Location, Location, Location
One of the biggest factors in the price of a property is its location. The Hill @ One-North is located in a prime area of Singapore, known for its technology and innovation hub. However, it’s important to look at the surrounding developments to see if the price is commensurate with the location.
When looking at nearby developments, the first one that comes to mind is One-North Residence, located just a stone’s throw away from The Hill. One-North Residence is a luxurious development, with prices ranging from S$900,000 to S$3.3 million. In comparison, The Hill @ One-North units start at S$1.2 million.
Another nearby development is the Biopolis area, which features several high-end developments such as Nexus at Science Park and Galaxis. A 1-bedroom unit in Nexus starts at S$1 million, while a 2-bedroom unit in Galaxis can go up to S$2.8 million. However, it’s important to note that these developments are geared more towards the biomedical industry and may not have the same appeal to those in the technology sector.
The Value Proposition
While The Hill @ One-North may be more expensive than some nearby developments, it offers several unique value propositions. For one, it’s a freehold property, which means that the owner has outright ownership of the property and can pass it down to their heirs. This is in contrast to leasehold properties, which only offer a finite period of ownership before the property reverts back to the government.
The Hill also offers several amenities that make it stand out. These include a gym, a swimming pool, a rooftop garden, and a BBQ area. Additionally, the development is pet-friendly, which is a rarity in Singapore.
The Investment Aspect
Finally, it’s important to consider the investment aspect of purchasing a property. The Hill @ One-North is located in an area of Singapore that is experiencing rapid growth, both in terms of population and economic activity. As such, it’s likely that property values in the area will continue to rise over the years. Moreover, the development is situated near several prestigious schools, including the United World College of South East Asia, which adds to its appeal.
While The Hill @ One-North may be more expensive than some nearby developments, it offers several unique benefits that are not found in those properties. Its location, unique value propositions, and investment potential all contribute to its appeal. Discover additional information about the subject in this external source we’ve carefully selected for you. The hill @ one north showroom, access valuable and complementary information that will enrich your understanding of the subject.
Ultimately, whether or not it’s worth the price is a decision that each individual must make based on their own priorities and financial situation. However, it’s clear that The Hill @ One-North is a development that should at least be considered when looking for properties in the area.
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