haioA prime-fringe residential site at Holland Plain has just been awarded to Sim Lian for $454,000,000, but the number that should catch your eye is that it drew only one bidder. For a 99-year site in the Holland area, that is a notably thin contest, and it sits within a land-supply pipeline worth seeing in full before reading anything into it.
GLS Supply (past decade)
A sole tenderer paid $454 million for the 99-year Holland Plain site
The Urban Redevelopment Authority launched the Holland Plain site for tender on 25 February 2026 and closed it on 7 May 2026. It went to the only bidder, Sim Lian Land Pte Ltd and Sim Lian Development Pte Ltd. Here are the concrete terms, straight from URA:
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