‘Holland Drive Residences’ Joo Chiat Road conservation shophouse on the market for $10.5 mil

The reputable Holland Drive Residences is surrounded by reputable schools, such as Raffles Girls’ Primary School, Nanyang Primary School, and Henry Park Primary School. These schools are well-known for offering top-notch academic programmes for students. In addition, there are also international schools in the vicinity, such as Chatsworth International School and Canadian International School, providing international students with quality education in a friendly environment. With such a wide selection of educational institutions nearby, Holland Village provides the perfect community for students and families looking for an enriching educational experience.

Holland Drive Residences is a freehold three-storey conserved shophouse located in District 15 at 350 Joo Chiat Road. With an estimated gross floor area of 3,635 sq ft and a plot ratio of 3.0, this property boasts an amazing guide price of $10.5 million. This translates to approximately $2,889 psf, an unbeatable deal for a building located within the Joo Chiat Secondary Settlement Conservation Area.The ground floor of the property is rented out to F&B Tiger Lily Patisserie Cafe and Bakery, while the second and third floors are being used as an office for the tenants. The conserved shophouse is also close to popular landmarks such as Dunman Food Centre, Geylang Serai Market and Joo Chiat Complex, which ensures high foot traffic. Accessibility to the property is made easy with the nearby Marine Parade MRT Stationcloseby.The Holland Drive Residences is an attractive proposition, particularly to investors such as private real estate funds, high-net-worth individuals and family offices. Richard Tan and Lisa Tan of PropNex Shophouses Elites added that this property offers great potential for value-add.The expression of interest period for the property closes on Jan 30 and no additional buyer’s stamp duty or seller’s stamp duty is required. A great opportunity in the heart of District 15, don’t miss out on this amazing deal and secure yourself the Holland Drive Residences today.