DEAL WATCH: Freehold apartment near Holland Village
By Tan Chee Yuen
/ The Edge Property |
A 1,948 sq ft unit at Holland Court is being put up for sale on TheEdgeProperty.com at $2.75 million, or $1,412 psf. The unit is understood to be tenanted until January 2018.
The latest transaction in the project was in March 2014 when a 1,948 sq ft unit on the third floor sold for $3 million or $1,540 psf. Another 1,948 sq ft unit, also on the third floor, also fetched $1,540 psf in December 2013.
Holland Court is located around 200m from Holland Village MRT station and Holland Village.
Click here for more listings at Holland Court and nearby projects
Holland Court is a freehold apartment project comprising just 22 units. The project is located around 200m from Holland Village MRT station and Holland Village – a lifestyle destination known for its F&B and bars. Schools within 2km from the property include Fairfield Methodist School (Primary), Henry Park Primary School and Nanyang Primary School.
There were two rental contracts in 2015. A three-bedroom unit with an area between 1,500 and 1,600 sq ft was let for $4,500 or $2.90 psf a month in January. In November, another three-bedroom unit between 1,200 and 1,300 sq ft monthly rent was let for $3,500 or $2.80 psf a month.
Historical transactions for 1,948 sq ft units at Holland Court
Contract date | Price ($) | Price ($ psf) |
|---|---|---|
21-Mar-14 | 3,000,000 | 1,540 |
17-Dec-13 | 3,000,000 | 1,540 |
28-May-12 | 2,450,000 | 1,258 |
16-Apr-12 | 2,900,000 | 1,488 |
21-Mar-12 | 2,630,000 | 1,350 |
Source: URA, The Edge Property
Historical rental contracts for three-bedroom units at Holland Court
Lease start date | Unit size ( sq ft) | Monthly rent | |
|---|---|---|---|
($) | ($psf) | ||
Nov 2015 | 1,200 to 1,300 | 3,500 | 2.80 |
Jan 2015 | 1,500 to 1,600 | 4,500 | 2.90 |
Nov 2014 | 1,200 to 1,300 | 3,700 | 3.00 |
Nov 2014 | 1,200 to 1,300 | 4,000 | 3.20 |
Apr 2014 | 1,700 to 1,800 | 4,800 | 2.70 |
Mar 2014 | 1,700 to 1,800 | 4,500 | 2.60 |
Source: URA, The Edge Property
This article appeared in The Edge Property Pullout, Issue 716 (February 22, 2016) of The Edge Singapore.
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