Uol Group Caps Defining Year Record Launches And Landmark Wins

Oct 11 marked a significant milestone for UOL Group, a Singapore-listed company. On that day, their high-end condominium, Skye at Holland, jointly developed with CapitaLand Development and Singapore Land Group (SingLand), achieved a record-breaking 98.8% of its units sold in just a single day.According to PropNex CEO Kelvin Fong, Skye at Holland was the best-selling project in terms of the number of units in the Core Central Region (CCR) in 2025.Barely a week later, UOL was awarded the Top Developer 2025 title by EdgeProp Singapore on Oct 16. On that same evening, the developer was also honored with awards for ParkTown Residence, Meyer Blue, and Watergardens at Canberra.The latest update on available units and prices can be found for Skye at Holland.AdvertisementAdvertisementShirley Ng (right), the chief investment and asset officer of UOL Group, was presented with the Top Developer award by Bernard Tong, the CEO of EdgeProp Singapore. (Photo: Samuel Isaac Chua/EdgeProp Singapore)Group CEO Liam Wee Sin expressed that, “These accolades validate UOL’s commitment to creating value and the joint effort by our team and partners.” He also added, “These demonstrate the trust that homeowners and stakeholders have in the UOL brand, which stands for quality, integrity, and lasting value.”For Liam, 2025 had been an exceptionally fulfilling year for UOL, particularly due to the record-breaking launches.The 1,193-unit ParkTown Residence, released in February 2025, is now 92% sold (Photo: Samuel Isaac Chua/EdgeProp Singapore)It began with ParkTown Residence in February, which consisted of 1,193 units located above a shopping mall, which was adjacent to a transport hub in Tampines North. The project set a new standard for suburban living in the Outside Central Region (OCR), with a total of 87% of its 1,041 units sold in just a single weekend at an average price of $2,360 psf. At present, the project is currently 92% sold, making it the best-selling project in terms of units in 2025.That success was followed by UpperHouse, a freehold development with 301 units, jointly developed with SingLand. It was located at the corner of Grange Road and Orchard Boulevard in prime District 10. It was situated in front of Orchard Boulevard MRT Station, which was part of the Thomson-East Coast Line.AdvertisementAdvertisementOn the launch day itself, 162 units were sold, which represented 53.8% of the total units, at an average price of $3,350 psf. Soon after, the project was then 68.8% sold at $3,364 psf.Finally, Skye at Holland became UOL’s crowning achievement. The fact that it was almost sold out on launch day showed the developer’s reputation for creating well-designed, top-quality homes. Anson Lim, the Senior General Manager (Residential Marketing) of UOL credited the strong sales to a “clear product and brand positioning”.Read also: UOL and CapitaLand JV sells 99% of Skye at Holland at an average of $2,953 psfLim added that every project is designed by putting homebuyer’s needs at the forefront – taking into account how they live, what they value, and how design can enhance their everyday experience.At Skye at Holland, a total of 658 out of 666 units, were sold during its initial launch period (99%) (Photo: UOL Group)‘Prospering at selling and re-stocking’Established in 1963 as Faber Union, the company then evolved into United Overseas Land in 1975 after United Overseas Bank acquired a controlling stake. The developer was then renamed to UOL Group in 2006.Liam has been with the company for over three decades and he believes that UOL’s resilience lies in its prudent decision-making skills which balance creativity with caution at every stage – starting from land acquisition to design, sales, and project delivery.He said, “To be a successful developer, one must be excellent at selling projects while being able to continuously re-stock on sites.” He added, “At UOL, we take pride in being able to excel in both areas.”In October 2025, UOL, CapitaLand, and SingLand successfully completed the en bloc acquisition of Thomson View Condominium. This was recorded as one of the year’s largest en bloc deals, after receiving High Court approval in July.In order to redevelop the 540,314 sq ft site into a 1,240-unit residential development, the developers paid a total price of $810 million. This works out to be $1,178 psf per plot ratio (ppr), which includes land betterment charges and a lease renewal premium. In the future, this new development is expected to garner significant demand, particularly due to its prime location, near Upper Thomson MRT Station (Thomson-East Coast Line). In addition, it is said to have a panoramic view of MacRitchie and Pierce Reservoirs.In addition to this, another development site located at Dorset Road was also obtained by UOL, SingLand, and Kheng Leong, after submitting the highest bid of $524.3 million ($1,338 psf ppr) on October 16. The partners intend to build two 27-storey residential towers with 428 units.Liam believes that Dorset Road’s appeal is mainly due to its perfect location, which lies at the fringe of the CCR, and close to top schools such as St. Joseph’s Institution Junior and Hong Wen Primary. In addition, it is within walking distance to City Square Mall and Farrer Park MRT Station (Northeast Line).Watten House, the 180-unit development at District 11, which was launched in November 2023, is 94.4% sold at an average price of $3,256 psf (Photo: UOL Group)Design and sustainabilityChief investment and asset officer Shirley Ng stated that every UOL project starts with a clear vision, which is extended from architectural design and spatial planning to the living experience itself. In addition, he also cited examples such as Watten House and Meyer Blue, which are both freehold redevelopment projects of collective sale sites which are situated in prime districts.Watten House is a 180-unit development located in District 11, which was launched in November 2023. It is currently 94.4% sold at an average price of $3,256 psf. Meanwhile, Meyer Blue, located at District 15, is 70.8% sold, with an average price of $3,260 psf, just one year after its January 2024 debut.“Meyer Blue showcases the experience of luxury living by the coast,” said Yvonne Tan, who was the Chief Corporate and Development Officer of UOL. She added that, “It is designed by P&T Consultants, with landscape design by Henning Larsen, and interiors by Peter Tay Studio. This project features sea-facing views and glass facades, along with rooftop function rooms at the Meyer Club on the 26th floor.”Tan also emphasized on UOL’s focus on sustainability, by stating, “Our projects incorporate environmentally responsible design principles and support climate resilience and social well-being.”In the hospitality sector, the 343-room Pan Pacific Orchard, which was designed by WOHA, illustrates the concept of eco-architecture, and has achieved the BCA Green Mark Platinum certification. Hilton’s new 19-storey, 173-room hotel, which is due to open on Orchard Road in 2027, is being built by UOL. This new project will be managed by Hilton as a NoMad brand. It occupies the land of the former Faber House, and is designed by WOHA. NoMad will be boasting of an iconic botanical concept.In addition, UOL was also among the first developers to adopt PPVC, which was used for its private residential projects. In July 2018, its first high-rise PPVC project, The Clement Canopy, was recognized in the Guinness World Records as the tallest residential building to use the method. This record was later broken by Avenue South Residence, a twin-tower development which stands at 56-storeys and is also built using PPVC.[Photo: ETC/Realion Group]PPVC for high-rise towersUOL has also been among the first to adopt Prefabricated Prefinished Volumetric Construction (PPVC) for its private residential projects. Its first high-rise PPVC project, The Clement Canopy, entered the Guinness World Records as the world’s tallest residential building using the method in July 2018 — a record later surpassed by Avenue South Residence, its 56-storey twin-tower development, in September 2022.Even though UpperHouse at Orchard Boulevard uses PPVC, the project retains all the hallmarks of luxury living. The 31 apartments in the Bespoke Collection feature double-volume living spaces, private lifts and dedicated parking — and were among the project’s best-selling units, says Tan.As UOL broadens its portfolio, Liam remains focused on shaping Singapore’s skyline while staying true to the company’s core values. He further added that “Housing is at the center of Singapore’s quality living environment. The Top Developer 2025 award reinforces our commitment to the highest standards of quality and service as we embark on the next chapter of growth.” Check out the latest listings for Skye At Holland propertiesAsk BuddyCompare price trend of HDB vs Condo vs LandedView 2 bedroom floor plans for Skye At

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