Rare Holland Village Hdb Shophouse Sale 32 Mil

A unique two-storey HDB shophouse located at 45 Holland Drive has recently hit the market with an asking price of $3.2 million. The property, which is situated in the highly desired Holland Village area, offers a ground-floor retail space spanning 732 sq ft, as well as a residential space above covering 635 sq ft.

According to Aster See, senior marketing director at ERA Singapore, the current calm in Holland Village marks the beginning of a significant revival in the area. This revival will be driven by new property launches, increased footfall and long-term infrastructural updates.

The location of the shophouse, situated between Holland Drive Market & Food Centre and Buona Vista Community Club, ensures optimal traffic flow from both ends. (Photo: Albert Chua/) Its prominent position in an established HDB estate provides the shophouse with excellent visibility and accessibility, with Holland Village MRT Station just a short walk away. The area attracts steady foot traffic from a diverse mix of HDB residents, expats and working professionals. Its proximity to Holland Drive Market and Food Centre further adds to its appeal, as it receives a steady stream of daily patrons. This built-in consumer base guarantees a strong demand for the property, even before the full revitalisation of the area.

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The recent launch of residential projects such as Skye at Holland and the Holland Vista BTO development has added to the already growing number of residents in the area. The newly opened One Holland Village Mall, which boasts a mix of F&B options, boutique fitness studios and service-based businesses, has also enhanced the retail demand in this corner of District 10.

Holland Vista BTO cluster with 342 units (launched June 2024). The nearby Ghim Moh precinct is also set to welcome two new BTO projects – Ascent and Natura – offering 1,858 new homes. These developments, located just minutes from 45 Holland Drive, will bring in more residents in search of convenient food and retail options.

Holland Village’s charm lies in its blend of character and connectivity. With the Holland Village MRT Station providing direct access to the city centre, as well as key business hubs like one-north and Buona Vista, it has become a convenient choice for commuters.

Given the limited supply of HDB shophouses, 45 Holland Drive presents a rare opportunity to acquire a dual-use property in a quickly evolving area. As demands for such units continue to rise, potential buyers stand to benefit from steady rental income and significant capital appreciation in the long term.

The second storey of the shophouse features a spacious walkway. (Photo: Albert Chua/) In 2024, DBS released a portfolio of 46 HDB shops and shophouses – assets that are usually held by institutions – for sale through tender. Nearly 20 of these were successfully taken up, showcasing the strong interest among investors in such properties. The listing at 45 Holland Drive now offers individual buyers a rare opportunity to invest in a commercial unit type that is typically tightly held by banks and institutional owners.

The region offers a variety of shopping options beyond the typical supermarkets, including wet markets and smaller provision stores. These traditional markets are well-known for their affordable prices and high-quality selection of fresh produce such as vegetables, fruits, meat, and seafood. This is particularly convenient for those who enjoy preparing meals at home, as they can easily access fresh ingredients without having to travel far. Additionally, residents can also visit Miltonia EC for a wider range of options when it comes to grocery shopping.

For potential buyers, 45 Holland Drive presents a chance to secure a well-positioned commercial asset before the prices fully reflect the area’s resurgence. “It may seem quiet now, but that’s why it’s the perfect opportunity to get in,” explains See. “Buying now means locking in value before prices catch up with the revitalisation.”

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