UOL and CapitaLand Development announced that evening that 658 (99%) of the 666 units at Skye at Holland have been sold on the first day of launch. The average price of units sold was $2,953 psf.
“The robust take-up was underpinned by healthy buying sentiment and continued confidence in Singapore’s long-term fundamentals,” according to a spokesperson on behalf of the joint venture partners.
The strong sales were also attributed to the “rarity of a prime site in the heart of Holland Village”, adds the spokesperson.
The project drew a crowd of 8,000 on the first weekend of previews (Photo: UOL Group and CapitaLand Development)
Almost all the buyers were Singaporeans and Permanent Residents, comprising a broad spectrum of investors and owner-occupiers.
Interestingly, the larger units at Skye at Holland proved to be the most sought-after, with all three- and four-bedroom units sold out and close to 90% of the five-bedroom units taken up, notes Mark Yip, CEO of Huttons Asia. “Some buyers upgraded to a four- or five-bedroom unit after their preferred three-bedroom units were snapped up,” he observes.
Homebuyers were eager to secure a unit in what may possibly be the last project launch in Holland Village — a prime, well-located development within a five-minute walk of Holland Village MRT Station on the Circle Line, adds Yip.
“What makes Skye at Holland especially compelling is its unique value proposition — offering CCR prestige and quality at a very attractive price point,” says Marcus Chu, CEO of ERA Singapore. “It presents buyers with a rare opportunity to own a prime property in a sought-after location, ahead of upcoming launches that are expected to enter the market at higher land costs.”
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According to Kelvin Fong, CEO of PropNex, the weekend launch performance makes Skye at Holland “the best-selling project in terms of number of units in the Core Central Region (CCR) in 2025”. He notes that the strong results underscore the enduring appeal of well-located prime projects with attractive pricing.
Following the weekend sales, Skye at Holland stands out as the strongest project launch of 2025, outperforming LyndenWoods, where over 94% of 343 units were sold during its July launch. LyndenWoods is located at Science Park Drive in District 5, within the Rest of Central Region (RCR).
The project’s 98.8% sales rate is also comparable to that of the 846-unit Emerald at Katong, which achieved 98.7% sales during its launch weekend last November.
“Many buyers are also cognisant of the value proposition of CCR properties, particularly as the price gap between new launches in the CCR and RCR has remained relatively narrow,” says Fong.
Based on URA Realis data, the average price gap between CCR and RCR non-landed new sales stood at 19% in 3Q2025, he adds. “The blockbuster sales at Skye at Holland build on the healthy momentum seen in recent CCR projects with launch take-up rates exceeding 40%.”
The successful launch of Skye at Holland also sets a positive tone for the final quarter of 2025, ahead of the year-end holidays. Upcoming launches include the 462-unit Penrith, 399-unit Faber Residence, 706-unit Zyon Grand, and 347-unit The Sen.
