Hill House, a boutique condominium nestled on Institution Hill in District 9, has made headlines with its remarkable sales achievements. The development recently set a new price record in the area, selling a 452 sq ft two-bedroom unit for approximately $1.55 million, translating to an impressive $3,420 per square foot. This sale occurred on April 20, 2025, underscoring the strong demand for premium residential properties in a competitive market.
Launched in 2022, Hill House comprises 72 residential units ranging from 431 sq ft to 753 sq ft. Despite being under construction, the project has demonstrated robust sales performance, with 43 units sold, accounting for 59.7% of the total inventory. The average sale price across these transactions stands at $3,073 per square foot, reflecting the desirability of the location and the quality of the development.
Buyers appear undeterred by the ongoing construction, indicating a strong confidence in the project’s eventual completion, which is anticipated in the third quarter of 2026.
The strategic location of Hill House enhances its appeal. Situated within a 2km radius of several reputable primary schools, families are drawn to the proximity of educational institutions. Additionally, the condominium benefits from excellent connectivity to public transport, being conveniently located near Somerset, Fort Canning, and Great World MRT Stations. This accessibility not only caters to residents’ commuting needs but also enhances the overall lifestyle offering of the development.
In comparison to other condominium projects in the vicinity, Hill House’s recent sales performance stands out. Competing developments like Sanctuary@Newton and The Seafront on Meyer recorded lower price peaks of $2,870 psf and $2,624 psf, respectively. This disparity highlights Hill House’s position as a premium offering in the market, appealing to buyers seeking luxury living in a central location.
The record price achieved by Hill House indicates a growing trend toward investing in high-end properties, even amid fluctuating market conditions. The development’s appeal can also be attributed to its boutique nature, offering a more intimate living experience compared to larger condominium projects.
With only 72 units, residents can expect a tighter community feel, fostering a sense of belonging among neighbors. This aspect is particularly attractive to those looking for a more personalized living environment, away from the hustle and bustle of larger residential complexes.
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News Source: Edgeprop
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