21 May '18, 1am

Holland road site sold to consortium led by Far East Organization for $1.213 billion

There may be some promising news for property investors or buyers who favouring living near Holland Village. The large site at Holland road has just been sold to a consortium led by Far East Organization. And the area may see a revival in a few years’ time. Holland Village. Picture: URA Consortium led by Far East Organization won with $1.213 million bid The consortium which consists of Far East Organization, Sekisui House and Sino Group won with a bid of $1.213 billion or about $1,888 psf ppr. The site is situated next to the Holland Village MRT station in an area popular with expatriates, university students and has a good mix of public, private non-landed and landed housing from different eras. For this tender, developers were considered not only by bid-price but also by the concept and how they propose to integrate the new development into the existing Holland Village d...

Full article: https://www.iproperty.com.sg/news/holland-road-site-sold-...

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