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When evaluating a new condominium purchase in Singapore, one of the most important benchmarks buyers rely on is the price per square foot (PSF). Skye at Holland, a 99-year leasehold luxury development in District 10, has drawn strong attention for its prime location near Holland Village, modern design, and proximity to key amenities. To determine if it represents fair value, it is essential to compare Skye at Holland’s PSF against nearby projects in the Holland and District 10 area.
This guide takes a detailed look at Skye at Holland PSF, how it stacks up against surrounding developments, and what buyers should consider when deciding whether to invest or buy for own stay.
Table of Contents
Why PSF Matters in Condo Purchases
Price per square foot (PSF) is a widely used measure in Singapore property analysis because it provides a level comparison across units of varying sizes and types. Here’s why PSF is critical when assessing projects like Skye at Holland:
- Fair Comparison Across Units – A smaller unit may have a lower overall price, but often commands a higher PSF compared to larger layouts.
- Gauge Market Positioning – By comparing PSF across developments, buyers can tell whether a project is priced as a premium, mid-tier, or value option.
- Future Resale Potential – Projects bought at a reasonable PSF relative to peers may hold stronger long-term capital appreciation prospects.
With this framework, let’s examine Skye at Holland in detail.
Skye at Holland PSF Overview
Skye at Holland is a brand-new condominium at 2–6 Holland Drive, comprising two 40-storey residential towers with a total of 666 units, slated for completion in 2030.
- Tenure: 99 Years Leasehold
- Developer: CapitaLand, UOL, Singapore Land Group & Kheng Leong
- Architect: P&T Consultants
- Unit Mix: From 2-Bedroom (581 sqft) to 5-Bedroom Suites with private lifts (1,765 sqft)
- Facilities: Sky terrace, swimming pool, communal spaces, 2-storey carpark, and 2 basement levels
Average PSF (2025):
Based on indicative land cost and surrounding transactions, Skye at Holland is expected to launch at around S$2,700 to S$2,800 PSF.
This positions it competitively among new launches in Holland Village, reflecting its modern design, proximity to MRT, and premium District 10 location.
Comparison with Nearby Condos
https://newdeveloperlaunch.sg/property/skye-at-holland/To understand value, it’s useful to compare Skye at Holland with surrounding developments.
1. One Holland Village Residences
- Tenure: 99-year leasehold
- Average PSF: S$2,600 – S$2,900
- Notes: Integrated development with retail, serviced apartments, and offices. While it offers lifestyle convenience, its leasehold tenure aligns it closer to Skye at Holland’s positioning.
2. Holland Residences
- Tenure: Freehold
- Average PSF: S$2,300 – S$2,600
- Notes: Completed in 2012. Although freehold, the project is older, with less modern facilities, explaining its lower PSF.
3. Leedon Green
- Tenure: Freehold
- Average PSF: S$2,700 – S$3,000
- Notes: Large-scale freehold near Farrer Road MRT with full facilities. Comparable PSF, but lacks Skye’s boutique scale and walkable Holland Village lifestyle.
4. Hyll on Holland
- Tenure: Freehold
- Average PSF: S$2,500 – S$2,800
- Notes: Newer freehold project, slightly further from Holland Village MRT. Positioned competitively but not as central as Skye at Holland.
5. Van Holland
- Tenure: Freehold
- Average PSF: S$2,900 – S$3,200
- Notes: Boutique-style freehold with luxury finishes. Higher PSF due to smaller unit sizes and niche exclusivity.
Table: PSF Comparison of Skye at Holland vs Nearby Condos
| Development | Tenure | Avg. PSF (2025) | Key Points |
|---|---|---|---|
| Skye at Holland | 99-year LH | S$2,700–2,800 | Brand-new, modern, near MRT, boutique scale |
| One Holland Village | 99-year LH | S$2,600–2,900 | Integrated, lifestyle convenience |
| Holland Residences | Freehold | S$2,300–2,600 | Older freehold, larger units |
| Leedon Green | Freehold | S$2,700–3,000 | Large-scale, full facilities |
| Hyll on Holland | Freehold | S$2,500–2,800 | Newer freehold, slightly further from MRT |
| Van Holland | Freehold | S$2,900–3,200 | Luxury boutique, smaller units |
Factors Explaining PSF Differences
- Tenure – Freehold projects typically command a 10–20% premium, which explains the higher PSF of Van Holland and Leedon Green compared to Skye at Holland.
- Age of Development – New launches like Skye at Holland naturally have higher PSFs than older freehold projects.
- Location Precision – Skye at Holland is just 380m from Holland Village MRT, giving it an advantage over some competitors.
- Scale & Exclusivity – Unlike integrated mega-developments, Skye at Holland balances boutique scale with modern facilities, appealing to those who prefer privacy.
- Design & Lifestyle – Skye at Holland’s contemporary layouts, sky terrace, and carpark facilities add lifestyle value that older developments lack.
Should You Buy at Skye at Holland PSF?
Consider Buying If:
- You value a central District 10 location near Holland Village MRT.
- You want a modern, brand-new development with luxury finishes.
- You prefer boutique scale and exclusivity over mega projects.
- You believe in capital appreciation potential in the Holland enclave.
Consider Alternatives If:
- You want freehold tenure for legacy holding (e.g., Van Holland, Leedon Green).
- You prefer integrated living with retail and offices (One Holland Village).
- You prioritise larger unit sizes at lower PSF (Holland Residences).
Investment Perspective
From an investor’s angle, Skye at Holland’s PSF is aligned with newer leasehold and freehold peers, offering competitive entry in District 10.
- Rental Demand: Holland Village is a perennial favourite among expatriates thanks to its lifestyle, F&B scene, and city proximity.
- Capital Preservation: While leasehold tenure is a limitation compared to freehold, Skye’s MRT access and modern branding are strong drivers of value.
- Exit Strategy: Buying at today’s launch PSF may offer stable resale prospects, as boutique projects near MRTs remain highly desirable.
Key Takeaways
- Skye at Holland’s PSF of S$2,700–2,800 is competitive among new launches in District 10.
- Leasehold nature makes it more affordable than boutique freehold peers like Van Holland, yet modern and well-located.
- Strong rental demand from expatriates ensures resilience in yields.
- Lifestyle advantage – walkable to Holland Village, MRT, malls, and schools.
Final Thoughts: Is Skye at Holland Worth It?
For buyers who want modern living, boutique exclusivity, and excellent MRT connectivity, Skye at Holland presents a compelling choice. Its PSF is fair relative to its positioning, and it strikes a balance between affordability (compared to freehold peers) and premium living standards.
For investors, the Holland Village area remains one of Singapore’s strongest rental markets, ensuring sustainability of returns. For own-stay buyers, Skye at Holland delivers the lifestyle many aspire to – vibrant, convenient, and connected.
Interested in exploring Skye at Holland’s unit availability, PSF positioning, and detailed floor plans? Contact us today for a personalised consultation and be among the first to access the latest launch updates. Make a confident and informed decision in Singapore’s competitive property market.
Disclaimer: This information is for general reference only and does not constitute investment or legal advice. Property details including pricing, availability, and regulations are subject to change without notice, and prospective buyers should conduct independent due diligence and consult with CEA-licensed property agents, solicitors, and other qualified professionals before making any property decisions. The principle of caveat emptor (buyer beware) applies to all Singapore property transactions.
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