UOL and CapitaLand JV Sells 99% of Skye at Holland at an Average of $2,953 psf
Skye at Holland achieved a near-total sell-out on its launch day, with 658 out of 666 units (99%) sold at an average of $2,953 psf. Jointly developed by UOL Group and CapitaLand Development, the project has set a new benchmark for Core Central Region (CCR) sales in 2025.
Sell-through on launch day
Price range
Visitors during preview
Best-selling launch of 2025
Launch Overview
Located in the heart of Holland Village, the development attracted strong interest from both Singaporeans and Permanent Residents, comprising a balanced mix of investors and owner-occupiers. The launch drew an estimated 8,000 visitors over its preview weekend, underscoring continued demand for well-located Core Central Region projects.
Unit Mix and Demand Trends
Larger units saw the strongest demand — three- and four-bedroom apartments were fully sold, while five-bedroom units achieved close to 90% take-up. Buyers cited the project’s prime MRT connectivity (a five-minute walk to Holland Village MRT on the Circle Line) and its limited future supply in the precinct as key draws.
Project Significance
Skye at Holland is widely regarded as one of the final major private residential launches in the Holland Village district — a lifestyle destination prized for its cafes, restaurants, and proximity to the city centre. The project’s strong performance positions it as the best-selling CCR launch of 2025, surpassing LyndenWoods (94%) and matching Emerald at Katong’s 98.7% sell-out in late 2024.
Market Context
According to URA Realis 3Q2025 data, the price gap between CCR and RCR launches has narrowed to around 19%, making core central projects comparatively attractive for upgraders and investors seeking long-term value. Skye at Holland’s success reinforces confidence in the prime segment’s resilience.
Outlook
With its near sell-out, Skye at Holland adds to the strong momentum of Singapore’s new private home market heading into the final quarter of 2025. Upcoming launches — including The Penrith, Faber Residence, Zyon Grand, and The Sen — will continue to test demand strength amid a robust but price-sensitive environment.