Buying Under $2M? Skye at Holland and Penrith Condos Worth Considering

For property seekers in Singapore looking to invest smartly under $2 million, two newly launched condos are drawing serious attention — Skye at Holland and Penrith. Both projects are located in prime residential areas and promise strong potential for capital appreciation, rental demand, and family-friendly living. But which is better suited for your investment goals in 2025?

Let’s break down what makes each of these developments stand out, and why they’re topping the list for buyers looking under the $2M mark.

Skye at Holland – Freehold Elegance in District 10

Located along Holland Road in the prestigious District 10, Skye at Holland is a rare freehold development that blends timeless design with modern luxury. With its boutique layout of just 66 units, this low-density condo offers exclusivity, peace, and an upscale environment perfect for homeowners who value privacy and centrality.

Key Highlights:

• Freehold tenure: A major draw, especially when many new condos in the area are leasehold. Owning a freehold property in a prime area like Holland is considered a long-term asset that can be passed down across generations.

• Excellent location: Just a 5-minute walk from Holland Village MRT (Circle Line), and minutes away from the Orchard shopping belt and One-North business hub. This offers residents unmatched accessibility to work, play, and education zones.

• Modern layouts under $2M: The 1- to 2-bedroom units are attractively priced, making it feasible for singles, couples, or small families to enter the high-end market without stretching the budget. Units are thoughtfully designed for functionality, and many feature private lift access.

• Smart living features: Each unit comes with smart home technology, quality finishes, and elegant interiors. Despite its compact size, Skye at Holland offers rooftop facilities like a swimming pool, garden deck, and panoramic views of the city skyline.

• Ideal for professionals and investors: With its location near NUS, One-North, and the CBD, the project is ideal for working professionals and investors aiming to attract quality tenants.

Penrith – Value and Growth Potential in District 15

Over in District 15 on Tanjong Katong Road, Penrith offers a different but equally attractive proposition. This freehold development sits in the coveted East Coast enclave, popular with both locals and expats for its lifestyle appeal, proximity to top schools, and rich heritage vibe.

Key Highlights:

• Freehold status in East Coast: Just like Skye at Holland, Penrith also offers freehold ownership — a rare find in this sought-after area.

• Family-friendly living: With a range of 1- to 4-bedroom units, Penrith is tailored not only for individuals but for growing families. Schools like Tanjong Katong Primary, Haig Girls’, and international schools are all nearby.

• Connectivity & convenience: Within walking distance to the upcoming Tanjong Katong MRT (Thomson-East Coast Line), the location ensures smoother access to the city, Changi Airport, and Marina Bay. It’s also close to Parkway Parade and East Coast Park for lifestyle and leisure.

• Competitive pricing: Many 2-bedroom units are expected to be priced under $2 million, making Penrith a prime candidate for long-term owners and investors. The East Coast continues to grow in popularity, especially with new MRT lines boosting its appeal.

• Balanced facilities: With landscaped gardens, pools, gyms, and spaces for socializing, Penrith offers everything a family needs — within a quieter, less dense environment.

Comparing Skye at Holland vs Penrith Under $2M

Final Thoughts: Which Should You Choose?

If you’re focused on centrality, exclusivity, and long-term investment value, Skye at Holland is a standout. Its freehold status in Holland Village is hard to beat for under $2M. It’s ideal for professionals working in the city or investors eyeing high rental yield from a well-heeled tenant pool.

On the other hand, if you’re looking for family space, lifestyle perks, and strong growth potential, Penrith offers a compelling alternative. The upcoming MRT, proximity to good schools, and East Coast lifestyle make it a great place to live and hold for the long term.

Ultimately, both projects tick many boxes for 2025 buyers. It all comes down to your personal goals — whether you want city convenience or laid-back coastal charm. Either way, you’re investing in freehold quality in two of Singapore’s most prized districts.