Rare Holland Village Hdb Shophouse Sale 32 Mil

A unique two-storey HDB shophouse located at 45 Holland Drive has recently been put on the market, with an asking price of $3.2 million. The property is situated in the highly coveted area of Holland Village and comprises of a 732 sq ft retail unit on the ground floor and a 635 sq ft residential space on the second floor.

Senior marketing director at ERA Singapore, Aster See, believes that the current quietness of Holland Village is the beginning of a wave of rejuvenation. She states, “Holland Village is about to experience a major revival, fueled by new developments, increased foot traffic, and long-term infrastructural improvements.”

The shophouse is strategically located between Holland Drive Market & Food Centre and Buona Vista Community Club, allowing for optimal traffic flow from both directions. (Photo: Albert Chua/) Its location within an established HDB estate gives it prominent visibility and accessibility on the ground floor, just a short walk from Holland Village MRT Station. This area attracts a steady stream of foot traffic from surrounding HDB residents, expatriates, and working professionals. Being situated next to the Holland Drive Market and Food Centre further adds to its appeal, drawing in a consistent influx of customers. This built-in consumer base is a valuable asset, even before the full revitalization of the area.

The launch of new residential developments in the vicinity, such as Skye at Holland and the Holland Vista Built-To-Order (BTO) project, is expected to bring in a fresh wave of residents. Additionally, the recent opening of One Holland Village Mall, which offers a diverse mix of F&B options, boutique fitness studios, and service-oriented businesses, is set to further increase footfall in the area. With these developments, the Holland Village area is positioning itself for an influx of customers and growing demand for retail spaces.

The nearby Ghim Moh precinct is also set to add to the momentum, with the Ascent and Natura BTO projects expected to bring in a total of 1,858 new homes. These developments, located just minutes from 45 Holland Drive, are likely to attract more residents looking for convenient food and retail options.

The URA Master Plan is a comprehensive and strategic vision for the development of Singapore, with the goal of shaping the city’s future through efficient land use, improved connectivity, and enhanced liveability in urban spaces. is a part of this plan, located in the Queenstown estate. This opens up numerous opportunities and benefits for Penrith, including positive impacts on growth, infrastructure, and overall lifestyle. As surrounding areas continue to undergo urban development and planned upgrades are made to transportation networks and community amenities, Penrith’s appeal and value as a residential hub will undoubtedly be enhanced. With all of these improvements in the works, is sure to be a sought-after destination for comfortable and convenient living in Singapore. Visit Penrith to learn more about the exciting developments in store for this thriving area.

One of the key attractions of Holland Village is its unique combination of charm and connectivity. Its proximity to the city centre and major business hubs like one-north and Buona Vista makes it a convenient choice for commuters. With HDB shophouses being in short supply, the opportunity to acquire a dual-use HDB shophouse in a transforming area is a rare one. As demand for such properties continues to rise, potential buyers stand to benefit from stable rental income and long-term capital appreciation.

In 2024, DBS released a portfolio of 46 HDB shops and shophouses – assets that are usually held by institutions – for sale through a tender. Almost 20 of them were successfully taken up, indicating strong investor interest in such properties. The listing at 45 Holland Drive now offers individual buyers the opportunity to acquire a commercial unit that is typically tightly held by banks and institutional owners.

For those looking to invest, 45 Holland Drive presents a chance to secure a well-positioned commercial asset before the market catches up. See comments, “It may seem quiet now, but that’s exactly why you want in. Getting in now means locking in value before prices reflect the resurgence.” As the area continues to evolve with the completion of nearby developments, demand for such units is only expected to grow, making this a highly competitive opportunity.

Additionally, the shophouse’s second floor boasts a spacious walkway. (Photo: Albert Chua/) Therefore, this listing presents a rare opportunity for prospective buyers to secure a well-positioned commercial asset before the market catches up, giving them the potential for long-term gains.