Square Foot Research Singapore

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THE HILLSIDE

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Project Information

Project Name

THE HILLSIDE

Street Name

Upper Bukit Timah Road

Property Type

Condominium

Tenure

Freehold

District / Planning Area

D21 / Bukit Batok

Completion

2001

Number of units

340 units

Indicative price range / Average*

-

Indicative rental range / Average*

S$ 2.80 - S$ 4.29 psf pm / S$ 3.48 psf pm

Implied rental yield

-

Historical high

S$ 1,504 psf in Apr 2023 for a 1,044-sqft unit

Indicative average price from historical high

-

Historical low

S$ 275 psf in Oct 2002 for a 1,636-sqft unit

Buyer profile by status#

Singaporean 79.5%, PR 11.5%, Foreigner 6.7%, Company 0.8%

Buyer profile by purchaser address#

HDB 41.5%, Private 58.5%

Note: *Based on contracts in the last 6 months. #Based on all available caveats, it does not represent the breakdown of current owners.

Location

Transaction Prices, Rents, Trends and Analysis

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Nearby properties

Price Comparison (Up to 10)

Source: URA, https://www.squarefoot.com.sg

Rental Comparison (Up to 10)

Source: URA, https://www.squarefoot.com.sg

Price and rental comparisons (Up to 10)

Note: Excludes properties with no transactions in the past 6 months, except for Subject Property. *Prices and rentals are based on data in the past 6 months. If Subject Property does not have transactions during this period, data shown is from the 6-month period from last transaction date.
Source: https://www.squarefoot.com.sg
Marker Project Tenure Completion Distance
(m)
Lowest price*
(S$ psf)
Average price*
(S$ psf)
Highest price*
(S$ psf)
Lowest rental*
(S$ psf pm)
Average rental*
(S$ psf pm)
Highest rental*
(S$ psf pm)
Rental yield
(%)
THE HILLSIDE Freehold 2001 - 1,504 1,504 1,504 2.80 3.47 4.57 2.8
HUME PARK I Freehold 1995 107 1,438 1,546 1,653 2.69 3.37 4.07 2.6
SYMPHONY HEIGHTS Freehold 1998 445 1,569 1,595 1,621 2.62 3.66 4.32 2.8
PARC PALAIS Freehold 1999 575 1,498 1,607 1,675 2.88 3.65 4.64 2.7
HILLVIEW APARTMENTS Freehold 1997 668 1,344 1,344 1,344 2.59 2.94 3.56 2.6
SPRINGDALE CONDOMINIUM 999 yrs FROM 1877 1998 715 1,457 1,575 1,672 2.61 3.87 4.74 2.9
BUKIT REGENCY Freehold 1995 736 1,602 1,643 1,669 2.62 3.30 3.79 2.4
HILLVIEW GREEN 999 yrs FROM 1883 1998 753 1,425 1,489 1,570 2.84 3.43 4.21 2.8
PARK NATURA Freehold 2011 757 1,542 1,542 1,542 2.55 3.34 3.97 2.6
THE LANAI 999 yrs FROM 1885 2014 767 1,453 1,564 1,622 3.47 4.25 4.87 3.3

Location of nearby properties

Note: Excludes properties with no transactions in the past 6 months.
Source: https://www.squarefoot.com.sg

Nearby land sales / new launches

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Status Name Location Land attributes Estimated Breakeven

on 22 Nov 2012

(Now known as The Hillford)

Street
Site use Residential
Sale Type
Tenure 99
Site area (sqm) 10,170.8
Site GFA (sqm) 14,239.0
Highest bid ($m) 73.8
Highest bid ($psf) 481.5
Number of bids 23
Remarks
Land ($m) XX
Construction ($m) XX
Land Financing ($m) XX
Professional / Legal / Taxes ($m) XX
Marketing / Others ($m) XX
Est. Total Cost ($m) XX
Est. Breakeven ($psf ppr) XX
Developer Aspial

on 7 Sep 2018

(Now known as Verdale)

Street
Site use Residential
Sale Type
Tenure 99
Site area (sqm) 14,234.9
Site GFA (sqm) 19,929.0
Highest bid ($m) 215.0
Highest bid ($psf) 1,002.3
Number of bids 3
Remarks
Land ($m) XX
Construction ($m) XX
Land Financing ($m) XX
Professional / Legal / Taxes ($m) XX
Marketing / Others ($m) XX
Est. Total Cost ($m) XX
Est. Breakeven ($psf ppr) XX
Developer COHL Singapore Pte. Limited and CSC Land Group (Singapore) Pte. Ltd.

Disclaimer

This report provides information as reference resource for your personal consumption only. It is not intended to be and does not constitute financial advice, investment advice or any other advice. This report has been generated without regard to the individual financial circumstances, needs or objectives of persons who view it. Users should not rely on any of the information herein as authoritative or substitute for the exercise of their own skill and judgment in making any investment or other decision. By the use of our services, you agree that any and all use of this report which you make, is solely at your own risk and without any recourse whatsoever to Square Foot Research Pte. Ltd., its related and affiliate companies and/or their employees. Square Foot Research Pte. Ltd. makes reasonable effort to use reliable and comprehensive information to generate this report, but we make no representation that it is accurate or complete.

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