[ Land sales ]

Holland Link

Awarded

Residential. URA sale site.

[ Award ]

S$368,368,368

S$15,414.84 psm GFA, about S$1,432 psf ppr (derived). Awarded 7 August 2025 to Sim Lian Land Pte Ltd, parent: Sim Lian Group Limited and Sim Lian Development Pte Ltd, parent: Sim Lian Group Limited.

LocationAllowable developmentSite areaMaximum permissible GFASuccessful tendererTendered price (S$ psm of GFA)
Holland LinkResidential17,069 m²23,897 m²Sim Lian Land Pte Ltd, parent: Sim Lian Group Limited and Sim Lian Development Pte Ltd, parent: Sim Lian Group LimitedS$368,368,368(S$15,414.84)
[ All 5 tenderers ]

As listed at the close of 29 July 2025 (ura-pr25-41), with the outcome the award of 7 August 2025 gave each.

RankTendererTendered priceS$ psm GFAS$ psf ppr (derived)Outcome
1Sim Lian Land Pte Ltd, parent: Sim Lian Group Limited and Sim Lian Development Pte Ltd, parent: Sim Lian Group LimitedS$368,368,368S$15,414.84S$1,432Awarded
2Wee Hur Development Pte Ltd, parent: Wee Hur Holdings LtdS$301,390,000S$12,612.04S$1,172Unsuccessful
3Kingsford Huray Development Pte Ltd, parent: Kingsford GroupS$272,950,000S$11,421.94S$1,061Unsuccessful
4ABR Holdings Limited, RP Ventures Pte. Ltd., parent: Roxy-Pacific Holdings Limited, Macly Capital Pte Ltd, parent: Macly Group and LWH Holdings Pte. LtdS$270,081,688S$11,301.91S$1,050Unsuccessful
5SL Capital (9) Pte LtdS$236,618,000S$9,901.58S$920Unsuccessful

Press releases, latest first

Each card is one release on its own date, with its text folded beneath. The latest is first and open.

7 August 2025

Awarded

Tender award for URA sale site at Holland Link

Awarded to

Sim Lian Land Pte Ltd, parent: Sim Lian Group Limited and Sim Lian Development Pte Ltd, parent: Sim Lian Group Limited, S$368,368,368 (S$15,414.84 psm GFA, about S$1,432 psf ppr).

Read the press releaseura-pr25-43

1. The Urban Redevelopment Authority (URA) has awarded the tender for the site at Holland Link to the highest tenderer, Sim Lian Land Pte Ltd and Sim Lian Development Pte Ltd.

2. The site at Holland Link was launched for tender on 3 December 2024. The tender for the site closed on 29 July 2025. The site was offered for sale on a 99-year lease term.

3 Details of the awarded site and the successful tenderer are provided below:

Table caption

LOCATIONALLOWABLE DEVELOPMENTSITE AREAMAXIMUM PERMISSIBLE GROSS FLOOR AREA (GFA)SUCCESSFUL TENDERERTENDERED PRICE ($PSM of GFA)
Holland LinkResidential17,069.0 m223,897 m2Sim Lian Land Pte Ltd and Sim Lian Development Pte Ltd$368,368,368.00 ($15,414.84)

29 July 2025

Tender closed

Tender closing for URA sale site at Holland Link

5 bids disclosed

Highest S$368,368,368 (S$15,414.84 psm GFA) from Sim Lian Land Pte Ltd, parent: Sim Lian Group Limited and Sim Lian Development Pte Ltd, parent: Sim Lian Group Limited.

Read the press releaseura-pr25-41

This article has been migrated from an earlier version of the site and may display formatting inconsistencies.

1. The Urban Redevelopment Authority (URA) closed the tender for the site at Holland Link today.

2. The site at Holland Link was launched for public tender on 3 December 2024.

3. Please see Annex A for details of the site and tender bids received.

4. This is not an announcement of tender award. A decision on the award of the tender will be made after the bids have been evaluated. This will be publicised at a later date.

3 December 2024

Launched for tender, Confirmed List

URA releases four residential sites at Holland Link, Holland Plain, Chuan Grove and River Valley Green (Parcel C)

Read the press releaseura-pr24-57

1. The Urban Redevelopment Authority (URA) has released four residential sites at Holland Link, Holland Plain, Chuan Grove and River Valley Green (Parcel C) for sale today under the second half 2024 (2H2024) Government Land Sales (GLS) Programme.

2. The sites at Holland Link and Chuan Grove are launched for sale under the Confirmed List and can potentially yield 230 and 555 residential units respectively. These form part of the 5,050 residential units to be released via the Confirmed List of the 2H2024 GLS programme to cater to housing demand and maintain market stability. The sites at Holland Plain and River Valley Green (Parcel C) are available for application under the Reserve List and can potentially yield 280 and 470 residential units respectively.

3. The Government will continue to release a steady supply of private residential units in coming GLS programmes, with supply calibrated to account for prevailing economic and property market conditions.

4. Details on the four land parcels can be found in Annex 1.

Other Details 5. The tenders for the Chuan Grove and Holland Link sites will close at 12 noon on 8 July 2025 and 29 July 2025 respectively.

Site facts

Selling authority
URA
Allowable development
Residential
Tenure
99 years
Programme list
Confirmed List, launched for tender[ura-pr24-57/pr24-57a.pdf]
Site area
17,069 sqm[ura-pr24-57/pr24-57a.pdf]
Maximum GFA
23,897 sqm
  • Minimum 500 sqm childcare centre
[ura-pr24-57/pr24-57a.pdf]
Estimated housing units
230[ura-pr24-57/pr24-57a.pdf]
Housing units, capped
233 maximumA cap, not an estimated yield. The estimate above and this cap are both as the annex states them.[ura-pr24-57/pr24-57a.pdf]
Height control
6 storeys[ura-pr24-57/pr24-57a.pdf]
Facts as stated on
3 December 2024

The market when bids closed

When bids closed on 29 July 2025, URA's latest quarterly figures were for 2Q2025, published 25 July 2025, 4 days earlier. The next release, 3Q2025, came on 24 October 2025. The table carries on through four releases after it.

Private residential4Q2024Jan 20251Q2025Apr 2025On the day2Q2025Jul 20253Q2025Oct 20254Q2025Jan 20261Q2026Apr 20262Q2026Jul 2026TrendChange2Q2025 to 2Q2026
Prices
Private home price index209.4211.1213.2215.1216.4218.3219.4+2.9%
Non-landed, core central region154.8156.0160.7163.4157.7158.6161.5+0.5%
Private rental index157.9158.5159.8161.7160.9161.4162.5+1.7%
Sales
New homes sold by developers3,4203,3751,2123,2882,9402,0132,141+76.7%
Resales3,7023,5653,6473,8813,5293,2253,813+4.6%
Sub-sales311321269235230175194−27.9%
Units launched3,4253,1391,5204,1912,6321,8441,783+17.3%
Supply
Unsold, uncompleted, with planning approval19,40518,12518,49817,02914,85916,09514,929−19.3%
Pipeline with planning approval35,30535,36436,66336,81435,69038,13338,556+5.2%
Vacancy rate6.6%6.5%heldheld6.0%6.2%6.4%n/a
SourceSelect a figure to see where URA printed it.
Latest release on the dayBids closedheldHeld back

Each figure is the quarter's own value as URA printed it in that quarter's release, not as later revised. Select a figure to see the annex and page it comes from.

Held back: URA prints the number in more than one place and the table's labels do not settle which one it is, so the archive stores it but does not show it.

Sources

  1. Press releasePublished 3 December 2024

    URA releases four residential sites at Holland Link, Holland Plain, Chuan Grove and River Valley Green (Parcel C)

    Urban Redevelopment Authority · Retrieved 18 September 2026

    Source fact · Source-backed

    Open original source

    Technical details
    SHA-256
    546e39fae6660c1b50564168590b02ea2fc28db20c381e9a197afe9c8396ce4b
    Size
    435,992 bytes
    Format
    text/html
    Retrieved at
    2026-09-18 15:39:39 UTC
    Prevo reference
    ura-pr24-57
  2. AnnexPublished 3 December 2024

    Annex 1 to URA releases four residential sites at Holland Link, Holland Plain, Chuan Grove and River Valley Green (Parcel C)

    Urban Redevelopment Authority · Retrieved 18 September 2026

    Source fact · Source-backed

    Open original source

    Technical details
    SHA-256
    ec38e68375b273331b1da2c585d05ac2eca56b0605bba1f338872040af4c15ec
    Size
    75,350 bytes
    Format
    application/pdf
    Retrieved at
    2026-09-18 15:39:39 UTC
    Prevo reference
    ura-pr24-57/pr24-57a.pdf
  3. Press releasePublished 29 July 2025

    Tender closing for URA sale site at Holland Link

    Urban Redevelopment Authority · Retrieved 18 September 2026

    Source fact · Source-backed

    Open original source

    Technical details
    SHA-256
    7a7462a99f0812563f891b7181e15edc6233711fde33fad3f85f50555c20ec94
    Size
    427,777 bytes
    Format
    text/html
    Retrieved at
    2026-09-18 16:56:53 UTC
    Prevo reference
    ura-pr25-41
  4. AnnexPublished 29 July 2025

    Annex A to Tender closing for URA sale site at Holland Link

    Urban Redevelopment Authority · Retrieved 18 September 2026

    Source fact · Source-backed

    Open original source

    Technical details
    SHA-256
    b02c59aea5b021712515d17d79d5763d1a94f1392d50b2e8f56639df9dc9ae28
    Size
    95,628 bytes
    Format
    application/pdf
    Retrieved at
    2026-09-18 16:56:53 UTC
    Prevo reference
    ura-pr25-41/pr25-41a.pdf
  5. Press releasePublished 7 August 2025

    Tender award for URA sale site at Holland Link

    Urban Redevelopment Authority · Retrieved 18 September 2026

    Source fact · Source-backed

    Open original source

    Technical details
    SHA-256
    9f6d844a77aa731159a3f5cf8e3c1fd3bcb8f126770a6cc8e6f184e2cdce0c0e
    Size
    446,602 bytes
    Format
    text/html
    Retrieved at
    2026-09-18 16:56:53 UTC
    Prevo reference
    ura-pr25-43