Freehold Tan Boon Liat Building Site for Sale at S$1.15 Billion – A Rare Residential Redevelopment Opportunity in Prime District
Singapore’s property market is abuzz with the latest prime district listing: the iconic Tan Boon Liat Building has been put up for sale at a staggering S$1.15 billion, presenting an exceptional freehold property investment opportunity. Situated along Outram Road, this landmark site may soon be transformed into a high-end residential redevelopment project, further elevating its value in the thriving real estate landscape.
Prime Location with High Redevelopment Potential
The Tan Boon Liat Building sits strategically in a sought-after location, surrounded by luxury condominiums, vibrant lifestyle hubs, and excellent connectivity. Nestled near the Zion Road Condo and River Green site and minutes away from Great World City, this property is primed for transformation. With the Urban Redevelopment Authority (URA) potentially approving a zoning change from commercial to residential, developers have a golden opportunity to craft an exclusive, high-end freehold condominium in Singapore.
Why This Sale Matters for Property Investors
- Rare Freehold Status – With the scarcity of freehold property in Singapore, this listing is expected to draw significant interest from institutional investors and developers.
- High Rental Demand – Given its proximity to Robertson Quay, Great World MRT, and Singapore River, a future residential redevelopment will cater to expatriates and affluent buyers seeking upscale urban living.
- Strategic Investment Opportunity – The anticipated rezoning could enhance the plot’s value significantly, making it a lucrative long-term investment.
The Future of Residential Developments
The potential transformation of the Tan Boon Liat Building aligns with Singapore’s urban renewal strategies, echoing the upcoming Zion Road Condo and River Green project and other high-profile developments in the area. Investors eyeing this prime district property for sale should act swiftly, as demand for luxury residential redevelopment in Singapore continues to surge.
With its prime location, freehold tenure, and potential residential redevelopment, the Tan Boon Liat Building sale marks one of the most significant Singapore property investment opportunities in recent times. Developers looking to secure a slice of the high-end real estate market should move quickly before this rare asset is snapped up.
