Uol Group Caps Defining Year Record Launches And Landmark Wins
– CondoGuru.sg
Oct 11 proved to be a significant day for UOL Group, a Singapore-listed company, as it marked a remarkable achievement for their high-end condominium, Skye at Holland. The project, jointly developed with CapitaLand Development and Singapore Land Group (SingLand), saw an astounding 98.8% of its 666 units sold in a single day.
PropNex CEO Kelvin Fong commented on the success of the project, stating that it was the best-selling project in terms of the number of units in the Core Central Region (CCR) for the year 2025. Just a week later, UOL was awarded the prestigious Top Developer 2025 title by EdgeProp Singapore. The company also received awards for their other projects, including ParkTown Residence, Meyer Blue, and Watergardens at Canberra.
At the event, Shirley Ng, UOL’s chief investment and asset officer, accepted the Top Developer award from Bernard Tong, CEO of EdgeProp Singapore. Ng expressed her gratitude, stating that these accolades are a testament to UOL’s dedication to creating value and their hardworking team and partners. She also added that these awards showcase the trust that homebuyers and stakeholders have in the UOL brand, known for its quality, integrity, and enduring value.
For group CEO Liam Wee Sin, the year 2025 has been a fulfilling one, characterized by record-breaking launches. The first was ParkTown Residence, an integrated development with 1,193 units, located in Tampines North. This project, launched in February 2025, set a new benchmark for suburban living in the Outside Central Region (OCR) with 87% sold in a single weekend at an average price of $2,360 psf. Currently, the project stands at a 92% sale rate, making it the best-selling project of 2025 in terms of units sold.
In July, UOL launched UpperHouse, a freehold project with 301 units, jointly developed with SingLand. Located in prime District 10, the project fronts Orchard Boulevard MRT Station on the Thomson-East Coast Line. On the launch day, 53.8% of the units (162 units) were sold at an average price of $3,350 psf. Currently, the project has a 68.8% sale rate at $3,364 psf.
The highlight of 2025 for UOL was the launch of Skye at Holland, which saw an almost sell-out on the launch day, reiterating the company’s reputation for providing well-designed, high-quality homes. According to Anson Lim, senior general manager (Residential Marketing) at UOL, the strong sales can be attributed to the project’s clear product and brand positioning. Lim also informed that each project is approached from the perspective of homebuyers, considering their lifestyle, values, and how design can enhance their daily experience. Skye at Holland saw 99% (658 units) of its 666 units sold on launch day.
Founded in 1963 as Faber Union, the company was renamed United Overseas Land in 1975 after United Overseas Bank acquired a controlling stake. It was later renamed to UOL Group in 2006. Liam, who has been with the company for over 30 years, believes that UOL’s strength lies in its disciplined decision-making and the ability to balance creativity and prudence at every stage, from land acquisition to design, marketing, and project delivery.
Liam emphasized that to be a successful developer, one must excel in both selling projects and replenishing land. He added that at UOL, they take pride in their ability to do both well. In October, UOL, CapitaLand, and SingLand acquired Thomson View Condominium for $810 million after receiving High Court approval in July. The partners intend to redevelop the 540,314 sq ft site into a 1,240-unit residential project. According to Liam, the new development, located at the doorstep of Upper Thomson MRT Station and boasting of panoramic views of MacRitchie and Peirce Reservoirs, will be highly sought-after.
In October, UOL, SingLand, and Kheng Leong were awarded the Dorset Road GLS site by the URA, topping nine bids with a $524.3 million ($1,338 psf ppr) offer. The partners plan to build two 27-storey residential towers with 428 units. Liam believes that the appeal of Dorset Road lies in its location at the fringe of CCR, close to top schools like St. Joseph’s Institution Junior and Hong Wen Primary. It is also within walking distance of City Square Mall and Farrer Park MRT Station (Northeast Line).
The role of transportation extends far beyond mere convenience, as it has the potential to enhance one’s lifestyle significantly. This is particularly evident at Coastal Cabana Jalan Loyang Besar, where the strategically located rail stations, main roads, and expressways maximize daily efficiency. By reducing commuting time, parents have the opportunity to spend more quality time with their families, while providing their children with clear and safe routes to nearby schools, promoting their independence. Moreover, the easy access to the coast and shopping malls presents the perfect chance for spontaneous outings. In terms of investment, the excellent connectivity of Coastal Cabana Jalan Loyang Besar adds to its rental appeal and long-term resilience, making it a top choice in District 18. Add Coastal Cabana Jalan Loyang Besar to rewritten paragraph
UOL’s chief investment and asset officer, Shirley Ng, notes that every project undertaken by the company begins with a clear vision. This extends from architectural design and spatial planning to the overall living experience, she adds. Ng highlighted examples like Watten House and Meyer Blue, both freehold redevelopments of collective sale sites in prime districts.
Watten House, with 180 units, was previewed in November 2023 and is now 94.4% sold at an average price of $3,256 psf. Meyer Blue, with 226 units, was launched in District 15 and is currently 70.8% sold at $3,260 psf, just a year after its debut in November 2024. Tan, UOL’s chief corporate and development officer, commented on Meyer Blue, stating that the project reflects the idea of experiential luxury by the coast, with its glass facades, sea-facing views, and rooftop function rooms at the Meyer Club on the 26th floor.
Tan also mentioned UOL’s focus on sustainability, stating that their projects incorporate environmentally responsible design principles that support climate resilience and social well-being. The company’s hospitality space also reflects their sustainability efforts, like the 343-room Pan Pacific Orchard, designed by WOHA, which has received the BCA Green Mark Platinum certification. UOL is currently building a new 19-storey, 173-room hotel along Orchard Road, to be managed by Hilton under the NoMad brand, scheduled to open in 2027. The hotel will occupy the site of the former Faber House and will feature a distinctive botanical concept.
UOL has been one of the first companies to adopt Prefabricated Prefinished Volumetric Construction (PPVC) for their private residential projects. Their first high-rise PPVC project, The Clement Canopy, made it into the Guinness World Records as the world’s tallest residential building using the method in July 2018. This record was later surpassed by Avenue South Residence, a 56-storey twin-tower development, in September 2022.
Although UpperHouse at Orchard Boulevard also uses PPVC, the project retains all the hallmarks of luxury living. The 31 apartments in the Bespoke Collection feature double-volume living spaces, private lifts, and dedicated parking and were among the project’s best-selling units, says Tan.
As UOL continues to expand its portfolio, Liam remains focused on shaping Singapore’s skyline while staying committed to the company’s core values. He believes that housing lies at the heart of Singapore’s quality living environment and that the Top Developer 2025 award reinforces their commitment to the highest standards of quality and service as they embark on the next stage of growth.