Sheng Siong buys new property in New World Centre for $17m

To date, the purchase is 10% paid.

Sheng Siong recently announced the purchase of a new property at the New World Centre for a total of $17.25m from Sino Holdings.

The property is a strata-titled shop on the basement 1 floor of the 3-storey New World Centre commercial building.

It has a floor area of approximately 1,790 square metres, with a leasehold tenure of 99 years commencing from 31 March 1994.

It is close to the historic district of Little India and Jalan Besar MRT Station, which gives it easy access to several highways and public transportation.

To date, the purchase is 10% paid with a deposit of $1.725m. Payment will continue through cashier’s order upon completion of adjustments to reflect any apportionment of land rent, property tax, expenses, outgoing and levies, rents and profits payable by the company upon completion.

Follow the link for more news on

Sheng Siong

Retail

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia