Table of Contents
ABOUT THE EN BLOC SALES
Hollandia condo is en bloc by the wholly-owned subsidiary of the reputable Far East Consortium International, a Hong Kong-based company. FEC Properties had the property at a magnificent amount of $183.4 million.
The Hollandia is a freehold property that is comprised of 48 units of elegant and capacious homes that provides a majestic residential service to its owners. Located in a prime area of District 10, the site has all the essential resources that the residents need for a healthy and satisfying lifestyle.
The property en bloc has launched into the collective sale after a 33-year service to its residents. It sits well in an area along Holland Road with a land size of 50,505.25 square feet and a plot ratio of 2.1
The current owners of the units will receive an estimated gross sale amounting to $3.3 to $4.2 million each which translates to about $1,703 per square foot per plot ratio.
A statement from Far East Consortium stated that the acquisition of Hollandia is another strategic step in adding to their properties in Singapore following their acquisition of the Artra the previous year.
HOLLANDIA LOCATION
Hollandia makes an excellent location for a residential development. The area which is a home to both high-rise condominiums and high-end landed developments will ideally attract a vast number of property-seekers as well as investors searching for the perfect home.
The network of different educational institutions near the area is pretty high. Schools like Civil Service College, ACS International, St. Margaret’s Secondary School, Nanyang Primary School, Hwa Chong Institution (College Division), Happy joy School House, Henry Park Primary School and many more are just a few minutes of drive from the site.
Within the short distance in the area are shopping malls and supermarkets like The Star Vista, Far East Flora @ Queensway, Shen Siong, Rochester Mall, and Cold Storage. These establishments provide the residents with the various shopping and grocery needs.
The chain of different roads and streets that stretches on to the different amenities around the area and the neighbouring districts. Pan Island Expressway (PIE) and numerous MRT stations aids to the convenience of travel for the people.
The site is also close to the famous Singapore Botanic Gardens and Orchard Shopping District.
MODE OF TRANSPORT
- Holland Village MRT
- Buona Vista MRT
- Queensway Road
NEARBY AMENITIES
- Far East Flora @ Queensway
- Rochester Mall
- Star Vista Mall
- Singapore Polytechnic
POTENTIAL OF THE SITE
The Hollandia site is a home to a number of iconic high-end residential developments and landed properties. This place sets a perfect location to develop the area to an amazing development that is 12-storeys tall. The gross floor area is estimated to measure about 10,004.56 square meters with a 2.01 gross plot ratio.
The developer has seen the property site to have an excellent potential to yield a high-end residence which can house a good number of home units.
It also has a good distance from recreational facilities that could truly give future residents an enjoyable and satisfying life. Its distance to the Central Business District (CBD) gives it the opportunity to yield sale that will surely be remarkable in the market.
With its freehold tenure, the future development could possibly offer excellent and infinite ownership to the future owners of the units. With the demand for residential properties rising in the area, a great capital appreciation is potentially possible in the foreseeable future.
The future high-rise residential development Hyll on Holland will soon be booming on the site will surely be one of the iconic residences that will eventually attract potential buyers from different areas.
HOLLANDIA NEW CONDO REGISTRATION OF INTEREST
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Hollandia
The Hollandia is a freehold property that is comprised of 48 units of elegant and capacious homes that provides a majestic residential service to its owners. Located in a prime area of District 10, the site has all the essential resources that the residents need for a healthy and satisfying lifestyle.
Product SKU: Hollandia
Product Currency: SGD
Product Price: 183400000
Product In-Stock: InStock
