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Steven Tan | Colliers | Singapore

Steven Tan

Executive Director

Steven has over 25 years in the real estate business and progressed through various roles in this industry from property management to valuation and auction then into investment sales to leading the  non-institutional capital markets – added to his original role as head of the auction team in Colliers Singapore.

Steven is known to preserve a close relationship with his clientele who are High Net-worth individuals - known in the local as Tow Kay (big boss in local dialect), investors from all walks of life and business partners big and small, making him the leading choice to head the non-institutional capital markets.

Steven was lauded for brokering the first freehold industrial sale in the year 2020 for 190 Macpherson Road at $88m. His other notable and worth-mentioning deals include the collective sale of 2-24 Phoenix Road at $42.6M which was sold above its reserved price and another industrial building (food factory) at 200 Pandan Loop at $56.8M.

Steven also qualified as a licensed appraiser with the Inland Revenue Authority of Singapore, a member of Singapore Institute of Surveyors and Valuers (MSISV) and member of Royal Institute of Chartered Surveyor (MRICS).

+65 6531 8584
+65 9383 3678
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About Me

Steven has over 25 years in the real estate business and progressed through various roles in this industry from property management to valuation and auction then into investment sales to leading the  non-institutional capital markets – added to his original role as head of the auction team in Colliers Singapore.

Steven is known to preserve a close relationship with his clientele who are High Net-worth individuals - known in the local as Tow Kay (big boss in local dialect), investors from all walks of life and business partners big and small, making him the leading choice to head the non-institutional capital markets.

Steven was lauded for brokering the first freehold industrial sale in the year 2020 for 190 Macpherson Road at $88m. His other notable and worth-mentioning deals include the collective sale of 2-24 Phoenix Road at $42.6M which was sold above its reserved price and another industrial building (food factory) at 200 Pandan Loop at $56.8M.

Steven also qualified as a licensed appraiser with the Inland Revenue Authority of Singapore, a member of Singapore Institute of Surveyors and Valuers (MSISV) and member of Royal Institute of Chartered Surveyor (MRICS).

Steven is a qualified auctioneer and had previously conducted various auctions, including:

- chattel auctions for the Official Receiver and Assignee under the Ministry of Law;

- property auctions on behalf of individuals and banks;

- plants and machinery auction; and

- auctions on behalf of pawnshops for unredeemed pledges under the instruction of the Registry of Pawnbrokers.

Since 2004, Steven has been with the Investment Sales division and had successfully transacted many enbloc sales.

A Licensed Appraiser with Inland Revenue Authority of Singapore.

Property Type

Hotels, Industrial, Land, Multifamily, Retail

Steven has good relationship with Roxy Pacific Holdings Ltd, Tuan Sing Holdings, Far East Organisation, BBR Holdings, Hiap Hoe Ltd, Team Build, Evan Lim & Co, Ascendas REIT, Capitaland, Heap Seng Group, Crescendas Group, Silkroad Property Partners, 8M Real Estate, Alpha Investment, DWS  Investments, SH Lim Architects, Wee Hur  Holdings Ltd, Jun Jie Development, Qingjian Realty, DBS Bank, OCBC Bank, Maybank, UOB Bank, among others.

Some of the deals which Steven were involved with are as follows:

- 190 Macpherson Road - Industrial Building (USD 66 million)

- enbloc residential sale of No 2 to 24 Phoenix Road (USD 31 million)

- 200 Pandan Loop, food factory (USD 41.4 million)

- enbloc sale of Serene House (USD 72.2 million)

- Vacant Land at Kim Seng Road (USD 239.8 million)

Education

The University of Reading - ​Bachelor of Science  (B.Sc), Estate Management

Ngee Ann Polytechnic - Diploma, Building Management

​​

Memberships & Involvements

Member of Royal Institute of Chartered Surveyors (MRICS)

Member of Singapore Institute of Surveyors and Valuers (MSISV)

Featured Research

Jul 21, 2021

Singapore property investment sales back to pre-Covid levels | Investment Sales Q2 2021

Investors took a long term view amid more restrictive Covid measures and expect sales to remain strong in the coming quarters, supported by Singapore's safe-haven status, pro-business environment and economic growth.
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Apr 15, 2021

Growing investment momentum | Investment Sales Q1 2021

Colliers Research reports improving investor sentiments and expects stronger sales in the coming quarters recovering to pre-Covid levels, supported by Singapore' safe-haven status, pro-business environment and economic growth. Download Colliers' quarterly report on the real estate investment sales market in Singapore for Q1 2021 as we examine the latest shifting trends, with expert recommendations and outlook for real estate investors.
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Mar 30, 2021

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Colliers discusses the rise in demand for strata offices and shophouses, with the rising affluence of Asia and Singapore's increasing popularity as a wealth management hub.
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Featured News

May 25, 2021

Investors sharpen their focus on Singapore

Nicholas Wilson was recently interviewed by CNA Money Mind which helps us understand why commercial and industrial is a bright spot in the Singapore property market.
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Mar 30, 2021

Rising wealth hub drives demand for prime shophouses and strata offices

Colliers discusses the rise in demand for strata offices and shophouses. Read more about City Gems report here.
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Steven Tan | Colliers | Singapore

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