Commercial

Knight Frank Announces S$121.8 Million Collective Sale of 153 Kampong Ampat

Keith Tan Boon Kee  |  ERA Division Director  |  06 Nov 2026
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Reported 6 November 2026.

Knight Frank Singapore has announced the collective sale of 153 Kampong Ampat in Tai Seng for S$121.8 million. The firm, which acted as exclusive marketing agent, shared the news on its company LinkedIn page on 5 November 2026.

According to the broker, the freehold site holds a seven-storey multi-user industrial building on approximately 43,354 sq ft of land.

The announced price is S$16.8 million, or 16%, above the S$105 million guide price Knight Frank set when it launched the tender on 28 September 2026. The tender was scheduled to close on 23 October.

What the figure means

A guide price is a benchmark set at launch to frame bids. It is not a valuation or a price index. The gap between the guide and the announced figure reflects this one tender only and should not be read as a measure of wider industrial prices.

Sources and references

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Estimates only, not guaranteed, figures may change. Keith Tan Boon Kee, CEA Reg No. R003793E, ERA Realty Network.