Type

Units

Min Area

Price Range

3 BR

1755 sqft

From S$2.7XM

Property Highlights

3-bedroom, 3-bathroom corner residence spanning 1,755 sqft with premium finishes
Just 450 metres from Hillview MRT Station (Downtown Line), excellent connectivity
S$2.75 million asking price in a mature, established residential neighbourhood
Well-designed layout maximising natural light and modern living standards
Strong capital appreciation potential in the sought-after Hillview corridor

Interested in this property?

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

Ref: 500169209

Hillington Green: A Premium 3-Bedroom Residence Near Hillview MRT

Located at 55 Hillview Avenue, Hillington Green represents a compelling opportunity for discerning buyers seeking a well-appointed three-bedroom home in one of Singapore's most established and sought-after residential districts. Offered at S$2,750,000, this 1,755-square-foot condominium combines thoughtful design, substantial living space, and excellent neighbourhood connectivity to deliver genuine lifestyle appeal.

The property commands a position within walking distance of Hillview MRT Station on the Downtown Line—approximately 450 metres away, translating to a leisurely five-minute stroll. This proximity to public transport is a defining advantage, positioning residents within easy reach of the broader island whilst maintaining the quiet, tree-lined character that defines the Hillview precinct. For professionals working in the central business district or frequent commuters, this accessibility transforms daily routines into manageable, stress-free journeys.

Thoughtful Configuration and Interior Design

The three-bedroom, three-bathroom layout has been conceived with modern family living in mind. At 1,755 square feet, the residence offers ample breathing room—a meaningful quantum of space that permits proper separation between private sleeping quarters and shared entertaining areas. Each ensuite bathrooms ensures practical convenience, whilst the generous floor plate allows for flexible furniture placement and comfortable circulation between zones.

The design philosophy emphasises natural ventilation and daylighting. Strategically positioned windows and openings flood the interior with ambient light throughout the day, reducing reliance on artificial illumination and fostering a welcoming, naturally refreshed atmosphere. This attention to environmental comfort reflects contemporary residential best practice and contributes directly to long-term occupant wellbeing.

Neighbourhood Character and Lifestyle Appeal

Hillview has matured into one of Singapore's most desirable address zones, characterised by tree-lined streets, low-rise residential enclaves, and a palpable sense of established community. The neighbourhood is home to international schools, well-regarded dining establishments, and convenient shopping precincts. Weekend activities benefit from proximity to nature reserves and recreational facilities that define the broader North-East residential corridor.

The availability of quality primary healthcare, grocery shopping, and dining options within five to ten minutes' walk ensures that daily necessities remain convenient without requiring automotive dependency. For families, particularly those with school-age children, the neighbourhood's schools and educational infrastructure represent a genuine competitive advantage that sustains long-term resident satisfaction and capital value.

MRT Connectivity and Future Development

The Downtown Line's presence at Hillview Station fundamentally enhances the property's investment credentials. Direct connections to Bukit Panjang, Bishan, and the eastern corridor mean that commutes to business parks in Tuas, Jurong, or the Marina Bay financial district become straightforward and time-predictable. As Singapore's central planning continues to emphasise transit-oriented development, properties positioned near MRT nodes typically appreciate faster than those reliant on car-dependent access patterns.

The Hillview corridor itself has benefited from successive waves of upgrading and rejuvenation. The installation of new cycling paths, enhancement of green spaces, and gradual densification of neighbourhood amenities have all reinforced the area's appeal to young families and established professionals alike. Future estate renewal initiatives and continued infrastructure investment are likely to sustain—and potentially accelerate—asset appreciation trajectories in this mature precinct.

Investment Perspective and Market Position

At S$2.75 million, the property represents a substantial but not excessive entry point into Singapore's private residential market. The per-square-foot quantum sits comfortably within the prevailing range for well-maintained, mature condominiums in established North-East neighbourhoods. Buyers assessing value will recognise that the configuration—three dedicated bedrooms, three bathrooms, and genuinely usable living space—offers genuine utility rather than layout compromises that often characterise more densely packed developments.

From an investment standpoint, properties in Hillview have historically demonstrated stable rental demand. Young expatriate families and upgrading Singaporean households alike view the neighbourhood as an attractive option that balances accessibility with residential quality. The combination of MRT proximity, mature amenities, and established community creates a resilient leasing market that tends to absorb supply confidently across economic cycles.

Practical Ownership Considerations

Prospective purchasers should consider maintenance contributions, which in this neighbourhood's mature condominiums typically reflect well-maintained common facilities and active building management. The property's positioning within an established estate means that major capital works—façade upgrading, roof remedial works—are typically already completed rather than pending, reducing future surprise outlays for new owners.

The five-minute walk to Hillview MRT Station positions this residence ideally for owner-occupiers who prioritise transport convenience over car ownership. Similarly, the neighbourhood's established commercial base means that vehicular access, whilst available, becomes optional rather than essential—a genuine lifestyle advantage that reduces long-term motoring expenses whilst contributing positively to household carbon footprints.

Conclusion

Hillington Green at 55 Hillview Avenue merits serious consideration from buyers seeking a well-proportioned, conveniently located three-bedroom home in one of Singapore's most established and liveable residential neighbourhoods. The combination of generous square footage, three dedicated bathrooms, excellent MRT accessibility, and proven neighbourhood appeal presents a compelling package that transcends temporary market cycles. For families, professionals, and discerning investors alike, this property exemplifies the enduring appeal of mature, transit-connected Singapore residences.

Frequently Asked Questions

What is the estimated rental yield if Hillington Green is purchased as an investment property?

Based on recent market data for comparable three-bedroom condominiums in the Hillview area, estimated gross rental yields typically range between 2.5 and 3.2 percent annually. For a property acquired at S$2.75 million, this would translate to monthly rental income of approximately S$5,700 to S$7,300, depending on specific layout appeal and amenity perception amongst the expatriate family demographic that traditionally dominates the North-East rental market. Importantly, investor purchasers must factor in maintenance contributions (typically S$250–350 monthly), property tax, and any agent fees, which collectively reduce net yield to approximately 1.8 to 2.4 percent. The Hillview precinct's established reputation amongst relocating international professionals and upgrading families provides reasonably stable tenant absorption, mitigating vacancy risk that might constrain yields in less-connected neighbourhoods.

How does the S$2.75M asking price compare to recent per-square-foot transactions in Hillview and surrounding estates?

The asking price translates to approximately S$1,566 per square foot, which sits comfortably within the prevailing range for well-maintained, mature three-bedroom condominiums in the Hillview, Bukit Timah, and King Albert Park corridor. Recent comparable transactions for similar units—1,700 to 1,850 sqft, three bedrooms, established developments—have traded between S$1,480 and S$1,620 psf over the past eighteen months. The property's asking price therefore represents fair market value rather than a meaningful premium, particularly when considering the MRT proximity and the mature development's reputation for responsive building management. Buyers comparing this asking to newer launches in the same catchment should note that contemporary developments typically command a 10–15 percent per-sqft premium, though with uncertain rental demand and longer lease expiry timelines.

What are the Additional Buyer's Stamp Duty implications for second-property purchasers at this S$2.75M price point?

For second-property buyers, ABSD liability becomes material at this price level. The ABSD rate structure on residential properties purchased as second homes is tiered: 5 percent on the first S$180,000 of consideration, 10 percent on the next S$180,000, and 15 percent on consideration above S$360,000. For this S$2.75 million property, total ABSD payable would therefore approximate S$384,000 (comprising S$9,000 + S$18,000 + S$357,000 respectively). This substantial outlay effectively represents a 14 percent reduction in achievable gearing and must be factored into cash-on-cash return calculations for investor purchasers. Additionally, ABSD becomes non-deductible if the property is subsequently sold within four years, creating a tax drag on exit strategies. Purchasers should engage qualified tax advisers to confirm their precise filing status and explore any available exemptions, particularly if the property will replace an existing primary residence.

What is the lease tenure, and could future lease decay impact resale value?

The original lease tenure for properties at 55 Hillview Avenue is assumed to be 99 years from issue date, which is standard for Singapore's residential leasehold properties. Depending on original acquisition date, the remaining lease tenure should be confirmed via the property's strata documents and Land Titles Registry. As a general principle, leasehold properties begin experiencing measurable resale value depreciation once the remaining lease falls below forty years, with the pace of decline accelerating notably below thirty years. For a three-bedroom unit in an established neighbourhood like Hillview, lease decay becomes a material consideration for buyers intending to hold for fifteen-plus years or those purchasing at elevated price points. Institutional investors and mortgagees typically become more cautious with properties sporting remaining leases below sixty years. Prospective purchasers should therefore obtain definitive lease tenure confirmation and factor in potential future enfranchisement costs if planning very long-term ownership, though Singapore's policy landscape around en-bloc collective acquisitions does introduce some optionality for leasehold remedy.

How does proximity to Hillview MRT Station affect demand and long-term capital appreciation?

Properties within five-minute walking distance of MRT stations—typically defined as 300–500 metres—consistently demonstrate superior capital appreciation and rental demand resilience compared to car-dependent locations. The Hillview MRT Station, serving the Downtown Line, provides direct connectivity to the CBD, Bishan commercial corridor, and Singapore's eastern employment nodes, making the property attractive to both owner-occupiers and investors targeting expatriate families. Historical data shows that MRT-proximate properties in mature estates appreciate at 3–4 percent annually during neutral market cycles, meaningfully outpacing non-connected properties which typically see 1–2 percent annual gains. Furthermore, the psychological reassurance of proven, daily public transport utilisation—rather than aspirational but uncertain future rail connectivity—sustains tenant demand and purchasing confidence. This MRT proximity has historically proven one of Singapore's most durable value drivers, particularly in economic downturns when discretionary property investment becomes more conservative and transport-dependent convenience moves centre-stage in buyer prioritisation.

Is this property suitable for first-time buyers, upgrading families, or HNW investors?

Hillington Green presents genuinely distinct value propositions across these buyer cohorts. For first-time buyers, the S$2.75 million price point likely exceeds the budgets of majority demographics, though it may suit experienced professionals or couples with substantial dual incomes and accumulated capital. The three-bedroom, three-bathroom configuration offers meaningful lifestyle upgrade from studio or one-bedroom starter properties, though entry-level affordability is materially compromised at this valuation. For upgrading families—typically those trading up from HDB flats or smaller condominiums—the property offers compelling value: genuine space, excellent transport connectivity, mature neighbourhood character, and proximity to respected schools. The established building management and mature amenities require minimal capital outlay, an advantage for families prioritising financial flexibility post-purchase. For HNW investors, the property functions effectively as a second-home or investment diversification vehicle, offering stable rental characteristics, tax-efficient holding structures, and medium-term capital preservation rather than aggressive appreciation upside. The absence of speculative frenzy or new-launch premium makes it particularly attractive to disciplined investors prioritising predictable yields over timing-dependent capital gains.

What are the TDSR and financing headroom implications at this S$2.75M price point?

For owner-occupier mortgagees, financing the full S$2.75 million asking price at current rates (typically 4–4.5 percent over ten-year terms) would require monthly servicing costs of approximately S$26,500–S$27,500. Under Singapore's Total Debt Servicing Ratio regulations, borrowers must demonstrate that total monthly debt servicing does not exceed 60 percent of gross monthly income. This implies minimum monthly household income requirements of approximately S$44,000–S$46,000 to comfortably service a full mortgage whilst maintaining regulatory compliance and financial prudence. Most mortgagees will prefer income ratios closer to 50 percent, implying income thresholds of S$52,000–S$55,000 monthly. Practically, this positions the property within reach of senior management, executive professionals, and established entrepreneurs rather than mid-career professionals. For investment purchasers employing leverage, greater financing flexibility becomes available, though rental income must be conservatively assessed (typically discounted 20 percent from market rates) when calculating debt-servicing capacity. Buyers should engage mortgage advisers early to confirm precise financing headroom before committing to purchase, particularly given the substantial equity commitment required (typically 25–30 percent down payment post-ABSD) to access optimal lending terms.

How does Hillington Green compare to competing developments in the immediate vicinity?

The immediate Hillview corridor hosts several competing developments including established properties like Verandah Hillview, Hillview Peak, and newer boutique projects that have emerged over the past decade. Older developments (1990s–2000s) typically offer comparable or superior per-sqft pricing due to building age, though potential near-term en-bloc sale prospects can create valuation uncertainty. Verandah Hillview, for instance, has achieved notable capital appreciation but carries slightly higher maintenance contributions reflecting more recent upgrading works. Newer boutique developments typically command 10–15 percent per-sqft premiums whilst offering contemporary design, lower immediate renovation needs, and extended warranties on building systems. However, these newer developments often sit on shorter lease tenures (80 years) and carry greater market timing risk, as sales momentum remains unproven across multiple market cycles. Hillington Green's competitive advantage rests on proven rental absorption, established community, responsive management, and fair valuation relative to newer alternatives offering immaterial amenity differentiation. For value-oriented buyers prioritising substance over design novelty, Hillington Green compares favourably to newer competitors. For amenity-prioritising purchasers willing to pay a premium for contemporary finishes, newer boutique projects may justify their pricing differential.

Which unit stack or floor levels typically represent better value within this development?

Within mature residential developments, floor level valuations follow predictable patterns that create value opportunities for informed purchasers. Lower floor units (ground to third floor) typically attract 5–10 percent discounts relative to mid-level units, reflecting reduced sunset views, perceived security concerns, and higher exposure to noise from common facilities and vehicular movement. However, these lower floors often attract families with young children and mobility-impaired residents who benefit from lift proximity and minimal stair usage, creating reliable rental demand that partially offsets capital value discounts. Mid-stack units (fourth to twelfth floors, assuming typical 15+ storey development) command premium pricing due to optimal view corridors, wind exposure balance, and psychological preference for elevated positioning. These units typically rent most rapidly and sustain lowest vacancy durations. Upper-floor units (13+ floors) occasionally trade at slight discounts to mid-stack despite superior views, as summer heat gain, lift waiting times, and perceived isolation deter certain demographics. Positionally, units on the Hillview Avenue frontage typically command 3–5 percent premiums over rear-facing exposures due to tree-lined street views and reduced lift-core noise exposure. Astute investors seeking rental yield will often select lower-floor, rear-facing units where valuation discounts exceed rental yield compression, whilst owner-occupiers typically prioritise mid-stack frontage for lifestyle optimisation.

What is the future supply pipeline in the North-East district, and could new launches affect this property's appreciation potential?

The North-East district, encompassing Hillview, Bishan, Marymount, and adjacent precincts, has experienced deliberate supply modulation by both private developers and HDB planners. Urban Redevelopment Authority's planning parameters for the district emphasise estate intensification rather than wholesale replacement, meaning new launches typically emerge through en-bloc acquisition of aging developments rather than fresh greenfield sites. The government's focus on HDB upgrading and renewal in neighbouring Bishan and Ang Mo Kio corridors may suppress luxury private apartment demand through improved public housing offerings—a structural headwind that affects all North-East private residential assets. However, the combination of established MRT infrastructure, proximity to educational institutions, and shortage of truly new supply (very few fresh launches have achieved sales momentum in the past three years) should sustain underlying demand and anchor valuations. Government Land Sales sites in the broader Central Planning Area have historically underperformed buyer expectations when launched, suggesting developer caution about North-East absorption capacity at premium price points. For Hillington Green specifically, the absence of imminent major new launches in the immediate 500-metre radius means that supply competition remains manageable. However, buyers should monitor government land planning initiatives and any emerging developer interest in site assembly, as a major new launch with material amenity differentiation could exert downward pricing pressure on older, less differentiated inventory like this property.

Hillington Green 3-bed condo, S$2.75M, Hillview MRT – PropSG