Terra Hill Condo at Yew Siang Road By Hoi Hup & Sunway (Hot Launch 2022)

Terra Hill, Terra Hill Condo, Terra Hill Hoi Hup, Terra Hill Pasir Panjang

Terra Hill Latest Updates

Thursday, December 12th 2024 : Register With Us To Receive Latest Site Plan & Floor Plans!
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Thursday, December 12th 2024 : Welcome To Terra Hill!

Project Name	Terra Hill 顶丽峰
District	District 05 – Buona Vista, Pasir Panjang, Clementi
Developer & Registered Address	Hoi Hup & Sunway
Address	Yew Siang Road
Showflat Location	Yew Siang Road (Click here for more)
Developer Sales Hotline	(+65) 83490719
Est Indicative Selling Price Range	Above S$ psf (Click here for more)
Tenure	Freehold
Description	Terra Hill (Former Flynn ParK) re-developed by Hoi Hup & Sunway. Target to launch in H2 2022, and for official details project details, floor plans, showflat appointment to be obtained at https://www.terrahill.sg
No of Units	Est 271 residential units
Land Size	208,443 sq ft.
Lot Number	MK03-02062L
Developer’s Licence No:	TBA
Project Account No:	TBA
Financial Institution:	TBA

Review on Hoi Hup & Sunway Emerged As The Developer of Terra Hill Condo

In one of the biggest collective sales in the city this year, Hoi Hup and Sunway Development have jointly acquired Terra Hill Condo for S$371 million ($276.1 million) through a joint venture. The site at 18-22 Yew Siang Road was offered through a public tender, with Sevillis Singapore overseeing the deal.

The upcoming Terra Hill Condo site is equivalent to a land rate of $1,355 psf ppr and $1,318 psf ppr, including a 7% bonus balcony area in the GFA. The price factors the development charges of around $24 million to increase the plot ratio to 1.4 as stipulated by the URA Master Plan 2019. An extra $16 million development charge is due for the additional 7% bonus GFA.

The upcoming condo development will feature around 271 units to benefit from its strategic location on a unique hillside plot offering its residents a spectacular view to the south. Besides, the area is peaceful and lush, with easy access to a wide range of family-friendly amenities, which makes your life here comfortable.

It is next to Harbourfront Centre shopping centre and Kent Ridge Park. So, everything is nearby, whether it’s fetching daily necessities, access to food, entertainment, or leisure. The excellent accessibility also means residents can access more amenities in the city and nearby towns.

Connectivity around the neighbourhood is enhanced. An MRT station is right at the corner from Terra Hill Condo. The residence is also accessible through the West Coast Highway, close to many bus stops, and less than 500m from Pasir Panjang MRT Station that runs on the Circle Line, providing residents seamless commutes to the city.

Being close to the new Southern Waterfront development, Terra Hill Condo will benefit immensely. Terra Hill Condo residence is a nice choice for investors looking to enjoy good capital appreciation with its excellent location.

Terra Hill Condo is brought to you by a collaboration of two renowned developers, so future residents can look forward to well-designed and spacious units with a range of modern facilities.

Terra Hill Key Selling Points

Terra Hill Condo will feature many essential facilities from car parks, pools, gyms, and kids’ playgrounds. With these facilities at your doorstep, you’ll save a lot of time from having to travel far to meet your needs. Outside Terra Hill Condo, there are many features that make this residence appealing.

These are the top reasons to live or invest in Terra Hill Condo:

Traveling is easy with Pasir Panjang MRT a mere 5 minutes walk away. Labrador Park MRT Stations and Haw Par Villa MRT Station are also nearby.
It’s within a 5 mins walk at Pasir Panjang Food Centre. Many more restaurants, eateries, and F&B outlets are in the vicinity.
Fetch your groceries close to home at Cold Storage Anchorpoint, NTUC Fairprice (Telok Blangah), and NTUC Fairprice (PSA Branch).
Shop for everything at a stone’s throw distance from Viva Vista Shopping Mall, Alexandra Retail Centre, and Queensway Shopping Centre.
Reputable schools like ISS International School are a short drive away.
Leisure and recreation are available nearby at Hort Park, Kent Ridge Park, Pasir Panjang Park, and Labrador Park are a short walk away.

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Latest Information Terra Hill Price List As At Thursday, December 12th 2024 updated, Register to receive the price list and book showflat appointment!

Benefits that Terra Hill Condo Residents Will Enjoy Living in Pasir Panjang, District 5 of Singapore

Walking Distance From Terra Hill To Pasir Panjang MRT Station (CC26) only around 7 mins walk

Terra Hill – Unmatched Convenience

Terra Hill Condo is situated in a serene and well-connected neighbourhood with a good mix of community facilities. When living here everything you need for your day to day life is mere minutes away, so you don’t have to worry about travelling to distant places.

Not just close to the city, Terra Hill Condo is a short 5 min walk to Pasir Panjang MRT. It also has good access to Central Expressway (CTE), Ayer Rajah Expressway (AYE), and East Coast Parkway. That means travelling to the Business District and other vital parts of Singapore is seamless for Terra Hill Condo residents.

Situated in a family-friendly neighbourhood, families living at Terra Hill Condo are within minute reach of all their needs. Several good schools like ISS International School, and Tanglin Trust School are within easy reach. Hospitals and childcare facilities are also closeby, making enhanced medical care accessible.

When you need to shop, take a few minutes walk to the nearby Alexandra Retail Centre, where you’ll find a host of amenities. Queensway Shopping Centre is also right at the corner, providing more amenities from food courts, restaurants, supermarkets to entertainment facilities.

With unmatched convenience, a comfortable life awaits you at Terra Hill Condo. You can get to your workplace in the CBD within a few minutes and enjoy your weekend at Kent Ridge Park nearby with a tranquil environment home to many recreational activities.

Terra Hill Condo’s location near the Greater Southern Waterfront development makes it a great investment opportunity. Investors will enjoy good investment yields while homeowners will get access to a luxurious life with everything within the vicinity.

Terra Hill Excellent Connectivity

With Pasir Panjang’s established transport network, traveling around and outside the neighbourhood is stress-free. Terra Hill Condo residents have access to public and private transport means. The nearest MRT is Pasir Panjang MRT which is under 400m from Terra Hill Condo. Other nearby MRTs serving the residents include The Haw Par Villa and Labrador Park MRT.

With its strategic location on Yew Siang Road off West Coast Highway, car owners can quickly access the W. Coast Highway to connect to various places. Public transport users can access bus stops in the neighbourhood, with the nearest one being at Opp Currency Hse, a mere 3 min walk from your home.

Latest Updates As At Thursday, December 12th 2024 updated, Register to receive the price list and book showflat appointment when ready!

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Terra Hill – Proximity to Schools

If you are looking for a place close to good schools to raise a family, Terra Hill Condo makes a perfect choice because of its proximity to reputable schools. There are childcare centres, primary, secondary, tertiary, and international schools at a stone’s throw distance from your home. Although not as many schools as some neighbourhoods, parents still have many options when picking schools for their kids.

Living close to your kid’s schools allows them to get to school on time and arrive home early without lengthy and hectic commutes. Since the transport network in the area is advanced, you kids will have an easy time travelling to and back from school.

Here are some of the schools within an easy reach from Terra Hill Condo:

Tanglin Trust School
ISS High School
Blangah Rise Primary School
Inspiration Design International School
Gan Eng Seng Primary School
New Town Primary School

Alexandra_Retail_Centre_Near_To_Terra_Hill_Former_Flynn_Park_New_Condo_at_Yew_Siang_Road_Pasir_Panjang_By_Hoi_Hup_and_Sunway

West_Coast_Plaza_Near_To_Terra_Hill_Former_Flynn_Park_New_Condo_at_Yew_Siang_Road_Pasir_Panjang_By_Hoi_Hup_and_Sunway

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Terra Hill Condominium Enjoys Easy Access to Shopping Malls

Even the most shopping enthusiast living in Terra Hill Condo will be satisfied when meeting necessities. The residence is close to many shopping amenities where residents can get fresh produce and other household items. Some nearby places include Cold Storage at Anchorpoint, NTUC Fairprice (PSA Branch), NTUC Fairprice at Telok Blangah, and NTUC Fairprice (Stirling Road).

Also close to Terra Hill Condo are Alexander Central, Queensway Shopping Centre, and Alexandra Retail Centre. The malls are home to a variety of amenities that offer essential goods and services from clothes, accessories, food, and bank and ATM services. Entertainment facilities are also available to keep your shopping experience lively.

Pasir Panjang Wholesale Centre is home to all fresh produce, from vegetables, fruits to dried goods. It features more than 1,000 cold rooms, shops, and stalls that provide all your grocery needs.

Proximity to Eateries and Restaurants – Terra Hill Yew Siang Road

Pasir Panjang is praised as a food paradise, and the food scene doesn’t disappoint. When you don’t feel like cooking, there are many unique food places close to Terra Hill Condo that you can head to for delicious foods.

Whether you are craving a hearty brunch or want to enjoy coffee with friends as you chill out, there is no shortage of restaurants. There are many food gems in Pasir Panjang, with an extensive menu featuring local authentic Chinese foods, Thai dishes, to western delicacies.

E-Sarn Thai Corner is where you want to be for some tasty Thai dishes. The restaurants offer a variety of foods with roots from North to South Thailand. Uncle Ho’s Tuckshop next to Pasir Panjang MRT is also a nice place for original Vietnamese dishes.

If you are a fan of hawker dishes, the nearby Pasir Panjang Food Centre is a good choice. This hawker center features all popular fare, including chicken wings, fried carrot cake, satay, seafood rice, sliced fish soup, seafood steamboat, and rojak from its over 40 stalls.

Here are more dining spots close to Terra Hill Condo:

3 Monkeys
Esarn Thai Corner Pasir Panjang
Hillman 99 Restaurant
Magic Square
Pasir Panjang Malay Food
SANDO at Alexandra Technopark
Vineyard
Hopscotch (Gillman Barracks)
Yuzutei Japanese Restaurant

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Outdoor Parks Around Terra Hill

Living close to nature parks and recreational spaces means you won’t run out of places to enjoy your morning or evening runs and jog. On weekends, no more boring time outdoors since many activities for everyone in the family awaits in the nearby parks.

Nothing is more satisfying than living in a serene environment with access to incredible green spaces ideal for relaxing and unwinding after a long busy week. One of the closest parks to Terra Hill Condo is HortPark, accessible within just 6 mins walk. Kent Ridge Park is also less than a 10 min walk away, while other amazing parks like West Coast and Labrador Park are a short distance away.

Henderson Waves, an extraordinary pedestrian-friendly bridge hanging 36 m above the ground, is also closeby. It links Telok Blangah Hill Park and Kent Ridge Park. It’s a perfect place to kick off your hike on the Southern Ridge trail.

HortPark

Hot park doubles as an eco-friendly green zone and an educational centre for gardening and plants. The peaceful park is ultra-relaxing and has enough green spaces featuring vegetable and fruit gardens. You can access this park within a 6 mins walk from Terra Hill Condo and spend some quality time in nature’s hands.

Kent Ridge Park

Close to Terra Hill Condo is the family-friendly Kent Ridge Park, a nice destination for outdoor exercise. The beautiful park is rich in history and was once a battleground during the Japanese invasion in the second world war. The park has been preserved and is now home to a spectacular green space with many amenities.

The quiet park is home to two natural ponds, a paved walking path under scenic trees, biking trails, a 280m canopy walk, a series of fitness stations, and a children’s playground with equipment. There’s a lot to enjoy in this historical park full of wildlife and natural vegetation biodiversity. Nature lovers living in Terra Hill Condo will love it here.

Kent Ridge Park is among the five parks under the Southern Ridges; the other four are Labrador Nature Reserve, HortPark, Telok Blangah Hill Park, and Mount Faber Park.

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Healthcare Facilities Around Terra Hill

With many hospitals and speciality clinics a short drive away, Terra Hill Condo is an excellent choice for families with young kids or the elderly. Having many healthcare facilities around your home ensures you quickly get quality medical services.

These are some of the healthcare centres accessible under a 10 min ride from Terra Hill Condo:

Singapore General Hospital
The Clinic Group @ Business City
Alexandra Hospital
Kensington Family Clinic
Fullerton Health @ Alexandra Retail Centre
National University Hospital
Farrer Park Hospital

Latest Updates As At Thursday, December 12th 2024 updated, Register to receive the price list and book showflat appointment when ready!

Terra Hill Condo: Market Performance Compared To Other RCR Options

Besides the living comfort that residents of Terra Hill Condo will enjoy, it’s also important to look at the market performance of similar properties in the Rest of Central Region (RCR). Terra Hill Condo is a highly sought-after property considering its city-fringe location.

Units in the city’s outskirts like Pasir Panjang tend to be cheaper than those in the CCR but more attractive than those Outside Central Region (OCR). A look at the sales figures shows that demand for properties in the RCR region is high among both investors and homeowners. This is due to the excellent connectivity and proximity to Singapore’s CBD.

Recent statistics show that houses in RCR are more popular compared to CCR or OCR properties, which is reflected in the high prices. In 2021, prices in RCR increased by 16.94%, up from 4.69% and 2.8% in 2020 and 2019, respectively.

Compared to other recently launched properties in the area, such as Bijou at $2,214 psf, Stirling Residences at $2,635 psf, and Kent Ridge Hill Residences at $2,154 (projected price), with Terra Hill breakeven psf price about $2,0xx psf, it will be a project worth looking at.

And don’t forget, Terra Hill Condo is a freehold property. But what does that mean, and does it affect the capital appreciation? Let’s take a look.

Pasir Panjang in 5-10 Years

According to URA Master Plan 2019, Pasir Panjang falls under the Queenstown Planning area, part of the Rest of the Central Region (RCR). Queenstown is a pioneer satellite town and has undergone various redevelopments recently. With many plans underway, including expansion of nature and recreation spaces, injection of new housing units, creating job opportunities, and adding more community facilities, Queenstown will continue to grow as a live, work, and play area.

Here are some of the new and upcoming developments in Queenstown set to benefit Terra Hill Condo residents:

The Greater Southern Waterfront: This upcoming waterfront development project extends from Pasir Panjang towards Marina East. It will become a major modern gateway offering an urban lifestyle on Singapore’s southern coast.
Rail Corridor: The Rail Corridor stretches to the southern part of Singapore, including the Greater Southern Waterfront and Woodlands North Coast area. The green corridor will give residents better access to nature.
Enhanced accessibility: Various areas across the Greater Southern Waterfront, including West Coast Park, Pasir Panjang Linear Park, and Labrador Nature Reserve, will be connected by a continuous waterfront promenade.
Addition of public housing residential developments in Dawson Estate and Queensway near the Rail Corridor.
New commercial amenities including rejuvenating the former Commonwealth Avenue Wet Market and Food Centre.
Injection of new mixed-use developments at Rochester Park and Holland Village Extension featuring pedestrian malls and public spaces adding to the area’s vibrancy.
New Integrated Underground electrical substation- the first one in Singapore. It will feature offices and different commercial spaces and will be operational by 2025.

The future Pasir Panjang residents will enjoy living in a self-sufficient and livable town with easy access to healthcare, shops, schools, parks, and other community facilities. The commercial nodes are close to Pasir Panjang, allowing residents to work close to home.

Market Performance: Freehold vs. Leasehold Ownership

Before you buy a property, it’s important to understand the difference between freehold and leasehold properties. Basically, it’s about what ownership right you acquire with the purchase.

District 05: Leasehold Tenure Performance from 1995 to 2022

District 05 Leasehold Performance from 1995 to 2022

District 05: Freehold Tenure Performance from 1995 to 2022

District 05 FREEHOLD Performance from 1995 to 2022

But how does the difference between the two affect price trends? Here’s a comparison of the price performance of freehold and leasehold properties between 1995 and 2022:

At first glance, leasehold properties may seem more attractive than freehold properties. However, the above charts on freehold prices show an impressive 166% increase in value, which is higher than the 157% for leasehold flats over the same period. Buying a freehold property can therefore lead to better capital gains in the long run.

But of course, accessibility, amenities and future neighbourhood developments also affect price performance. Fortunately, Terra Hill, a property in District 5, meets all of the above criteria, making it attractive to investors and homebuyers alike.

For another comparison on the newer project returns, here’s the performance of The Verandah Residences, which launched in June 2018 and is located right next to Terra Hill (within 1 km). The Verandah Residences resale figures show 3 sub-sales units, of which 67% are 3-bedroom units. This indicates between $37,000 and $348,888 owner profit, an average of $179,963 or $237 psf.