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Launch Of Holland Tower For Collective Sale

Posted by acteongroup-events on
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Holland Tower, situated at 10 Holland Levels, is a rare unique District 10 advancement in an unique dead end elevated story that supplies impressive unblocked sights overlooking Holland Park and also Ridout Park Excellent Course Cottage Areas (GCBA). The tenure of the site is estate as well as has an acreage of around 2,031.9 sqm (or 21,871 sqft). It is zoned as Residential for GCBA under the 2014 Plan of attack. The effective tenderer can potentially restore a high end development back to authorized initial strength, based on approval from authorities.

"Given that the start of the year, there have actually been 24 effective cumulative sales bargains totaling S$ 8.06 billion, nearly exceeding the S$ 8.52 billion achieved in 2017. The proportion of the six offers from Area 10 worth S$ 1.94 billion stood for almost 25% in offers carried out in the initial 4 months of 2018. Our company believe the tender will certainly draw eager interest from developers with an eye on highest quality, detailing and layout.", mentions Mr. Tony Koe, Managing Supervisor of SRI.

The six effective collective sale deals from District 10 this year includes Olina Lodge at $1,712 psf ppr (Apr 2018), Tulip Yard at $1,790 psf ppr (Apr 2018), Hollandia at S$ 1,703 psf ppr (Mar 2018), Toho Mansion at S$ 1,805 psf ppr (Mar 2018), City Towers at S$ 1,847 psf ppr (Feb 2018) as well as Parc Botannia Residences $1,300 psf ppr (Jan 2018). "Holland Tower supplies the effective tenderer the opportunity to create a special item of extraordinary high quality with sweeping sights over the luscious greenery," claims Mr. Andy Gan, Head of Financial Investment Sales at SRI.