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Terra Hill is located on the Circle Line near Mapletree's business park Sentosa

Jul 12

Terra Hill news was previously Flynn Park situated within Pasir Panjang. It was bought for S$371 million through an partnership that was formed between Hoi Hup Realty as well as Sunway Developments on 10 Sept 2021.

The price of the sale is around 135 USD per plot (ppr) which is higher than the reserve amount of S$365 million. It was $1,284 per square foot at the time that the property was open to the people on July 28, 2018. of July.

Plus 7 percent Bonus balcony price land is around S$1,318 for an acre.

Terra Hill Yew Siang Road review is located on the West Coast Highway which was prior to Flynn Park contains 72 apartments. It is comprised of freehold 208,443 square feet property. It is located 350m away from Pasir the Panjang station of the MRT. It is close to Mapletree's business parks as well as Sentosa and has services like Pasir Panjang Food Centre and VivoCity.

The Master Plan The Urban Redevelopment Authority's Master Plan the site is classified as "residential" with an area ratio of 1.4.

Hoi Hup Realty and Sunway Developments were awarded Terra Hill (former Flynn Park Condo) through an offer of $371 million. The price of the land at $1,355 per square foot for the plot proportion (psf to refer to plot ratio). If 7% bonus for balconies was combined with GFA and the resultant GFA will be Gross Floor Area (GFA) as a result. This would result in the land value to be $1,318 for each square foot. The amount is inclusive of development costs of around $24 million. This will increase the percentage for this area up to 1.4 within the URA Master Plan 2019. The development costs of $16 million would be paid for that 7.7% reward GFA.

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Terra Hill is located about 350m close to the Pasir Panjang station in the Circle Line and it's close to Mapletree's business park Sentosa, Pasir Panjang Food Centre and VivoCity. The site is located on the outer edge in the center of city zone so residents are able to commute to work in a short amount length of period of. But, Terra Hill is right close to mature and lush nature parklands.

Sunway Developments Pte Ltd Sunway is a wholly owned affiliate to Sunway Concrete Products (S) Pte Ltd. It is a Sunway Group company; The Malaysia business's primary activity is property development as well as REITs for investing in real property as well as design and construction of construction and construction materials such as leisure and education, as well as hotels and information technology. Sunway has been recognized by international organisations like FIABCI and IFAWPCA They also have established partnerships with major investors across the globe, such as Government Investment Corporation of Singapore (GIC), Malaysian Provident Fund (EPF), Kuwait Finance House (KFH) and Goldman Sachs, Sunway Reit is also the biggest Malaysia Reit in the size of its assent, and being the most free-floating.

One of Singapore's leading concrete precasters in Singapore, the company has projects in both public and private sectors, and has worked on several Design & Build Projects such as lkea @ Tampines and The Meadows at Punggol, Design-Build-Sell-Scheme on R&D exercise to implement innovative products such as prefabricated toilet systems and lift upgrading to cater to the needs of the ever-changing market.

In 1983, Hoi Hup Real Estate Pte Ltd was established. Hoi Hup Real Estate Pte. Ltd. Hoi Hup Real Estate Pte. Ltd. is a successful property developer which has constructed more than 900 homes of high-quality and offers a variety of homes for private owners at different phases of development. Our properties that sold out, such as The Ford @ Holland, Suites at Cairnhill as well as Waterford Residence proved that our properties were loved by the general population.