{"id":122555,"date":"2021-10-13T00:55:03","date_gmt":"2021-10-12T17:55:03","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/holland-hill-lodge-up-for-en-bloc-sale-for-25-8mil\/"},"modified":"2021-10-13T09:13:44","modified_gmt":"2021-10-13T02:13:44","slug":"holland-hill-lodge-up-for-en-bloc-sale-for-25-8mil","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/holland-hill-lodge-up-for-en-bloc-sale-for-25-8mil\/","title":{"rendered":"Holland Hill Lodge up for en bloc sale for $25.8mil"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/10\/Holland-Hill-Lodge-Photo.jpg?fit=2364%2C1773&amp;ssl=1\" width=\"2364\" height=\"1773\">&#013;<br \/>\nLocated at 5 Holland Hill, the freehold project, Holland Hill Lodge, occupies a 9,033 sq ft site zoned for Residential use.<br \/>\nHolland Hill Lodge, a freehold residential development at 5 Holland Hill, has been put up for en bloc sale via public tender, revealed exclusive marketing agent SRI Capital Market.<br \/>\nThe development carries a land price of $25.8 million, which translates to $1,741 per square foot per plot ratio, inclusive of additional bonus balcony space.<br \/>\nIt occupies a 9,033 sq ft site zoned for Residential use under the 2019 Master Plan with a plot ratio of 1.6.<br \/>\nThe low-rise development consists of 11 residential units. Under the latest guidelines on maximum allowable dwelling units, the new development on site could be redeveloped up to 15 housing units.<br \/>\nThe prime District 10 property is located between the Holland Village and Farrer Road MRT stations, near the Singapore Botanic Gardens. Nearby schools include Nanyang Primary School, Anglo-Chinese International School and St. Margaret\u2019s Secondary School.<br \/>\nLow Choon Sin, Managing Partner of SRI Capital Market, expects the development to receive \u201ckeen interest from boutique to mid-size real estate developers and investors\u201d.<br \/>\n\u201cOver the past 15 months, more than 70% of the collective sale sites sold have transacted below $100 million. Furthermore, the primary market for new residential sales within the immediate vicinity of Holland micro-market have shown promising result in both pricing and sales volume,\u201d he said.<br \/>\nHe noted that the site also \u201cserves as an ideal opportunity and alternative to ultra-high net worth individuals that allow them to explore redevelopment option into a single block of luxurious apartment to house multiple-generation families or even for single-family living\u201d.<br \/>\nThe tender for Holland Hill Lodge closes on 15 November.<br \/>\nLooking for a property in Singapore? Visit PropertyGuru\u2019s\u00a0Listings,\u00a0Project Reviews\u00a0and\u00a0Guides.<br \/>\nCheryl Chiew, Digital Content Specialist at PropertyGuru, edited this story. To contact her about this story, email:\u00a0cheryl@propertyguru.com.sg.\u00a0&#013;<br \/>\n&#013;<br \/>\nSource : proppertyguru.com.sg\/Property Market&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.propertyguru.com.sg\/property-management-news\/2021\/10\/201595\/holland-hill-lodge-up-for-en-bloc-sale-for-25-8mil\" target=\"_blank\" rel=\"noopener\">Holland Hill Lodge up for en bloc sale for .8mil<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Located at 5 Holland Hill, the freehold project, Holland Hill Lodge, occupies a 9,033 sq&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":122556,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-122555","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-property-news"],"jetpack_featured_media_url":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/10\/Holland-Hill-Lodge-Photo.jpg?fit=2364%2C1773&ssl=1","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-vSH","jetpack-related-posts":[{"id":86134,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/freehold-olina-lodge-sold-for-230-9m\/","url_meta":{"origin":122555,"position":0},"title":"Freehold Olina Lodge sold for $230.9m","date":"April 23, 2018","format":false,"excerpt":"\r The sale price is 5.0 percent higher than the owners\u2019 reserve price of $220 million, and works out to a land rate of $1,712 psf ppr. (Photo: SRI) The freehold Olina Lodge at 15 Holland Hill has been successfully sold for $230.9 million to Peak Opal, a unit of\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":87006,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/two-freehold-properties-launched-for-en-bloc-sale\/","url_meta":{"origin":122555,"position":1},"title":"Two freehold properties launched for en bloc sale","date":"May 3, 2018","format":false,"excerpt":"\r Holland Tower in District 10 was put up for sale with a reserve price of $65 million. (Photo: SRI) More homeowners are trying their luck at collective sales, with two freehold developments launched at a combined price of $103 million. The Holland Tower condominium in District 10 was put\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":77008,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hollandia-up-for-collective-sale\/","url_meta":{"origin":122555,"position":2},"title":"Hollandia up for collective sale","date":"January 17, 2018","format":false,"excerpt":"\r The collective sale of Hollandia has an indicative price of $163.15 million ($1,515 psf ppr). (Photo: Savills) The 48-unit Hollandia residential development located at the junction of Holland Road and Queensway in District 10 has been launched for collective sale, marketing agent Savills Singapore said on Wednesday (17 January).\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":90394,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/spanish-village-in-district-10-up-for-sale-at-882m\/","url_meta":{"origin":122555,"position":3},"title":"Spanish Village in District 10 up for sale at $882m","date":"June 4, 2018","format":false,"excerpt":"\r The 331,457 sq ft site is located near Farrer Road MRT station, Holland Village and Dempsey Hill. (Photo: ET&Co) Spanish Village, a freehold residential project along Farrer Road in District 10, has been put up for collective sale at $882 million, revealed marketing agent Edmund Tie & Company (ET&Co).\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/img.youtube.com\/vi\/eOnlX2DIfU8\/0.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":83363,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/olina-lodge-verdun-house-launched-for-collective-sale\/","url_meta":{"origin":122555,"position":4},"title":"Olina Lodge, Verdun House launched for collective sale","date":"March 22, 2018","format":false,"excerpt":"\r Completed in 1990, the freehold Olina Lodge has a reserve price of $220 million. (Photo: SRI) The collective sales fever continues to heat up with the recent launch of two freehold developments \u2013 Olina Lodge and Verdun House, revealed marketing agent Singapore Realtors Inc (SRI). Located at 15 Holland\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":94525,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/freehold-condo-sutton-place-up-for-sale-at-268m\/","url_meta":{"origin":122555,"position":5},"title":"Freehold condo Sutton Place up for sale at $268m","date":"July 24, 2018","format":false,"excerpt":"\r Sutton Place is located close to Farrer Road MRT station, and is also a short drive to the Central Business District and Orchard Road. (Photo: Knight Frank) Sutton Place, a five-storey residential development off Farrer Road, has been put up for sale with a reserve price of $268 million,\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/122555"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=122555"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/122555\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media\/122556"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=122555"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=122555"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=122555"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}