CommercialRESIDENTIALDistrict 10 · Queenstown

32 Holland Close

Reviewed by Nathan TangUpdated 10 November 2026
Quick Summary

32 Holland Close is a commercial building in District 10 · Queenstown, on land zoned RESIDENTIAL under the URA Master Plan with a gross plot ratio of 3.0. ACRA records 17 live company registrations at this address.

1

What are the key facts about 32 Holland Close?

Key takeaway32 Holland Close is a commercial building in District 10 · Queenstown, zoned RESIDENTIAL.
Asset class
Commercial
Land-use zone
RESIDENTIAL
Gross plot ratio
3.0
Tenure
Not on record
District / Area
District 10 · Queenstown
Address
—
Land area
2,170 sqm
Completed
1973 (HDB Property Information)
Storeys
10 (HDB Property Information)
Submarket
City Fringe
Transactions on record
None recorded
Live listings
None
ACRA registrations
17

No recorded transactions — this building has never generated a strata caveat (typically single-owner or lease-only stock). That is not missing data, and it says nothing about the building's value, occupancy or availability.

2

About 32 Holland Close

32 Holland Close is a mixed-use building in Queenstown (District 10). It is located along Holland Close, Singapore 270032.

Under the URA Master Plan it sits on land zoned residential with a gross plot ratio of 3.

It occupies roughly 2,170 sqm of land with about 6,511 sqm of gross floor area.

17 businesses are currently registered at this address with ACRA.

The nearest MRT is Commonwealth MRT, 436 m away (about a 7-minute walk). The closest bus stop (Opp Blk 115B) is 246 m away (about a 4-minute walk). The Star Vista is 938 m away (about a 15-minute walk).

3

What is 32 Holland Close zoned as?

Key takeaway32 Holland Close sits on land zoned RESIDENTIAL with a gross plot ratio of 3.0.
Land-use zone
RESIDENTIAL
Gross plot ratio
3.0

Run the full zoning report for this building →

4

What does space at 32 Holland Close rent for?

Key takeawayNo street- or building-level rent is published here. Across District 10 retail, retail space rented at a median of $15.77 psf a month in 2026Q3, with the middle half of leases between $10.99 and $17.07. That is not this building's own rent, and never a quote for a particular unit.

Retail space — District 10 retail

Region band · 2026Q3
25th pct
$10.99
$118.27 psm
Median
$15.77
$169.72 psm
75th pct
$17.07
$183.73 psm

S$ 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).

5

Market context around 32 Holland Close

Key takeawayBrokers' retail figures for this part of Singapore — a broker's market figure, not this building's rent.
CBRE, 2Q 2026 (island-wide)
  • Islandwide: Rent S$28.15 psf/mth
Singapore Figures Q2 2026
Cushman & Wakefield, 2Q 2026
  • Other City Areas: Rent S$21.21 psf/mth · Vacancy 7.4% (1Q 2026) · Planned / under construction 0.73m sq ft
Singapore Retail MarketBeat Q2 2026

Official series (URA, 2026Q3): Retail vacancy rate (Whole Island) 6.5 (-0.4 pp on the year) · Retail rental index (Central Region) 81.2 (+1.4% 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.

6

What's been approved at 32 Holland Close?

Key takeawayURA's planning decisions at 32 Holland Close since 2000 are below. This is the building's planning history, not today's approved use of any unit: confirm a unit's approved use with URA before signing.
  1. 26 Jul 2016Approved
    Additions & alterations

    Proposed neighbourhood renewal programme comprising construction of covered walkway, pavilion stage, playground, entrance signage and upgrading of existing drop-off points, fitness area at blk 31 and 32 on lots 06924t mk04, 03651t and 03650p mk04 at holland close

  2. 23 May 2013Approved
    Additions & alterations

    Proposed additions & alterations at blocks 31 & 32 (lift upgrading programme) and addition of a new substation to the existing public housing development on lots 03651t & 03650p mk 04 holland close

  3. 26 Dec 2012Approved
    Additions & alterations

    Proposed neighborhood renewal programme comprising construction of covered walkway, pavilion stage, playground, entrance signage and upgrading of existing drop-off points, fitness area

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).

7

What do commercial rents run near 32 Holland Close?

Key takeawayURA publishes contracted-rent percentile grids quarterly (latest: 2026Q3) — the benchmark evidence an asking rent should be weighed against.

Indicative area yield — District 10 retail

Gross yield (area)
4.2%
3.8% net of property tax
Rent side (median of bands)
$169.72 psm/mo
2026Q3
Price side (strata, 5y)
$4,533 psf
34 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, 2026Q3)

Floor level · size band25th pctMedian75th 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.

8

What is near 32 Holland Close?

Key takeawayThe nearest MRT/LRT is Commonwealth MRT, about 436 m away.

Getting around

Amenities nearby

Oneness Medical · 101 mEducational Institution · 150 mPlace Of Worship · 220 mOpp Blk 115B · 246 mBusiness Park · 272 mCommonwealth Crescent Market · 396 mCommonwealth MRT Exit B · 403 mCold Storage Singapore (1983) Pte Ltd · 485 mBuona Vista Community Club · 577 mThe Star Vista · 938 m

Straight-line distances. Source: PropKaki amenities data.

9

Getting there and parking at 32 Holland Close

Key takeawayThe nearest station is Commonwealth (EW20), 403 m away — a moderately busy station, with about 29,000 taps in and out on an average weekday. 21 public car parks are within 500 m; the cheapest URA season parking nearby is S$90 a month.
Foot traffic: busier than 33% of retail buildings

nearest MRT/LRT Commonwealth (EW20) 403 m, about 29,000 taps a weekday; 2 more stations within 1 km; bus stops within 400 m: 6, about 10,000 taps a weekday; Queenstown: 131,782 resident workers (Census 2020, by workplace); about 36,000 residents within 1 km (June 2026); 1 other mall within 1 km. Ranked against 12,856 retail 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, and competing malls), not a count of people.

Stations within 1 km

  • Commonwealth (EW20)403 m · about 29,000 weekday taps
  • Holland Village (CC21)519 m · about 22,000 weekday taps
  • Buona Vista (EW21 / CC22)662 m · about 64,000 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 32 Holland Close. Transfers between lines don't tap, so interchanges read low.

Bus

6 bus stops within 400 m, with about 10,000 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Blk 2/4/6/31/32 Holland Close (HDB)70 m
    S$0.60 per half-hour at midday on a weekday · gantry 4.5 m · 256 car lots
  • Blk 7B Commonwealth Avenue (HDB)203 m
    S$0.60 per half-hour at midday on a weekday · gantry 2 m · 342 car lots
  • Blk 115A Commonwealth Drive (HDB)221 m
    S$0.60 per half-hour at midday on a weekday · 103 car lots
  • Blk 110 Commonwealth Crescent (HDB)248 m
    S$0.60 per half-hour at midday on a weekday · 34 car lots
  • Blk 89 Commonwealth Drive (HDB)265 m
    S$0.60 per half-hour at midday on a weekday · gantry 4.5 m

HDB season (car): Tier 1 $80/month (a resident's or registered HDB shop/industrial tenant's first car); Tier 2 (other cars, non-residents) $90 Rest of Island, $150 Designated Area, $165 Restricted Zone (surface). Which zone this car park is in is not published as data.

Public car parks only, by straight-line distance, with the operator's published rates. 32 Holland Close's own car park, if it has one, and its charges are not in the open data.

10

How many companies are registered at 32 Holland Close?

Key takeawayACRA records 17 live company registrations at this address, 6 of them in the last three years.
Live registrations
17
Registered last 3 years
6
Most common type
Sole Proprietorship/ Partnership

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.

11

Frequently asked questions about 32 Holland Close

Where is 32 Holland Close?⌄

32 Holland Close is at Holland Close, Singapore 270032, in the Queenstown planning area.

What is 32 Holland Close zoned as?⌄

32 Holland Close sits on land zoned residential under the URA Master Plan, with a gross plot ratio of 3.

Have there been any recorded transactions at 32 Holland Close?⌄

No caveats have been lodged for 32 Holland Close in the URA records we track. That is common for buildings held by a single owner, which never generate strata transactions.

What is the nearest MRT station to 32 Holland Close?⌄

Commonwealth MRT is the closest, 436 m away (about a 7-minute walk).

How many businesses are registered at 32 Holland Close?⌄

17 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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