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by OrangeTee & Tie Pte Ltd.

Hyll on Holland slashes price, moves more than 85 units in one weekend

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Singapore, 30 Jun 2021

SINGAPORE (EDGEPROP) - On the weekend of June 26-27, joint venture partners Far East Consortium International and Koh Brothers Group unleashed a “super promotion” for Hyll on Holland. Discounts ranged from $111,700 for a two-bedroom unit, to $429,000 for the large, three-bedroom-plus-study apartment. The discounts, which ranged from 7.5% to 13.2%, differed according to the unit type and facing, according to Christine Sun, senior vice president of research & analytics at OrangeTee & Tie.

For instance, the smallest unit, a two-bedder of 570 sq ft on the second floor, is priced from $1.33 million ($2,338 psf), after a $150,200 price deduction. Meanwhile, a three-bedroom-plus-study of 1,055 sq ft on the second floor starts from $2.416 mil- lion ($2,290 psf), after $217,900 was shaved from its previous price.

“The developer could be keen to move the project since more buyers are streaming back to the luxury market,” says OrangeTee & Tie’s Sun. “The promotion should be able to attract more people to the project.”







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