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Hillview Peak the next hot property

Posted on 30 May 2013 | Comments Off

The 512-unit Hillview Peak condominium recently launched by Kingsford Development is expected to draw buyers and investors looking for a property in the prestigious yet quiet Hillview area.

The 99-year leasehold project comprises units of up to four-bedrooms and comes will full facilities including a clubhouse, swimming pool, tennis court and basement car parks.

Hillview Peak is within proximity to reputable schools such as Hwa Chong Institution and Raffles Girls’ School as well as the upcoming Hillview MRT station.

The project is expected to be completed in May 2015.

Source – PropGuru – 30 May 2013

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Posted in New Launches

Tagged Hillview MRT Station, Hillview Peak, Hwa Chong Institution, Kingsford Development, Raffles Girls' School

Henley Industrial Building up for collective sale

Posted on 30 May 2013 | Comments Off

The Henley Industrial Building was put up for collective sale on Tuesday.

The four-storey industrial building at Upper Paya Lebar Road has an area of approximately 27,161 square feet with 17 existing units.

Marketing agent CBRE said the building has a reserve price of S$37 million.

This works out to S$545 per square foot (psf) per plot ratio and a breakeven cost of about S$792 psf.

No development charge is expected to be payable.

CBRE added that the building gives a single user the opportunity to develop a standalone freehold industrial building with naming rights.

Alternatively, it can be developed into a strata title industrial building to cater to Small & Medium Enterprises who wish to own their business premises.

The tender closes on July 5, 2013.

Source CNA – 29 May 2013