Holland Park Good Class Bungalow GCB Review, District 10, Singapore

Holland Park is bounded by Holland Road and the GCB areas of Ridout Road and Pierce Road. It takes its name from Hugh Holland, an architect, amateur actor and early resident of the area.

This GCBA is closely tied with the billionaire Lien family, who derived their wealth from Overseas Union Bank, and continues to hold a 5% stake in UOB following their $10Bn merger in 2001. The sale included their hospitality assets held through OUE, including the landmark Mandarin Orchard Hotel built in 1971, the tallest hotel in SEA then. OUE was sold to Lippo’s Riady family in 2006. Today, the Lien family operate their private investments through their family office, Wah Hin & Co and are actively involved in philanthropy through the Lien Foundation, which was started in 1980 with half of Lien Ying Chow’s net worth. Talk about being ahead of his time!

At the mouth of Holland Park is the Lien Towers, a 12-storey building with just 24 identical units at 5,048 sqft each. The last transaction was in Jun 2021, at $8.4m ($1,657 psf) and still off its historical high of $1,882 psf in 2012.

Following Lien Ying Chow’s passing, their sprawling 100,000 sqft GCB was redeveloped into 6 GCBs (Lien Villas Collective) with 1 retaining the original grandeur of the home, with each being designed by different architects – K2LD’s Screen House, Ministry of Design’s Zig Zag House, Edmund Ng’s Raw House, Terre, PODesign’s 8 Box House & Zarch Collaboratives.

Eminent residents here are said to include the billionaire Song family of China’s Nanshan Group, former Rajah & Tann Senior Partner Chen Choong Joong and former Venture Ccorp Chief Technology Officer Thian Nie Khian.

Past transactions:
May’21 – $24.5m ($1699psf) – 14,416 sqft
Dec’16 – $25.5m ($1691psf) – 15,080 sqft
Nov’14 – $30m ($1991psf) – 15,071 sqft

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