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Tan Boon Liat Building up for second collective sale at reduced $1 bil asking price

Jovi Ho
Jovi Ho • 3 min read
Tan Boon Liat Building up for second collective sale at reduced $1 bil asking price
Frequented by furniture buyers, the freehold 15-storey industrial warehouse and showroom landmark at 315 Outram Road has been launched for a fresh public tender below the $1.15 billion asking price in February 2025. Photo: Cushman & Wakefield
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Tan Boon Liat Building is up for a second collective sale close to a year after its first push achieved over 80% consensus but ended with no bids.

Frequented by furniture buyers, the freehold 15-storey industrial warehouse and showroom landmark at 315 Outram Road has been launched for a fresh public tender at a reserve price of $1 billion, lower than the $1.15 billion asking price in February 2025.

The site sits above the Havelock MRT Station on the Thomson-East Coast Line and has a total site area of 13,103.8 sqm (or 141,048 sq ft), comprising two separate land plots.

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