Pinetree Hill is the first New Launch in Mount Sinai in 14 Years. The 99-year leasehold plot of 22,534.7 sq m has a maximum gross floor area (GFA) of 47,323 sq m and can yield 520 homes. Although the Pine Grove condo is in Ulu Pandan Road, it is an extension of the prime Holland Road corridor and shares its desirable attributes.
|Project Name||Pinetree Hill 松岩轩|
|Developer||UOL Group Limited & Singapore Land Group|
|Address||30, 32 and 36 Pine Grove|
|Tenure||99 Years From 12 September 2022|
|Site Area||22,534.7 sqm / 242,563.5 sqft|
|Expected Notice of Vacant Poccession Date||30 September 2027|
|Total No. of Units||520 Units|
|No of Storeys||Residential with 24 storey|
Located within an established private residential enclave of Mount Sinai Rise, Pinetree Hill is linked to major roads and expressways such as Ayer Rajah Expressway (AYE), Clementi Road and Ulu Pandan Road for easy access to various parts of Singapore. Clementi and Dover MRT stations on the East West Line are about 1km away.
There will also be a new upcoming Maju MRT station on the Cross Island Line (CRL) at Sunset Way, which is near to Pine Grove.
Pinetree Hill is within 1KM to primary schools such as Pei Tong Primary School and Henry Park Primary School. For tertiary education, the School of Science and Technology, Ngee Ann Polytechnic, National University of Singapore are located nearby.
The development is also near to a few retail and lifestyle amenities such as Jelita Mall, Holland Village, Star Vista, The Clementi Mall, Grantral Mall @ Clementi and Clementi Avenue 2 Market & Food Centre are a short drive away.
Residents will enjoy proximity to recreational choices such as the nearby upcoming Clementi Nature Trail, which will run along Ulu Pandan Park Connector and connect back to the Rail Corridor.
The top bid of $671,500,800 was submitted by an 80:20 joint venture between UOL Group and Singapore Land Group (SingLand), which translates to a land rate of $1,318 psf per plot ratio (psf ppr). Based on the bid price, Pinetree Hill could be priced in the range of $2,300–$2,400 psf when launched.
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UOL is one of Singapore’s leading public-listed property companies with total assets of about $20 billion. We have a diversified portfolio of development and investment properties, hotels and serviced suites in Asia, Oceania, Europe and North America.
With a track record of over 50 years, UOL strongly believes in delivering product excellence and quality service in all our business ventures. Our Singapore-listed property subsidiary, Singapore Land Group Limited, owns an extensive portfolio of prime commercial assets and hotels in Singapore. Our unwavering commitment to architectural and quality excellence is reflected in all our developments, winning us prestigious awards such as the FIABCI Prix d’Excellence Award, Aga Khan Award for Architecture, Urban Land Institute Awards for Excellence and President’s Design Award.
Singapore Land Group Limited (SingLand), formerly known as United Industrial Corporation Limited (UIC), is a premier real estate company listed since 1971.
Working across a diverse portfolio of real estate including commercial offices, residential and retail properties and hotels, SingLand takes a holistic approach to development. With a large footprint in Singapore and key overseas markets, our prime commercial assets in Singapore currently include 2.5 million square feet of office space and 1 million square feet of retail space. These include Singapore Land Tower, Clifford Centre, SGX Centre 2, The Gateway and Marina Square.
SingLand’s residential developments are carefully tailored to the needs of modern living, providing a diverse range of well-designed homes across various market segments.