I was recently introduced to a new condominium, The 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:

#1: 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 The 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 The Hill @ One North to be highly coveted by good tenants once it is ready for occupancy.

#2: 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.

#3: Completion Of The Circle Line

As the MRT Circle Line completes in 2025, connecting the Marina Bay Financial Centre directly to One-North, the ease of reaching the city centre becomes a plus point for working professionals who need fast access to their work place in the Central Business District, yet not so far to their residence. Together with the upcoming second central business district at Jurong East, the area around One-North becomes a prime living enclave with short travelling times to both financial hubs in the future.

Conclusion

With these 3 key factors supporting the capital appreciation and demand for The Hill @ One-North, I will recommend this development for families looking for a home near the city, which has the flexibility of turning into an investment in the middle to long term (either through a sale and take profit, or to rent to students from the higher institutes of education nearby or the working professionals from Biopolis and Fusionopolis).

Are you curious to see for yourself why the The Hill @ One-North is popular? Make An Appointment to visit the showflat today!