Skip to content
TRIBE

Industrial Directory · Factory · District 3

Tan Boon Liat Building

4 sales from Nov 2021 to May 2023, at a median $1,692 psf (Nov 2021 to May 2023). Freehold.

District 3 At a glance

Median psf, all sales
$1,692
Sales since Nov 2021
4
Latest sale, May 2023
$2,323 psf
Tenure
Freehold

Buying or selling at Tan Boon Liat Building?

Leave your details. We'll WhatsApp you the units on the market here and what yours could fetch.

By sending this you agree to be contacted by TRIBE about it. No spam, no list-selling. Privacy Policy

Median psf by year Price trend

YearUnit salesMedian psf
2021(part year)1$1,604
20222$1,692
20231$2,323

A median moves with which units sold that year (floor, size, ramp-up or ground-floor units), and the lease shortens every year, so a small year can swing.

4 sales Every sale

DateTypeLevelSq ftPricePsfLease leftSaleSeller boughtProfitA year
19 May 2023Factory11,593$3,700,000$2,323FreeholdResale–––
18 Oct 2022Factory14,446$7,700,000$1,732FreeholdResale–––
10 Jan 2022Factory41,604$2,650,000$1,652FreeholdResale–––
11 Nov 2021Factory64,176$6,700,000$1,604FreeholdResale–––

URA Realis caveats via Huttons, to 6 Oct 2026. Sq ft is the strata area. Lease left is in years at the date of sale. Profit is the sale price less the seller's purchase price, before stamp duty, GST and fees; “a year” is that gain as a yearly rate over the time held. Unit numbers are left out.

Tan Boon Liat Building Questions

How much does a unit at Tan Boon Liat Building cost?

4 unit sales at Tan Boon Liat Building from Nov 2021 to May 2023 went for $1,604 to $2,323 psf, a median $1,692 psf on units of 1,593 to 4,446 sq ft. The latest, in May 2023, was $3,700,000 for 1,593 sq ft ($2,323 psf).

How much lease is left at Tan Boon Liat Building?

Most sales here are on a freehold title, so the unit does not lose value as a lease runs down. The sales are factory units in District 3 (Rest of Central Region). Industrial units carry no Additional Buyer’s Stamp Duty, cannot be bought with CPF and must be used for an approved industrial activity.

Thinking of buying here to rent out? Check the yield and break-even in the Commercial Deal Check.