Terra Hill development costs at $16million will be covered through GFA 7.7%
Terra Hill freehold situated in West Coast Highway which was prior to Flynn Park contains 72 apartments. It's an undeveloped freehold property. It is located within 350m of Pasir Panjang, the Panjang station of the MRT. It's located close to Sentosa along with Sentosa and Mapletree Business Parks as in Sentosa and features facilities such the Pasir Panjang Food Centre as in addition to VivoCity.
Terra Hill was released prior to Flynn Park situated within Pasir Panjang. It was bought by a partnership agreement between Hoi Hup Realty and Sunway Developments on 10 Sept 2021.
Terra Hill update per square foot (ppr) which is more than the reserve of S$365 million. The price was $1,284 for each square foot at the time that the property was open to the public on the 28th of July day 28th. In July, the price was $1,284 per square foot.
with an additional bonus of 7 percent on land that has a balcony . It costs around S$1,318 an acres.
The Master Plan The Urban Redevelopment Authority's Master Plan The site is classified as "residential" with an average of 1.4.
Hoi Hup Realty and Sunway Developments were given Terra Hill (former Flynn Park Condo) as part of the $371million deal. The cost of the lot totals 13555 sq. feet, determined by its plot percentage (psf to mean percent in the area). The 7.7% Bonus on balcony spaces were to be included within GFA and the resulting GFA is referred to as Gross Floor Area (GFA) as a result. This would lead to the value of the land at $1,318 for every square feet. This is inclusive of the development cost of about 24,500,000. This would raise the proportion of the area up to 1.4 within URA Master Plan 2019. URA Master Plan 2019. URA Master Plan 2019. The development costs of $16 million will be covered by GFA 7.7%.
Sunway Developments Pte Ltd Sunway is a wholly-owned subsidiary of Sunway Concrete Products (S) Pte Ltd. It is an Sunway Group company. Sunway's Malaysia company's primary business is property development as well as REITs which invest in real property and the design and construction of building materials and structures like leisure and education and hotel and IT. Sunway is recognized by international organisations such as FIABCI and IFAWPCA It has established relationships with investors across the world which include Government Investment Corporation of Singapore (GIC), Malaysian Provident Fund (EPF), Kuwait Finance House (KFH) and Goldman Sachs, Sunway Reit is also the largest Malaysia Reit in the size of its assent and also the most flexible. Its flexibility is quite high.
Terra Hill is located about 350m from The Pasir Panjang station in the Circle Line and is near the Mapletree's Business Park Sentosa, Pasir Panjang Food Centre and VivoCity. The site is situated at the edge of the city, so residents can get to and from work for brief periods within the area. But, Terra Hill is right close to the lush and old natural parks.
One of Singapore's leading concrete precasters in Singapore, the company has projects in both public and private sectors, and has worked on several Design & Build Projects such as lkea @ Tampines and The Meadows at Punggol, Design-Build-Sell-Scheme on R&D exercise to implement innovative products such as prefabricated toilet systems and lift upgrading to cater to the needs of the ever-changing market.
1983 was the year that Hoi Hup Real Estate Pte Ltd was formed. Hoi Hup Real Estate Pte. Ltd. Hoi Hup Real Estate Pte. Ltd. Hoi Hup Real Estate Pte. Ltd. Hoi Hup Real Estate Pte. Ltd. is an reputable property developer that has constructed more than 900 homes that are of the highest quality and offer various private residences with various construction levels. Our properties which sold out, like The Ford @ Holland, Suites at Cairnhill and Waterford Residence demonstrated that the properties were well-respected by public at large.