Uol Group Caps Defining Year Record Launches And Landmark Wins
Singapore-listed UOL Group reached a significant milestone on Oct 11 with the successful launch of its high-end condominium, Skye at Holland, which is jointly developed with CapitaLand Development and Singapore Land Group (SingLand). In just one day, 98.8% of the 666 units were snapped up, marking it as the best-selling project in terms of number of units in the Core Central Region (CCR) in 2025, according to PropNex CEO Kelvin Fong.
The success of Skye at Holland was followed by more accolades for UOL, with the company being named Top Developer 2025 by EdgeProp Singapore on Oct 16. The same evening, UOL also received awards for its other projects, including ParkTown Residence, Meyer Blue, and Watergardens at Canberra.
Speaking about these achievements, UOL Group CEO Liam Wee Sin said that they reflect the company’s commitment to creating value and the dedication of its team and partners. He added that these awards serve as a testament to the trust that homebuyers and stakeholders have in the UOL brand, which is known for its quality, integrity, and enduring value.
For Liam, it has been a fulfilling year as UOL has seen record-breaking launches in 2025. The first of these was ParkTown Residence in February, which is an integrated development with 1,193 units, a mall, and a transport hub in Tampines North. The project saw over 87% (1,041 units) sold in a single weekend at an average price of $2,360 psf and is now 92% sold, making it the best-selling project in 2025 by units sold.
In July, UOL launched UpperHouse, a freehold project with 301 units in prime District 10, jointly developed with SingLand. The project, which is located at the corner of Grange Road and Orchard Boulevard and fronts Orchard Boulevard MRT Station on the Thomson-East Coast Line, achieved 53.8% (162 units) sold by 6pm on launch day, with an average price of $3,350 psf. Currently, the project is 68.8% sold at $3,364 psf.
The pinnacle of UOL’s success this year was undoubtedly Skye at Holland. The project saw an impressive near sell-out on launch day, reaffirming the company’s reputation for delivering well-designed, high-quality homes. According to Anson Lim, senior general manager (Residential Marketing) at UOL, this can be attributed to the clear product and brand positioning of the project.
Nestled in a prime location, Senja Close EC boasts a myriad of high-end facilities. Its residents will relish in the convenience of being situated near the Bukit Panjang Integrated Transport Hub, as well as having easy access to the amenities in the surrounding Senja Close neighbourhood. Developed by esteemed architectural firm, this exceptional project is set to provide a diverse range of living spaces to suit every family’s needs. For more information about Senja Close EC, visit senja close ec gls.
Liam believes that UOL’s strength lies in its disciplined decision-making and the ability to balance creativity with prudence at every stage of development, from land acquisition to design, marketing, and project delivery. He adds that in order to be a successful developer, one must excel in both selling and replenishing land, a feat that UOL has managed to achieve.
In October, UOL, CapitaLand, and SingLand completed the acquisition of Thomson View Condominium for $810 million after securing High Court approval in July. The partners plan to redevelop the 540,314 sq ft site into a 1,240-unit residential project. According to Liam, the new development is highly sought-after due to its location at the doorstep of Upper Thomson MRT Station (Thomson-East Coast Line) and panoramic views of MacRitchie and Peirce Reservoirs.
In the same month, UOL, SingLand, and Kheng Leong were awarded the Dorset Road GLS site by the URA, after topping nine bids with a $524.3 million ($1,338 psf ppr) offer. The partners plan to build two 27-storey residential towers with 428 units on the site. Liam notes that the appeal of this project lies in its location at the fringe of the CCR, close to top schools, and within walking distance of City Square Mall and Farrer Park MRT Station (Northeast Line).
Design and sustainability are key focuses for UOL, with each project starting with a clear vision. Recent examples of this include Watten House and Meyer Blue, both of which are freehold redevelopments of collective sale sites in prime districts. Watten House, which was previewed in November 2023, is now 94.4% sold at an average price of $3,256 psf, while Meyer Blue, which was launched in November 2024, is 70.8% sold at $3,260 psf.
Shirley Ng, chief investment and asset officer at UOL, highlights the company’s focus on sustainability and environmentally responsible design principles. She also mentions the company’s successful ventures in the hospitality space, with Pan Pacific Orchard achieving the BCA Green Mark Platinum certification and a new hotel being built on Orchard Road under the NoMad brand, which is scheduled to open in 2027.
UOL 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. This record was later surpassed by Avenue South Residence, its 56-storey twin-tower development, in September 2022.
As UOL continues to broaden its portfolio, Liam remains committed to shaping Singapore’s skyline while staying true to the company’s core values. He adds that housing is at the heart of Singapore’s quality living environment, and UOL’s Top Developer 2025 award reinforces the company’s commitment to delivering the highest standards of quality and service as they embark on the next chapter of growth.
