In a brisk launch weekend that underscored pent-up demand in Holland Village, Skye at Holland sold 658 of its 666 units, a 98.8% take-up that effectively counts as a 99% sell-out. The result made it the best-selling new launch in Singapore’s Core Central Region for 2025, and one of the strongest condo debuts of the year.
Only eight units remained unsold at wrap-up, a signal that buyers were comfortable with the premium, and quick to commit. It also outpaced notable peers, including LyndenWoods, which recorded a still-impressive take-up of over 94%. All 3- and 4-bedroom units were sold out over the launch weekend, reflecting strong owner-occupier interest from families.
Eight units left; buyers embraced the premium, committing swiftly and surpassing LyndenWoods’ 94% take-up.
Average pricing came in at $2,953 per square foot, with two-bedroom homes starting from $1.51 million. Despite sitting above many recent launches, pricing was framed as reasonable for a prime District 10 address. Buyers appeared to accept the trade-off.
For context, Skye at Holland took the top spot in the CCR, setting a benchmark for 2025’s new launch absorption rates.
The project comprises 666 residences across two 40-storey towers, delivered by a joint venture of CapitaLand, UOL Group, Singapore Land, and Kheng Leong. It sits on a 99-year leasehold GLS plot awarded in 2024, offering a range of two- to five-bedroom layouts. The land parcel spans 12,388 sqm, with a gross floor area of 58,224 sqm. The development is slated to obtain its TOP in 2029.
The site was secured for S$805.4 million, or S$1,285 per plot ratio, reflecting keen bidding.
Positioned along Holland Drive, the development enjoys walking access to Holland Village MRT on the Circle Line, and quick links to the PIE, AYE, and CTE. Nearby lifestyle nodes such as Holland Village, Dempsey Hill, and Orchard Road add convenience, while proximity to Nanyang Primary and Henry Park Primary appeals to families.
Connectivity, amenities, and schools persuaded many to move swiftly, and investors noted the rental story. Buyers looking to place properties in living trusts should note the ABSD of 35% that applies to all residential property transfers into trusts.
Demand was amplified by scarce new supply in the locale, drawing locals and foreign buyers who saw long-term capital stability.
Compared with slower sales in fringe districts, the weekend showing reinforced confidence in central products, and raised expectations for future Holland launches.
For now, Skye at Holland stands as the year’s headline act, brisk, emphatic, and almost fully spoken for.
