Several furniture retailers located in the Tan Boon Liat Building are exploring options to relocate together to a single venue if the property’s collective sale proceeds. The building on Outram Road is widely recognized as a major commercial hub for home furnishings and interior decor shops. Business owners favor a joint move to maintain the commercial synergy of operating within a single furniture cluster, which consistently draws targeted customer foot traffic.
- Tan Boon Liat Building is currently undergoing a collective sale (en bloc) process.
- Multiple furniture store owners are keen on finding a common alternative location to relocate collectively.
- Retailers emphasize that maintaining a concentrated cluster of home decor shops helps attract steady customer traffic.
- Final relocation decisions remain pending as the collective sale process continues to unfold.
Based in Singapore, CNA (Channel News Asia) covers global developments with an Asian perspective, with correspondents based in major cities across Asia, including Kuala Lumpur, Jakarta, Bangkok, Tokyo, Seoul and Beijing, as well as in New York, Washington D.C. and London.
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The developer is China Conglomerate 🥱
CNN got happy package or not?