Pinetree Hill: A Hidden Gem in District 21

Introduction

Pinetree Hill is a 99-year leasehold condominium located in the heart of District 21, Bukit Timah. This development, completing in 2027, offers a wide range of unit types and amenities, making it a desirable place to live. In this blog post, we will delve into the details of Pinetree Hill, exploring its location, facilities, and market trends to help you understand why it is considered a hidden gem in District 21.

Location and Accessibility

Pinetree Hill is situated along Pine Grove in Bukit Timah, District 21. This area is known for its lush greenery, with the Bukit Timah Nature Reserve and Bukit Batok Town Park nearby. The development is accessible through several MRT stations, including Dover EW22 and Clementi EW23, which provide convenient transportation links to other parts of Singapore. Additionally, the Pan-Island Expressway (PIE) is close by, enhancing accessibility to other parts of the island.

Nearby Amenities

  • Groceries: LAURELS FOODS SUPPLIERS PTE LTD, YEO KENG GUAN, THNG SAIK MONG
  • Shopping Mall: CLEMENTI SHOPPING CENTRE

Development Details

Pinetree Hill is developed by United Venture Development (No. 5) Pte Ltd. The development occupies a land area of 22,535 sqm and a Gross Floor Area of 47,323 sqm. It consists of 520 units, offering a variety of unit types to suit different needs and preferences.

Unit Types

  • Studio Apartments
  • 1-Bedroom Apartments
  • 2-Bedroom Apartments
  • 3-Bedroom Apartments
  • 4-Bedroom Apartments
  • 5-Bedroom Apartments

Market Trends

Sale Prices

  • Average Sale Price: S$ 2,380 psf
  • Highest Recorded Transaction: S$ 2,705 psf for a 1,733-sqft unit in July 2023
  • Lowest Recorded Transaction: S$ 2,215 psf for a 797-sqft unit in July 2023

Rental Trends

  • Average Rental Yield: Not specified
  • Historical Quarterly Rental Price Comparison: Not specified

Facilities

Pinetree Hill offers a range of facilities to enhance the living experience of its residents. These include:

  • Swimming Pool
  • Gym
  • Children’s Playground
  • Function Room
  • 24-Hour Security
  • Car Parking

Demographics

The buyers of Pinetree Hill are predominantly Singaporean, with 89.4% of the units purchased by local residents. The remaining 10.6% are purchased by Permanent Residents (PRs). There are no foreign buyers or companies involved in the purchase of units at Pinetree Hill.

Conclusion

Pinetree Hill is a hidden gem in District 21, offering a unique blend of affordability, accessibility, and amenities. Its location in the heart of Bukit Timah, surrounded by lush greenery and convenient transportation links, makes it an attractive option for homebuyers and renters alike. With a range of unit types and facilities, Pinetree Hill is a development that should be considered by anyone looking for a comfortable and convenient place to live in Singapore.

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