In the heart of Singapore’s highly sought-after District 10, a rare opportunity emerges for investors and business owners looking for a premium retail property at 211 Holland Avenue, Holland Road Shopping Centre. This freehold retail unit offers a compelling blend of strategic location, long-term tenancy stability, and strong capital appreciation potential, making it one of the most attractive commercial property investments in Holland Village. With a price of $1,200,000 and a compact yet efficient size of 231 sqft, this unit delivers an impressive valuation of $5,195 psf, aligning with the premium retail market in Singapore.
Located within the vibrant Holland Road Shopping Centre, this retail unit benefits from high foot traffic, excellent connectivity, and a well-established commercial ecosystem. The property sits in a prime position surrounded by popular dining spots, lifestyle outlets, and boutique businesses, ensuring consistent customer flow throughout the day. For investors searching for a retail property near MRT in Singapore, this unit is perfectly positioned near Holland Village MRT (CC21), Buona Vista MRT (CC22 EW21), and Commonwealth MRT (EW20), providing seamless accessibility for both customers and business owners.
One of the most appealing aspects of this retail unit is its freehold tenure, which is increasingly rare in Singapore’s commercial property landscape. Freehold commercial properties in District 10 are highly coveted due to their long-term value retention and potential for capital growth. Unlike leasehold properties, a freehold retail investment at Holland Road Shopping Centre offers indefinite ownership, making it an excellent asset for wealth preservation and legacy planning.
This 231 sqft retail space is currently tenanted for a long time, making it an ideal option for investors seeking immediate rental income. A long-term tenant provides stability and reduces vacancy risk, which is a crucial factor when evaluating commercial real estate investment in Singapore. Additionally, the unit can be sold with vacant possession, offering flexibility for buyers who may want to establish their own business or reposition the space for a new concept.
Positioned on the third floor of Holland Road Shopping Centre, this retail unit benefits from a steady flow of visitors who frequent the mall for its diverse retail offerings and unique charm. The third-floor positioning often attracts niche businesses such as boutique retail stores, specialty services, and lifestyle brands that thrive in a more curated shopping environment. This makes the unit suitable for a wide range of business concepts, from beauty services to specialty retail.
Another significant advantage of this commercial property is that there is no Additional Buyer’s Stamp Duty (ABSD) applicable. For both local and foreign investors, this presents a substantial cost-saving opportunity, making the acquisition of this retail unit more financially attractive compared to residential property investments in Singapore. The absence of ABSD enhances the overall return on investment and lowers the barrier to entry for commercial property buyers.
The Holland Village area is widely recognized as one of Singapore’s most vibrant and culturally rich neighborhoods. Investing in a retail property in Holland Village means tapping into a well-established community that attracts both locals and expatriates. The area is known for its eclectic mix of cafes, restaurants, bars, and retail outlets, creating a dynamic environment that supports business growth and customer engagement.
Accessibility is a key factor in the success of any retail business, and this property excels in this aspect. With multiple MRT stations nearby, including Holland Village MRT, Buona Vista MRT, and Commonwealth MRT, the location ensures convenient access from various parts of Singapore. This connectivity significantly enhances the attractiveness of the retail unit, making it easier for customers to visit and for businesses to thrive.
The Holland Road Shopping Centre itself has long been a landmark in the area, offering a blend of traditional charm and modern retail experiences. Its reputation as a destination for unique finds and niche businesses contributes to its consistent foot traffic and loyal customer base. Owning a retail unit within this established shopping centre provides immediate brand visibility and credibility.
From an investment perspective, the price of $1,200,000 for a 231 sqft unit translates to $5,195 psf, which is competitive within the District 10 commercial property market. Given the prime location, freehold tenure, and strong rental demand, this price point presents a compelling value proposition for investors looking to secure a high-quality retail asset in Singapore.
The unit’s current tenancy status adds another layer of attractiveness, especially for investors seeking passive income. A long-term tenant indicates a stable business operation and consistent rental yield, which are essential factors in commercial property investment. At the same time, the option for vacant possession provides flexibility for future plans, whether for owner-occupation or repositioning.
It is important to note that this retail unit does not have a water point, which may influence the type of business suitable for the space. However, this limitation can also be seen as an opportunity for businesses that do not require water facilities, such as retail boutiques, service providers, or specialty shops. This allows for a focused tenant profile and potentially lower maintenance requirements.
The surrounding neighborhood of Tanglin, Holland, and Bukit Timah is known for its affluent residential base and high purchasing power. This demographic profile is highly beneficial for retail businesses, as it translates into strong consumer spending and demand for quality products and services. Investing in a retail property in this area positions the owner to benefit from this economic advantage.
The postal code 278967 places this property firmly within a prestigious district, further enhancing its appeal to investors and business owners. Properties in District 10 are often associated with exclusivity and high value, making them desirable assets in any real estate portfolio. This retail unit at 211 Holland Avenue is no exception.
The seller, Kong Yue Meng from Write Realty Pte Ltd, is a verified agent with a strong track record and positive reviews. With a rating of 4.9 based on 18 reviews and six years of experience on Carousell, the seller’s credibility adds confidence to the transaction. The agent holds a valid CEA registration number (R001228B) and operates under a licensed real estate agency (L3008403A), ensuring a professional and reliable buying process.
For investors exploring commercial property in Singapore, this listing stands out due to its combination of location, tenure, and income potential. The Holland Road Shopping Centre retail unit offers a unique opportunity to own a piece of prime real estate in one of Singapore’s most vibrant neighborhoods.
In conclusion, the retail unit at 211 Holland Avenue represents a rare and valuable opportunity in Singapore’s commercial property market. With its freehold status, prime District 10 location, proximity to MRT stations, and strong tenant profile, this property is well-positioned to deliver both immediate returns and long-term capital appreciation. Whether you are an investor seeking stable rental income or a business owner looking for a strategic location, this retail unit at Holland Road Shopping Centre is an option worth serious consideration.