When it comes to investing in a new condo launch in Singapore for 2025, two names stand out: Skye at Holland and Penrith. Both developments offer attractive opportunities for buyers and investors alike, but they also come with different strengths. Whether you’re looking for long-term growth, better rental yields, or strong location value, this comparison will help you make a smart decision.

Let’s explore what makes Skye at Holland and Penrith unique—and which one might be the better fit for your investment goals.

Skye at Holland: Freehold Charm in Prime District 10

Located along Holland Road in the upscale District 10, Skye at Holland is a boutique freehold condominium that targets buyers who value location, exclusivity, and long-term property ownership.

Location and Connectivity

Skye at Holland is just a 5-minute walk from Holland Village MRT Station, giving it excellent access to the Circle Line. This makes travel to places like Buona Vista, Botanic Gardens, and the CBD fast and convenient. The area is also well-connected by road via Holland Road and the nearby AYE and PIE.

Lifestyle and Amenities

Holland Village is famous for its vibrant café culture, dining options, and laid-back charm. Residents of Skye at Holland can enjoy a truly unique lifestyle that mixes urban convenience with relaxed living. Nearby amenities include shopping malls, banks, clinics, and even late-night supper spots—all within walking distance.

The condo itself is designed for privacy and elegance, with fewer units and modern architecture. Facilities include a swimming pool, gym, and landscaped gardens—perfect for those who value tranquility and luxury in a mature estate.

Investment Potential

As a freehold property in a prime location, Skye at Holland holds strong long-term value. Properties in District 10 have historically appreciated steadily, and the freehold status means you won’t have to worry about lease decay.

Rental demand is also strong here, thanks to the proximity to one-north business park, top schools like Nanyang Primary, and expat-friendly amenities. With high-quality tenants and lower vacancy risks, Skye at Holland can deliver stable rental returns and solid capital appreciation over time.

Penrith: Leasehold Upside in the City Fringe

On the other hand, Penrith is an upcoming 99-year leasehold condo located along Derbyshire Road in the Novena area. It targets those who want strong accessibility, new city fringe living, and excellent rental prospects.

Location and Accessibility

Penrith is less than 10 minutes’ walk to Novena MRT Station, which connects you directly to the North-South Line. This gives residents quick access to Orchard Road, Raffles Place, and other central parts of Singapore. It’s also close to major expressways like CTE and PIE.

Its central city fringe location puts it near medical hubs (Health City Novena), commercial spaces, and educational institutions—making it ideal for families, professionals, and medical staff.

Facilities and Living Experience

Penrith is designed with modern lifestyles in mind. Expect smart home features, a rooftop pool, gym, sky gardens, and communal spaces perfect for work-from-home professionals. The architecture blends functionality with elegant design, catering to urban residents who want both style and substance.

Novena itself is home to major malls like Velocity and United Square, supermarkets, eateries, and medical services—offering daily convenience just minutes from home.

Investment Potential

As a 99-year leasehold property in a fast-developing area, Penrith offers good entry pricing and potential for capital upside. Novena’s masterplan includes ongoing improvements to healthcare infrastructure, public spaces, and commercial development, which bodes well for property growth.

Rental yield is another key point—Novena attracts a wide tenant pool, from healthcare professionals to office workers, making it easier to secure tenants. For investors focused on short-to-mid-term rental income, Penrith stands out as a viable option.

Final Verdict: Which Condo Wins for 2025 Investors?

Both Skye at Holland and Penrith offer great opportunities—but they cater to slightly different investor profiles.

Choose Skye at Holland if you want:

• A rare freehold property in a prime, mature neighbourhood
• Long-term capital appreciation
• Steady rental demand from expats and professionals
• Lifestyle perks from the Holland Village charm

Choose Penrith if you prefer:

• City fringe living near MRT and medical hubs
• A potentially lower price point with good future upside
• Strong short-term rental yield potential
• Access to dynamic developments in Novena

Ultimately, your choice depends on whether you prioritise freehold value and exclusivity (Skye at Holland) or modern urban living and rental yields (Penrith).

For many 2025 investors, the best choice may come down to your time horizon and risk appetite. Either way, both developments are worthy contenders in Singapore’s exciting property market.