The Terra Hill Condo, a luxurious freehold development by Hoi Hup Sunway, offers a range of residential units with varying price points that reflect its exclusivity and premium location.
As of March 2, 2023, one week after its launch, the pricing for the various units at Terra Hill was made available to prospective buyers. It is important to note that these prices are subject to change as units are sold or other market conditions evolve.
The Signature Collection at Terra Hill includes 2-bedroom units ranging from 678 to 840 square feet, priced between SGD $1.865M and $2.03M. The 2-bedroom plus study units, measuring 807 square feet, are offered from SGD $2.103M to $2.272M. For those seeking more space, the 3-bedroom units span 904 to 1,098 square feet and are priced from SGD $2.292M to $3.007M.
The 3-bedroom penthouses, which offer even more generous living spaces of 1,249 to 1,335 square feet, are available from SGD $2.849M to $3.157M. Larger families might consider the 4-bedroom units, ranging from 1,302 to 1,335 square feet, with prices starting at SGD $3.476M up to $3.619M, or the 4-bedroom penthouses, which are sized from 1,539 to 1,862 square feet and priced between SGD $3.548M and $4.725M.
The most expansive units, the 5-bedroom penthouses, offer 2,120 to 2,164 square feet of luxury living space, with prices ranging from SGD $5.483M to $5.58M.
For those seeking the utmost in luxury, the Prestige Collection features 4-bedroom units of 1,894 square feet, priced between SGD $5.261M and $5.585M, and 5-bedroom penthouses that span an impressive 3,035 square feet, withThe Terra Hill Condo, a luxurious freehold development by Hoi Hup Sunway, offers a range of residential units with varying price points that reflect its exclusivity and premium location.
As of March 2, 2023, one week after its launch, the pricing for the various units at Terra Hill was made available to prospective buyers. It is important to note that these prices are subject to change as units are sold or other market conditions evolve.
The Signature Collection at Terra Hill includes 2-bedroom units ranging from 678 to 840 square feet, priced between SGD $1.865M and $2.03M. The 2-bedroom plus study units, measuring 807 square feet, are offered from SGD $2.103M to $2.272M. For those seeking more space, the 3-bedroom units span 904 to 1,098 square feet and are priced from SGD $2.292M to $3.007M. The 3-bedroom penthouses, which offer even more generous living spaces of 1,249 to 1,335 square feet, are available from SGD $2.849M to $3.157M.
Larger families might consider the 4-bedroom units, ranging from 1,302 to 1,335 square feet, with prices starting at SGD $3.476M up to $3.619M, or the 4-bedroom penthouses, which are sized from 1,539 to 1,862 square feet and priced between SGD $3.548M and $4.725M. The most expansive units, the 5-bedroom penthouses, offer 2,120 to 2,164 square feet of luxury living space, with prices ranging from SGD $5.483M to $5.58M.
For those seeking the utmost in luxury, the Prestige Collection features 4-bedroom units of 1,894 square feet, priced between SGD $5.261M and $5.585M, and 5-bedroom penthouses that span an impressive 3,035 square feet, with prices ranging from SGD $8.626M to $8.779M[1:6].
The cost background of Terra Hill is rooted in its acquisition history. The site, formerly known as Flynn Park, was acquired through a collective sale by public tender on July 28, 2021. Hoi Hup Realty & Sunway Developments secured the tender in September 2021 with a bid of SGD $371 million. This translates to a land cost of approximately SGD $1,355 per square foot per plot ratio (PSF PPR).
However, when accounting for the additional 7% bonus balcony space, the land rate adjusts to roughly $1,318 PSF PPR. The total price also includes a development charge of about $24 million to augment the plot ratio to 1.4, alongside another $16 million development charge for the extra 7% bonus gross floor area. After factoring in construction costs, financing, and overheads, the break-even point is estimated to be close to SGD $2,000 PSF, which sets the baseline for the selling price. Given that this is a freehold property and considering that other leasehold projects in the Rest of Central Region (RCR) are already commanding prices above $2,200 PSF, Terra Hill's pricing is positioned to reflect its value and rarity.
For Enquiry & Viewing, Please Contact Official Developer Appointed Sales Team at +65 9048 0660
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