Holland Crest up for enbloc sale

Holland Crest – a prime-district residential condominium on Holland Hill – is up for enbloc sale.

The 42 owners are hoping to get at least S$67.5 million for the 52,000 square feet freehold site.

This will work out to a land value of S$800 per square foot per plot ratio.

The land is zoned for residential use and has a plot ratio of 1.6.

The successful developer will be able to build about 66 units, averaging 1,200 square feet each.

There is a height restriction of 12 storeys.

Source: Channel NewsAsia, 31 January 2007 

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