CommercialBUSINESS 1FreeholdDistrict 3 · Bukit Merah

Tan Boon Liat Building

Reviewed by Nathan TangUpdated 10 August 2026Data through Oct 2005
Quick Summary

Tan Boon Liat Building is a commercial building in District 3 · Bukit Merah, on land zoned BUSINESS 1 under the URA Master Plan with a gross plot ratio of 3.1. It is freehold. 7 transactions are on record since 1995, most recently in Oct 2005. 20 units are currently listed for sale or rent. ACRA records 249 live company registrations at this address.

1

What are the key facts about Tan Boon Liat Building?

Key takeawayTan Boon Liat Building is a commercial building in District 3 · Bukit Merah, zoned BUSINESS 1, held freehold.
Asset class
Commercial
Land-use zone
BUSINESS 1
Gross plot ratio
3.1
Tenure
Freehold
District / Area
District 3 · Bukit Merah
Address
315 Outram Road
Land area
13,104 sqm
Transactions on record
7 (records start 1995)
Live listings
20
ACRA registrations
249
2

About Tan Boon Liat Building

Tan Boon Liat Building is a commercial building in Bukit Merah (District 03). It is located along Outram Road, Singapore 169074.

Under the URA Master Plan it sits on land zoned business 1 with a gross plot ratio of 3.1.

The site is freehold. It occupies roughly 13,104 sqm of land with about 40,622 sqm of gross floor area.

7 transactions have been recorded here, at a median of S$670 psf. The most recent was in October 2005.

249 businesses are currently registered at this address with ACRA.

The nearest MRT is Havelock MRT, 118 m away (about a 2-minute walk). The closest bus stop (Havelock Stn Exit 2) is 86 m away (about a 1-minute walk). Great World is 692 m away (about a 11-minute walk).

3

What is Tan Boon Liat Building zoned as?

Key takeawayTan Boon Liat Building sits on land zoned BUSINESS 1 with a gross plot ratio of 3.1.
Land-use zone
BUSINESS 1
Gross plot ratio
3.1
Urban design area
Zion Road/ Havelock Road Ud Area

Run the full zoning report for this building →

4

What has Tan Boon Liat Building sold for?

Key takeaway7 transactions are on record since 1995, most recently in Oct 2005 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Oct 2005OfficeS$630k1,604 sqft$393
Apr 2001OfficeS$2.00M4,446 sqft$451
Jun 1997OfficeS$2.20M2,885 sqft$764
Jun 1997OfficeS$3.63M4,176 sqft$870
Apr 1996OfficeS$2.98M4,446 sqft$670
Jan 1996OfficeS$1.13M1,593 sqft$710
Sept 1995OfficeS$980k1,593 sqft$615

URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like.

5

How does Outram Road price?

Key takeawayAcross 26 strata sales on Outram Road in the last 5 years, the median is $1,729 psf.
Strata sales on the street (5y)
26
Street median PSF (strata)
$1,729

Street figures cover strata deals only — land and strata PSF are not comparable.

6

What do commercial rents run near Tan Boon Liat Building?

Key takeawayURA publishes contracted-rent percentile grids quarterly (latest: 2026Q2) — the benchmark evidence an asking rent should be weighed against.

Indicative area yield — District 3 retail

Gross yield (area)
3.4%
3.0% net of property tax
Rent side (median of bands)
$97.35 psm/mo
2026Q2
Price side (strata, 5y)
$3,219 psf
39 sales

An INDICATIVE AREA yield for District 3 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.

Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.

Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.

Retail rents — District 3 ($ psm/month, 2026Q2)

Floor level · size band25th pctMedian75th pct
Level 1 · 30 & Below$95.98$132.22$183.14
Level 2 & 3 · 30 & Below$78.58$97.35$120.88
Level 1 · >30 - 100$79.82$93.70$105.25
Level 2 & 3 · >30 - 100$56.17$57.32$67.43
Level 2 & 3 · >100 - 300$169.34$207.58$229.29

URA REALIS rental-contract percentiles for the district/location — an area benchmark, not this building's own rents. Office and retail are dimensioned differently and are never mixed.

7

What is available at Tan Boon Liat Building right now?

Key takeaway20 units are currently listed at Tan Boon Liat Building4 for sale and 16 for rent. One row per unit; several agents often market the same unit.

For sale (4)

  • Tan Boon Liat Building2 agentsS$3.79M · 1,593 sqft
  • Tan Boon Liat Building2 agentsS$4.78M · 1,593 sqft
  • Tan Boon Liat BuildingS$4.77M · 1,593 sqft
  • Tan Boon Liat Building4 agentsS$9.50M · 4,145 sqft

For rent (16)

  • Tan Boon Liat BuildingS$7k/mo · 1,600 sqft
  • Tan Boon Liat Building2 agentsS$11k/mo · 4,446 sqft
  • Tan Boon Liat BuildingS$13k/mo · 4,446 sqft
  • Tan Boon Liat BuildingS$17k/mo · 4,176 sqft

Browse every listing at this building →

8

What is near Tan Boon Liat Building?

Key takeawayThe nearest MRT/LRT is Havelock MRT, about 119 m away.

Getting around

Amenities nearby

Hotel · 67 mHavelock MRT Exit 2 · 85 mHavelock Stn Exit 2 · 86 mPlace Of Worship · 197 mEducational Institution · 307 mMedi Clinic · 344 mFassler Gourmet Pte Ltd · 346 mTiong Bahru Market · 365 mKim Seng Community Centre · 437 mGanges Ave Os · 438 m

Straight-line distances. Source: PropKaki amenities data.

9

How many companies are registered at Tan Boon Liat Building?

Key takeawayACRA records 249 live company registrations at this address, 41 of them in the last three years.
Live registrations
249
Registered last 3 years
41
Most common type
Local Company

Company REGISTRATIONS at this address (ACRA), not a tenancy schedule. Registration does not mean the company physically occupies space here, and a low count does not mean the building is empty. Do not describe this as occupancy or vacancy.

10

Frequently asked questions about Tan Boon Liat Building

Where is Tan Boon Liat Building?

Tan Boon Liat Building is at 315 Outram Road, Singapore 169074, in the Bukit Merah planning area.

What is Tan Boon Liat Building zoned as?

Tan Boon Liat Building sits on land zoned business 1 under the URA Master Plan, with a gross plot ratio of 3.1.

What is the tenure of Tan Boon Liat Building?

Tan Boon Liat Building is freehold.

What have units at Tan Boon Liat Building sold for?

Across 7 recorded transactions, the median price is S$670 psf. The latest was in October 2005.

What is the nearest MRT station to Tan Boon Liat Building?

Havelock MRT is the closest, 118 m away (about a 2-minute walk).

How many businesses are registered at Tan Boon Liat Building?

249 businesses are currently registered at this address with ACRA. That is a measure of registered addresses, not of how many businesses physically occupy the building.

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