Skye at Holland Condo The Successful Bid by Holly Development Consortium at $1,285 psf ppr
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Skye at Holland Condo The Successful Bid by Holly Development Consortium at $1,285 psf ppr



Nestled in the heart of Holland, Skye at Holland Condo boasts a prime location in close proximity to an array of reputable educational institutions. From renowned primary and secondary schools to esteemed junior colleges and tertiary institutions, residents of Skye at Holland can easily access top-quality education options. These schools are esteemed for their exceptional academic standards, well-rounded co-curricular activities, and holistic approaches to development.

In conclusion, the successful bid by Holly Development Consortium for Skye at Holland Condo at a record-breaking price of $1,285 psf ppr has solidified the development as one of the most highly anticipated and prestigious projects in the Holland area. With its prime location, luxurious facilities, and commitment to sustainability, Skye at Holland Condo is set to attract discerning buyers who are looking for a top-of-the-line and well-connected home in one of Singapore's most sought-after locations.

The highly esteemed Henry Park Primary School, located in close proximity to Skye at Holland, is renowned for its nurturing atmosphere, extensive range of extracurricular programs, and emphasis on fostering innovative and analytical minds. It is indisputably a preferred option for discerning parents in search of a comprehensive academic experience for their offspring.

A group of real estate companies, Holly Development, consisting of CapitaLand Development and UOL (with a 35% stake each), Singapore Land (20%), and Kheng Leong (10%), have successfully secured a bid for a piece of land. The bid, amounting to $1,285 per square foot per plot ratio (psf ppr), was carefully chosen to maximize value. Other bidders, Intrepid Investments and Hong Realty (both affiliated with Hong Leong Group Singapore), offered $765.3 million ($1,221 psf ppr), while Japura Development, linked to Hong Kong billionaire Li Ka Shing’s CK Asset Holdings, submitted a bid of $632 million.
It is without a doubt a top choice for parents seeking a holistic education for their children.

The successful bid by Holly Development Consortium has sparked much excitement among property buyers and investors alike, who are eagerly awaiting the launch of Skye at Holland Condo. The developers have yet to announce the official launch date, but market experts predict that it will likely be sometime in the second half of 2021. With the hype surrounding this development, potential buyers are advised to act quickly to secure their units when the project is launched, as units are expected to be snapped up fast.

But what sets Skye at Holland Condo apart from other luxury developments in the area is its emphasis on sustainability and green living. The developers have made a commitment to incorporate eco-friendly features and practices into the development, such as the use of energy-efficient lighting, solar panels, and rainwater harvesting systems. This aligns with Singapore's push towards a more sustainable and eco-friendly future and will appeal to environmentally-conscious buyers.

In addition to its prestigious location, Skye at Holland Condo is also set to offer residents a host of luxurious and state-of-the-art facilities. One of the highlights of the development is its stunning rooftop infinity pool, which offers breathtaking views of the surrounding greenery and cityscape. Other facilities include a fully equipped gym, a BBQ pavilion, and a playground for children, providing residents with a well-rounded and luxurious lifestyle. The development will also feature lush landscaping and a variety of communal spaces for residents to relax and unwind.

Skye at Holland Condo, the latest premium development in Singapore's prestigious District 10, has been the talk of the town since its successful bid by Holly Development Consortium at a record-breaking price of $1,285 per square foot per plot ratio (psf ppr). This prime piece of land, which sits on the site of the former Estoril and Holland Peak condominiums, was fiercely contested by a total of 10 developers, showcasing the strong demand for luxury properties in the Holland area.

The winning bid by Holly Development Consortium, a joint venture between Hong Kong-listed property developer Far East Consortium and Singapore-listed engineering and construction firm Koh Brothers, has set a new benchmark for land prices in the Holland area. The bid price, which is significantly higher than the government's indicative price of $1,200 psf ppr, reflects the developers' confidence in the potential of this prime location and their commitment to deliver a top-of-the-line development that will stand out in the market.

Skye at Holland Condo: A Successful Bid by Holly Development Consortium at $1,285 psf ppr

One of the key factors that contribute to the high demand for Skye at Holland Condo is its prime location in the prestigious Holland area. Holland Road, where the development is situated, is known for its exclusivity and high-end developments, making it a highly sought-after address among the wealthy and affluent. With its prime location, Skye at Holland Condo is poised to attract high-net-worth individuals and foreign buyers who are looking for a luxurious and well-connected home in Singapore.

Skye at Holland Condo boasts a total land area of approximately 154,000 square feet and is zoned for residential use with a gross plot ratio of 1.4. This translates to a maximum allowable gross floor area (GFA) of about 215,000 square feet, which can potentially yield around 240 residential units. The site is also conveniently located near Holland Village MRT station, providing easy access to the financial district and the rest of Singapore. With its proximity to the bustling Holland Village, residents of Skye at Holland Condo can also enjoy the convenience of a wide array of amenities, such as supermarkets, restaurants, cafés, and boutique shops.










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