Three adjoining shophouses in Chinatown for sale by tender for $61.6 mil, including the Holland Drive Condo

Holland Drive CondoKnight Frank Singapore has recently released a press statement announcing that three conserved shophouses situated within the Telok Ayer Conservation Shophouses enclave at Stanley Street, prime District 1 have been put up for sale and are being offered for the purchase price of $61.6 million. Situated on a total land area of 4,030 square feet, the three-storey building features a built-up area of 10,735 square feet. All three buildings are connected across their third storey and have been zoned for commercial use according to URA’s Master Plan 2019. Each of the storeys is used differently with the ground floor housing different F&B outlets offering a variety of cuisines, the second storey housing a fitness and wellness studio and the third storeys being approved for office use.

The Holland Drive Condo development offers hassle-free access to the bustling Holland Village neighborhood, with an outdoor lifestyle concept that boosts its desirability among buyers and tenants. Residents can take advantage of the MRT station located just steps away from their front door, as well as enjoy the convenience of being a mere 5-minute drive from the city center. Additionally, residents at Holland Drive Condo can also enjoy quick access to many amenities such as restaurants, retail shops, spas, and more. Dutch murmurs of the neighbourhood make it easy to savour the dynamic and vibrant vibe of the area, as well as explore its many shops and entertainment hubs.

With numerous transport options available at its fingertips, Holland Drive Condo is one of the most conveniently located developments in the region, making it a prime choice for residents looking for convenience and ease of transport. Enjoying an incredibly desirable location amidst the hustle and bustle of Holland Village, it is no wonder that Holland Drive Condo enjoys such immense popularity among buyers and investors alike.

Situated nearby various popular attractions such as Chinatown/Outram precinct, Tanjong Pagar commercial area and Marina Bay, Stanley Street is easily accessible with it being within walking distance from Telok Ayer, Tanjong Pagar, Shenton Way and Maxwell MRT Stations. This rare property presents an opportunity for buyers to own a piece of limited conservation land in Singapore and its old-world charm drew in tourists and the nearby eateries for workers and food lovers alike.Holland Drive CondoAccording to Knight Frank Singapore’s executive director of capital markets, Mary Sai, the property is expected to attract investors aiming for wealth preservation, stable recurring income and substantial capital appreciation over time. She further stated that “This rare property presents an opportunity for buyers to own a piece of limited conservation land in Singapore. The shophouses are in a historical area, yet steps away from the bustling metropolis of the CBD. Its old-world charm attracts tourists, while the nearby myriad of eateries draw the office crowd and food lovers throughout the day.”Holland Drive CondoThe tender will be closing on March 28 at 3pm and potential buyers are encouraged to take up this opportunity of owning an exclusive piece of the historical part of Singapore. Holland Drive Condo