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.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

IATA optimistic on Malaysia's aviation outlook as regional recovery accelerates
ISF Group, Alliance Islamic Bank ink IPO underwriting agreement
Bank Islam targets 50% rise in BIMB biz users payment to voice feature
CPO output down 5.3%, palm oil exports fall 28.13% in Nov -�MPOB
Bursa Malaysia slips at midday amid subdued regional sentiment
EcoWorld achieves record sales and profit in FY25
LAC Med shares up on market debut
Steel unit price index falls 0.1 to 3.2 % in Nov - DoSM
SumiSaujana explores partnership with China polyurethane product manufacturer
Carsome's record retail performance drives up 3Q earnings

Others Also Read