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Author: leahlim   |   Latest post: Tue, 20 Aug 2019, 3:20 PM

 

Kent Ridge Hill Residences: Serene and close to nature

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The 99-year leasehold Kent Ridge Hill Residences by Singapore-listed property developer Oxley Holdings moved 110 out of the 250 released units during the first day of its launch last November. Kent Ridge Hill Residences, located on South Buona Vista Road, off Pasir Panjang Road, comprises 11 five-storey blocks containing 498 units, and also boasts 50 strata terraced houses.
 
As of Aug 3, 207 units have been sold, according to caveats lodged with URA Realis. From the caveats, the average price attained at Kent Ridge Hill Residences is $1,701 psf. The latest transaction at the development was for a 1,830 sq ft, four-bedroom strata terraced house. The unit was sold for $2.56 million ($1,399 psf) on July 27. The day before, a 646 sq ft, two-bedroom ground-floor unit was transacted at $1.18 million ($1,822 psf). According to Oxley, the sales are “healthy in the current market”, and it is “confident that Kent Ridge Hill Residences is a good product and owners will benefit from owning a unit there”
 
 
 

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