Hyll On Holland

The site of Hyll On Holland had previously belonged to 2 smaller developments, Hollandia and The Estoril. Hollandia is a 6 storey block of 48 apartment units which was built in the mid-1980s while The Estoril is a six storey high development with 44 apartment units that comprises of 40 apartments and four penthouses. The site of Hollandia has a total plot size of approximately 4970.8 square metres and with a gross plot ratio of 1.6 and the land parcel of The Estroil has a land size of approximately 7859 square metres with a gross plot ratio of 1.6.

Both these freehold land parcels were successfully acquired by a joint venture between Hong Kong listed company, Far East Consortium International (FEC) and Singapore based Koh Brothers Group through a collective sale exercises for both land parcels in 2018. The land parcel of Hollandia was purchased with $183.38 million which was translated to $1703 per square foor per plot ratio. While the winning bid for The Estoril $223.9 million which was translated to $1654 per square foot per plot ratio.

Other developments that are within Hyll On Holland’s vicinity include Parksuites, Viz at Holland, Lush On Holland Hill, Parvis, The Enclave Holland, Holland Suites, Holland Residences, 15 Holland Hill, Leedon Residences, D’Leedon, Wilshire Residences, Leedon Green, Pollen and Bleu and Van Holland.

By combining the 2 small plots, the developer has created a larger piece of land for this residential development. There will be a single residential project on this land parcel and the total gross floor area for it will be approximately 242,000 square feet.

This should have enhancement on the development’s value given that new site of this kind of good sizing with freehold status are uncommonly found.  This also implicates that more gardens and facilities can be included to this development with more households sharing the maintenance fees.

This project will be an upscale luxurious condominium with approximately 321 residential apartments. This is a good sizing as it will not be overwhelmingly bland and big and it is also not too small size for being appealing.

Due to its low plot ratio, the area will not be built up densely. This will allow this area to retain the mid-rise human scale profile previously that was set in the landscaping grounds.

Another highlight will be the future One Holland Village, a mixed used exciting development located in the heart of the Holland Village. This development will bring in more vibrancy and life to this area in addition to what is already now a bustling lifestyle hub.

The One Holland Village will not just have additional to more commercial, retail and F&B spaces, events public squares but also private residences.  The site of One Holland Village has drawn many interested parties during its tender for the Government Land Sale programme (GLS). A hard battle was fought and the winning tender bidding set the record for land price for 99 years leasehold status in this area which signals on the confidence level of the industry for this location.

Hyll on Holland will likely to stand an advantage for its closeness to this development. This is especially true with its freehold status which will likely to boost up its value with this area’s record setting feat.

The development sits on the corner site with its frontage to the Holland Road and at the junction with the Queensway. This plot is a longish medium sized piece of land that sprawling just slightly more than 138,000 square feet.

On the development’s North bound that is across the Holland Road will facing the Leedon Green that is currently under construction which the land parcel has previously belong to the former Tulip Gardens. The South bound of Hyll on Holland’s site will be facing towards two small scale private resident developments i.e. the Holland Hill Park and the Holland Hill Lodge.

All of these projects are low-rise and mid-rise developments which are 5 to 12 levels high. This makes the entire neighbourhood less dense and gives it a more relaxing feel.

Also towards the West direction of the site of Hyll on Holland condo will be several landed housings that are concealed behind row of trees that screen them from road which will give a relatively open view on this side of the development.

The location of Hyll on Holland condo sits in the Queensway/Holland Road enclave. This estate is highly valued of the elite address of District 10. This area is part of the purely private residential enclave that spans from the Holland Road, with the Pandan Valley at the West most end and passes through the Holland Village as well as Tanglin area and all the way down to the Orchard Road.

The location will be probable to uphold its value with appreciation over time due to the prime locality as well as limited supply for freehold land parcels.  This development should be able to be appealing for those buyers who are looking property of freehold status that are close proximity to the heart of the city but at a price that is lower than the precinct of the Orchard Road.

The residents of Hyll on Holland will need to take around 10 minutes of dirving to hit the Orchard Shopping Belt for their major retail therapy and dining occasions. For those who  want to get fresh marker produce, there is a heartland town centre that is less than 1 km away which host a market, a food centre, GP medical clinic and also some other daily necessities shops.

One of the features of Hyll of Holland condo’s location will be its closeness to the Dempsey Hill and Holland Village attractions. A leisure walk between 12 to 15 minutes from the development will allow one to hanging out with their friends over some outlandish gourmet delights, without having to worry about getting a parking space. Residents can also enjoy dessert or drinks and also do some light shopping at the art and curio shops.

The Holland Village represents a diverse retail mix, from supermarkets, bistros, cafes, fast food chains, food centre, creameries, cobblers, and to bank branches.  Things will set to boost up even more with the completion of One Holland Village. This exciting new mixed development will add more shopping and dining options to the already numerous ones here currently. The development will also provide new public squares and spaces for events. The development is set to add more buzz and vibrancy to the entire Holland Village.

Another popular dining haven and lifestyle destination will be the nearby Dempsey Hill which is in a more laid back and relaxing setting with sprawling greenery.  The Singapore Botanical Gardens, which is approximately 5 minutes’ drive from Hyll on Holland will be another choice of leisure destination for the residents. Residents could also take a walk down to there for unwinding and relaxing amidst the peacefulness and greens.

The locality of Hyll on Holland is situated in between two educational belts. Up towards the Farrer Road will be the education zone of Bukit Timah which is home to a string of some of the most reputable education institutions in Singapore.  While towards the Dover Road and Kent Ridge side, there is the main campus of the National University of Singapore and also several well-known international schools, business parks and research institutions.

About the Developer

The developed is a joint development by both Far East Consortium, which is based in Hong Kong and Koh Brothers from Singapore.

Koh Brother, which is listed in Singapore, has entered into a partnership of 20 to 80 stakes via its subsidiary, Changi Properties Pte Ltd, with FEC Properties, a unit of Far East Consortium for this project.

Far East Consortium is a conglomerate which has regional presence with a wide array of business activities which include real estate development and investment, hospitality management, amid others.

Since 1972, the company has gone public on the Hong Kong Stock Exchange’s mainboard. With over 45 years of expertise and experiences, the group has established itself as one the leading real estate developers in the region. It has operations in Europe, Malaysia, Singapore, New Zealand, UK, Australia, China and Hong Kong.

From Melbourne, Shanghai to London, the Group has launched and constructed many developments that range from apartments to integrated projects of large scale. Some of these projects include Singapore’s ARTRA at Redhill, Manchester’s Meadowside, Perth’s Towers @ Elizabeth Quay and Melbourne’s West Side Place.

SC Global has also formed a consortium FEC Properties which is responsible for the launch on the upscale Cuscaden Reserve in the Orchard Road/Tanglin estate.

The Koh Brothers Group is a Singapore based construction, real estate development, specialist engineering firm that was formed in 1966. It was listed on the mainboard of the SGX in August 1994.

The company has since growth to a network of more than 40 companies (associated and joint venture) and has subsidiaries operating in Malaysia, Indonesia, China and Singapore.

The Group’s Koh Brothers Development Private Limited (KBD) was established in 1993. It is the property arm of the group as well as being the flagship company. KBD manages the group’s real estate development projects and has the tendency to incorporate the lifestyle themes to these projects. Examples include the architecture which is Italian inspired, Fiorenza, astronomy themed Starville and Olympics themed Parc Olympia.

KBD has also developed several luxurious residential developments in upscale locations suich as Leonie Hill’s The Lumos, River Valley’s Montana, Novena’s Lincoln Suites as well as bungalows located in Caldecott.

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The Botanic Gardens MRT Interchange Station is also operating the Downtown MRT Line which can connect future residents seamlessly to the Downtown MRT Station located in the Financial District. The Caldecott MRT Interchange Station will also start its operation for the MRT Thomson East Coast line in 2020.

For drivers, Hyll On Holland is approximately 25 minutes’ drive to the Central Business District (CBD) and approximately 15 minutes’ drive to the Orchard Shopping Belt. Hyll On Holland is also neat to the Pan Island Expressway (PIE) which also connects to the Central Expressway (CTE).

Amenities
In terms of shopping and dining, future residents of Hyll On Holland can head down to the nearby Holland Village, a popular shopping and dining destination for Singaporeans and expatriates. Many food chains in Singapore are in Holland Village. It also has a wet market and food centre with food stores selling local dishes. There are also up-market dining outlets e.g. ethnic restaurants and food and beverages franchises located there. The village also hosts a number of watering holes. Holland Village also has a wide range of retail amenities. There are 2 shopping malls hosted there i.e. the Holland Road Shopping Centre and the Holland V Shopping Mall. Various retail establishments along with specialised shops are located at these malls and also along the streets there.

Schools
For families with school going children, Hyll On Holland is close to CHIJ Primary School (Kellock), New Town Primary School, Nanyang Primary School, Queenstown Primary School, Anglo-Chinese School (International), Queensway Secondary School, Saint Margaret’s Secondary School and Hwa Chong Institution. Tertiary institutions such as MDIS College, Confucius Institute, Nanyang Technological University, National University of Singapore (Bukit Timah Campus) and ESSEC Business School are also nearby.

To summarize,

1. Serenity – It is located in the quiet private residential enclave.
2. Prime – It is located in the prestige district 10.
3. Locality – It is near to Holland Village MRT Station
4. Accessible – It is minutes to the CBD and Orchard.
5. Family Living – It is surrounded by many schools.