Holland Tower on the market with S$76 million guide price

HOLLAND Tower has been put up for collective sale with a guide price of S$76 million, translating to a land price of about S$1,739 per square foot per plot ratio (psf ppr).

The 14-storey apartment at 10 Holland Heights was completed around 1976 and comprises 19 residential units. Existing units’ sizes range from 1,862 square feet (sq ft) to 2,949 sq ft.

Zoned for residential use, the 21,878 sq ft site in District 10 falls within the Good Class Bungalow Area in Holland Park.

It has a built-up area of around 43,691 sq ft, which is equivalent to an existing gross plot ratio (GPR) of 2.0, said exclusive marketing agent SRI Capital Market on Tuesday (Feb 7).

Holland Tower is situated on an elevated ground atop Holland Heights, located along Farrer Road and Holland Road. It is also near Farrer Road MRT station and Holland Village MRT station.

Schools in the area include Nanyang Primary School, St Margaret’s Secondary School and Anglo-Chinese International School. Singapore Botanic Gardens and lifestyle neighbourhoods Dempsey Hill and Holland Village are in the vicinity as well.

A NEWSLETTER FOR YOU

Tuesday, 12 pm

Property Insights

Get an exclusive analysis of real estate and property news in Singapore and beyond.

Sign Up

Low Choon Sin, SRI Capital Market managing partner, said that the Holland area of District 10 had “enjoyed a strong demand over the past seven quarters” with close to 80 per cent of new private residential units being sold.

In the same area in 2018, complexes Tulip Garden and Olina Lodge sold for S$1,790 and S$1,712 psf ppr respectively, while Toho Mansion and Hollandia sold for S$1,805 and S$1,703 psf ppr respectively.

The public tender for Holland Tower closes on Mar 14 at 3 pm.