Why Holland Village is floundering

“To me, as a business owner, I have to be optimistic,” says Dasmond Gan, owner of V Lounge Bar along Lorong Mambong.

Amidst rising costs, changing consumer habits and stiff competition, Holland Village is struggling to return to its heyday as a bustling nightlife spot. Tenants, both old and new, are feeling the pinch, but some remain bullish about the enclave’s revival.