Holland Road Project
Holland Road is known for a lot of things, most especially the highly active real estate scene in the area.
At a glance, Holland Road is a famous site in Bukit Timah where many attractions and go-to places are spread across the district. Once there, it is apparent that Craft a Shade’s Sheer and Night Curtains, Venetian Blinds to the modern Roller Blinds impeccably blends well to the entire scenery and fast-paced development of the Holland Road site.
Multi-Billion Dollar Development Bidding Ensues
Due to the overall positive outcome and appreciation of real estate properties in Holland Road, the Urban Development Authority (URA) has successfully shortlisted five tenderers for the dual-envelope concept and price tenders.
“A CONSORTIUM led by Far East Organization has been awarded the plum commercial and residential site in Holland Road. Its winning bid was S$1.213 billion or nearly S$1,888 per square foot per plot ratio (psf ppr).
The five bids were shortlisted from the 15 bids received for the tender, which closed in March. The bids were submitted by 10 consortiums. Three consortiums submitted two bids each while the Far East-led partnership submitted three bids. Tenderers that submitted multiple bids had different concept proposals for each bid, the Business Times Singapore reports.”
99 More Reasons to Build on Holland Road
Following the awarding of the 99-year leasehold site, it’s expected that more property development are only going to become much more prominent alongside the preservation of the cityscape and its identifying effects.
To learn more about our projects on Holland, contact us today via call or email us!