Koh Brothers unit won the bid for Toho Mansion in Holland Village
Van Holland, formally known as Toho Mansions measuring 4,427.8 sqm is acquired by KBD Ventures, a subsidiary of Koh Brothers which is a construction and property developer. The site was bought en bloc for 120.43 million, which translates to about S$1,805 psf ppr. Upon redevelopment, the site can potentially hold a gross floor area of 6,818.7 sqm including a 10% bonus balcony area. The site enjoys a high development baseline with no development charges for redevelopment since it is zoned for residential use under URA’s 2014 Master Plan.
Toho Mansions comprises of 2 4-storey residential blocks with a total of 32 apartment units. The site is elevated and is located very near Holland Village Shopping Centre, where there is a whole stretch of eateries and bars, giving the area a vibrant nightlife.
Holland Village MRT station is located amidst the stretch of eateries and bars as well. Holland Village serves the Circle Line. Near the MRT, there is a FairPrice where residents can do their grocery shopping. Due to the close proximity from Van Holland, they are able to purchase more or in bulk. In addition, there is a bus stop right in front of Toho Mansions, which brings great convenience to residents and visitors in the area, since there are so many modes of transport to choose from.
Located among the stretch as well, there are a couple of bank branches as well as many shopping amenities that residents can utilise for their leisure. A little further away, at the end of the stretch, there is a hawker centre that residents can dine at if they prefer a cheaper meal with much more variety.
This makes the site that Toho Mansions sit on even more desirable since there is no lack of amenities for the ever-changing needs of the residents. Apart from that, the site is a freehold site located in a mature estate, which means that residents own the apartment unit can have the apartment unit to themselves for all their lives, and even for generations to come. As more amenities are added and refurbished, the demand for residential units in the area would definitely increase
Van Holland, formally known as Toho Mansions measuring 4,427.8 sqm is acquired by KBD Ventures, a subsidiary of Koh Brothers which is a construction and property developer. The site was bought en bloc for 120.43 million, which translates to about S$1,805 psf ppr. Upon redevelopment, the site can potentially hold a gross floor area of 6,818.7 sqm including a 10% bonus balcony area. The site enjoys a high development baseline with no development charges for redevelopment since it is zoned for residential use under URA’s 2014 Master Plan.
Toho Mansions comprises of 2 4-storey residential blocks with a total of 32 apartment units. The site is elevated and is located very near Holland Village Shopping Centre, where there is a whole stretch of eateries and bars, giving the area a vibrant nightlife.
Holland Village MRT station is located amidst the stretch of eateries and bars as well. Holland Village serves the Circle Line. Near the MRT, there is a FairPrice where residents can do their grocery shopping. Due to the close proximity from Van Holland, they are able to purchase more or in bulk. In addition, there is a bus stop right in front of Toho Mansions, which brings great convenience to residents and visitors in the area, since there are so many modes of transport to choose from.
Located among the stretch as well, there are a couple of bank branches as well as many shopping amenities that residents can utilise for their leisure. A little further away, at the end of the stretch, there is a hawker centre that residents can dine at if they prefer a cheaper meal with much more variety.
This makes the site that Toho Mansions sit on even more desirable since there is no lack of amenities for the ever-changing needs of the residents. Apart from that, the site is a freehold site located in a mature estate, which means that residents own the apartment unit can have the apartment unit to themselves for all their lives, and even for generations to come. As more amenities are added and refurbished, the demand for residential units in the area would definitely increase
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