Over 80 of the 120 units released at Far East Organization’s SeaHill project (pictured) were snapped up during the first day of its preview last Friday, at an average price of S$1,300 psf.
SeaHill is a multi-component luxury residential and hospitality development comprising 338 units ranging from one- to three-bedroom condo units and SOHO apartments as well as townhouses.
According to Far East, the 99-year leasehold project is “one of the few remaining new condominium projects with strata landed homes without restrictions to foreign buyers”.
SeaHill’s proximity to West Coast Park and West Coast Plaza shopping mall are key attractions and the most popular units are the two-bedder condos. Over 85 percent of the buyers are Singaporeans mainly from the Clementi and Jurong areas.
Prices start from S$650,000 for a 495 sq ft one-bedroom SOHO apartment.
“The West Coast is developing into a corridor for Singapore’s education, R&D and innovation hubs. Plans for the West Coast area to be developed into a university town are fast coming to fruition, with the thriving communities of Biopolis, Fusionopolis and the upcoming Mediapolis in Buona Vista driving demand for choice homes within the vicinity,” said Chia Boon Kuah, Chief Operating Officer, Property Sales at Far East.
Oasia West, a serviced apartment block managed by Far East Hospitality, is also located within the property and is considered an “ideal accommodation choice” for friends and families of SeaHill residents.
So far, interest has been “very positive and we look forward to meeting the market demand for this first-of-its-kind offering of a residential cum serviced apartment development in the evolving West Coast area,” added Chia.
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