Skye Holland 32 Times Oversubscribed Ahead Oct 11 Launch
By the close of Oct 8, the consortium behind Skye at Holland — the upcoming condominium in the heart of Holland Village — had collected 2,151 cheques as expressions of interest. The development, with 666 units in total, is 3.2 times oversubscribed since its preview on Sept 26.This overwhelming response is hardly surprising, as Skye at Holland marks the first major private residential launch in the heart of Holland Village in prime District 10 since 2019. The consortium – made up of UOL Group, Singapore Land Group, CapitaLand Development and Kheng Leong Co. – welcomed over 8,000 visitors during the project’s debut weekend, with the official launch scheduled for Oct 11.Boasting a pricing and unit mix expected to appeal to a broad spectrum of buyers – ranging from first-time homeowners and HDB upgraders to investors – with 78% of the development’s total residences being two- and three-bedroom units. Two-bedroom units, which range from 581 sq ft to 743 sq ft, make up 56% of the total (370 units) with prices starting from $1.51 million ($2,598 psf). Three-bedroom units, measuring between 915 sq ft and 1,076 sq ft, make up 22% of the project (148 units) and are priced from $2.4 million ($2,623 psf).The last time a project recorded such overwhelming demand was the launch of Emerald of Katong in November 2019. Located in District 15 within the Rest of Central Region (RCR), the 846-unit project garnered a 4.3 times oversubscription with 3,629 expressions of interest. On launch weekend, 835 units (98.7%) were sold at an average price of $2,621 psf.A similar momentum was seen earlier this year at ParkTown Residence, part of the integrated development ParkTown in Tampines North. At its February launch, joint developers UOL Group and CapitaLand Development sold 1,041 out of 1,193 units (over 87%) at an average price of $2,360 psf, with 2,367 cheques for expressions of interest leading up to the launch. The project is located in the Outside Central Region (OCR).With such strong precedents, the anticipation for the launch of Skye at Holland this weekend is running high. Don’t miss out on the latest listings and price trends for Skye At Holland properties. Looking to compare prices between new sale and resale condos? We’ve got you covered. Plus, check out our upcoming new launch projects as well. Interested in the difference in price trends between HDB, condo, and landed units? We’ve got that covered for you too. Find the details you need on Skye At Holland’s project summary page, and browse our list of District 10 condo sale transactions.Advertisement
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