Terra Hill Yew Siang Rd, Singapore Last updated on 2022 July 08 05:07
|Property Type||Apartment / Condo|
is a new Freehold Low Rise development by Reputable Developer Hoi Hup & Sun Way. Situated in Pasir Panjang has been sold for $371 million to a joint venture between Hoi Hup Realty and Sunway Developments.
District 5 is a good option and prime location for locals as well as foreign tenants. It’s a live, work and play hub with everything conveniently located from your home. Most of the amenities are situated within walking distance, and this coupled with the excellent transportation that neighbourhoods here enjoy makes it the ultimate destination.
With many prominent schools around, the neighbourhood is suitable for family living. Besides, shopaholics have plenty of shopping options when living here. So, if you are looking forward to convenience and easy access to extensive amenities, then the development is the perfect fit. It gives you the flexibility of conducting business close to your home.
Located along Yew Siang Road off West Coast Highway, Flynn Park comprises 72 apartments and sits on 208,443 sq ft of freehold land.
It is about 350m from Pasir Panjang MRT station and is near landmarks such as Mapletree's business park and Sentosa, as well as amenities such as Pasir Panjang Food Centre and VivoCity.
Based on the Urban Redevelopment Authority's 2019 Master Plan, the site is zoned "residential" with a plot ratio of 1.4.
Mr Galven Tan, deputy managing director for investment sales and capital markets at Savills Singapore, said the tender exercise was "keenly contested".
"The result is testament to the strong attributes of the site - the unique opportunity to develop a premium product on the fringe of the city centre and just 350m from an MRT station, yet right next to lush and mature nature parks. We are very pleased to have achieved success for the owners of Flynn Park on their second collective sale attempt," he said.
Describing the Flynn Park property as a rare hill-side plot, Hoi Hup Realty chairman and managing director Wong Swee Chun said the company is looking forward to "developing a premium product on this unique site".