118 Holland Avenue
118 Holland Avenue is a commercial building in District 10 · Bukit Timah, on land zoned COMMERCIAL under the URA Master Plan with a gross plot ratio of 3.0. It is leasehold with roughly 58 years remaining. 1 transaction is on record since 1995, most recently in Dec 2013. 1 unit is currently listed for rent. ACRA records 2 live company registrations at this address.
What are the key facts about 118 Holland Avenue?
- Asset class
- Commercial
- Land-use zone
- COMMERCIAL
- Gross plot ratio
- 3.0
- Tenure
- Leasehold
- District / Area
- District 10 · Bukit Timah
- Address
- 118 Holland Avenue
- Land area
- —
- Completed
- Not on record
- Storeys
- 5 (© OpenStreetMap contributors)
- Submarket
- City Fringe
- Listed as
- Food & Beverage, Shop / Shophouse
- Transactions on record
- 1 (records start 1995)
- Live listings
- 1
- ACRA registrations
- 2
About 118 Holland Avenue
118 Holland Avenue is a commercial property in Bukit Timah (District 10). It is located along Holland Avenue, Singapore 278997.
Under the URA Master Plan it sits on land zoned commercial with a gross plot ratio of 3.
The site is leasehold, with about 58 years remaining on the lease.
1 transaction has been recorded here, at a median of S$2,621 psf. The most recent was in December 2013.
2 businesses are currently registered at this address with ACRA.
The nearest MRT is Holland Village MRT, 189 m away (about a 3-minute walk). The closest bus stop (Holland V Stn Exit A) is 52 m away (about a 1-minute walk). The Star Vista is 943 m away (about a 15-minute walk).
What is 118 Holland Avenue zoned as?
- Land-use zone
- COMMERCIAL
- Gross plot ratio
- 3.0
What has 118 Holland Avenue sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Dec 2013 | Office | S$54.80M | 20,907 sqft | $2,621 |
URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like. sqm ↔ sq ft converter
What does space at 118 Holland Avenue rent for?
Retail space on Holland Avenue
Street level · 2026Q3S$ per sq ft per month · median +7.4% on a year earlier
URA's percentiles of RETAIL rents (shop, F&B, entertainment, health & fitness) across every lease stamped with IRAS on this STREET in the quarter — the street's figure, not this building's rent and never a unit's. Retail rent swings with floor and frontage, so the spread matters as much as the median. A median needs at least 2 buildings and 3 contracts (percentiles need 4); a blank means below that threshold, not zero.
Source: URA rental statistics by street (IRAS-stamped contracts).
Retail space — District 10 retail
Region band · 2026Q3S$ per sq ft per month
A REGION BAND — URA's grid for the whole district or location, not this street or building. Say "across <district/location>, …", never that this building rents for it. The middle of URA's retail grid for District 10 across every floor and size band — a ground-floor shop and an upper-floor unit sit at very different points in it.
Source: URA REALIS retail rental analysis (district × floor × size grid).
Market context around 118 Holland Avenue
- City Fringe (all grades): Rent S$7.83 psf/mth · Vacancy 2.5% · Planned / under construction 1.35m sq ft
Official series (URA, 2026Q3): Office vacancy rate (Whole Island) 10 (-1.2 pp on the year) · Office rental index (Central Region) 203.4 (+1.8% on the year).
Brokers draw submarkets and grades differently; each figure is the broker's own, for its own area, cited to its report. Rents are per square foot per month.
How fast units move at 118 Holland Avenue
Rent: between 6 Aug 2026 and 28 Aug 2026, 0 new listings appeared and 0 came off (sold, let or withdrawn). Days on market: not enough history yet — we began tracking on 6 Aug 2026.
One count per unit, however many agents list it. Asking prices are not tracked over time, so price cuts are not shown.
What's been approved at 118 Holland Avenue?
- 24 Sept 2026ApprovedFloor 1Change of use to restaurant
Proposed change of use of unit #01-XX to restaurant at raffles holland v
- 11 Sept 2025ApprovedFloor 2Change of use to wellness centre with ancillary cafe
Proposed change of use of units #02-XX & #02-XX to wellness centre with ancillary cafe at raffles holland v
- 27 Aug 2024ApprovedFloor 2Change of use to restaurant
Proposed change of use of shop unit #02-XX to restaurant at raffles holland v
- 16 Dec 2021ApprovedFloor B1Change of use to supermarket
Proposed change of use of units #B1-XX, #B1-XX & #B1-XX to supermarket (as an expansion of existing supermarket at units #B1-XX to #B1-XX)
- 12 Nov 2020RenewedFloor B1Continued use as supermarket
Continued use of units #B1-XX, #B1-XX, #B1-XX, #B1-XX, #B1-XX, #B1-XX, #B1-XX, #B1-XX, #B1-XX and #B1-XX as supermarket at raffles holland v
- 6 Mar 2019RenewedFloor B1Continued use as supermarket
Continued use of units #B1-XX, #B1-XX, #B1-XX, #B1-XX, #B1-XX, #B1-XX, #B1-XX, #B1-XX, #B1-XX and #B1-XX as supermarket at raffles holland v
- 15 Jun 2017ApprovedFloor 3Change of use to commercial school
Proposed change of use of units #03-XX and #03-XX to commercial school on lot 05022l mk 04 at 118 holland avenue, raffles holland v
- 6 Jan 2017ApprovedFloor B1Change of use to supermarket
Proposed change of use of units #B1-XX, #B1-XX, #B1-XX, #B1-XX, #B1-XX, #B1-XX, #B1-XX, #B1-XX, #B1-XX and #B1-XX to supermarket at raffles holland v
- 13 Dec 2016RefusedFloor B1Change of use to supermarket
Proposed change of use of units #B1-XX, #B1-XX, #B1-XX, #B1-XX, #B1-XX, #B1-XX, #B1-XX, #B1-XX, #B1-XX and #B1-XX to supermarket at raffles holland v
- 7 Dec 2016ApprovedFloor B1Change of use to restaurant
Proposed change of use of units #B1-XX and #B1-XX to restaurant at raffles holland v
- 10 Oct 2016ApprovedFloors 3, 4Change of use to gym/fitness centre
Proposed change of use of units #03-XX, #04-XX, #04-XX, #04-XX, #04-XX, #04-XX and #04-XX to gym/fitness centre
- 26 Sept 2016ApprovedFloor 2Change of use to restaurant
Proposed change of use of unit #02-XX to restaurant at raffles holland v
2 earlier change-of-use and A&A decisions are on record since 2000.
Source: URA planning decisions (URA Data Service), matched to this building by address or land lot. A past approval can lapse (a temporary permission) and belongs to the unit it names. The authoritative approved use of a unit comes from URA's Enquiry on Approved Use of Premises (S$54.50 per unit).
How does Holland Avenue price?
Street figures cover strata deals only — land and strata PSF are not comparable.
What do commercial rents run near 118 Holland Avenue?
Indicative area yield — District 10 retail
An INDICATIVE AREA yield for District 10 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.
Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.
Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.
Retail rents — District 10 ($ psm/month, 2026Q3)
| Floor level · size band | 25th pct | Median | 75th pct |
|---|---|---|---|
| Level 1 · 30 & Below | $328.53 | $418.19 | $451.58 |
| Level 2 & 3 · 30 & Below | $155.00 | $169.72 | $183.73 |
| Level 2 & 3 · >30 - 100 | $141.55 | $202.35 | $215.19 |
| Level 1 · >30 - 100 | $118.27 | $184.62 | $215.15 |
| Level 1 · >100 - 300 | $80.00 | $110.62 | $158.42 |
| Level 2 & 3 · >100 - 300 | $90.05 | $135.62 | $146.17 |
| Level 2 & 3 · >300 | $93.68 | $99.85 | $147.67 |
URA REALIS rental-contract percentiles for the district/location — an area benchmark, not this building's own rents. Office and retail are dimensioned differently and are never mixed.
What is available at 118 Holland Avenue right now?
For rent (1)
- F&B/Retail Unit At Holland Village Area, Next To Holland Village MrtS$8k/mo · 382 sqft
What is near 118 Holland Avenue?
Getting around
- Holland Village MRT189 m · ~3 min
Amenities nearby
Straight-line distances. Source: PropKaki amenities data.
Getting there and parking at 118 Holland Avenue
nearest MRT/LRT Holland Village (CC21) 42 m, about 22,000 taps a weekday; 2 more stations within 1 km; bus stops within 400 m: 8, about 16,000 taps a weekday; Bukit Timah: 21,362 resident workers (Census 2020, by workplace); about 36,000 residents within 1 km (June 2026). Ranked against 485 office buildings by PropKaki's model: a relative score, not a footfall count.
A relative score from PropKaki's model (station and bus taps nearby, workers and residents around), not a count of people.
Stations within 1 km
- Holland Village (CC21)42 m · about 22,000 weekday taps
- Buona Vista (EW21 / CC22)713 m · about 64,000 weekday taps
- Commonwealth (EW20)896 m · about 29,000 weekday taps
Taps are fare-card taps in and out at the station's gates on an average weekday (Jul 2026 to Sep 2026) — people passing through, not visitors to 118 Holland Avenue. Transfers between lines don't tap, so interchanges read low.
Bus
8 bus stops within 400 m, with about 16,000 boardings and alightings on an average weekday.
Public car parks within 500 m
- Warna Rd Off St (URA)58 mS$0.75 per half-hour at midday on a weekday · 42 car lots
- Warna Rd (URA)161 mS$0.60 per half-hour at midday on a weekday · 15 car lots
- Blk 5A Holland Close (HDB)191 mS$0.60 per half-hour at midday on a weekday · gantry 2 m · 414 car lots
- Jln Rumia (URA)200 mS$0.60 per half-hour at midday on a weekday · 28 car lots
- Jln Kelabu Asap (URA)205 mS$0.60 per half-hour at midday on a weekday · 18 car lots
HDB season (car): Tier 1 $110/month (a resident's or registered HDB shop/industrial tenant's first car); Tier 2 (other cars, non-residents) $120 Rest of Island, $170 Designated Area, $190 Restricted Zone (sheltered: multi-storey, basement, deck). Industrial-park multi-storey car parks: $110 / $120. Which zone this car park is in is not published as data.
Nearest URA season parking: Tanglin Halt Close, 670 m away, S$90/month.
Public car parks only, by straight-line distance, with the operator's published rates. 118 Holland Avenue's own car park, if it has one, and its charges are not in the open data.
Who's registered at 118 Holland Avenue?
- Education1
- Other services1
- Wholesale and retail trade0
Registered businesses, not who occupies the space: companies, LLPs and branches whose REGISTERED address is this building (ACRA), by industry. Sole proprietors are not counted; no business is named. ACRA, as of 2026-09-16.
What is 118 Holland Avenue's BCA building profile?
- BCA building type
- Retail
- Green Mark
- Certified (2016)
- Energy use intensity
- 491 kWh/m²·yr
Frequently asked questions about 118 Holland Avenue
Where is 118 Holland Avenue?⌄
118 Holland Avenue is at 118 Holland Avenue, Singapore 278997, in the Bukit Timah planning area.
What is 118 Holland Avenue zoned as?⌄
118 Holland Avenue sits on land zoned commercial under the URA Master Plan, with a gross plot ratio of 3.
What is the tenure of 118 Holland Avenue?⌄
118 Holland Avenue is leasehold. About 58 years remain on the lease.
What have units at 118 Holland Avenue sold for?⌄
Across 1 recorded transaction, the median price is S$2,621 psf. The latest was in December 2013.
What is the nearest MRT station to 118 Holland Avenue?⌄
Holland Village MRT is the closest, 189 m away (about a 3-minute walk).
How many businesses are registered at 118 Holland Avenue?⌄
2 businesses are currently registered at this address with ACRA. That is a measure of registered addresses, not of how many businesses physically occupy the building.
The facts are here — now get the verdict on 118 Holland Avenue.
Ask what a unit here would fetch, what the zone allows, or how it compares.
PropKakiHere's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.