Skye at Holland is emerging as one of Singapore’s most anticipated residential developments in District 10. With its strategic location near Holland Village, this 99-year leasehold project by CapitaLand and UOL Group offers a compelling proposition for investors seeking strong rental yields and long-term capital appreciation.
Prime Location Driving Rental Demand
Situated in the heart of District 10, Skye at Holland benefits from its proximity to key amenities and transport links. The development is within walking distance to Holland Village MRT Station, providing seamless connectivity to the Central Business District and other parts of Singapore.
The neighborhood is renowned for its vibrant lifestyle offerings, including a plethora of dining, shopping, and entertainment options. Additionally, the upcoming One-North and Buona Vista areas, known for their technology and business parks, are popular among working professionals and expatriates, further enhancing the rental demand in the vicinity.
Unit Mix and Pricing Insights
Skye at Holland offers a diverse range of unit configurations to cater to various tenant profiles. The development features units ranging from 2-bedroom apartments to more spacious 4-bedroom units, accommodating singles, couples, and families alike.
Pricing for the units starts from approximately S$1.49 million, with sizes ranging from 581 to 1,765 square feet. The price per square foot (psf) ranges between S$2,254 and S$3,300, reflecting the premium nature of the development and its location.
Rental Yield Potential
While specific rental yield data for Skye at Holland is not publicly available, the development’s prime location and the high demand for rental properties in District 10 suggest a promising rental yield potential.
Investors can anticipate steady rental income, particularly from expatriates and professionals working in nearby business hubs. The proximity to reputable schools also makes the development attractive to families seeking quality education for their children.
Long-Term Capital Appreciation
Beyond rental yields, Skye at Holland presents strong potential for long-term capital appreciation. The development’s freehold status adds to its investment appeal, as freehold properties typically offer better value retention and potential for price appreciation over time.
The ongoing urban developments in the surrounding areas, such as the expansion of the One-North and Buona Vista precincts, are expected to further enhance the attractiveness of the location, potentially driving up property values in the long term.
Conclusion
Skye at Holland stands out as a promising investment opportunity in Singapore’s competitive real estate market. Its strategic location in District 10, coupled with a diverse unit mix and premium amenities, positions it as an attractive option for investors seeking strong rental yields and long-term capital appreciation.
For more detailed information on floor plans, pricing, and available units, visit the official website of Skye at Holland.
