Viz At Holland Condominium

Property Valuation Report

Prepared on 29 March 2026

Prepared for

Wendy & Chuan

Viz At Holland

#12-07, 221 Queensway, S(276750)

Type

4-Bedroom Condo

Floor Area

2,389 sqft

Tenure

Freehold

District

D10 — Holland / Tanglin

Property Details

Selected Unit Information

Address

#12-07, 221 Queensway

Postal Code

S(276750)

Project

Viz At Holland

Property Type

Condominium

Unit Type

4-Bedroom

Floor Area

2,389 sqft

Tenure

Freehold

TOP

2008

Total Units

165

Region

CCR (Core Central Region)

District

D10 — Ardmore, Bukit Timah, Holland Rd, Tanglin

Developer

Sim Lian (Holland) Pte Ltd

Ownership Demographics

Singaporean76.34%
PR9.95%
Foreigner13.17%
Company0.54%

Unit Mix

Unit TypeMin (sqft)Max (sqft)Units
1-Bedroom49549522
2-Bedroom8181,22745
2-Bedroom + Study9471,67942
3-Bedroom1,2591,92744
4-Bedroom2,3902,3902

Purchase Address Indicator

Private70.51%
HDB29.49%

Valuation Summary

Estimated Market Value

Average Across All Sources

$4,078,667$1,707 psf

Based on valuations from UOB Bank, PropNex PN-Value, and SRX X-Value

UOB Bank

$3,752,000

$1,570 psf

Bank indicative valuation based on recent comparable transactions.

PropNex (PN-Value)

$4,454,000

$1,864 psf

Comparative Market Analysis using the most recent, relevant transactions.

SRX (X-Value)

$4,030,000

$1,687 psf

Proprietary algorithm combining URA data and market intelligence.

Valuation Range

$3.752M
UOB
$4.030M
SRX
$4.454M
PropNex
$3,752,000$4,454,000

Profitability Analysis (Based on PN-Value)

Purchase Date

8 Aug 2007

Purchase Price

$3,000,000

$1,255 psf

Est. Selling Price

$4,454,000

$1,864 psf

Capital Gain

$1,454,000

2% annualized

Holding Period:18 years 7 months
Project Profitability:100% profit rateNo losses recorded

Project-Wide Profitability (Last 5 Profitable Sales)

TypeVol.Avg Buy PSFAvg Sell PSFProfit PSFAvg ProfitAnnualized
1-Bedroom1$1,333$1,874+$541+$268K2.16%
2-Bedroom3$1,420$2,124+$704+$585K3.38%
3-Bedroom1$1,596$1,922+$326+$410K1.51%
Total5$1,438$2,033+$596+$487K2.76%

Market Activity

Recent Transactions

Sales within Viz At Holland in the past 12 months

Lowest Sale

$928,000

$1,874 psf (1BR)

Average Sale

$1,730,538

$2,033 psf

Highest Sale

$2,420,000

$1,922 psf (3BR)

4-Bedroom Rarity

There are only 2 units of 4-bedroom configuration (2,390 sqft) in the entire development of 165 units. No 4-bedroom unit has transacted in the past 12 months, making this a rare opportunity in the Holland/Queensway enclave.

DateAddressUnitTypeAreaPSFPrice
23 Feb 2026221 Queensway#02-141BR495$1,874$928,000
25 Sep 2025221 Queensway#07-092BR818$2,200$1,800,000
12 Sep 2025221 Queensway#02-062BR818$2,021$1,653,000
2 May 2025221 Queensway#04-113BR1,259$1,922$2,420,000
2 May 2025221 Queensway#06-122BR861$2,150$1,851,688

Source: URA / SRX as at 29 Mar 2026

Market Comparison

Nearby Projects

4-Bedroom units within 500m — Last 12 months

Key Insight: In the Holland/Queensway enclave, freehold 4-bedroom units are exceptionally scarce. The nearby Parvis commands a premium at $2,230 psf, while Lush On Holland Hill trades at $1,434 psf for larger units. Viz At Holland's PN-Value of $1,864 psf positions it competitively among freehold developments in the CCR.

ProjectDist.TenureTOPSize (sqft)Vol.Price RangeAvg PSF
Viz At HollandFreehold20082,3900
Lush On Holland Hill169mFreehold20131,800–3,4872$3.95M–$5.0M$1,434
Hollandswood Court257m99yr19782,100–2,1311$2,250,000$1,069
Parvis268mFreehold20121,900–3,2294$4.9M–$7.2M$2,230
Fairlodge375mFreehold19992,0231$3,500,000$1,730

Source: PropNex Investment Suite, based on URA Sales data in the last 12 months

Rental Market

Rental Analysis

SRX Rental X-Value

$10,800

per month

Rental Yield

3.22%

gross rental yield

Rental Value Trends

Rental X-Value Change — Mar 2026

Your Property+0.93%
CCR Average+0.76%
Singapore Average+0.14%

Rental X-Value Change — 12 Months

Your Property+1.82%
CCR Average+2.25%
Singapore Average+1.97%

Sale Value Trends

Sale X-Value Change — Mar 2026

Your Property+1.47%
CCR Average+0.49%
Singapore Average+1.35%

Sale X-Value Change — 12 Months

Your Property0%
CCR Average+1.79%
Singapore Average+4.31%

Recent Rental Transactions

DateLocationSizeRent/mth
Feb 2026Queensway1,100–1,200 sqft$5,000
Feb 2026Queensway400–500 sqft$2,900
Feb 2026Queensway1,100–1,200 sqft$5,300
Jan 2026Queensway800–900 sqft$4,400
Jan 2026Queensway1,100–1,200 sqft$5,000
Dec 2025Queensway1,200–1,300 sqft$5,700
Dec 2025Queensway800–900 sqft$4,600
Dec 2025Queensway1,200–1,300 sqft$5,800
Dec 2025Queensway800–900 sqft$4,400
Dec 2025Queensway1,100–1,200 sqft$5,100

Source: SRX as at 29 Mar 2026

Financing

Bank Loan Rates

Current fixed interest packages for private property — as at 25 Feb 2026

Best Available Rate

1.40% fixed for 2 years

Available from HSBC and Maybank

Bank1st Year2nd YearRating
HSBC1.40%1.40%Best Rate
Maybank1.40%1.40%Best Rate
Citibank1.44%1.40%
UOB1.48%1.48%
DBS1.50%1.50%
OCBC1.50%1.50%
Standard Chartered1.70%1.70%
Hong Leong1.95%1.95%

Source: PropNex Investment Suite — Date Generated: 25 Feb 2026. Rates are indicative and subject to change.

Lifestyle & Location

Unit & Project Highlights

Unit Highlights

  • 2,389 sqft — spacious 4-bedroom layout
  • High floor unit (#12) with panoramic views
  • CCR location — Core Central Region (District 10)
  • Only 2 units of this configuration in the entire development
  • Freehold tenure — long-term value preservation

Project Highlights

  • Freehold tenure — TOP 2008 by Sim Lian Group
  • 165 units — boutique low-density development
  • Holland Village / Queensway lifestyle enclave
  • Near Holland Village MRT (0.75 km) and Commonwealth MRT (0.78 km)
  • Surrounded by reputable schools and international schools
  • Managed by Knight Frank Property & Facilities Management

Nearby Amenities

MRT Stations

  • Holland Village MRT0.75 km
  • Commonwealth MRT0.78 km
  • Farrer Road MRT1.17 km
  • Buona Vista MRT1.31 km

Schools

  • Anglo-Chinese School (International)0.39 km
  • Queensway Secondary School0.91 km
  • New Town Primary School0.98 km

Shopping & Groceries

  • The Butcher0.69 km
  • Cold Storage0.76 km
  • Little Farms0.78 km
  • Holland Village Shopping Mall0.84 km
  • One Holland Village0.93 km

Childcare

  • Global Tots Pte. Ltd.0.36 km
  • Luther Preschool0.40 km
  • PCF Sparkletots (Buona Vista)0.62 km

International Schools

  • Anglo-Chinese School (International)0.39 km
  • Melbourne Specialist International1.39 km
  • Invictus International (Dempsey)1.39 km
  • Tanglin Trust School1.69 km

Bus Connectivity

  • Queensway (105, 123, 153, 186, 855, 93)0.07 km
  • Holland Rd (106, 165, 48, 7, 75, 77)0.31 km
  • C'wealth Dr (122, 195, 195A)0.32 km

Source: PropNex Investment Suite — Amenities within 1 km radius