Mixed-use development One Holland Village to include homes, Retails, Offices and Community Spaces

SINGAPORE - The upcoming mixed-use development One Holland Village in Holland Drive will feature 296 residential apartments, 255 serviced units, as well as retail, office and community spaces.

The residences will be open for sale on Saturday (Nov 30).

The retail space has already signed on a few companies, including supermarket Cold Storage, pharmacy chain Guardian, non-profit arts and culture organisation The Rice Company and movie theatre The Projector.

One Holland Village is being developed by Far East Organization and its joint venture partners Sekisui House and Sino Group, which bought the coveted site in May last year for $1.213 billion.

Mr Marc Boey, director of planning and acquisitions at Far East Organization, told a briefing on Wednesday (Nov 27): "We hope to add value and diversity to Holland Village.

"Having an exceptionally large development site - more than three football fields in size - at the heart of Holland Village gives us the opportunity to inject more varied uses and activities."

SELECTED units of One Holland Village Residences, developed by Far East Organization, Sekisui House and Sino Group, will go on sale on Saturday.

It will offer apartments across three buildings - the 34-storey Sereen; the 28-storey Quincy Private Residences; and the three-storey Leven with a roof terrace.

These will be priced from S$2,400 to S$3,500 per square foot (psf) across the three types of homes, the consortium told The Business Times on Wednesday.

The tallest tower, Sereen, will have 248 apartments between 484 and 1,098 sq ft, with one to three bedrooms each.

The middle tower, Quincy, will have 27 luxury apartments, located on the 21st to 28th floors. These will consist of three and four-bedroom duplex units ranging from 1,238 to 3,358 sq ft, as well as a 3,488 sq ft penthouse. Below them will be a 225-key serviced residence, located on the 1st to 19th floors of the Quincy building.

The shortest block, Leven, will have 21 two-bedroom apartments ranging in size from 807 to 1,087 sq ft.

Facilities at One Holland Village Residences include a 50-metre lap pool, a rooftop tennis court, a lawn, a dining and function room, and barbecue pavilions.

The 296 apartments, together with the serviced residences, make up the residential component of One Holland Village, a mixed-use development which also has a commercial zone featuring retail, office and community spaces.

The entire development sits on a 99-year leasehold site spanning 247,215 square feet (sq ft) in land area on 1, 3 and 5 Holland Village Way.

In terms of gross floor area (GFA), the apartments will span some 268,897 sq ft, while the serviced residences will take up 147,831 sq ft.

As for the retail component, that will span 145,314 sq ft in GFA. Anchor tenant Cold Storage and Guardian Pharmacy have confirmed their tenancy in the retail area.

Offices will take up 80,730 sq ft of GFA, while community space will be apportioned 21,528 sq ft. Not-for-profit arts organisation The Rice Company Limited will be housed in the community space.

The commercial zone is estimated to be completed in mid-2022, while the residential zone - comprising the serviced residences and apartments - is estimated to be completed by end-2024.

Source: Business Times 27th November 2019

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Mixed-use development One Holland Village to include homes, Retails, Offices and Community Spaces

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