The Hill @One-North ebrochure

PropNex Realty has brokered the sale of a freehold home located in Clifton Vale in the Braddell Heights estate for $19 million. As per a press release issued by the agency, the purchaser was ABN Holding, a local developer.

The Hill @One-North ebrochure is expected to house 140 units of exquisite residences and spacious commercial spaces.

The bungalow, which is single-story, is situated on a 15,705 square foot lot, so the price is roughly $1,210 per square foot on the land. The property was put up for sale in the month of December 2022, with a price guide at $23 million. That tender closed on January 18.

The property is located near to Lorong Chuan MRT Station on the Circle Line, and it is just 1km to St Gabriel’s Primary School and Yangzheng Primary School. Other schools nearby comprise Cedar Primary, Maris Stella High School, Kuo Chuan Presbyterian Primary School, as well as St Andrew’s Junior School.

“The Braddell Heights estate is an exclusive residential area that is well-loved with home buyers due to its exclusivity and peaceful living conditions. Particularly, homes located in Clifton Vale are rarely put up for sale,” says Henry Benjamin Lim who is the head of high quality bungalows and prestige homes at PropNex.

The new owner may “sub-divide and develop the freehold land into three separate homes” subject to the approval of. Because this site sits on a hill, the new property could enjoy panoramic views over the land estate.

“Landed private residences continue rank among the highest sought-after property properties in Singapore because of their limited availability and exclusivity, as well as the prestige. They are also considered to be freehold properties are also believed as an excellent storage space,” says Lim. “Given the constant market for such properties We anticipate the prices of landed homes to remain robust this year.”