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The Bukit Timah Link site is right next to Beauty World MRT station entrance. The BKE and PIE also offer connectivity to various parts of the island. There are plenty of amenities from food centre and retail shops in the vicinity. The upcoming mixed-use development at Jalan Anak Bukit will bring in more retail space and community spaces as well. The Bukit Timah nature reserve, rail corridor and Old Bukit Timah Railway station are in close proximity. The popular Pei Hwa Primary School is a short walk away.
It will attract interest from small to mid-sized developers keen to ride on the transformation of the Beauty World area. The small site will result in a very palatable quantum below $200 million. We expect up to 10 bidders and a top bid between $1,200 and $1,300 psf ppr.
The Hillview Rise GLS is less than 10 minutes’ walk to Hillview MRT station and next to Hillview Community Club. The nearby Hillv2 offers a unique selection of retail and F&B options. The whole area is shaping up as a private residential enclave. There is no other competition in the Hillview area as Midwood is sold out.
The mid-sized site may attract up to 8 bidders and a top bid between $1,000 and $1,110 psf ppr.
