CommercialCOMMERCIALLeaseholdDistrict 10 · Bukit Timah

118 Holland Avenue

Reviewed by Nathan TangUpdated 10 August 2026Data through Dec 2013
Quick Summary

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.

1

What are the key facts about 118 Holland Avenue?

Key takeaway118 Holland Avenue is a commercial building in District 10 · Bukit Timah, zoned COMMERCIAL, held leasehold.
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
Transactions on record
1 (records start 1995)
Live listings
1
ACRA registrations
2
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).

3

What is 118 Holland Avenue zoned as?

Key takeaway118 Holland Avenue sits on land zoned COMMERCIAL with a gross plot ratio of 3.0.
Land-use zone
COMMERCIAL
Gross plot ratio
3.0
BCA-verified envelope: built 6,011 sqm. This block appears only where BCA has published the actual built floor area — everywhere else, buildable headroom cannot be verified and is deliberately not estimated.

Run the full zoning report for this building →

4

What has 118 Holland Avenue sold for?

Key takeaway1 transaction is on record since 1995, most recently in Dec 2013 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Dec 2013OfficeS$54.80M20,907 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.

5

How does Holland Avenue price?

Key takeawayAcross 16 strata sales on Holland Avenue in the last 5 years, the median is $5,366 psf.
Strata sales on the street (5y)
16
Street median PSF (strata)
$5,366

Street figures cover strata deals only — land and strata PSF are not comparable.

6

What do commercial rents run near 118 Holland Avenue?

Key takeawayURA publishes contracted-rent percentile grids quarterly (latest: 2026Q2) — the benchmark evidence an asking rent should be weighed against.

Indicative area yield — District 10 retail

Gross yield (area)
3.4%
3.0% net of property tax
Rent side (median of bands)
$133.66 psm/mo
2026Q2
Price side (strata, 5y)
$4,390 psf
38 sales

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, 2026Q2)

Floor level · size band25th pctMedian75th pct
Level 1 · 30 & Below$128.61$243.14$366.50
Level 2 & 3 · 30 & Below$120.75$151.90$193.55
Level 2 & 3 · >30 - 100$109.53$147.02$190.16
Level 1 · >30 - 100$80.11$120.29$163.80
Level 2 & 3 · >100 - 300$73.06$78.59$115.68
Level 1 · >100 - 300$71.83$81.50$181.35

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.

7

What is available at 118 Holland Avenue right now?

Key takeaway1 unit is currently listed at 118 Holland Avenue. One row per unit; several agents often market the same unit.

For rent (1)

  • F&B/Retail unit at Holland Village Area, next to Holland Village MRTS$8k/mo · 382 sqft

Browse every listing at this building →

8

What is near 118 Holland Avenue?

Key takeawayThe nearest MRT/LRT is Holland Village MRT, about 189 m away.

Getting around

Amenities nearby

RafflesMedical (Holland) · 5 mHolland Village MRT Exit C · 43 mHolland V Stn Exit A · 52 mCold Storage Singapore (1983) Pte Ltd · 88 mHolland Village Pk · 144 mHolland Village Market & Food Centre · 148 mPlace Of Worship · 226 mEducational Institution · 247 mBuona Vista Community Club · 415 mBusiness Park · 562 m

Straight-line distances. Source: PropKaki amenities data.

9

How many companies are registered at 118 Holland Avenue?

Key takeawayACRA records 2 live company registrations at this address.
Live registrations
2
Registered last 3 years
0
Most common type
Local Company

Company REGISTRATIONS at this address (ACRA), not a tenancy schedule. Registration does not mean the company physically occupies space here, and a low count does not mean the building is empty. Do not describe this as occupancy or vacancy.

10

What is 118 Holland Avenue's BCA building profile?

BCA building type
Retail
Green Mark
Certified (2016)
Energy use intensity
491 kWh/m²·yr
11

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.

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