Type

Units

Min Area

Price Range

3 BR

1120 sqft

S$5,000/mo

Property Highlights

HDB development with 1 unit currently available.
Prices currently start from S$5,000.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$1,000 on this acquisition.
Located 6 min (500 m) from CC21 Holland Village MRT Station.

Housing Grants & Financing

Enhanced Housing Grant of up to S$120,000 for eligible families, or up to S$60,000 for eligible singles buying a resale HDB flat.
Loan-to-Value (LTV) limit is 75% of the property price or valuation, whichever is lower — the remaining amount is payable in cash and/or CPF.
Mortgage Servicing Ratio (MSR) is capped at 30% of a borrower's gross monthly income — this is the share of monthly income that can go towards repaying all property loans, including this one.
Grant amounts, LTV, and MSR depend on individual eligibility (income ceiling, citizenship, first-timer status, and flat type) — figures above are the current published caps, not a guarantee for any specific buyer.

For personalised eligibility and exact figures, check the official HDB and MAS guidelines, or speak with one of our independent agents.

Price Trends & Rental Yield

Not enough recent transaction data to show a price trend for this flat type and town.

Interested in this property?

Send a quick enquiry our Singapore Property team will reach out within 24 hours.

5 Holland Close: Central Living in Holland Village

5 Holland Close stands as a well-established Housing and Development Board development nestled in the heart of Holland Village, one of Singapore's most coveted residential neighbourhoods. The address itself carries prestige, reflecting decades of community stability and consistent capital appreciation. Located just six minutes on foot from CC21 Holland Village MRT Station, this development enjoys an enviable position on the Circle Line, connecting residents directly to business districts, shopping hubs, and recreational zones across the island.

The neighbourhood surrounding 5 Holland Close epitomises urban convenience blended with village charm. Holland Village has long attracted both owner-occupiers seeking a lifestyle upgrade and savvy investors recognising the district's enduring appeal. The area features an eclectic mix of independent cafés, fine-dining establishments, boutique retail, and cultural venues that have made it a lifestyle destination rather than merely a residential area. Proximity to the MRT means that commuting to the Central Business District, Marina Bay, or other employment hotspots requires minimal travel time, a factor that consistently drives demand for properties in this zone.

Layout and Space Standards

Properties at 5 Holland Close are configured to offer practical living arrangements suited to modern families and discerning upgraders. The development features spacious floor plates, with three-bedroom units providing approximately 1,120 square feet of usable area. This generous allocation affords flexibility in interior design, allowing residents to create home offices, entertainment zones, or additional storage without compromise. The dual-bathroom setup in many units adds convenience for households with multiple occupants, reducing morning congestion and enhancing daily comfort.

The architectural design of the development reflects the era of its construction whilst maintaining structural soundness and aesthetic appeal. Flat orientations and natural light penetration have been factored into the layout, ensuring that living spaces feel airy and welcoming throughout the day. Balconies and open-plan kitchen areas encourage natural ventilation, a feature particularly valued in Singapore's tropical climate.

Investment Appeal and Rental Dynamics

The rental market for properties at 5 Holland Close remains robust, underpinned by consistent demand from expatriates, young professionals, and corporate relocations. The Circle Line connectivity means that tenants working across multiple business nodes can access their workplaces efficiently. International schools, healthcare facilities, and leisure amenities in the immediate vicinity add further appeal to potential renters. Landlords have historically achieved respectable yields from units in this location, particularly when marketed to quality tenant profiles seeking a lifestyle rather than simply accommodation.

The development's maturity and established reputation within the expatriate and local communities translate into shorter vacancy periods and negotiating power for landlords. Furnished units, in particular, command premium rental rates due to the neighbourhood's popularity with relocating executives and their families. The rental demand is unlikely to diminish given the ongoing economic importance of the MRT node and the consistent interest in Holland Village as a destination.

Transportation and Accessibility

The six-minute walk to CC21 Holland Village MRT Station is a defining strength of this development. The Circle Line provides direct connections to Dhoby Ghaut, Clarke Quay, Raffles Place, and Marina Bay, making commutes to Singapore's primary employment hubs straightforward and time-efficient. For those who prefer road travel, major expressways including the Central Expressway and East Coast Parkway are accessible within minutes, facilitating trips to other parts of the island.

Public bus services also converge near the development, offering residents flexible commuting options and reducing reliance on private vehicles. This multimodal accessibility is a significant draw for both owner-occupiers concerned with work commutes and investors targeting tenants in professional employment sectors.

Neighbourhood Character and Lifestyle

Holland Village has evolved into a neighbourhood that transcends the typical residential enclave. The presence of independent restaurants, craft breweries, wellness centres, and weekend markets creates a distinctive atmosphere that appeals to those seeking a balanced lifestyle. Families benefit from proximity to reputable schools, whilst young professionals and empty nesters appreciate the vibrant social scene and walkable streets. The neighbourhood's international character means that residents encounter a cosmopolitan demographic, contributing to the area's appeal and cultural richness.

Residents of 5 Holland Close enjoy ready access to these amenities without needing to venture far from home, a convenience that enhances quality of life and supports strong property values over time.

Comparison to Nearby Developments

Within the Holland Village precinct and surrounding areas, competing developments exist at varying price points and with differing amenity profiles. Newer developments in adjacent zones may offer contemporary facilities and architectural finishes, yet typically command higher entry prices reflecting their recency. The maturity of 5 Holland Close, combined with its central MRT positioning, often presents a more cost-effective entry point for upgraders and investors whilst delivering comparable lifestyle benefits and stronger rental yield potential.

The established community at 5 Holland Close also provides intangible value—a settled neighbourhood with proven long-term appeal rather than an untested new launch.

Market Position and Pricing

Current asking prices at 5 Holland Close reflect the development's location premium and the sustained demand for HDB properties in central areas. The price per square foot for units here aligns competitively with recent transactions in the neighbourhood, representing fair value for a development of its standing and convenience. Prospective buyers should undertake comparative analysis with recent sales data in Holland Village to assess the value proposition relative to immediate competitor properties.

For investors, the total cost of acquisition—factoring in purchase price and any applicable duty—should be weighed against projected rental income and capital appreciation potential. The mature development's track record of steady appreciation provides a degree of confidence regarding long-term value retention.

Community and Facilities

As an established HDB estate, 5 Holland Close benefits from mature community infrastructure, including multi-purpose halls, landscaped gardens, and recreational spaces. These facilities foster a sense of community amongst residents and provide venues for family gatherings, celebrations, and social engagement. The development's maturity also means that essential services—medical clinics, community centres, and hawker stalls—are well-established and accessible within the immediate vicinity.

The overall living environment balances the convenience of central-zone living with the community-oriented features that characterise well-managed HDB developments.

For prospective buyers and investors evaluating properties in the Holland Village area, 5 Holland Close represents a compelling option combining location accessibility, lifestyle amenities, proven rental appeal, and reasonable valuation relative to comparable offerings in the precinct.

Frequently Asked Questions

What rental yield might an investor expect from a property at 5 Holland Close?

Properties at 5 Holland Close have historically delivered rental yields in the region of 3% to 4% gross annually, though actual returns depend on unit configuration, condition, and lease duration. The development's proximity to CC21 Holland Village MRT Station and the neighbourhood's popularity with expatriates support sustained rental demand, allowing landlords to achieve these figures through competitive rents without extended vacancies. Investors should factor in property tax, maintenance charges, and potential agent fees when calculating net yields, as these outgoings will reduce the net return on capital invested.

How does the price per square foot at 5 Holland Close compare to recent similar transactions in Holland Village?

Recent arm's-length transactions in Holland Village for mature HDB developments have generally ranged between S$5,000 and S$5,800 per square foot, depending on specific location, floor level, and unit condition. 5 Holland Close, given its MRT proximity and established reputation, typically sits within or slightly above this bracket, reflecting the premium attributable to its CC21 station access and neighbourhood positioning. Prospective buyers should conduct transactional analysis with HDB data released by the Urban Redevelopment Authority to confirm whether current asking prices align with comparable sales in the immediate vicinity.

What is the impact of Additional Buyer's Stamp Duty for Singapore Citizens purchasing a second residential property at 5 Holland Close?

A Singapore Citizen purchasing a second residential property at 5 Holland Close will be liable for Additional Buyer's Stamp Duty at the current rate of 20% on the purchase price, applied on top of standard Buyer's Stamp Duty. For example, on a purchase price of S$550,000, the ABSD would total approximately S$110,000, significantly increasing the total acquisition cost and financing requirements. Upgraders and investors must budget for this substantial outlay and factor it into loan-to-value calculations, as most financial institutions will not finance ABSD costs, requiring this to be paid from cash reserves at point of purchase.

What is the lease tenure at 5 Holland Close and how does remaining lease affect resale value?

5 Holland Close is an HDB development with a 99-year lease, which remains the standard tenure for Housing and Development Board flats in Singapore. The age of the development and the corresponding decay in remaining lease tenure will progressively impact resale value as the lease matures, with steeper valuation declines typically occurring as properties fall below 80 years remaining. Prospective buyers should clarify the exact years remaining on the lease and be aware that financial institutions may restrict mortgage tenure if the remaining lease is insufficient at the point of sale, potentially limiting future buyer pools and affecting capital realisation.

How does proximity to CC21 Holland Village MRT Station influence demand and long-term capital appreciation?

Proximity to a mature, well-utilised MRT station such as CC21 Holland Village is a primary demand driver for residential properties, as it eliminates reliance on private transport and connects residents to employment, education, and leisure hubs across Singapore. This accessibility has historically supported steady capital appreciation for properties in the Holland Village precinct, with MRT-adjacent developments outperforming those requiring longer walking or vehicular commutes. The Circle Line's continued importance within Singapore's transport hierarchy, combined with ongoing economic activity in connected zones, suggests that this locationally driven appreciation dynamic will likely persist over medium to long-term investment horizons.

Which buyer profiles are best suited to purchasing property at 5 Holland Close?

First-time HDB buyers seeking to establish a foothold in a central location will find 5 Holland Close appealing due to its established market liquidity and proven demand. Upgraders trading up from smaller units or older developments benefit from the larger floor plates and modern amenities, whilst the MRT connectivity and neighbourhood lifestyle add non-monetary value to their purchase. For high-net-worth individuals and corporate investors, the development offers a lower entry price than freehold properties in the area, combined with rental yield potential and the community stability that comes with a mature HDB estate.

What Debt Service Ratio headroom might a typical buyer expect when financing a purchase at 5 Holland Close?

A purchaser financing a unit at 5 Holland Close at a typical asking price of around S$550,000 with a 20-year mortgage and current prevailing interest rates would face monthly servicing costs of approximately S$3,500 to S$3,800, depending on bank rates and loan tenure. Banks typically impose a Debt Service Ratio cap of 60%, meaning that a buyer would need gross monthly household income of approximately S$5,800 to S$6,300 to comfortably qualify for the mortgage without breaching lending thresholds. First-time buyers and joint applicants should stress-test their serviceability against potential interest rate rises and budget conservatively to maintain financial resilience over the loan tenure.

How does 5 Holland Close compare in value and lifestyle amenities to competing HDB developments in the same district?

Within the Holland Village precinct and immediately adjacent zones, competing developments such as properties along Lorong Liput and in the Queensway area offer broadly similar demographics and MRT accessibility. However, 5 Holland Close's longstanding reputation, mature community infrastructure, and established rental market often provide advantages over newer but less-known developments, which must build tenant and buyer awareness over time. The development's price point may be fractionally lower than some competing options whilst offering comparable or superior lifestyle amenities, making it attractive to budget-conscious upgraders and investors seeking proven execution rather than speculative appreciation.

Which floor levels and unit stacks at 5 Holland Close tend to offer optimal value and desirability?

Mid-to-upper floor units (typically floors 5 through 10) at 5 Holland Close strike a balance between desirability and affordability, offering natural light, reduced street noise, and security advantages without commanding the premium prices of the highest floors. Corner units and those with unobstructed views or preferred orientation generally attract a value uplift of 3% to 7%, whilst ground floor and low-stack units may be discounted due to reduced privacy and natural light, presenting potential value opportunities for investors willing to furnish and brand for a specific tenant segment. Prospective purchasers should inspect individual units in-situ to assess condition and orientation, as these variables often outweigh floor level in determining true market value.

What is the future supply pipeline for HDB properties in the Holland Village district and how might this affect prices at 5 Holland Close?

The Holland Village area is a mature, fully built-out residential zone with limited capacity for new HDB launches, meaning that future supply will be constrained to en-bloc sales or selective infill projects, if any. This supply scarcity supports stable to appreciating values for existing developments like 5 Holland Close, as demand from upgraders and investors will continue to compete for a fixed pool of available properties. Prospective buyers should recognise that the neighbourhood's low supply pipeline provides a degree of insulation against value erosion from new competitive launches, a factor that investor and owner-occupier communities have historically valued highly.

Hdb Flat At Holland Close — From S$5,000