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Old July 11th, 2014, 09:55 AM   #1
y2koh
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One Holland Village (Mixed Development) | U/C | 2023

The Holland Road mixed use site will be on sale from December this year.
http://www.ura.gov.sg/uol/media-room...r14-34cl8.ashx

The site is huge, 2.3ha, with a plot ratio of only 2.6 probably to limit the development intensity especially on the edges towards the shophouses and the GCBA on the opposite side of Holland Road.
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Old July 14th, 2014, 02:01 AM   #2
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Its practically the whole of holland village carpark lots.
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Old December 1st, 2014, 12:42 AM   #3
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One Holland Village (Mixed Development) | U/C | 2023

News from CNA.

Quote:
Holland Village site up for sale next month
By Eileen Poh, Reporter, Channel NewsAsia
POSTED: 30 Nov 2014 22:16
UPDATED: 01 Dec 2014 00:29


Authorities are exploring various sales mechanisms for the 2.3-hectare commercial and residential site, including asking developers to submit their plans for the site before accepting their bids. URA said details such as the method of sale are still being firmed up.

SINGAPORE: A mixed development site at Holland Village will be put up for sale next month. Usually, tenders are awarded to the highest bidder. But for this site, authorities are exploring various sales mechanisms.

They could include asking developers to submit their plans for the site before accepting their bids. The Urban Redevelopment Authority (URA) said details such as the method of sale are still being firmed up.

URA also said that for "strategic sites", it holds industry consultations before putting the parcels up for sale. This is to understand how the market may respond to different sales mechanisms.

Touted as Singapore's bohemian enclave, Holland Village is best known for its characteristic two-storey shophouses. But there are concerns that this estate may not retain its charm, with the additions of new developments.

The 2.3-hectare commercial and residential site to be put up for sale next month is part of the Holland Village Extension plan as unveiled in the Master Plan 2014.

Property watchers said authorities can take the unconventional way of selling the site to preserve the character of Holland Village - through the two-envelope tender system.

The government typically sells land through the competitive price-only method in which the highest bidder wins. But for certain sites, developers are assessed on more than just what they can afford to pay for the land.

Hence, for instance, under the two-envelope tender system or the Concept and Price Revenue tender system, developers can be required to submit concept plans for the land parcel they bid for.

Under this system, the proposals are evaluated using criteria like quality of architecture, business concepts and track record of the developers. Only those developers with proposals that satisfy the evaluation criteria will be short-listed. The site is then awarded to the highest bidder.

SLP International Property Consultants executive director of research and consultancy, Nicholas Mak, said: "The so-called two-envelope system is typically used in situations where the government either wishes to preserve a certain characteristic of that development site, or there are already some existing architecture or buildings on that site the government wishes to conserve."

"That way, equity muscle will not be the sole determinant for the award of the (Holland Road) site," said Desmond Sim, head of CBRE Research, Southeast Asia.

"Through the double-envelope concept, concerns from the public, such as the final intended use of the space and the design of the building, for this prominent site can be safeguarded," he added.

Property firm Century 21 Singapore's CEO Ku Swee Yong said: "This site is a very big one and it can alter the social make-up of the neighbourhood. If the normal price tender system was to take place and the developer who won it build it into, say the Chinatown or Little India concept, in that case we could have the social make-up of the whole Holland Village changed."

The two-envelope system was introduced in 2005, and four government land sale sites have been sold through the system since. They include the historic Capitol site at Stamford Road/North Bridge Road and the Collyer Quay site where Fullerton Hotel sits.

Observers added that the procedure can be used to weed out certain developers from winning the bid. Mr Ku said: "If URA merely lets this site out for a normal price tender bid, I think there may be winning developers who would just build something that is run-of-the-mill, strata-title all the units, including the retail ones, and sell off everything at the best possible profit.

"In that case, there may not be a lot of consideration for keeping the character and some of the heritage of the neighbourhood that is called Holland Village. So, in order to make sure that this is not just another plain vanilla cookie-cutter type of building, we should have concept plans being drawn out."

But observers also pointed to the downside of having such a system such as the higher costs developers pay for the site due to the money spent on hiring architects and coming up with the business concepts.

"One thing is this two-envelope can be very costly for the bidders because they would need to employ architects and engineers to draw up the concepts. There is a long preparation time," Mr Mak said.

Some analysts said this may potentially drive up land prices, which can result in higher home prices or higher rents for retailers.


- CNA/ir
source: CNA
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Old December 4th, 2014, 03:54 PM   #4
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URA announced today that HV site has been move to 2015 H1 reserved list. I wont be surprise if this site will remain under reserved list for H2 next year
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Old December 5th, 2014, 07:24 AM   #5
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Site details is out.

http://www.ura.gov.sg/uol/land-sales...and-rd-ma.aspx
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Old October 20th, 2015, 12:16 PM   #6
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News from CNA. You can read the full article in the source link below.

Quote:
Makeover of Holland Village in the works
By Eileen Poh, Channel NewsAsia
POSTED: 19 Oct 2015 23:01
UPDATED: 19 Oct 2015 23:16


The Urban Redevelopment Authority releases details on what will be allowed on the 2.3-hectare extension behind shophouses at the heart of Holland Village.
source: CNA
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Old October 21st, 2015, 06:19 AM   #7
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So far no takers for that huge mixed use plot.
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Old October 21st, 2015, 09:52 AM   #8
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Quote:
Originally Posted by DowntownKidz View Post
So far no takers for that huge mixed use plot.
developers will be better off staying away from this project or else its unlikely government will tweak the current cooling measures.
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Old June 29th, 2017, 05:05 AM   #9
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Holland site back on the confirmed list to be launch in Nov 17.
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Old June 29th, 2017, 05:04 PM   #10
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Wow almost 2 years
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Old March 7th, 2018, 01:31 AM   #11
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20 Mar is the tender closing date for the site. I reckon this could be the biggest URA GLS sale for the year and perhaps record breaking too. One developer who is likely to make a big bet on this one could possibly be Fraser Centrepoint as they have been rather quiet in the en bloc party.
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Old March 20th, 2018, 12:58 PM   #12
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Quote:
The Urban Redevelopment Authority (URA) closed the tender for the commercial and residential site at Holland Road today.

The site was launched for sale via the Concept and Price revenue tender system on 30 November 2017. Under this system, only the envelopes containing concept proposals were opened today and URA received a total of 15 tender submissions.

Concept and Price Revenue Tender

Tenderers for the subject site at Holland Road were required to submit their concept proposals and tender prices in two separate envelopes.

The concept proposals will be first evaluated by a Concept Evaluation Committee based on a set of criteria specified in the tender (see Annex B [PDF, 215kb]). Only tenders that meet the evaluation criteria will be considered for award. At the second stage, the price envelopes of the proposals with acceptable concepts will be opened for consideration. The site will then be awarded to the tenderer with the highest bid price among those with acceptable concept proposals.

This is not an announcement of tender award. A decision on the award of the tender will be made after the tenders have been evaluated. This will be published at a later date.
https://www.ura.gov.sg/-/media/Corpo...r/pr18-15a.pdf

Last edited by Mith252; March 20th, 2018 at 04:51 PM.
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Old May 16th, 2018, 03:15 PM   #13
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News from CNA.

You can read the full article in the source link below.

Quote:
Stirling Land gets Holland Road tender with S$1.21b bid
16 May 2018 07:40PM
(Updated: 16 May 2018 07:50PM)


Stirling Land Holdings has been awarded the tender for a 99-year leasehold land parcel at Holland Road and its future development will add vibrancy to Holland Village, said the Urban Redevelopment Authority (URA) on Wednesday (May 16).
source: CNA
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Old May 17th, 2018, 01:08 AM   #14
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Quote:
The Holland Road site, which sits near Holland Village's F&B outlets, can have a maximum gross floor area (GFA) of 59,715 sq m (642,766 sq ft). Up to 13,500 sq m of that can be used for retail. At least 60 per cent of the total GFA should be for residential use, and the remaining 40 per cent, for commercial use.

Although the winning consortium could have used the full 60 per cent for apartments for sale, it chose to split this GFA into 400-plus apartments for sale, and 100-plus serviced apartments. Mr Tan said: "We are in this for the long term. We have confidence there will be good demand for serviced residences in this location, so we did not maximise the apartments for sale in this project."

Far East's proposed scheme will have two towers of 33 storeys and 25 storeys housing the 400-plus apartments for sale, a 10-storey serviced apartment tower and five levels of office space above the retail/F&B space. There will also be dual office/residential units as a component of the office space.

Mr Tan said: "Our future development will build upon the existing identity of Holland Village, and we will ensure that it remains sensitive to the existing community while enriching the social fabric.

"Holland Village is a much-loved precinct with a distinctive character, heritage, and history. Like many of our fellow Singaporeans, we too cherish the precinct's unique atmosphere and quaint charm, as well as its valuable store of social memories."


https://www.channelnewsasia.com/imag...ept-plan-2.jpg


https://www.channelnewsasia.com/imag...evelopment.jpg

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Last edited by Mith252; May 17th, 2018 at 02:54 AM. Reason: Image too large. Edited accordingly.
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Old May 19th, 2018, 06:56 AM   #15
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that looks quite awesome.
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Old May 23rd, 2018, 03:50 AM   #16
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Somehow I feel that the proximity of residential buildings in HV is no good for the night life along HV. I am sure by 10pm, residents in their apartment will be busy calling the police to complain about noise pollution etc.
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Old August 3rd, 2018, 02:48 PM   #17
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News from CNA.

You can read the full article in the source link below.

Quote:
Holland Village car park to close on Aug 13 for development works
03 Aug 2018 04:47PM
(Updated: 03 Aug 2018 05:25PM)


From Aug 13, Holland Village's main car park serving the hot dining enclave will make way for works on a mixed-use development, which is set to complete within seven years.
source: CNA
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Old August 14th, 2018, 01:33 AM   #18
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News from The New Paper.

You can read the full article in the source link below.

Quote:
Delayed closure of Holland Village carpark
TIFFANY FUMIKO TAY
Aug 14, 2018 06:00 am


Temporary links to alternative carparks to be built

source: The New Paper
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Old November 28th, 2019, 12:42 AM   #19
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News from The New Paper.

You can read the full article in the source link below.

Quote:
One Holland Village units to go on sale on Saturday
Nov 28, 2019 06:00 am


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

source: The New Paper
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Old December 3rd, 2019, 12:31 AM   #20
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News from The New Paper.

You can read the full article in the source link below.

Quote:
Nearly a third of One Holland Village Residences sold
ANN WILLIAMS
Dec 03, 2019 06:00 am


Most popular units were Sereen's one- and two-bedders

source: The New Paper
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