Skye at Holland saw 2,151 cheques collected as expressions of interest as of the evening of Oct 8 (Photo: UOL Group)
Since its preview on Sept 26, Skye at Holland — the upcoming condominium in the heart of Holland Village — has drawn strong interest from buyers. By the close of Oct 8, the consortium behind the project had collected 2,151 cheques as expressions of interest. With 666 units in total, the development is about 3.2 times oversubscribed.
This strong response is hardly surprising. Skye at Holland marks the first major private residential launch in the heart of Holland Village in prime District 10 since 2019. The consortium — comprising UOL Group, Singapore Land Group, CapitaLand Development and Kheng Leong Co. — attracted over 8,000 visitors during the project’s debut weekend. The official launch is scheduled for Oct 11.
Skye at Holland’s pricing and unit mix is expected to appeal to a broad spectrum of buyers — from first-time homeowners and HDB upgraders to investors. Two- and three-bedroom units make up 78% of the development’s total.
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Two-bedroom units, which range from 581 sq ft to 743 sq ft, account for 56% of the total (370 units) and are priced 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 start from $2.4 million ($2,623 psf).
The two-bedroom showflat at Skye at Holland. Two-bedders make up 56% of the units and are priced from $1.51 million ($2,598 psf) [Photo: Samuel Isaac Chua/EdgeProp Singapore]
The last time a project recorded such overwhelming demand was the launch of Emerald of Katong last November. Located in District 15 within the Rest of Central Region (RCR), the 846-unit project garnered 3,629 expressions of interest, resulting in a 4.3 times oversubscription. On its launch weekend, 835 units (98.7%) were snapped up 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.
In the lead-up to its launch, the developers had received 2,367 cheques for expressions of interest. The project is located in the Outside Central Region (OCR).
With these precedents, anticipation is running high for the launch of Skye at Holland this weekend.
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