linked directly to the Bukit Panjang MRT and LRT stations as well as bus interchange.
Since the mall opened in February, it has become “the pulse of Bukit Panjang”, according to Sim Lian, as it caters to more than 220,000 residents and 760,000 commuters in one of the fastest-growing neighbourhoods.
Hillion Mall has about 100 shops, where over 90% having been taken up. As with most malls today, about 30% of the retail space is dedicated to F&B outlets. Eateries new to Singapore that debuted at Hillion Mall include Ha-Jun Korean restaurant, Kowloon Bay HK Café and Yuba Hut, a restaurant that serves traditional Japanese cuisine with a modern twist. Anchor tenants include a Kopitiam food court with 19 food stalls; a 24-hour NTUC FairPrice supermarket; Amore Fitness & Boutique Spa and Japanese electronics retailer Best Denki.
Hillion is Sim Lian Group’s first integrated development in Singapore. Hillion Residences and Hillion Mall are linked to the Bukit Panjang MRT and LRT stations and bus interchange.
Bringing life to the neighbourhood
On the second level of Hillion Mall are childcare and enrichment centres such as PCF Sparkletots Preschool, Cristofori Music School, dance studio Dancepointe Academy and children’s art studio, Artary. Other services on this level include Du Yi Bookshop, Raffles Medical and Raffles Dental.
Enhancing convenience for commuters are the MRT and LRT stations, which are linked directly to Hillion Mall via bridges and an underpass. The new air-conditioned Bukit Panjang Bus Interchange is expected to draw more visitors to the mall, Sim Lian says. On Aug 8, LTA announced that the Bukit Panjang Integrated Transport Hub would be officially opened on Sept 4.
In an effort to increase vibrancy at the mall, the developer has been organising events such as Zumba dance classes, carnivals and kids’ fiestas at the open air plaza, says Sim Lian’s senior marketing manager, Mabel Tan.
Source: Sim Lian Group
Crowds gather for a weekly Zumba dance event at Hillion’s plaza
Hillion Residences close to 90%-sold
Since the mall opened, sales of Hillion Residences have picked up pace. To date, it is close to 90% sold. Of the 546 units in the project, about 60% (328 units) are one-bedders sized between 463 and 549 sq ft. Another 30% (164 units) are two-bedders of 710 to 872 sq ft. The remainder are a mix of three- and four-bedroom units ranging from 1,163 to 1,410 sq ft. There are also 18 five-bedroom, duplex penthouses, and these are from 2,616 to 3,208 sq ft.
Of the units still available, 45 are one-bedders priced from $1,300 psf, and 17 are penthouses priced from $1,027 psf.
Based on caveats lodged with URA Realis as at Aug 8, the average price achieved for Hillion Residences is $1,394 psf, which is at a premium to other condominium projects in the area. The residential units at Hillion Residences appeal to both owner-occupiers and investors.
“As Hillion Residences is an integrated development, the excellent transport connectivity and convenience of Hillion Mall means tenants will find the project attractive, and landlords should find it easier to rent out their units,” says Eugene Lim, key executive officer of ERA Realty Network.
Source: Sim Lian Group
Only one-bedders (pictured) and penthouses are still available for sale at Hillion Residences
This article appeared in The Edge Property Pullout, Issue 792 (August 14, 2017) of The Edge Singapore.
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