NEW

Brand Fit Snapshot

Best for:

Daily Essentials & GroceryCinema & LeisureHealth & WellnessMixed-Use & Office TrafficLocal Services

Not ideal if:

Ultra-Luxury PositioningLarge Footprint RetailDiscount Retail

Similar properties you might like:

Want to know if your brand fits?
Quick assessment - takes 30 seconds
Check Your Fit

One Holland Village is a mixed-use development located in District 10 of Singapore, featuring approximately 145,314 square feet of gross floor area dedicated to retail space across three levels, with a net lettable area of about 95,373 square feet. Completed in late 2023, the property integrates retail, residential, office, and community components, aiming to enhance the vibrancy of the Holland Village precinct through pedestrian-friendly design and public spaces such as Commons Square for events, Communal Green with water features, and Pocket Park for relaxation.

The tenant mix emphasizes food and beverage outlets, lifestyle retail, wellness services, and a supermarket anchor like Cold Storage, with around 44 tenants secured initially, including pet cafes, bistros, and international cuisine options, catering to a diverse customer base.

Market position places it as a low-rise urban lifestyle hub in a historically bohemian neighborhood, contributing to a 27.98 percent increase in precinct footfall during its debut month, though overall Holland Village has faced declining traffic in older sections due to road closures and shifting consumer preferences. Occupancy reached 82 percent expected in 2023, likely higher by 2025 given the propertys award as New Mall of the Year in 2024, indicating strong initial leasing interest.

Accessibility benefits from proximity to Holland Village MRT on the Circle Line, with enhanced connectivity via expressways like Ayer Rajah and public buses, supporting commuter flow from surrounding residential areas.

Demographic profile targets affluent residents, expatriates, young professionals, and families in the Bukit Timah and Queenstown vicinities, with household incomes above national averages.

Operational quality includes modern infrastructure with covered walkways and community integration, but potential challenges involve competition from established malls in Orchard and newer hotspots, market saturation in Singapores retail sector, and infrastructure strains like reduced parking from nearby developments.

Leasing advantages include exposure to a cosmopolitan crowd and integration with residential units for captive audience, yet retailers should note risks from economic fluctuations affecting discretionary spending and higher rent levels in prime locations.

For Advertisers
Advertise at this property?

Reach high-intent shoppers across digital screens, atria, and experiential placements.

Hours of Operation

Hours

Checking...
Monday12:00 PM — 09:00 PM
Tuesday12:00 PM — 09:00 PM
Wednesday12:00 PM — 09:00 PM
Thursday12:00 PM — 09:00 PM
Friday12:00 PM — 09:00 PM
Saturday11:00 AM — 09:00 PM
Sunday11:00 AM — 09:00 PM
Holiday Hours

Hours may vary on public holidays. Check with individual stores for specific holiday schedules.

7 Holland Village Way, Singapore, Singapore

Insights

Demographic Profile

The Holland Road subzone, encompassing One Holland Village, has a population distribution of 44.8 percent males and 55.2 percent females, with age groups comprising 18.6 percent aged 0-14, 65.8 percent aged 15-64, and 15.6 percent aged 65 and above. Ethnic composition is predominantly Chinese at 86.3 percent, followed by Malays, Indians, and others. The area attracts a mix of expatriates, young Singaporeans, professionals, and families, drawn to its cosmopolitan vibe and proximity to international schools like Anglo-Chinese School International and Hwa Chong Institution. Household profiles indicate higher education levels and incomes, supporting premium retail demand for lifestyle and dining options. However, an aging population segment may influence tenant strategies toward inclusive offerings, while expatriate turnover could lead to fluctuating footfall patterns. Accessibility to nearby residential estates enhances catchment, but market saturation in affluent districts risks over-reliance on transient visitors rather than loyal locals.

Competition and Market Saturation

One Holland Village operates in Singapores competitive retail landscape, facing challenges from nearby destinations like Orchard Road malls and emerging hotspots such as Dempsey Hill, which draw similar demographics with diverse offerings. Recent reports from 2025 highlight contrasting fortunes, with the property thriving through increased footfall from events and integrations, while older Holland Village sections experience declines due to higher rents, road closures reducing parking, and shifting consumer habits toward online shopping. Market saturation in food and beverage categories is evident, with stiffer competition potentially pressuring margins for new entrants. Strengths include its unique low-rise, pedestrian-oriented design differentiating from high-rise malls, but risks involve diluted neighborhood uniqueness from chain retailers, leading to lower sales for some independent operators. Retailers evaluating leases should assess category overlaps and economic resilience, as precinct-wide adjustments may impact long-term performance.

Rent Levels and Occupancy

Rent levels at One Holland Village align with prime suburban locations, with sample units quoted at around S$23 per square foot per month, reflecting District 10s premium positioning amid general mall rent increases of 0.75 percent in 2025. Occupancy stood at 82 percent in 2023, with expectations of nearing full capacity by 2025 given strong tenant commitments and awards recognition. Advantages include flexible lease terms for dual-frontage units enhancing visibility, but drawbacks involve higher costs potentially straining smaller retailers in a saturated market. Operational quality supports steady performance through modern facilities, yet challenges like infrastructure aging in the broader precinct and access issues from reduced parking could affect tenant retention. Metrics indicate solid initial uptake, but ongoing economic factors and competition may influence renewal rates and vacancy risks.

Building Details

Property Type
Mixed-Use
Gross Leasable Area
13,500
Year Built
2023
Parking Spaces
468
Average Monthly Footfall
208,333
Owner
Far East Organization
Anchor Tenants
CS Fresh, The Projector, Guardian

Detailed Market Analytics

Primary Catchment Area
2 km
Secondary Catchment Area
10 km
Catchment area population
120,000 People
Population growth rate
1.1 %
Median age
42 Years
Household size
3.2 Persons
Education level (tertiary)
50.0 %

Median household income
15,000 SGD per month
Unemployment rate
2.0 %
Cost of living index
95 Index (Singapore=100)

Retail spending per capita
10,000 SGD per year
Spending on apparel
1,000 SGD per year
Spending on groceries
5,000 SGD per year
Spending on electronics
800 SGD per year

Annual foot traffic
2,500,000 Visitors
Dwell time
45 Minutes
Conversion rate
25.0 %
Sales per square meter
8,000 SGD per year

Number of retail stores
44 Stores
Anchor tenant presence
Yes Boolean
Competitor density (same category)
Low Qualitative
Tenant diversity
High Qualitative
Unique Concepts
Pet cafe and arthouse cinema

Gross Leasable Area
13,500 sqm
Number of Levels
3 Levels
Average rent per square meter
200 SGD per month
Vacancy rate
0.0 %
Lease term flexibility
Medium Qualitative
Available retail space
0 sq ft

Proximity to main roads
Adjacent Qualitative
Public transport access
High Qualitative
Parking spaces
468 Spaces
Pedestrian traffic
High Qualitative

E-commerce competition
High Qualitative
Click-and-collect adoption
High Qualitative
Internet penetration
99.0 %

Retail crime rate
Low Qualitative
Security measures
CCTV and patrols Qualitative

Promotional events
Multiple annually Qualitative
Loyalty program penetration
High Qualitative
Digital signage presence
Yes Boolean

Projected foot traffic growth
5.0 %
New tenant pipeline
10 New tenants
Mall expansion plans
None planned Qualitative
City Snapshot
Singapore

Comprehensive market intelligence for retail expansion in this city

Market DataDemographicsTenant Mix
Get City Snapshot
City Snapshot Report Preview
Sample

Discover more shopping centers in Singapore.

Top retail destinations across Singapore.

For Advertisers
Advertise at this property?

Reach high-intent shoppers across digital screens, atria, and experiential placements.

City Snapshot
Singapore

Comprehensive market intelligence for retail expansion in this city

Market DataDemographicsTenant Mix
Get City Snapshot
City Snapshot Report Preview
Sample
Brands Wanted · 5,400 SF

1–1.5 year lease, below market rent, 2nd-generation, fully operational, cosmetic build-out only — move-in ready

At Market Street – The Woodlands, TX, USA

More Info