48 semi-detached houses at Eleven @ Holland with average price of S$3.74 million, sold out within 3 days
Following the liquidation of Clydesbuilt (Holland Link), 48 semi-detached houses in Holland Link, Singapore were listed for sale and swiftly bought within three days. The units were priced below the average resale price for similar properties in District 10, drawing significant interest, with some buyers purchasing up to ten houses despite a 30% Additional Buyer’s Stamp Duty (ABSD). Clydesbuilt (Holland Link), along with property developer Victor Ow, were previously ordered by the High Court to pay S$87 million in profits from developing the project to Innovative Corp.