Holland Village shophouse for sale at $13.5 mil

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/ EdgeProp Singapore
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January 5, 2021 7:03 PM SGT
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SINGAPORE (EDGEPROP) - A freehold, two-storey shophouse at Lorong Mambong, within the Holland Village neighbourhood, is on the market for $13.5 million, according to Knight Frank Singapore, which is marketing the property.
Lorong Mambong shophouse - EDGEPROP SINGAPORE
The Lorong Mambong shophouse comprises two strata units with a total floor area of 1,841 sq ft, in addition to an outdoor refreshment area of 420 sq ft (Credit: Knight Frank)
The shophouse comprises two strata units with a total floor area of 1,841 sq ft, in addition to an outdoor refreshment area of 420 sq ft. Under URA’s Master Plan 2019, it is zoned for commercial use.
Currently, the ground floor is being used as a cafe, while the upper floor is tenanted to a beauty salon.
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Other buildings in the vicinity include Holland Village Market & Food Centre, the refurbished Holland Piazza Shopping Mall, Holland Road Shopping Centre and the upcoming mixed-use development, One Holland Village. The property is also within walking distance to Holland Village MRT Station.
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Foreigners are able to purchase the property with no additional buyer’s stamp duty and seller’s stamp duty payable. The expression of interest exercise will end on Feb 4 at 3pm.
For price trends, recent transactions, other project info, check out these projects' research page: Holland Village, Lorong Mambong, One Holland Village
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