Hill @ One North Review: 3 Advantages That Make This The Preferred Home Of The West

I was recently introduced to a new condominium, Hill @ One North, which is located close my previous work place at Buona Vista. Sited in the middle of One-North Business Park, I noticed that this residence has the prospects of excellent capital growth and a safe entry price. It is suitable as an investment due to the following 3 reasons that I have found:

Low Supply Of Residences Serving An Area With High Demand

The Hill @ One North is the last residence to be developed close to Buona Vista MRT station. It is surrounded by high tech employment centers like Biopolis, Fusionopolis and Mediapolis. The educational belt, where institutions like the National University Of Singapore, INSEAD, and Anglo-Chinese Independent School is located, is just west of Hill @ One North condominium. Historically, the lack of good apartments in the area has pushed white collar professionals working in One-North to rent in the nearby neighbourhoods of Clementi and Commonwealth, pushing up property prices in those regions. It is also because of this shortage that URA has opened up residential land near Mediapolis for more housing. So I’m expecting Hill @ One North to be highly coveted by good tenants once it is ready of occupancy.

Map Of One-North Area. Source: Streetdirectory.com

Development Of The Greater Southern Waterfront To the South

As declared by the Prime Minister back in the National Day Rally of 2019, the major transformation south of Hill @ One North will bring in more commercial activities into the One-North region. As the value of real estate rises in the Greater Southern Waterfront, together with more roads connecting to the One-North area, there will be a spill over of demand for good housing into Hill @ One North.

Completion Of The Circle Line

With the Circle Line expected to link the Marina Bay Financial Centre to One-North by 2025, the convenience of travelling to the financial district becomes attractive for professionals working in the Central Business District. Together with the upcoming second central business district at Jurong Gateway, One-North becomes a premium living enclave with short travelling times to either commercial hubs, while still being far enough to enjoy the quiet and tranquility of this locale.

Conclusion

With these 3 key factors supporting the capital appreciation and demand for Hill @ One North, I will recommend this development for investors looking for a steady rental income from tenants working in the area, or students from the local and overseas institutions nearby. The fact that the government has released another plot of land concurrently for tender in June 2021 to cater to the shortage of housing options in the area confirms my expectations that the large tenant pool will support Hill @ One North condo prices and rents in the middle to long term.

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