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17 July 2023

Pinetree Hill sells 38% of 400 units released during launch weekend

News Image - Pinetree Hill sells 38% of 400 units released during launch weekend

Pinetree Hill sold about 38% of the 400 units released, or a total of 150 units, during its weekend launch on 15 and 16 July 2023. The average selling price of the 400 released units was $2,460 psf.

Mr Anson Lim, UOL General Manager (Residential Marketing), said: “The units transacted are quite well-spread. About 61% of the units sold are one-bedroom + study to two-bedroom + study units and 39% are larger three-bedroom to five-bedroom units. We believe a large percentage of our buyers are owner occupiers who are looking for an exclusive private residential enclave with lifestyle offerings and being close to good schools.”

The highest transacted unit was above $2,700 psf for a five-bedroom unit. About 99% of the buyers are Singaporeans and Singapore Permanent Residents.

The 520-unit Pinetree Hill, to be built in the exclusive private residential enclave of Mount Sinai, is within 1km radius to the sought-after Henry Park Primary School and Pei Tong Primary School, and near business hubs at one-north and Science Park.

Virtual bookings were conducted at the Pinetree Hill showflat during the launch weekend.

Virtual bookings were conducted at the Pinetree Hill showflat during the launch weekend.

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