Skye Holland 32 Times Oversubscribed Ahead Oct 11 Launch

Since its preview on Sept 26, the highly-anticipated Skye at Holland condominium has received an overwhelming response from buyers. As of Oct 8, the consortium behind the project had received 2,151 cheques as expressions of interest, even though the total number of units is only 666.This strong demand is no surprise, as Skye at Holland is the first major private residential launch in the heart of Holland Village, prime District 10 since 2019. The consortium — comprised of UOL Group, Singapore Land Group, CapitaLand Development, and Kheng Leong Co. — received over 8,000 visitors during the project’s opening weekend. The official launch is set to take place on Oct 11.The condo’s pricing and unit mix target a wide range of buyers, including first-time homeowners and HDB upgraders. In fact, two and three-bedroom units make up a whopping 78% of the total units available.Get the most up-to-date information on available units and pricing for Skye at Holland.Two-bedroom units, ranging from 581 to 743 square feet, make up 56% of the total units (370 units) and start at $1.51 million ($2,598 per square foot). Three-bedroom units, measuring between 915 and 1,076 square feet, make up 22% of the project (148 units) and start at $2.4 million ($2,623 per square foot).The last time a project received such a strong response was the launch of Emerald of Katong in November 2019. Located in District 15 in the Rest of Central Region (RCR), the 846-unit project received 3,629 expressions of interest, resulting in a 4.3 times oversubscription. During its launch weekend, 835 units (98.7%) were sold at an average price of $2,621 per square foot.Similarly, there was a similar momentum earlier this year at ParkTown Residence, part of the integrated development ParkTown in Tampines North. During its launch in February, joint developers UOL Group and CapitaLand Development sold 1,041 out of 1,193 units (over 87%) at an average price of $2,360 per square foot.During the lead-up to its launch, the developers received 2,367 cheques for expressions of interest. This project is located in the Outside Central Region (OCR).With these previous successes, the anticipation for the Skye at Holland launch is high. Check out the latest listings for Skye at Holland properties here.

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