What are the most recent transactions of Hillion Residences 1-bedroom units compared to nearby condos?

Question

most recent transactions of hillion residences 1 br vs nearby condos

Accepted Answer

For the most recent transactions at Hillion Residences and nearby condos, here are some key points:

Recent transactions for 1-bedroom units at Hillion Residences, which are typically around 463-549 sqft, have been recorded in the range of S$640,000 to S$858,000.
The highest recorded transaction price per square foot at Hillion Residences was S$1,901 psf in May 2024, although this may not be specifically for a 1-bedroom unit.
The average price per square foot for Hillion Residences has been around S$1,600 to S$1,800 psf in recent transactions.

The Tennery: This condo is located near Hillion Residences and has seen transaction prices for similar unit sizes (around 700-900 sqft) in the range of S$980,000 to S$1,350,000. The rental yield and price per square foot are generally lower than Hillion Residences, with prices around S$2.96 psf for rentals.
Maysprings: Another nearby condo, Maysprings has older units and lower transaction prices. For units around the same size, prices are generally lower, with rental rates at about S$2.18 psf. However, this condo has seen significant appreciation due to the development of the Bukit Panjang MRT line.

Hillion Residences, being an integrated development connected to the Bukit Panjang MRT and Hillion Mall, tends to command higher prices and rental yields compared to nearby condos like The Tennery and Maysprings.
The proximity to amenities and public transport makes Hillion Residences more desirable, reflecting in its higher transaction prices and rental rates.
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