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Hillview residential development site up for sale with S$255.4m reserve price

The redevelopment will result in a transformation of the area into a residential area on high ground with commanding views

Singapore

A TOTAL of 23 terrace factories in Hillview, including 14 units whose previous tender was withdrawn 2 months ago, have been put on the market.

The 999-year leasehold land parcel at 26-38D Hillview Terrace is available for sale by tender with a reserve price of S$255.4 million, sole marketing agent Colliers said on Wednesday (Mar 9).

The plots are all zoned for residential use under the Urban Redevelopment Authority's (URA) Master Plan 2019. The existing factories span a combined site area...

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