Hillhaven

D23 (OCR) 99 yrs lease commencing from 2023

Hillhaven is a 99-year leasehold condominium located in District 23 (Choa Chu Kang, Dairy Farm, Hillview, Bukit Panjang), part of the Outside Central Region (OCR). The development was completed in 2024 and comprises 341 units, on a lease that commenced in 2023. This page tracks recorded sale prices, rental contracts and yield trends from URA data.

District 23 ·99 yrs lease commencing from 2023 ·Completed 2024
~$2,142 Avg PSF (12-month)
Rental yield
341 Total units
Category Ratings
Facilities
7.5
Unit size & layout
7.5
Value for money
7.0
Neighbourhood
6.5
MRT accessibility
7.5
Lease remaining
9.5

Overview & Key Facts

Hillhaven is a 341-unit nature-themed condominium at 5 Hillview Rise, jointly developed by Far East Organisation — Singapore’s largest private developer — and Sekisui House, one of Japan’s premier homebuilders with over 2.6 million homes delivered worldwide. The collaboration between a local heavyweight and a Japanese firm renowned for precision craftsmanship and sustainability gives Hillhaven a distinctive quality narrative. Comprising two towers of 27 and 28 storeys on a spacious 111,893 sq ft site, the development launched in January 2024 and sold out within approximately two years, with completion targeted for September 2027.

The design ethos draws deeply from Hillhaven’s natural setting. Situated against the backdrop of Bukit Timah Nature Reserve and surrounded by mature tropical forest, the two towers are positioned side by side rather than in a staggered formation — a deliberate choice that minimises inter-block overlooking, maximises privacy, and frees up extensive ground-level space for landscaping and communal gardens. The architecture celebrates clean lines and natural materials, with a contemporary aesthetic that allows the surrounding greenery to serve as the visual centrepiece.

With 96 years of lease remaining and the Downtown Line providing rapid connectivity from Hillview MRT (just 450 m away), Hillhaven targets a specific buyer profile: nature lovers and families who value a tranquil, green setting without sacrificing MRT access. The trade-off is a walkability score of just 37/100, reflecting the Hillview enclave’s car-dependent character for daily conveniences beyond the immediate HillV2 mall.

Developer
East Residences Pte Ltd
Tenure
99 yrs lease commencing from 2023
Total units
341
TOP year
2024
23 — OCR
Street
HILLVIEW RISE
Lease remaining
~96 years (of 99)

Location & Connectivity

Hillview Rise sits in District 23’s established landed-housing enclave, surrounded by low-rise residential properties and dense tropical greenery. Hillview MRT (Downtown Line) is 450 m to the east — a four-to-five-minute walk — connecting residents to Newton and Bugis in under 20 minutes and to the CBD via transfers at Stevens (Thomson-East Coast Line) or Botanic Gardens (Circle Line). Cashew MRT is 830 m north along the DTL, providing a secondary station option.

Immediate retail is anchored by HillV2, a compact neighbourhood mall directly opposite, offering a Cold Storage supermarket, F&B outlets, and medical clinics — a one-minute stroll from the condo entrance. The Rail Mall, a charming stretch of shophouses along the former railway line, is a 10-minute walk and provides additional dining, a pet store, and a popular brunch scene. For larger retail needs, Junction 10, West Mall, and Hillion Mall are all within a 6–8 minute drive.

The restored Rail Corridor — a 4 km heritage trail between Bukit Timah Railway Station and Hillview — passes directly through the neighbourhood, connecting residents on foot or bicycle to Singapore Quarry, the Upper Bukit Timah Truss Bridge, and the broader 24 km Rail Corridor network stretching to Tanjong Pagar.

Nature access is Hillhaven’s strongest locational asset. Bukit Timah Nature Reserve, Dairy Farm Nature Park, and Bukit Batok Nature Park are all accessible within a 10–15 minute walk, offering hiking trails, mountain biking routes, and Singapore’s highest point at Bukit Timah Hill. For families, Bukit View Primary School is 1.29 km away, and the German European School Singapore (GESS) and Lianhua Primary are nearby alternatives. The walkability score of 37/100 accurately reflects the suburban, car-oriented layout — beyond HillV2, most errands require a drive or MRT hop.


Schools & Education

Nearby Schools
SchoolTypeDistance
Bukit View Primary Schoolprimary~1.3 km
Princess Elizabeth Primary Schoolprimary~1.5 km
Pei Hwa Presbyterian Primary Schoolprimary~1.6 km

Facilities

Hillhaven’s amenity suite balances fitness, social, and nature-themed offerings across the ground and fourth-floor podium levels. The 50 m lap pool and adjacent pool deck serve as the primary leisure anchor, complemented by a children’s pool, spa alcove, and alfresco deck. Active residents have a tennis court, a pickleball court, a rock-climbing wall, and a well-equipped gymnasium with an adjoining exercise lawn. The communal gardens integrate an urban farm — a nod to the Sekisui House philosophy of connecting daily life with nature — while the biker’s corner with a bicycle washing and repair station reflects the development’s proximity to the Rail Corridor cycling network. A function room and party pavilion round out the social facilities.

“What sold us was the combination of nature and thoughtful facilities. The urban farm and biker’s corner show that the developers actually thought about who would live here — active, nature-loving families. The rock-climbing wall is a great touch for the kids, and the pickleball court is already a hit with our neighbours. It’s not a mega-condo with a lazy river, but everything here feels purposeful.”

— Buyer couple, three-bedroom unit, purchased at launch

Unit Sizes & Layout

Hillhaven offers two- to four-bedroom residences across its 341 units, with layouts that reflect the Sekisui House emphasis on functional, well-proportioned living spaces. The dual-tower configuration ensures that most stacks enjoy either greenery views toward Dairy Farm Nature Park or an unblocked eastern outlook — the side-by-side tower placement was specifically designed to eliminate cross-tower overlooking. Units feature high-quality finishes including premium flooring, designer kitchen appliances, and elegant bathroom fixtures, consistent with the Far East Organisation’s track record in the mid-to-upper segment.

Layout tip: Prioritise stacks on the western and northern faces for the best nature views toward Bukit Timah’s green canopy. The three-bedroom units offer the best balance of space and value for families — large enough for comfortable living, with a quantum that stays below $2.6M at current PSF levels. Check afternoon sun exposure on west-facing units and budget for blackout blinds if needed.

At an average $2,167 psf, Hillhaven commands a premium over established OCR neighbours: Sol Acres ($1,380 psf), Midwood ($1,728 psf), and Dairy Farm Residences ($1,659 psf) are all significantly cheaper. The premium reflects newer construction, Sekisui House’s quality credentials, and direct Hillview MRT proximity. However, the nearby Botany at Dairy Farm ($2,053 psf) offers a comparable nature-themed proposition at a lower PSF, making it the closest competitor on both price and positioning.

Unit Mix (from transaction data)
BedroomsTransactionsAvg PSFAvg Price
1 BR107$2,202$1,518,084
2 BR101$2,108$1,715,554
3 BR104$2,069$2,204,955
4 BR29$2,056$2,854,191

Pricing & Market Position

Across 341 recorded transactions (all-time), sale prices range from $1,363,060 to $3,353,800, averaging $1,899,686.

Over the last 12 months, transactions averaged $2,142 psf.

HILLHAVEN sits at the 1st percentile of District 23 condo PSF.

Price Appreciation

From 2024 to 2025, the average PSF has appreciated by 4.1% (from $2,102 to $2,188 psf).

2025
+4.1%
$2,188 psf

Price Index Check

The ShiokNest Price Index for District 23 reads 125.7 as of June 2026 — up 2.1% year-on-year. The index tracks repeat-sales price movement, so it is less distorted by shifts in what happens to be transacting than a raw average PSF.

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Neighbourhood Comparison

The Hillview–Dairy Farm corridor offers a spectrum of nature-adjacent options. Sol Acres ($1,380 psf), the cluster’s most affordable option, is a massive 1,327-unit EC-turned-private-condo that trades on pure value but shows its age in design and facilities. Midwood ($1,728 psf), directly at Hillview MRT, offers comparable DTL access in a 564-unit format with a competitive price point but older 2022 completion. Dairy Farm Residences ($1,659 psf) sits closer to Hillview Park Connector but is further from the MRT. Botany at Dairy Farm ($2,053 psf) is Hillhaven’s closest competitor — a similar nature-themed development near Hillview MRT, priced about $110 psf lower.

Lumina Grand ($1,514 psf), as an Executive Condominium, offers the most attractive entry quantum for eligible first-time buyers, though it comes with MOP restrictions and a slightly more suburban location near Bukit Batok West Avenue. For buyers comparing Hillhaven and Botany at Dairy Farm specifically, the choice largely comes down to the Sekisui House quality premium, Hillhaven’s newer completion date, and personal preference between the two developments’ facility mixes and stack orientations.

District 23 Comparables
DevelopmentTenureTOPUnits~Avg PSF
HILLHAVEN99 yrs lease commencing from 20232024341$2,142
SOL ACRES99 yrs lease commencing from 201420181,327$1,390
MIDWOOD99 yrs lease commencing from 20182021564$1,737
LUMINA GRAND99 yrs lease commencing from 20222024512$1,515
DAIRY FARM RESIDENCES99 yrs lease commencing from 20182021460$1,661
THE MYST99 yrs lease commencing from 20232023408$2,093

Lease Decay Analysis

The 99-year lease runs from 2023, meaning approximately 3 years have already been consumed. Roughly 96 years remain — still comfortably within the range where most banks will offer full financing without restrictions.

Lease Milestones
YearLease remainingImplication
2026 (now)~96 yearsFull bank financing available
2053~69 yearsCPF usage still unrestricted for most buyers
2062~59 yearsApproaching 60-year threshold — CPF limits begin for some
2082~39 yearsSignificant financing restrictions for next buyer
2122ExpiryLease reverts to state

For a buyer purchasing today with a 10-year horizon (exit around 2036), the lease situation is essentially a non-issue — you’d be selling a property with ~86 years remaining, which is still very bankable. The risk profile changes for longer holds.


ShiokNest Scores

Our proprietary scoring system evaluates HILLHAVEN across multiple dimensions.

Walkability
92/100
MRT: 25/25, School: 12/20, Hawker: 15/15, Mall: 15/15, Park: 10/10, Supermarket: 10/10, Clinic: 5/5
Investment
58/100
-1.6% YoY ·No data ·19 txns/yr ·96 yrs left ·0.45 km to MRT ·+6.1% district YoY ·En-bloc 22/100
Profitability
59/100
Win rate: 100 — 4 transaction pairs, 100% profitable, avg +$43,865
En-Bloc Potential
22/100
Verdict: Low
Overall ShiokNest Score
60/100 — composite of walkability, investment, profitability, en-bloc, and market trend factors.

What Residents Say

“We’re a young family who wanted to be near nature without being completely cut off from the city. Hillview MRT gets us to Stevens in under 10 minutes and from there we can transfer to the Thomson line for Orchard Road. Weekends we hike Dairy Farm Nature Park or cycle the Rail Corridor — it’s right at our doorstep. HillV2 handles the daily groceries. For our lifestyle, this is perfect.”

— Buyer couple with one child, three-bedroom unit

“The Sekisui House involvement gave me confidence in the build quality. I’ve seen their work in Japan and Australia, and the attention to detail — from the finishes to the way they’ve positioned the towers to avoid overlooking — is a step above most Singapore developers. The urban farm and bike station show they understand the Hillview buyer profile.”

— Investor-buyer, two-bedroom unit

“My main reservation is the suburban isolation. If you’re used to living in town or even the city fringe, Hillview can feel very quiet in the evenings. There’s essentially one food court at HillV2 and Rail Mall — that’s it for walkable dining. Grabbing a proper meal out usually means driving to Bukit Timah or Clementi. It’s a trade-off for the greenery, but you need to be okay with that.”

— Former Hillview resident considering Hillhaven

Strengths & Weaknesses

Strengths
  • Sekisui House (Japan's largest homebuilder, 2.6M homes) x Far East Organisation — premium build quality pedigree
  • Hillview MRT (Downtown Line) just 450 m — 4-minute walk to CBD-connected DTL
  • Bukit Timah Nature Reserve, Dairy Farm Nature Park, and Rail Corridor all within walking distance
  • Dual-tower side-by-side layout minimises overlooking and maximises privacy
  • Spacious 111,893 sq ft site for just 341 units — generous communal space ratio
  • 50 m pool, pickleball court, rock-climbing wall, urban farm, and biker's corner
  • HillV2 mall with Cold Storage directly opposite — 1-minute walk for daily essentials
  • 96 years lease remaining — no financing or CPF constraints
  • Sold out within 2 years of launch — strong market validation
Weaknesses
  • Walkability score of 37/100 — suburban, car-dependent for most errands beyond HillV2
  • Nearest primary school (Bukit View) at 1.29 km — outside 1 km priority enrolment zone
  • Limited dining and nightlife — essentially HillV2 food court and Rail Mall only
  • Premium pricing at $2,167 PSF vs nearby Midwood ($1,728) and Dairy Farm Residences ($1,659)
  • No rental track record yet — TOP not until September 2027
  • Suburban evening character — very quiet after dark for those used to city-fringe living
  • West-facing stacks receive strong afternoon sun — budget for blackout blinds or film

Who This Actually Suits

This is a strong match for families with young children, mrt-walkable commuters, nature / park-fronting and long-term hold (10+ yr). Family-suitable layout and OCR (Outside Central Region) location with established school catchments nearby.


Verdict

Hillhaven delivers precisely what its name promises: a haven in the hills. The Sekisui House partnership elevates it beyond a typical Far East Organisation project, bringing Japanese precision in spatial planning and a genuine commitment to nature-integrated design. The 341-unit count keeps the community intimate, the dual-tower layout preserves privacy, and the Hillview MRT location provides Downtown Line connectivity that many OCR developments lack. It sold out within two years of launch — a strong endorsement of its market positioning.

The limitations are inherent to the Hillview enclave rather than the development itself. With a walkability score of 37/100, residents depend on HillV2 for daily basics and a car or MRT for anything beyond. The neighbourhood’s suburban character means no hawker centres, no bustling commercial strips, and limited evening dining options. Families with young children should note that the nearest primary school (Bukit View) is 1.29 km away — outside the 1 km priority enrolment zone for most balloted schools.

Against competitors, Hillhaven ($2,167 psf) occupies the premium tier of the Hillview cluster. Botany at Dairy Farm ($2,053 psf) is the closest peer in both price and nature-oriented positioning, while Midwood ($1,728 psf) and Dairy Farm Residences ($1,659 psf) offer lower entry points at the cost of older designs and less MRT proximity. Lumina Grand ($1,514 psf), as an EC, provides the most affordable option for eligible buyers. For nature enthusiasts who want DTL access without sacrificing build quality, Hillhaven is District 23’s top-tier choice.

HDB Alternatives Nearby

Weighing HILLHAVEN against staying public? These HDB towns sit within walking or short-drive distance:

  • Bukit Batok — 4-room average $626,224 (1.2 km away), an upgrader gap of about $1,250,000
  • Bukit Panjang — 4-room average $581,903 (1.4 km away), an upgrader gap of about $1,300,000
  • Choa Chu Kang — 4-room average $559,427 (1.9 km away), an upgrader gap of about $1,350,000

Frequently Asked Questions

When will Hillhaven be completed?
The expected TOP is September 2027. The 99-year lease commenced in February 2023, leaving 96 years remaining at the time of completion.
What is Sekisui House's track record?
Sekisui House is one of the world's largest homebuilders, founded in Osaka in 1960, having delivered over 2.6 million homes across Japan, Australia, the UK, the US, and Singapore. They are renowned for precision craftsmanship, sustainable design (96% of new Japanese homes are net-zero energy), and a philosophy of connecting architecture with nature.
How accessible is Hillhaven by public transport?
Hillview MRT (Downtown Line) is 450 m away — about a 4-minute walk. The DTL connects to Newton (North-South Line), Stevens (Thomson-East Coast Line), Botanic Gardens (Circle Line), and Bugis (East-West Line), providing transfers to all major MRT lines. By car, both the BKE and PIE are directly accessible.
What nature parks are nearby?
Bukit Timah Nature Reserve (Singapore's highest point), Dairy Farm Nature Park, Bukit Batok Nature Park, and Hindhede Nature Park are all within a 10–15 minute walk. The restored Rail Corridor heritage trail passes through the neighbourhood, connecting to a 24 km walking and cycling route stretching to Tanjong Pagar.
How does Hillhaven compare to Botany at Dairy Farm?
Both are nature-themed developments near Hillview MRT. Botany at Dairy Farm ($2,053 PSF) is about $110 PSF cheaper and was completed in 2023 with 460 units. Hillhaven ($2,167 PSF) offers newer construction, Sekisui House quality credentials, a smaller 341-unit community, and a later 2027 TOP. The choice depends on budget, preferred timeline, and importance of the Sekisui House build quality.
Is Hillhaven suitable for families with school-age children?
The nearest primary school is Bukit View Primary at 1.29 km — outside the 1 km priority enrolment zone. Lianhua Primary and German European School Singapore (GESS) are also nearby. Families should research ballot prospects carefully. The nature setting and family-friendly facilities (rock climbing, kids' pool, urban farm) are strong positives for children's lifestyle.
Data as of December 2025

Latest recorded data point: Dec 2025 · 341 records analysed · Source: URA private-sale caveats