Consortium makes top bid for Holland Drive site

This is the first GLS site to be launched in the Holland Village area since May 2018. — The Straits Times

SINGAPORE: The first state land tender for a prime 99-year leasehold site in Holland Drive since 2018 attracted three bids on May 14, with a top bid of S$805.4mil cast by a consortium led by UOL Group and CapitaLand Development.

If awarded the tender, the consortium plans to develop two 40-storey condominium towers on the District 10 site, which can yield 680 units and is next to the One Holland Village mixed-use development, a spokesman said.