Pinetree Hill is expected to offer 520 units across a large site area
As part of a joint venture called 80/20 that included both UOL as well as Singapore Land Group (SingLand) offered the highest price of S$671,500,800. The bidding war to win Pinetree Hill was very competitive, as it was to be the initial of two sites that will be auctioned within Pinetree Hill under the Bukit Timah Planning Area as part of the Government Land Sales Programme.
The announcement announced that a joint venture comprised of UOL Group and its subsidiary, Singapore Land Group, presented the best bid to acquire the land for residential development within District 21. Pinetree Hill, will deliver around 525 units across an extensive site covering 242,563 sqft (22,534.7sqm).
Pinetree Hill is located on Ulu Pandan Road, an existing private residential zone comprising low to medium density condominiums, with a the gross plot ratio of 2.1 which means that the developer could build up to 24 floors of high-rise.
Ulu Pandan is an area located in the central region of Singapore. In the subzone Bukit Timah Ulu Pandan is bounded by Ulu Pandan Road, Holland Road as well as North Buona Vista Road.
The first condos in Singapore were constructed at Ulu Pandan during the 1970s. Ridgewood was a condo project situated on an 18.5-acre site near the former site of the Singapore American School in Ulu Pandan was finished in the year 1981.
As a pioneering effort for condominiums and condominiums in Singapore The project comprised consisting of terraced homes with three stories and five-storey terraced apartment buildings and condominium units that were situated in high-rises of 20 and 22 storeys. blocks. Another groundbreaking condominium project within the vicinity, Pandan Valley, was initiated by the Development Bank of Singapore (now called DBS Bank) in 1977.
The majority of the area currently occupied by Ulu Pandan are landed housing. The majority of these are in the eastern part of the district. This is particularly close to Mount Sinai and the Holland Rd.
Even though these sites aren't particularly located near to MRT stations, however we feel that, given the size of land that are priced reasonably and have enclaves of comparatively well-loved homes, the sites could be attractive to developers and investors in a market with a shrinking developer inventory. If the parcels are comparable in size that we can think that these sites to be able to generate a comparable amount of attention.
In all fairness, the region has seen only a handful of launches for residential properties in the last few years, as well as from an earlier investigation of land conducted from OrangeTee & Tie on Pinetree Hill, we found the place to be a peaceful, tranquil area that is a great place for families.
Pinetree Hill, is considered an exclusive residential area with schools nearby, such as Henry Park Primary and Pei Tong Primary School.
District 21 has consistently been a standout in the eyes of buyers looking for homes due to the laid-back atmosphere. People live in a secluded area with plenty of lush greenery. popular nature areas like the Bukit Timah Reserve as well as The Rail Corridor are one step from. Sunset Way, the microcosm of this beloved area is home to it's own magical jewels.
Sunset Way is also a famous location for vet clinics such as that of the Mount Pleasant Animal Medical Center as well as The Cat Clinic. District 21 can also be famous for its food-related snacks. Sunset Way is home to popular restaurants such as French bistro Summer Hill and seafood eatery Chin Huat Live Seafood as well as being an easy ride from upscale spots like Dempsey Hill Holland Village, and Binjai Park. To eat local, head for The Beauty World food centre as well as the Bukit Timah Market and Food center.
Do you prefer to cook your own food? Find your ingredients at the Cold Storage at the Clementi Arcade just a few minutes from the city.
What's it like living in ULU PANDAN?
Ulu Pandan is located just within Bukit Timah. It is located the halfway point between Clementi and Holland Road. Ulu Pandan is extremely upscale as it is surrounded by high-end condominiums. The variety of groceries and other items that are located around Ulu Pandan is nearly as luxurious as the region's name. There are numerous restaurants in Ulu Pandan, like E-Sarn Thai Cuisine, Poulet Vous Rotisserie Chicken as well as Stirling Highway.
Also, there is Valle which is a local bar with a wide range of international beers. The French Ladle situated inside The Pandan Valley condominiums, offers Prix-fixe menus that feature French cuisine. The classics such as beef bourguignon, confit de canard are served at the French Ladle, as well as The restaurant can also provide space for receptions as well as corporate events and birthday celebrations.
For those who are craving Singaporean tastes for their meals, you can visit the Ghim Moh Market & Food Center can be a stroll from the hotel. Guan Kee Fried Kway Teow is popular with locals, and you will find a constant line waiting in the food court.
Although they only serve three items The Indian curry served at Heaven should be put on the menu. It is best known for its appam that is fermented milk or rice flour crepe. They are also known for Putu Mayam and Thosai.
There are many places for you to shop your groceries; Cold Storage, Fairprice and Sheng Shiong are located around this area. Pines Mart deals in groceries and other useful products such as printer ink.
If you're looking for high-end ingredients, you're fortunate. There are numerous specialty stores that specialize in products for foodies in the region such as Ridgewood Gourmet. This family-owned business takes great pride in offering top barbecue items for a reasonable price and isn't filled with preservatives or fillers.
SCHOOLS NEARBY PINETREE HILL PROJECT
One of the major reasons to live within Ulu Pandan is the close vicinity of the National University of Singapore. NUS isn't the only school in close proximity and the two schools, Ngee Ann Polytechnic and Singapore Polytechnic are just 15 minutes away by bus. If you're seeking for a place to reside near a reputable educational institution, properties along Ulu Pandan up to Bukit Timah are a few of places to look at.
In addition to NUS, Ngee Ann Polytechnic as well as Singapore Polytechnic, Henry Park Primary School and Pei Tong Primary School and NUS are within 1km of each other, as well Nexus International School are located in the same area. It offers education right from the primary level up to and including the International Baccalaureate Diploma, making the perfect place for an effortless and uninterrupted education.
The RAIL CORRIDOR NEARBY PINETREE HILL
Ulu Pandan retains a lot of its old-fashioned ambience. It has a Rail Corridor connecting Pinetree Hill to the natural surroundings cyclists, joggers and cycling fans. What is the location where it Rail Corridor start and end? It is located close to the former Tanjong Pagar Railway Station and is finished at the Kranji MRT Station. Look up this Rail Corridor map here along with an upcoming development The Reserve Residences at Dairy Farm, The Reserve Residences in Beauty World and The Botany at Dairy Farm with direct railway corridor access.
If all this wasn't enough, there's Bukit Timah, which is just a couple of minutes away. It gives the residents more green space. Botanic Gardens, Bukit Timah Nature Reserve. The days you spend there are enriched by the indoor and outdoor living spaces with plenty of beautiful views or a cozy green space.
One-North is a PERFECT FIT for RETAIL AND BUSINESS
One-North is a 200-hectare business park located in Singapore created through JTC Corporation, that houses research and high-tech initiatives within the areas of biological sciences, information communication technologies (ICT) and the media. one-north was created through JTC Corporation to serve as an research and development hub as well as a hub for high-tech research and development across all of the country.
The 200-hectare park was designed through JTC Corporation to provide a learning-based work environment that comprises educational facilities, residences Research facilities, leisure and recreation areas.
There are more than 400 business and 15 research institutes of the government as well as five higher education institutions as well as business schools that include over 50,000 professionals, Pinetree Hill could help fill in the absence of homes in the area.
One-North was initially conceptualised as part of the National Technology Plan of 1991 it was officially established in 2001 by the former deputy prime minister Tan Keng Yam. It was in the hope of establishing an international talent- and knowledge-based economic center.
One-North, master-planned by Zaha Hadid architects, is located in Buona Vista. It's near educational and research establishments such as National University of Singapore (NUS), INSEAD, and the Singapore Science Park I & II.
Cross ISLAND Line Phase 2: MAJU STATION EXCITEMENT
CRL2 is a 15-kilometre-long line that comprises six underground stations located in Turf City, King Albert Park, Maju, Clementi, West Coast, and Jurong Lake District.
After completion, the station will be beneficial to 40,000 people living located within 800m of the new station. The construction is scheduled to begin in 2023. Thereafter, the stations set to go live in 2032.
Phase One of the CRL revealed in 2019, measures 29km long, and comprises 12 stations that stretch between Aviation Park to Bright Hill. The engineering studies are currently underway to study Phase 3 of the CRL which will be used to service Jurong Industrial Estate.
The planned Maju Station is to be constructed to cater for students and teachers near Ngee Ann Polytechnic, SIM Global Education as well as Singapore University of Social Sciences (SUSS) and the residents from Sunset Way and Ulu Pandan.
The Cross Island Line will support the development of new, vibrant centers of economic activity that extend beyond the CBD which includes Jurong Lake District, the Punggol Digital District and Changi Region, while furthering Singapore's strategy for city planning, making jobs more accessible to the local population.
The CRL is expected to be the longest line of underground in Singapore with a length of more than 50km. It is expected to have a daily passenger count of 600,000.
While the brand new mode of transportation will not be operational in the next 10 years according to historical records the data shows that properties located within 10 minutes of the station are likely to see rise in price when the MRT line becomes fully operational that will be beneficial to Pinetree Hill owners
About the Units
Pinetree Hill is situated on a 242,563 sqft site which is the most modern private condominium within central New York. It is comprised of 3 blocks of units with a total height of 24 stories with 590 luxurious units consisting of 1,2 3 and five bedrooms are included in the floorplan collection.
In the process of being completed in 2027, Pinetree Hill will be designed to accommodate different family types and lifestyle preference. Its sprawling site is situated right alongside the private-HUDC projects Pinetree Hill & Pandan Valley condominium, which was built between 38 and 43 years ago. The site is located in between Clementi, Bukit Timah and Holland Road.
Pinetree Hill is the largest condo complex in Singapore that comes with infrastructure as well as amenities like an indoor pool, an expansive tennis court, as well as a clubhouse. The most recent executive condominium can also be a great family home and is located just a few minutes distance from Pei Tong Primary School, National University of School, Singapore as well as Ngee Ann Polytechnic and within 1 km of Henry Park Henry Park Primary school.
Clementi Mall, Holland Village Clementi Mall, Holland Village, Clementi Arcade at Sunset Way or Cold Storage Jelita, which offers enrichment centers with food courts, stores, supermarkets as well as education and childcare centers. These will guarantee high connectivity and speedy accessibility to the additional services available to residents living at Pinetree Hill.
About the DEVELOPER
UOL & Singland Group is an investment and real estate development investment firm that has been that has been listed on the main board of the Singapore Exchange since 2007, with an impressive history of developing highly acclaimed commercial and residential properties. It is well-established with a history of developing expertise in a wide range of properties that range from apartments, land estates and commercial properties, to industrial structures. Through the years, UOL & Singland Group's notable contributions to Singapore's property sector by delivering high-end development has been acknowledged and has earned the company numerous awards in various types of properties.