SINGAPORE (EDGEPROP) - One Holland Village Residences sold 98 out of 296 residential units launched, and attracted a crowd of close to 1,500 people at its weekend launch of Nov 30 and Dec 1.
One Holland Village Residences is part of One Holland Village, a mixed-use development by joint-venture partners Far East Organization, Sekisui House Ltd and Sino Group. It occupies a site that spans more than three football fields in size, in Holland Village.
The mixed-used integrated development comprises 296 residential units, 255 serviced residence units, offices and retail space. One Holland Village Residences will feature three distinct offerings: Sereen, Leven and Quincy Private Residences.
According to Far East Organization, the most popular units that have been taken up are the one- and two-bedroom apartments from Sereen. Ninety per cent of homebuyers are locals, with permanent residents and foreign buyers from countries such as South Korea, Norway and the US. Just under half of the buyers live in the District 10 and 11 locales, it adds.
The average price fetched for Sereen is $2,600 psf. Leven clocked an average price of $2,900 psf, while the average price for Quincy Private Residences, the most luxurious of its offerings, reached $3,200 psf.
“We frequent this area and like the character and diverse culinary options here,” comments Annabelle Au, one of the buyers who works as a legal professional. “We like the fact that the residential blocks are separated from the offices and shops by pockets of lush greenery and walkways. This ensures that the residences remain private and exclusive. Yet, we are still close to the amenities within this vibrant precinct.”
Cheryl Huan, chief operating officer of Far East Organization's sales and leasing group, says: “We are very encouraged by the strong response to One Holland Village Residences. The keen interest from homebuyers who hail from all parts of Singapore is a testament to the development’s broad appeal, and we can truly see how much people value the opportunity to live in one of Singapore’s most endearing and charming neighbourhoods.”
Supermarket chain Cold Storage and the Guardian pharmacy will be tenants of the retail space.
Non-profit arts organisation The Rice Company Ltd and The Projector, a movie theatre showing indie and foreign films, will also be bringing entertainment programming to One Holland Village.
One Holland Village will be completed in two phases. The residential zone comprising serviced residences and the residential units is slated for completion by end-2024. The commercial zone – comprising retail, office and community use – is estimated to be completed in mid-2022.
For price trends, recent transactions, other project info, check out One Holland Village Residences project research page
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