SINGAPORE (EDGEPROP) – In the week of Aug 22 to 26, the highest transaction recorded on a psf-price basis was for a 2,088 sq ft, four-bedroom unit at One Holland Village Residences. The unit is on the 27th floor of The Quincy Collection, the most exclusive of the three-tiered residential blocks in the integrated development.
The unit fetched more than $7.15 million or an all-time high of $3,426 psf, according to a caveat lodged on Aug 22. In terms of absolute price, the highest was achieved by the sole 3,455 sq ft, five-bedroom penthouse located directly above, on the 28th floor. It fetched $11.4 million ($3,300 psf) in May this year.
The Quincy Collection has just 27 units on the 21st to 28th floor of Block 5 at One Holland Village Residences. Given their orientation, the units have views of the Holland Road Good Class Bungalow (GCB) area. They are a mix of three- and four-bedroom units, with sizes from 1,238 to 3,358 sq ft, and a sole five-bedroom penthouse of 3,455 sq ft. Below the Quincy Collection is the Quincy House with 255 serviced residences, spanning the first 19 floors of the block.
The tallest tower is the 34-storey Sereen Collection at Block 1, with 248 apartments. These are a mix of one- to three-bedroom units, with sizes ranging from 484 to 1,098 sq ft. The shortest of the three blocks is the three-storey Leven Collection at Block 3. It has just 21 units, all two-bedroom apartments of sizes from 947 to 1,087 sq ft. There are only two units at the Leven Collection available for sale to date.
The three collections total 296 units and are part of the $2 billion mixed-use integrated development by a consortium made up of Far East Organization, Sekisui House and Sino Group. Besides the three residential blocks and serviced residences, the mixed-use development has retail, F&B as well as office components. The development is designed by homegrown architectural practice MKPL Architects. It is just a four-minute walk to Holland Village MRT Station on the Circle Line.
One Holland Village Residences is targeted for completion in 4Q2024, while the commercial components (the retail and office zones) are scheduled for completion in 3Q2023.
The prime District 10 development, which is set to rejuvenate Holland Village, is 67% sold to date, since its launch in November 2019. Average price achieved at the 99-year leasehold condo development is $2,748 psf.
