{"id":82202,"date":"2025-02-04T23:25:40","date_gmt":"2025-02-04T15:25:40","guid":{"rendered":"https:\/\/www.99.co\/singapore\/insider\/?p=82202"},"modified":"2025-09-12T13:16:17","modified_gmt":"2025-09-12T05:16:17","slug":"tan-boon-liat-sale-rezone","status":"publish","type":"post","link":"https:\/\/www.99.co\/singapore\/insider\/tan-boon-liat-sale-rezone\/","title":{"rendered":"Tan Boon Liat Building Sale and Rezoning: What You Need to Know"},"content":{"rendered":"
<\/div>

Tan Boon Liat Building<\/a>, a well-known commercial property located along Outram Road<\/a>, has been put up for collective sale at a price of $1.15 billion. This move has sparked considerable interest due to its potential rezoning. The building will change from its current Business 1 classification to a mixed-use residential and commercial property.<\/p>\n

The Urban Redevelopment Authority (URA)<\/a> has indicated it may support the proposed rezoning, thus altering the landscape of this prime location. If successful, the rezoning would increase the allowable gross floor area (GFA) of the building. This would open up new possibilities for residential and commercial use, which we know will interest all the property seekers on 99.co.<\/p>\n

So, let’s dive in!<\/p>\n

<\/p>\n

\n

Table of Contents<\/h3>\n
    \n
  • Why is Tan Boon Liat being rezoned?<\/a><\/li>\n
  • Neighbourhood overview<\/a><\/li>\n
  • Nearby amenities<\/a><\/li>\n
  • What the future holds<\/a><\/li>\n<\/ul>\n<\/div>\n

    Why is Tan Boon Liat being rezoned?<\/h2>\n

    The decision to rezone<\/a> Tan Boon Liat Building stems from Singapore\u2019s ongoing efforts to maximise land use efficiency and respond to the increasing demand for residential and mixed-use properties in city fringe areas. The URA’s outline planning advice highlights the potential for creating a vibrant, mixed-use development that can integrate residential units with commercial spaces.<\/p>\n

    One of the key motivations behind the rezoning is the building\u2019s prime location in the Outram district<\/a>, which has seen substantial growth in both residential and commercial activities. With the increasing popularity of living in city fringe areas, coupled with the demand for modern, integrated developments, rezoning offers an opportunity to meet these market needs while capitalising on the site\u2019s strategic positioning.<\/p>\n

    Furthermore, the potential for a 50% uplift in gross floor area (GFA)<\/a> through rezoning will allow developers to make better use of the land. This increase in plot ratio is particularly advantageous, as it opens the door to larger developments that combine residential living with commercial use. The ability to build taller structures\u2014up to 180 meters\u2014also plays a role in meeting Singapore\u2019s high-density urban planning goals.<\/p>\n

    This shift would support both residential and commercial needs, offering a balanced and sustainable living environment, while also benefiting businesses and visitors to the area.<\/p>\n