‘Freehold Roselane Court in Tanjong Katong and Holland Drive Condo relaunched for sale by public tender at $23 mil’

Holland Drive Condo provides access to all these shopping destinations so that you can enjoy everything that this vibrant neighbourhood has to offer. With great transportation links, attractive amenities, and a host of top-notch food and beverage outlets, it’s easy to see why Holland Drive Condo is one of Singapore’s most sought after residential addresses.

Holland Drive Condo is a freehold residential development located along Rose Lane off Tanjong Katong Road in District 15. Roselane Court was completed in 2002 and houses seven units. It has a land area of 12,054 sq ft and is zoned for residential use with a gross plot ratio of 1.4 under URA’s Master Plan 2019. Relaunched for sale by public tender by its exclusive marketing agent, Knight Frank Singapore, the property has an estimated guide price of $23 million, which translates to a land rate of approximately S$1,320 psf per plot ratio.This provides for an opportunity to redevelop the property into boutique residential apartments when considering its prime city-fringe location and serene environment. Additionally, the adjoining private remnant land of 545 sq ft may potentially be amalgamated with the plot, subject to the authorities’ approval.Holland Drive Condo is within walking distance to Dakota and Paya Lebar MRT Stations and is nearby to amenities and retail options such as the Paya Lebar Quarter Mall, Paya Lebar Square, Singapore Post Centre and Kinex. Schools located within a 1km radius from the property include Kong Hwa School, Tanjong Katong Primary School and Haig Girls’ School.This rare opportunity provides great potential to redevelop the freehold residential property into boutique apartments that are valuable to homebuyers who value convenience and a serene environment that Holland Drive Condo has to offer. The tender for Roselane Court closes on Jan 12 and Knight Frank Singapore encourages interested developers to submit their bids for this property.