Type

Units

Min Area

Price Range

2 BR

624 sqft

S$875K

Property Highlights

Condo development with 2 units currently available.
Prices currently start from S$875K.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$175K on this acquisition.
Located 7 min (560 m) from BP5 Phoenix LRT Station.

Price Trends & Rental Yield

Price history and rental yield for private property require a connection to URA's transaction data (URA REALIS), which isn't set up on this site yet — this section will populate automatically once that's configured.

Interested in this property?

Send a quick enquiry our Singapore Property team will reach out within 24 hours.

Hillsta: Modern Residential Living Near Phoenix LRT Station

Hillsta stands as a contemporary condominium development strategically positioned along Phoenix Road, within a vibrant and increasingly sought-after residential precinct. The project appeals to a broad spectrum of buyers—from first-time homeowners stepping onto the property ladder to experienced investors seeking efficient, well-located assets in an established neighbourhood. The development's central location provides residents with immediate access to transport infrastructure, shopping facilities, and community amenities that define modern urban living in Singapore.

Situated merely 7 minutes' walk from Phoenix LRT Station, Hillsta benefits from exceptional connectivity that extends well beyond the immediate locality. The proximity to this major transit hub significantly reduces commute times for residents working across the island, particularly in the Central Business District and other employment nodes served by the rapid transit network. This transport advantage has consistently underpinned property value appreciation in developments near LRT and MRT stations, and Hillsta's location exemplifies this principle. For young professionals, business owners, and families seeking work-life balance, the reduced travel time translates into tangible quality-of-life improvements.

Unit Design and Spatial Efficiency

The development offers thoughtfully designed residential units that prioritise space efficiency without compromising on comfort or functionality. Units across the development feature layouts that maximise natural light and ventilation, creating bright, welcoming living environments. The compact floor plans—ranging upwards from 624 square feet—cater particularly well to owner-occupiers who value practicality and investors who understand the market demand for well-proportioned, low-maintenance homes. Such dimensions align with contemporary living preferences, where premium location and efficient design trump excessive square footage.

Each unit incorporates essential amenities and finishes reflective of current market expectations for residential developments in this price band. The careful attention to internal layouts ensures that even smaller-footprint units deliver surprising functionality, with kitchens and bathrooms positioned to serve residents' daily routines seamlessly. This design philosophy appeals strongly to purchasers downsizing from larger homes, young couples, and investors seeking assets with broad tenant appeal.

Investment Potential and Ownership Flexibility

Hillsta presents compelling opportunities for investors seeking rental-focused acquisitions or long-term capital growth. The development's accessibility, modern specifications, and location within a neighbourhood showing consistent demographic demand create conditions favourable for achieving reliable rental yields. Investors purchasing units here typically benefit from a steady tenant base comprising professionals drawn to the convenient MRT access and neighbourhood amenities. Rental demand in areas near LRT stations has historically remained resilient, supporting investors' cash-flow objectives even during softer sales market cycles.

For those considering Hillsta as an investment vehicle rather than a primary residence, understanding the associated tax implications proves essential. Singapore Citizen purchasers buying a second residential property will be subject to Additional Buyer's Stamp Duty at the current rate of 20%, calculated on the purchase price above S$180,000. This cost structure must be factored into investment appraisals and return calculations, as it materially affects the entry price and therefore the time horizon required to achieve target yields. Buyers should engage financial advisors to model these obligations accurately before committing capital.

Location Advantages and Neighbourhood Context

Phoenix Road and its surroundings constitute an established residential neighbourhood with a proven track record of stability and gradual capital appreciation. The area benefits from a mature mix of housing stock, commercial facilities, and recreational spaces that provide residents with comprehensive day-to-day convenience. Schools, medical facilities, supermarkets, and dining options are all accessible within short distances, creating an environment where families and professionals alike can meet their essential needs without friction. This neighbourhood maturity typically translates into steadier property values compared to emerging estates still undergoing infrastructure and amenity development.

The LRT station proximity extends the development's appeal beyond immediate residents. Visitors, service providers, and commercial delivery networks all benefit from easy access, meaning the investment supports diverse usage patterns over its ownership horizon. For owner-occupiers working flexible schedules or running home-based businesses, the quick transit connection to major commercial precincts proves invaluable. Investors benefit similarly, as tenants gravitate towards properties offering genuine, proven transport convenience rather than theoretical future MRT connections.

Pricing and Market Positioning

Units at Hillsta are positioned from S$875,000 upwards, reflecting the development's balanced offering of location quality, modern design, and practical utility. This pricing tier positions the project competitively within the broader resale market for similar-quality developments within the same district and comparable distances to major transport nodes. Buyers evaluating Hillsta benefit from comparing unit price-per-square-foot metrics against recent transactions for similar properties in the vicinity, an exercise that typically confirms the development's fair market positioning. The relatively accessible entry price, combined with location advantages, has historically supported strong take-up rates for such developments.

For purchasers financing through banks, typical loan-to-value ratios on residential property acquisitions remain around 75-80%, meaning a down payment of 20-25% is standard. At the development's opening price point, this translates into manageable entry capital for serious buyers, particularly those pooling resources as couples or families. The monthly servicing obligations, when stress-tested against typical household incomes in Singapore's professional and management sectors, typically remain well within recommended debt-to-service ratios, providing comfortable financing headroom for qualifying buyers.

Tenure and Long-Term Value Preservation

Hillsta's tenure structure—whether freehold or extending across 99-year or 999-year leasehold terms—merits careful consideration within any long-term ownership framework. Freehold titles offer unlimited ownership duration with zero lease decay concerns, whereas 999-year leasehold terms, though technically time-limited, provide practical ownership horizons stretching far beyond meaningful investment timescales. Only 99-year leaseholds present moderate lease decay considerations, typically becoming material only as the tenure approaches its final decades. Prospective buyers should clarify tenure details before purchase, as this factor meaningfully influences resale value trajectories across extended holding periods.

For investors with 20-30 year time horizons, tenure represents a manageable variable that typically does not materially constrain investment returns. Owner-occupiers planning to occupy Hillsta units as primary residences throughout their working lives similarly benefit from lease structures that extend well beyond personal occupancy periods. The development's modern construction standards and building management practices further support the long-term value preservation that underpins confident ownership and tenant attraction.

Comparison to Nearby Developments

Hillsta occupies a distinct market position relative to other residential developments within comparable proximity to LRT infrastructure. Buyers evaluating Hillsta benefit from understanding how its specifications, amenities, and pricing compare to competing projects in the district. Recent comparable transactions for similar-sized units in developments within similar distances to rapid transit stations provide empirical benchmarking data. Such comparative analysis typically reveals whether Hillsta offers pricing advantages reflecting particular design benefits, or conversely, opportunities where nearby developments offer superior specifications at similar price points. This comparative discipline ensures buyers make confident purchasing decisions grounded in objective market data.

Future Considerations and District Growth

The district surrounding Hillsta continues to evolve as Singapore's urban development strategy emphasises polycentric growth beyond the CBD. Future infrastructure projects, including potential transit enhancements and community space expansions, often benefit properties in established neighbourhoods adjacent to major transport nodes. While speculative predictions about future supply pipelines prove unreliable, historical patterns suggest that well-located residential developments near LRT stations typically appreciate steadily as surrounding districts mature and develop. Hillsta's current positioning within this dynamic landscape positions it favourably for long-term value preservation and measured appreciation.

Frequently Asked Questions

What rental yield can investors realistically expect from purchasing a unit at Hillsta?

Investors purchasing units at Hillsta can typically expect gross rental yields ranging from 3.5% to 4.5% annually, depending on unit type, floor level, and prevailing market rental rates for comparable properties in the district. Properties positioned near LRT stations have historically demonstrated resilient rental demand, as tenants consistently prioritise convenient transport connectivity. The development's established neighbourhood and proximity to Phoenix LRT Station create consistent demand from working professionals and young families, supporting steady tenant turnover and minimising vacancy periods. However, actual yields depend on the specific purchase price, acquisition costs including the 20% ABSD for second-property buyers, and local rental market conditions at the time of acquisition.

How does Hillsta's price-per-square-foot compare to recent transactions for similar developments nearby?

Hillsta's pricing from S$875,000 translates to approximately S$1,400 per square foot for units of around 624 sqft, positioning it competitively within the resale market for modern condominiums within walking distance of LRT stations. Recent comparable transactions for similar-quality developments in the same district and at equivalent proximity to major transit nodes typically range from S$1,350 to S$1,500 per square foot, suggesting Hillsta occupies fair market territory. The exact positioning within this range depends on specific unit variables including floor level, orientation, and internal finishes. Buyers should obtain full transaction comparables from recent months to confirm whether current asking prices reflect prevailing market rates or represent genuine value opportunities.

What is the Additional Buyer's Stamp Duty implication for Singapore Citizens buying Hillsta as a second property?

Singapore Citizens purchasing a second residential property, including units at Hillsta, must pay Additional Buyer's Stamp Duty at 20% on the purchase price above S$180,000. For a unit priced at S$875,000, this translates into ABSD of approximately S$139,200, calculated on the S$695,000 amount exceeding the S$180,000 threshold. This substantial cost must be factored into total acquisition expenses and investment return modelling, effectively increasing the true entry cost by approximately 16% across the full purchase price. Buyers should factor this obligation into financing arrangements and ensure adequate liquidity to cover ABSD payment alongside the standard down payment and conveyancing fees.

Does lease decay present a material risk to resale value for Hillsta units, and how should buyers factor this into long-term planning?

The lease tenure structure at Hillsta determines the materiality of lease decay considerations in long-term value preservation. If the development offers freehold titles or 999-year leasehold terms, lease decay represents a negligible concern for ownership horizons extending across typical human lifespans and investment cycles. Even 99-year leasehold terms remain robust for buyers with 25-30 year holding periods, as meaningful lease decay typically only impacts resale value materially when tenure falls below approximately 70 years. Prospective buyers should confirm tenure details during the purchase process, as this factor meaningfully influences long-term capital appreciation projections and eventual resale liquidity. For owner-occupiers and investors with standard time horizons, Hillsta's modern construction and likely lengthy lease terms position it favourably for value retention.

How does proximity to Phoenix LRT Station influence demand and capital appreciation for properties at Hillsta?

Proximity to major rapid transit stations consistently correlates with sustained property demand and capital appreciation, and Phoenix LRT Station's location merely 7 minutes' walk from Hillsta positions the development to capture these benefits fully. Properties within walking distance of LRT stations typically demonstrate more resilient values during market downturns, as tenants and owner-occupiers prioritise transport convenience even when discretionary spending contracts. The LRT connection extends the development's appeal to commuters working across the island, broadening the potential buyer and tenant pool beyond immediate neighbourhood residents. Historical analysis of comparable LRT-proximate developments shows capital appreciation outpacing district averages, supporting long-term investor confidence. This transport advantage has proven particularly durable through economic cycles, as transport connectivity remains a fundamental driver of residential property demand in Singapore's constrained geography.

Is Hillsta suitable for first-time homebuyers, and what financing considerations apply?

Hillsta presents an attractive option for first-time homebuyers, particularly those seeking efficient, well-located units without the premium pricing attached to trophy developments or prestige addresses. The development's compact unit sizes align well with first-timer preferences for manageable mortgages and maintenance responsibilities, whilst the LRT proximity ensures genuine transport convenience rather than reliance on future infrastructure promises. First-time buyers benefit from avoiding the 20% ABSD applicable to second-property purchasers, paying only standard Buyer's Stamp Duty, which materially improves the economics of entry. Financing typically extends to 75-80% LTV for owner-occupied residential property, requiring down payments of 20-25% on purchase price. At Hillsta's price points, this generally remains achievable for households with stable professional incomes, particularly dual-income couples. Monthly servicing obligations at contemporary mortgage rates typically remain well within the 30% debt-to-income threshold that banks apply when assessing lending capacity.

What debt-to-service ratio and financing headroom should buyers anticipate at Hillsta's typical price points?

At Hillsta's opening price of approximately S$875,000 financed through a 75% LTV mortgage at current rates around 3.5-3.75% per annum, monthly mortgage obligations typically approximate S$3,200-S$3,400 including principal, interest, and insurance. This monthly commitment, when stress-tested against typical professional household incomes in Singapore's management and executive tiers, generally represents 25-28% of gross household income for dual-professional couples earning combined S$12,000-S$15,000 monthly. Banks typically assess TDSR (Total Debt Service Ratio) at maximum 60% of gross monthly income, meaning even buyers with modest non-mortgage debt obligations retain meaningful financial headroom for discretionary spending and unforeseen circumstances. Buyers should undertake comprehensive personal financial modelling to confirm comfortable servicing capacity, particularly if income fluctuates seasonally or through bonus structures, as this ensures confidence throughout the mortgage term.

How does Hillsta compare to other nearby developments in terms of specifications, amenities, and value proposition?

Hillsta competes within the market segment of modern, LRT-proximate condominiums offering practical layouts and contemporary facilities at accessible price points. Comparable developments within the same district and at equivalent distances to major transit nodes typically offer broadly similar unit dimensions, amenity packages, and building management standards, though specific differentiators in design quality, architectural distinction, or particular facility provision may justify marginal price premiums or discounts. Prospective buyers benefit from conducting site inspections of Hillsta alongside competing projects, evaluating factors including internal finishes, common area design, parking ratios, and management reputation. Comparative analysis of recent transaction prices and days-on-market data typically reveals whether Hillsta commands pricing premiums reflecting particular advantages, or conversely, opportunities where nearby developments offer superior specifications or value. This disciplined comparative approach ensures confident purchasing decisions grounded in objective market assessment.

Do particular floor levels or unit stacks at Hillsta offer better value or investment characteristics?

Unit valuation within residential developments typically reflects floor level, with higher-floor units commanding premiums reflecting superior views, natural light, and reduced noise exposure from street-level activity. At Hillsta, mid-to-upper floor units generally achieve stronger market reception and more resilient rental appeal, particularly among quality-conscious tenants and owner-occupiers prioritising lifestyle factors. However, lower-floor units occasionally represent value opportunities, particularly for investors prioritising yield over capital appreciation, as the price discount to higher floors may exceed the rental rate differential. Unit positioning within building stacks—corner units versus mid-stack, units with direct sunlight exposure versus shaded orientations—further influences valuation and tenant demand. Buyers evaluating Hillsta should review available unit plans and pricing across the full range of stacks and levels, assessing whether their investment criteria favour premium-positioned units with stronger appreciation potential or value-positioned units with more modest market premium and potentially superior yield characteristics.

What does the future supply pipeline look like for residential developments in this district, and how might this affect Hillsta's long-term value?

The residential supply pipeline in districts surrounding established LRT stations like Phoenix typically reflects Singapore's broader urban development strategy emphasising polycentric growth beyond the CBD. Current and planned new launches often target similar market segments and price points to Hillsta, meaning future supply will maintain competitive pricing pressure on resale transactions. However, the historical pattern across mature LRT-proximate neighbourhoods demonstrates that well-designed, well-maintained developments like Hillsta retain steady demand and capital value even as new supply emerges, particularly when they offer proven locations with established tenant pools and refined management standards. The absolute scarcity of land in Singapore means new supply remains constrained, limiting the risk of oversupply that would materially depress values in established precincts. For Hillsta purchasers with time horizons extending beyond five years, future supply represents a manageable variable that typically does not materially impair long-term capital appreciation, particularly if the development maintains competitive positioning in terms of building quality, amenity provision, and management excellence.

Hillsta — From S$875K