SRX eXpress

Achieve the life you want, in the home you love
Property News14 Jan 2020

Van Holland sells 10 units at average S$2,975 psf at launch

BT 20200114 SPHOLLAND 4004439

A “good mix” of one to three bedroom units were sold. Most of the buyers are Singaporeans, noted Francis Koh, managing director and chief executive of Koh Brothers. BT FILE PHOTO

FREEHOLD luxury residence Van Holland has moved 10 out of its 69 units at an average S$2,975 per sq ft (psf) over its launch weekend, property developer Koh Brothers announced on Monday.
 
A "good mix" of one to three bedroom units were sold, Koh Brothers said in a press release. Most of the buyers are Singaporeans, noted Francis Koh, managing director and chief executive of Koh Brothers.
 
"We are deeply heartened by the warm reception that we received over the public launch weekend given that there were a number of other developments that also launched in the same weekend. We are pleased to be able to sell 15 per cent of our total units given the current market sentiment and are expecting more in the coming weeks," he said.
 
Located in Holland Village, the Van Holland development houses 53 units in two five-storey blocks, with one to four bedroom apartments ranging from 495 sq ft to 1,345 sq ft.
 
The other 16 units, dubbed the Exclusive Series, are in a four-storey block with private lift access. In that block, apartments range from 1,001 sq ft to 1,991 sq ft. Van Holland is expected to obtain its temporary occupation permit in March 2023.
 
On Saturday, Koh Brothers announced that two individuals Benjamin and Rachel Koh, both Mr Koh's children, had been granted the option to each purchase an apartment in Van Holland, both on the third storey of Block 188. Benjamin Koh may buy a unit at S$1.5 million, while his sister may buy a unit at S$2 million.
 
Shares of mainboard-listed Koh Brothers closed at S$0.24 on Monday, up 4.35 per cent.
Source: The Business Times
Like this article? Share it.
SRX eXpress
Property News 24 January
The Best of 2019
On the real estate front, 2019 was a great year for the industry...
Property News 22 January
SRX and AIG Singapore join forces to take the headache out of renting a home.
SRX and AIG Singapore today unveiled their collaboration to deliver an innovative solution to one of the property rental market's long-standing pain points – the security deposit – launching AIG Landlord Insurance.
Property News 17 January
All Hail the King of the North
Are you excited for the first Executive Condominium launch for the year? Well, you can’t bear ah, to miss out on Parc Canberra...
Property News 16 January
New private home sales up almost 15%, thanks to HDB upgraders
Owners selling up in the public housing sector to buy in the private market gave a much-needed boost to sales numbers...
Hello Singapore! I'm Sevi. Ask me any property question.
Chat with Sevi
Sevi - AI Bot
Replies in seconds
Need to speak to someone? 6635-3388
Sevi
I'm Sevi, your personal assistant.

You can ask me basic property questions about transactions, listings, project info and X-value.

Some Examples:

1. Where is Gem Residences located?
2. Are there listings in Hillview Regency for 3 bedrooms and budget of $1.5m?
3. For how much can I sell my property?
4. What are the latest transactions in Bayshore Park?
5. Is it cheaper to buy HDB in Tampines or Jurong East?
6. What is the plot ratio for The Sail?
7. How many blocks are there in Ang Mo Kio Ave 3?

Type RESET or HELP whenever you need.