Wing Tai Wins Tender For Freehold Holland Tower Collective Sale Site
SINGAPORE, 15 March 2023 – Wing Tai Holdings Limited (Wing Tai) is pleased to announce that its wholly-owned subsidiary, Wincove Investment Pte. Ltd. has successfully tendered for the collective purchase of the freehold Holland Tower site for S$76,300,000 which translates to S$1,746 per square foot per plot ratio (psf ppr). Located at 10 Holland Heights in the prime District 10, the site area is 2,032.6 square meters with a gross floor area of 4,059.05 square meters. Wing Tai plans to redevelop the elevated site into a luxurious residential development overlooking the unblocked lush greenery of Holland Park Good Class Bungalow area.
The site is located within a 5-minute drive or 15-minute walk to Dempsey Hill and Holland Village, offering easy access to a myriad of dining and lifestyle options. It is about a 5-minute drive to The Singapore Botanic Gardens and a 10-minute drive to the Orchard Road shopping belt. Well-served by Farrer Road and Holland Village MRT stations, the site is easily accessible by major roads and well connected to other parts of Singapore via the Ayer Rajah Expressway and the Pan Island Expressway. It is in close proximity to well-known schools such as ACS International and Nanyang Primary School.
Ms Tan Hwee Bin, Executive Director of Wing Tai Holdings, says, “Wing Tai is pleased to have won the tender for this attractive freehold site in the exclusive Holland Park Good Class Bungalow area. We plan to leverage its superior location attributes to develop a luxurious and iconic residential development with stunning unblocked views of the lush greenery in Holland Park as well as the Singapore city skyline.”
ISSUED BY
Wing Tai Holdings Limited
FOR MEDIA ENQUIRIES
Sher Ling Chia
Head, Group Corporate Communications
Wing Tai Holdings Limited
Tel: +65 6380-3956
Email: sherling@wingtaiasia.com.sg