Huttons’ comments on the GLS site at Holland Drive

27 February 2024

This is the last plot of land for private residential development in the popular Holland Village enclave. The neighbouring parcel will be launched as a BTO project in June 2024.

It is right next to the One Holland Village mixed-use development and minutes’ walk to Holland Village MRT station. It may be within 1km of the popular Henry Park Primary School.

It may be developed into a project exceeding 30 storeys thus offering residents unblocked views over the GCB areas.

However the large site with more than 600,000 sq ft of gross floor area will translate to a large quantum and will likely attract consortiums.

The top bid may be between $846 million and $909 million, translating to $1,350 to $1,450 psf ppr.