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Moving to Holland Village, Singapore | Expat Exchange
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Moving to Holland Village

By Betsy Burlingame

Last updated on Jul 03, 2024

Summary: Moving to Holland Village, Singapore? Expats talk about what you need to know before moving to Holland Village.

Universal Tax Professionals
Universal Tax Professionals
Universal Tax Professionals
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What do I need to know before moving to Holland Village?

When we asked people what advice they would give someone preparing to move to Holland Village, they said:

"Holland Village is a popular destination for expats due to its vibrant mix of local and international cultures. It is known for its lively nightlife, with a variety of bars, restaurants, and cafes to choose from. The area is also home to a number of international schools, making it a great choice for families with children. The cost of living in Holland Village is relatively high, with rent prices being particularly steep. However, the area offers a range of housing options, from high-rise apartments to landed properties. It's important to note that while the area is generally safe, it's still necessary to take basic safety precautions, especially at night. Public transportation in Holland Village is convenient, with the Holland Village MRT station providing easy access to other parts of Singapore. There are also several bus services that run through the area. However, traffic can get quite congested during peak hours, so it's advisable to plan your commute accordingly. English is widely spoken in Holland Village and throughout Singapore, so language is not likely to be a barrier. However, learning a few basic phrases in Mandarin or Malay can be helpful. Holland Village is known for its hot and humid climate, so it's advisable to dress in light, breathable clothing. The area is also prone to heavy rainfall, especially during the monsoon season, so it's a good idea to always carry an umbrella. Healthcare in Singapore is of a high standard, and there are several medical facilities in and around Holland Village. However, it's important to have comprehensive health insurance, as medical costs can be high. The area is also home to a number of supermarkets and specialty stores, making it easy to find both local and international products. The Holland Village Market and Food Centre is a popular spot for fresh produce and local cuisine. Lastly, Holland Village has a strong sense of community, with numerous events and festivals taking place throughout the year. It's a great place to meet new people and immerse yourself in the local culture," said one expat who made the move to Holland Village.

How do I find a place to live in Holland Village?

We asked expats how they chose their neighborhood and found a place to live. They answered:

"Finding a place to live in Holland Village involves several steps. First, you need to determine your budget. The cost of living in Holland Village can be quite high, so it's important to know what you can afford before you start looking. Next, decide on the type of accommodation you want. Holland Village offers a range of options, from high-rise condominiums to low-rise apartments and landed houses. Once you have a clear idea of what you're looking for, you can start your search. There are several online property portals that list available properties in Holland Village, such as PropertyGuru, 99.co, and SRX Property. These websites allow you to filter your search based on your preferences, such as the type of property, number of bedrooms, and price range. You can also engage a real estate agent to help you in your search. They can provide you with expert advice and access to properties that may not be listed online. When you find a property that you're interested in, arrange a viewing. This will give you a chance to inspect the property and the surrounding area. If you're satisfied with the property, you can make an offer. In Singapore, this usually involves paying a deposit and signing a Letter of Intent. Once your offer is accepted, you'll need to sign a Tenancy Agreement and pay the remaining deposit. The Tenancy Agreement will outline the terms and conditions of your lease, including the rental period and monthly rent. Finally, once all the paperwork is completed, you can move into your new home in Holland Village," said one expat who made the move to Holland Village.

What is a typical expat home or apartment like in Holland Village?

"Holland Village in Singapore is a popular residential area for expats, known for its blend of local and international cultures. A typical expat home or apartment in this area is often a high-rise condominium, equipped with modern amenities such as a swimming pool, gym, and security services. These homes are usually spacious, with multiple bedrooms, a fully equipped kitchen, and a living room with a dining area. The apartments are often furnished with contemporary furniture and have large windows that allow plenty of natural light. Some homes may also feature a balcony or a small outdoor area. The interior design usually reflects a blend of Western and Asian influences, with a focus on comfort and functionality. The location of these homes is also a significant factor, as Holland Village is known for its accessibility and vibrant lifestyle. It's common for these homes to be within walking distance of shops, restaurants, cafes, and public transportation. Despite being in a bustling area, the residential spaces offer a sense of tranquility and privacy. In terms of services, it's common for these apartments to offer cleaning and maintenance services. Some may also offer additional features like a private parking space. Overall, a typical expat home in Holland Village, offers a comfortable, convenient, and cosmopolitan living experience," said one expat who made the move to Holland Village.

What is the average cost of housing in Holland Village?

If you are thinking about moving to Holland Village, cost of living in probably a key consideration. Expats commented about the cost of housing:

"The average cost of housing in Holland Village, can vary greatly depending on the type of property. For instance, a condominium unit in this area can cost an average of SGD 1.5 million to SGD 2 million. On the other hand, a landed property can cost significantly more, with prices often exceeding SGD 10 million. Rental prices also vary, with a one-bedroom apartment typically costing around SGD 2,500 to SGD 3,500 per month, while larger units can command monthly rents of SGD 7,000 or more. However, these prices can fluctuate based on factors such as the property's size, condition, and proximity to amenities," said one expat in Holland Village.

Should I buy or rent a home in Holland Village?

If you have not spent a lot of time in Holland Village, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:

"The decision to buy or rent a home in Holland Village, largely depends on your personal circumstances, financial situation, and long-term plans. If you are planning to stay in Singapore for a long period, buying a home could be a good investment. Owning a property in Holland Village, a popular and vibrant neighborhood, could potentially yield significant returns in the future. However, buying a home requires a substantial financial commitment. You would need to consider the upfront costs, such as the down payment, stamp duty, and legal fees, as well as ongoing costs like mortgage repayments, property taxes, and maintenance fees. If you are not ready for this financial commitment, or if you prefer to have more flexibility and mobility, renting might be a better option. Renting a home in Holland Village allows you to live in a desirable location without the hefty financial commitment of buying. It offers more flexibility, which is ideal if you are unsure about your long-term plans. You can easily move if your circumstances change, or if you decide you want to live in a different part of Singapore. However, renting also has its downsides. You won't build equity as you would if you were paying off a mortgage, and you'll be subject to the whims of your landlord and potential rent increases. In conclusion, the decision to buy or rent a home in Holland Village, Singapore, should be based on your financial situation, lifestyle preferences, and long-term plans. It's advisable to consult with a financial advisor or real estate professional to help you make the best decision," remarked one expat who made the move to Holland Village.

What cultural faux pas should I try to avoid making in Holland Village?

We asked people in Holland Village if they could share any humorous cultural blunders they commited. For new expats, keep in mind that these incidents are an inevitable part of expat life. Learning to laugh about them is the key!:

"In Holland Village, it's important to avoid littering as it's considered disrespectful and can also result in heavy fines. It's also considered rude to chew gum in public, as it's actually banned in Singapore. When using public transportation, always give up your seat to the elderly, pregnant women, or those with disabilities. Avoid discussing sensitive topics such as politics and religion, as Singapore is a multicultural society with diverse beliefs. When dining, don't start eating until the eldest person at the table has begun. Also, tipping is not customary in Singapore, so there's no need to leave extra money at restaurants. Lastly, always respect the local customs and traditions to avoid offending anyone," remarked one expat in Holland Village, Singapore.

About the Author

Betsy Burlingame Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.

Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.

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SJB Global

SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
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SJB GlobalSJB Global

SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
Learn More

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