A Golden Opportunity in District 10
Exciting news for property enthusiasts and potential homeowners! The Holland Drive site, a gem in the coveted Holland Village area, is now up for grabs. This prime piece of land, part of the 1H2024 Government Land Sales (GLS) program, is making waves with its potential to transform into a stunning residential haven.
Why All the Buzz?
- Location, Location, Location: Nestled right next to the vibrant One Holland Village and a stone’s throw from the Holland Village MRT Station, this site is all about convenience and lifestyle.
- Last of Its Kind: This is your final chance to snag a private residential development spot in the sought-after Holland Village enclave. Talk about exclusivity!
- Sky-High Potential: Imagine living in a home where the sky is the limit—literally. With the possibility of extending over 30 floors, residents can enjoy unobstructed views of the plush Good Class Bungalow areas.
By the Numbers
- Size Matters: Spanning approximately 133,343 sq ft, this 99-year leasehold site is poised to house around 680 residential units.
- Bidding Wars: Experts are forecasting a competitive bidding scene, with estimates ranging from $846 million to over $1 billion. That’s about $1,350 to $1,600 per square foot per plot ratio (psf ppr)!
What’s the Draw?
- Amenities Galore: From top-notch schools like Henry Park Primary and Anglo-Chinese Junior College to a plethora of F&B and retail options, everything you need is just around the corner.
- A Developer’s Dream: Given its size and prime location, this site is attracting the eyes of major consortiums, ready to transform it into the next residential masterpiece.
Looking Ahead
With a blend of prime location, exclusive living potential, and a vibrant community, the Holland Drive GLS site is undoubtedly a hot ticket item. Whether you’re a developer looking to make your mark or a homebuyer dreaming of an upscale lifestyle, keeping an eye on this development is a must.
So, what do you think? Is this the opportunity of a lifetime or what? Stay tuned for more updates, and let’s watch as Holland Drive’s future unfolds!