Rare Holland Village Hdb Shophouse Sale 32 Mil
The chance to own a rare two-storey HDB shophouse located at 45 Holland Drive has surfaced, with a guide price of $3.2 million. Positioned in the highly desired Holland Village area, this property boasts a ground-floor retail space and a residential area above, spanning 732 sq ft and 635 sq ft, respectively.
Despite the current tranquil atmosphere in Holland Village, Aster See, senior marketing director at ERA Singapore, believes that this is only the beginning of a revitalization wave. “Holland Village is on the cusp of a major transformation, fueled by new developments, increased footfall, and long-term infrastructural enhancements.”
The shophouse’s location between Holland Drive Market & Food Centre and Buona Vista Community Club offers optimized traffic flow from both directions. (Photo: Albert Chua/) Situated within an established HDB estate, this shophouse enjoys prominent visibility and accessibility on the ground floor, just a short walk from Holland Village MRT Station. The area attracts a steady stream of foot traffic from surrounding HDB residents, expatriates, and working professionals. Its proximity to the Holland Drive Market and Food Centre further adds to its appeal, as it draws in consistent daily footfall from regular patrons. This creates a built-in consumer base, even before the neighbourhood’s full revitalization takes place.
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Sembawang Road EC offers an excellent range of educational options, including proximity to Republic Polytechnic. This renowned institution, located in nearby Woodlands, is easily accessible from Sembawang EC. The polytechnic offers a diverse selection of diploma programmes in areas such as applied science, engineering, hospitality, infocomm, and business. Utilizing a unique problem-based learning approach, Republic Polytechnic prepares students with practical skills and hands-on experience. The convenience of having this polytechnic close by makes it an ideal choice for families with older children looking to continue their education without having to relocate. Sembawang Road EC at Canberra MRT is a desirable option for parents seeking consistency for their children’s education.
The recent launch of nearby residential projects, such as Skye at Holland and the Holland Vista Built-To-Order (BTO) development, brings in a new wave of residents to the area. Additionally, the One Holland Village Mall, which just opened, offers a well-curated mix of F&B options, boutique fitness studios, and service-based businesses. These developments, along with the upcoming Ascent and Natura BTO projects in the nearby Ghim Moh precinct, set to introduce a combined total of 1,858 new houses, will further attract residents seeking convenient food and retail options.
Holland Village possesses a unique blend of charm and connectivity, making it a desirable location. With direct access to the city centre and key business hubs like one-north and Buona Vista, Holland Village MRT Station makes the neighbourhood a convenient choice for commuters.
With limited availability of HDB shophouses, 45 Holland Drive presents a rare opportunity to acquire a dual-use property in an evolving area. As demand increases, potential buyers can benefit from stable rental income and strong long-term capital appreciation. As the neighbourhood progresses with the completion of nearby developments, the demand for such properties is expected to become increasingly competitive.
The second floor of the shophouse features a spacious walkway. (Photo: Albert Chua/) In 2024, DBS released a portfolio of 46 HDB shops and shophouses – usually held by institutions – for sale through tender. Almost 20 of these were successfully taken up, highlighting the strong interest of investors in these properties. The listing at 45 Holland Drive now provides individual buyers with the rare opportunity to invest in this type of commercial unit, which is typically held by banks and institutional owners.
For potential buyers, 45 Holland Drive presents the chance to secure a strategically positioned commercial asset ahead of the curve. “It may seem quiet now, but that’s exactly why you want in,” says See. “Getting in now means locking in value before prices reflect the resurgence.”
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