UOL, CapitaLand-led consortium to launch Skye at Holland with prices from S,598 psf

UOL, CapitaLand-led consortium to launch Skye at Holland with prices from S$2,598 psf


[SINGAPORE] Previews for the new Holland Drive project, Skye at Holland, will start on Friday (Sep 26), with prices starting from S$2,598 per square foot (psf).

The 99 year-leasehold condominium by UOL Group, Singapore Land Group, CapitaLand Development (CLD) and Kheng Leong occupies about 133,343 square feet. The site was secured with a S$805.39 million bid at a government land sales tender in May 2024. This works out to a land rate of about S$1,285 psf per plot ratio (psf ppr).

The development, which is the first major private residential launch in Holland Village since end-2019, comprises 666 units across two 40-storey towers. Unit configurations range from two bedrooms to five bedrooms.

Two-bedroom units of 581 sq ft start from S$2,598 psf, or S$1.51 million. Two-bedroom premium units of 667 and 678 sq ft start from S$2,637 psf, or S$1.76 million.

Three-bedroom units spanning 915 sq ft start from S$2,623 psf, or S$2.4 million. Four-bedroom units of 1,238 sq ft, with private lift access, will start from S$2,698 psf, or S$3.34 million. Prices for five-bedroom units have not yet been released.

Located in District 10, the development is close to Holland Village MRT station, as well as the dining and lifestyle enclaves of One Holland Village, Chip Bee Gardens and Dempsey Hill.

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It is also in proximity to popular schools, including Henry Park Primary School and Nanyang Primary School, as well as the National University of Singapore.

The development comprises an extensive suite of resort-style facilities, including a double-storey Skye Clubhouse with a 122-square-metre main function room and a 140 sq m fully equipped gym. Other facilities include a 50-metre lap pool, a leisure pool, yoga sanctuary and two barbecue pavilions.

“Singapore’s private residential market has shown remarkable resilience, and we continue to see healthy demand for attractively priced developments in desirable locations. Launches with strong locational attributes will continue to gain traction,” said UOL senior general manager of residential marketing Anson Lim.

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The 317,000 sq ft site can be developed to a maximum GFA of 1.03 million sq ft; of this, at least 801,986 sq ft – about 78 per cent – will be set aside for residential use.

He added: “Skye at Holland…represents a compelling opportunity for discerning buyers who value both quality living and long-term investment potential.”

Latest figures released by the Urban Redevelopment Authority showed that developers in Singapore sold 2,142 new private homes in August, more than 10 times the 211 units moved in the year-ago period.

This brings primary home sales for the first eight months of 2025 to 7,669 units – the highest for that period since 2021, when 9,277 units changed hands.

The last private residential project launched in the vicinity was the 296-unit One Holland Village Residences in November 2019. It was fully sold by developers Far East Organization, Sekisui House and Sino Group by August 2023, at an average price of S$2,804 psf. The last 63 units were sold in 2023 at an average price of S$2,943 psf.

Skye at Holland is expected to obtain its temporary occupation permit in 2029. Its official launch is slated for Oct 11.



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