HILLOCK GREEN — New Launch Profile

New Launch Profile Last reviewed

HILLOCK GREEN sits in District 26 (Upper Thomson / Springleaf) and is positioned in the OCR segment of the Singapore private residential market. With 474 units on a undisclosed tenure title and an expected Temporary Occupation Permit (TOP) of 2026, the development is among the new-launch cohort buyers should evaluate against alternative new-builds and resale comparables in the surrounding area. Pricing for new launches typically commands a 10–25% PSF premium over comparable resale, reflecting new-build condition, developer warranty, modern unit layouts, and the staged-payment cash-flow advantage of Progressive Payment Schemes (PPS).

For buyers, the new-launch decision turns on (a) launch-tranche pricing relative to the project’s long-run trajectory, (b) the developer’s track record on construction quality and TOP timing, (c) the surrounding-area supply pipeline (will more launches dilute pricing?), and (d) the macro rate environment between OTP and TOP — SORA can move materially in that 3–4 year window. Cross-reference District 26 (Upper Thomson / Springleaf) pricing and use the ShiokNest price heatmap for segment-level PSF context.

The Singapore new-launch market operates under cooling-measure architecture set in April 2023: foreign-buyer Additional Buyer’s Stamp Duty at 60%, Singapore Citizen second-property ABSD at 20%, and a 55% Total Debt Servicing Ratio (TDSR) ceiling per the MAS TDSR/MSR framework. Stamp duty for HILLOCK GREEN is the dominant upfront cost variable: progressive Buyer’s Stamp Duty per the IRAS BSD rate table plus any applicable ABSD per the IRAS ABSD rate table. Use the BSD/ABSD stamp duty calculator to size your specific upfront cost.

Developer is Lentor Central Developments Pte Ltd. The track record of the developer — on past project TOP timing, defect-rectification responsiveness during the Defects Liability Period (DLP), and resale appreciation history of completed projects — is one of the most under-weighted variables in new-launch decisions. Buyers should request a developer track record document and cross-reference past projects via URA REALIS transaction history.

The financing context: SORA-pegged floating-rate mortgages currently price near 4.00% all-in (3.25% 3M SORA + 0.75% bank spread). Under the PPS, buyers draw the mortgage progressively as construction milestones complete, paying interest only on disbursed amounts until TOP. CPF Ordinary Account usage applies per the CPF housing usage rules, subject to the Valuation Limit and Withdrawal Limit. The URA Master Plan 2019 provides forward zoning context for surrounding plots — relevant for understanding whether the area’s built-form will intensify or remain stable over your holding period.

For: First-time buyersHDB upgraders
Source: URA REALIS
Key Takeaways
  • Project: HILLOCK GREEN in District 26 (Outside Central Region)
  • Developer: Lentor Central Developments Pte Ltd
  • Total units: 474 · TOP 2026
  • Sales: 468 sold of 474 launched (98.7% absorption)
  • Average median PSF: $2,206 psf

Project Overview

HILLOCK GREEN is a private residential development in District 26 (Outside Central Region), developed by Lentor Central Developments Pte Ltd. The project comprises 474 units with an expected TOP in 2026.

Location Map

Project location with up to 5 of the nearest comparable condos in District 26.

  • HILLOCK GREEN
  • HILLOCK GREEN
  • LENTOR MODERN
  • LENTOR HILLS RESIDENCES
  • LENTOR CENTRAL RESIDENCES
  • THOMSON GROVE

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Sales Performance

HILLOCK GREEN has sold 468 out of 474 launched units, achieving an absorption rate of 98.7%.

Monthly sales for HILLOCK GREEN
PeriodSoldLaunchedCumul. SoldCumul. LaunchedAvailable
Sep 202300000
Oct 202300000
Nov 2023132474132474342
Dec 202300132474342
Jan 2024210132474342
Feb 202480171474303
Mar 2024120182474292
Apr 2024120197474277
May 2024210213474261
Jun 2024130225474249
Jul 2024210245474229
Aug 2024190260474214
Sep 2024220285474189
Oct 2024370313474161
Nov 2024460346474128
Dec 2024190365474109
Jan 202521038447490
Feb 202518040247472
Mar 202521041647458
Apr 20256042047454
May 202517043447440
Jun 202512043947435
Jul 20255044347431
Aug 20257044847426
Sep 20257045547419
Oct 20252045747417
Nov 20253046047414
Dec 20251046147413
Jan 20261046247412
Feb 20260046247412
Mar 2026304684746

Price Analysis

Price analysis for HILLOCK GREEN based on monthly developer sales data.

Monthly prices for HILLOCK GREEN
PeriodMedian PSFHighest PSFLowest PSF
Nov 2023$2,110 psf$2,423 psf$1,882 psf
Jan 2024$2,117 psf$2,410 psf$1,912 psf
Feb 2024$2,242 psf$2,380 psf$2,031 psf
Mar 2024$2,168 psf$2,396 psf$2,023 psf
Apr 2024$2,116 psf$2,430 psf$1,991 psf
May 2024$2,128 psf$2,412 psf$1,764 psf
Jun 2024$2,132 psf$2,514 psf$2,051 psf
Jul 2024$2,183 psf$2,442 psf$1,864 psf
Aug 2024$2,108 psf$2,396 psf$1,892 psf
Sep 2024$2,224 psf$2,555 psf$2,032 psf
Oct 2024$2,230 psf$2,471 psf$1,990 psf
Nov 2024$2,276 psf$2,457 psf$1,923 psf
Dec 2024$2,278 psf$2,554 psf$2,086 psf
Jan 2025$2,253 psf$2,516 psf$1,911 psf
Feb 2025$2,098 psf$2,479 psf$1,924 psf
Mar 2025$2,181 psf$2,550 psf$1,974 psf
Apr 2025$2,192 psf$2,295 psf$2,082 psf
May 2025$2,285 psf$2,493 psf$1,923 psf
Jun 2025$2,311 psf$2,522 psf$1,995 psf
Jul 2025$2,312 psf$2,449 psf$1,953 psf
Aug 2025$2,295 psf$2,423 psf$2,103 psf
Sep 2025$2,297 psf$2,495 psf$2,055 psf
Oct 2025$2,275 psf$2,463 psf$2,086 psf
Nov 2025$2,380 psf$2,522 psf$1,968 psf
Dec 2025$2,113 psf$2,113 psf$2,113 psf
Jan 2026$2,106 psf$2,106 psf$2,106 psf
Mar 2026$2,141 psf$2,161 psf$2,099 psf
Project Snapshot
HILLOCK GREEN by Lentor Central Developments Pte Ltd — 98.7% absorption rate with an average median PSF of $2,206 psf in District 26 (Outside Central Region).
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Sales Velocity

Monthly units sold trend for HILLOCK GREEN.

Sales velocity for HILLOCK GREEN
PeriodUnits Sold
Nov 2023132
Jan 202421
Feb 20248
Mar 202412
Apr 202412
May 202421
Jun 202413
Jul 202421
Aug 202419
Sep 202422
Oct 202437
Nov 202446
Dec 202419
Jan 202521
Feb 202518
Mar 202521
Apr 20256
May 202517
Jun 202512
Jul 20255
Aug 20257
Sep 20257
Oct 20252
Nov 20253
Dec 20251
Jan 20261
Mar 20263

Developer Background

Lentor Central Developments Pte Ltd is the developer of HILLOCK GREEN.

New-build advantages. HILLOCK GREEN offers modern unit layouts, contemporary facilities, full developer warranty, and the latest construction quality standards. For owner-occupiers, this translates to immediate move-in readiness without the renovation lift that resale typically requires. For investors, new-build status supports higher rental tenant preference and lower initial maintenance.

OCR positioning. The OCR segment in District 26 occupies a defined buyer cohort. OCR (Outside Central Region) is the suburban segment — the largest private residential pool by volume. OCR new launches benefit most from HDB upgrader demand and family-stage buyers prioritising space and value over CBD proximity. Use the district comparison calculator for cross-segment benchmarking.

Progressive Payment cash-flow. Under PPS, buyers pay in stages aligned with construction milestones (Foundation 10%, RC Framework 10%, Walls 5%, Roofing 5%, etc.), which spreads the cash outlay across the 3–4 year build window. This is materially different from resale where the full price clears within weeks of OTP. For yield-focused investors, the staged interest accrual on disbursed amounts only is a real cost advantage during construction. Model the cash-flow timeline via the cash flow calculator.

TOP timing risk. 2026 is the expected TOP year but actual completion can slip 6–18 months on materials shortages, labour disputes, or developer cash-flow issues. Buyers committed to a TOP-aligned life event (relocation, child schooling, mortgage refinancing window) should factor a buffer. Developer track record on prior TOP timing is the best predictor; verify via past project history.

Rate-cycle risk. The 3–4 year PPS window between OTP and TOP exposes the buyer to SORA shifts. A buyer signing OTP at current 3.25% SORA could face TOP-year rates 100–200bp different in either direction. Stress-test affordability at SORA +75bp via the TDSR / MSR affordability calculator to confirm headroom under adverse rate scenarios.

Supply pipeline risk. Future GLS tranches near the project could introduce competing new launches that dilute pricing power. Check the URA GLS schedule for sites within a 1km radius of HILLOCK GREEN; concentrated new-supply in a fringe district can cap price appreciation during the holding period.

Resale exit risk. New launches typically command a premium over resale; on exit, the buyer becomes the resale seller competing against newer launches in the same area. Holding through and beyond the 3-year Seller’s Stamp Duty (SSD) window is structural for most buyers; shorter holds risk both SSD and weak resale clearing.

[
    {
        "persona": "Singapore Citizen first-time buyer",
        "fit_color": "green",
        "reason": "You pay 0% ABSD. OCR is the typical first-time SC entry point at S$1.0M–S$1.8M."
    },
    {
        "persona": "SC upgrader (sell HDB / decouple)",
        "fit_color": "green",
        "reason": "The 6-month ABSD remission window applies if this is your second residential property. OCR sweet spot for HDB upgraders."
    },
    {
        "persona": "SC investor (second SC property)",
        "fit_color": "amber",
        "reason": "At 20% ABSD plus 4% all-in mortgage rate, leveraged yield maths is hostile. OCR yields are slightly better but still negative-carry typical."
    },
    {
        "persona": "Permanent Resident",
        "fit_color": "amber",
        "reason": "PR pays 5% ABSD on first property. OCR/RCR is more accessible for PR upgraders."
    },
    {
        "persona": "Foreign buyer (non-FTA national)",
        "fit_color": "red",
        "reason": "At 60% ABSD, the entry-cost premium versus an SC buyer is approximately $600K+ on a S$1.0M unit. Long-horizon owner-occupier motivation only."
    },
    {
        "persona": "FTA national (US / Swiss / Liechtenstein / Norway / Iceland)",
        "fit_color": "green",
        "reason": "You qualify for SC-equivalent ABSD (0% / 20% / 30% by property number). Verify treaty eligibility with conveyancing lawyer before OTP."
    }
]

Verdict for HILLOCK GREEN. The project sits in a known new-launch segment with documented buyer-type fit and policy environment. The honest assessment depends on (a) launch-tranche pricing relative to comparable resale in District 26, (b) the Lentor Central Developments Pte Ltd developer track record, and (c) the buyer’s holding-horizon tolerance for the 3–4 year TOP window. For SC first-time buyers in OCR new launches, the 0% ABSD plus PPS cash-flow advantage make new-launch the often-rational choice. For SC second-property investors, the 20% ABSD plus negative-carry maths typically argues for resale value-buying instead. For foreign buyers, only owner-occupier residential motivation justifies the 60% ABSD entry. Suggested holding period: 7–10 years to amortise stamp duty and capture meaningful capital appreciation. Run total acquisition cost via the total acquisition cost calculator before committing.

Frequently Asked Questions

How many units does HILLOCK GREEN have?
HILLOCK GREEN has a total of 474 units with an expected TOP in 2026.
What is the absorption rate for HILLOCK GREEN?
HILLOCK GREEN has an absorption rate of 98.7%, with 468 units sold out of 474 launched.
What is the average PSF for HILLOCK GREEN?
The average median PSF for HILLOCK GREEN is $2,206 psf.
What is the expected TOP for HILLOCK GREEN?

Expected TOP is 2026. Actual completion typically tracks the developer’s timeline within +6 months; verify current construction progress via developer sales material or URA REALIS. (as of 2026-05)

What ABSD applies to HILLOCK GREEN for a Singapore Citizen second-property purchase?

20% ABSD applies to a SC second residential property purchase, per the unchanged April-2023 cooling-measure schedule. On a S$2M purchase, that is S$400,000 upfront ABSD in addition to BSD of approximately S$69,600. Use the BSD/ABSD stamp duty calculator for exact figures (as of 2026-05).

Is HILLOCK GREEN freehold or leasehold?

The tenure is recorded as undisclosed tenure. Verify via the developer’s sales material and your conveyancing lawyer; the tenure type affects long-run resale value via lease-decay dynamics on 99-year leasehold stock.

How does PPS interest accrual work for HILLOCK GREEN?

Under Progressive Payment Scheme, you draw the mortgage in stages aligned with construction milestones. Interest accrues only on the disbursed amount, not the full purchase price, until TOP. Use the mortgage calculator at the current 4.00% effective rate to model staged disbursement.

What CPF can I use for HILLOCK GREEN?

CPF Ordinary Account funds apply to private property purchases subject to Valuation Limit (VL) and Withdrawal Limit (WL) rules. See CPF housing usage rules. The accrued-interest mechanics apply on eventual sale: principal withdrawn plus 2.5% per annum must be returned to CPF, reducing net sale proceeds.

Methodology & Sources

The dataset behind this report spans All available months; we refresh it as new data becomes available.

Transaction data sourced from URA REALIS.

  • Developer sales data from URA REALIS.
  • Median PSF, highest and lowest PSF from URA developer sales records.

Price-per-square-foot (PSF) here means the median deal in the period; means are reserved for volume-weighted aggregates explicitly labelled as such.