Skye at Holland, the first project launch in Holland Village in five years, witnessed a remarkable response over its launch weekend, selling 658 units, or 98.8% of its total offerings. The development, located within a five-minute walk of Holland Village MRT station, attracted significant interest due to its prime location and the area’s bohemian charm, revitalised by the completion of One Holland Village in 2023.
The launch marked the first major project following the Lunar Seventh Month, with more than 2,100 cheques submitted for the 666 available units. Mark Yip, CEO of Huttons Asia, noted the strong demand for larger units, such as the 4-bedroom and 5-bedroom options, highlighting a preference for spacious living in prime locations among owner-occupiers.
The success of Skye at Holland is attributed to its strategic location and the dwindling supply of new housing options in the Core Central Region (CCR). In 2026, new housing units in the CCR are projected to be around 1,400, a significant drop from the 2,700 units available in 2025. This figure is expected to decrease further to approximately 700 units in 2027 unless new land is made available.
Buyers predominantly consisted of individuals residing in nearby private properties, with some HDB upgraders from high-value estates. The demand for larger units was evident, with all 3-bedroom and 4-bedroom units sold out, and nearly 90% of the 5-bedroom units purchased. Some buyers opted for larger units after their preferred 3-bedroom options were no longer available.
