Terra Hill - A New Development in the Western Region
A New Development in the Western Region Located near Pasir Panjang MRT station, Terra Hill is a freehold condominium developed by Hoi Hup Realty and Sunway Properties. It is situated at Yew Siang Road and boasts a tranquil hillside setting that provides an escape from the hustle and bustle of urban living.
A Strategic Location
This freehold residential development is strategically located within the Greater Southern Waterfront, a redevelopment plan which will transform about 2,000ha of land six times the size of Marina Bay into an exciting waterfront district. It is at the front-row seat as this transformation unfolds, making it a prime choice for investors looking to purchase property in the area.It is also situated along the Circle Line, which will connect residents to Marina Bay Financial District in seven stops. Moreover, it is located just 5 minutes’ drive from Mapletree Business City and Singapore Science Park.
The incline of the land allows for views of PSA Pasir Panjang Port and the sea. However, this may increase construction costs for developers.
Nonetheless, the future looks bright for this neighbourhood once the PSA Pasir Panjang Port moves to Tuas by 2040. This means that desirable land around the development will be freed up for redevelopment as part of Singapore’s Greater Southern Waterfront vision, which could see renewed interest in this neighbourhood.
Its proximity to the Greater Southern Waterfront means that its prices are not inflated yet and will be attractive for prospective homeowners, as it will likely see appreciation in the future. Additionally, this development is located close to an MRT station and is freehold, which makes it a good investment in the long run.
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