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New shopping mall will open in 2Q2021 at New Tech Park in Lorong Chuan

By Valerie Kor

/ EdgeProp Singapore |

March 11, 2021 1:45 PM SGT

SINGAPORE (EDGEPROP) - NTP+ Mall, a two-storey shopping mall spanning 43,000 sq ft in gross floor area, has received its Temporary Occupation Permit (TOP). It will be opening in 2Q2021 opposite Lorong Chuan MRT Station. The development is part of the ongoing Asset Enhancement Initiative (AEI) at New Tech Park. (See also: [UPDATE] NTP+ mall at New Tech Park close to 97% leased)

The mall comprises 25 retail and F&B units on the ground floor, and a food court on the second floor. Confirmed tenants include Collins, Wine Connection, Dutch Colony Coffee, Saveur Thai and D’Penyetz.

Supermarket brand Ace Signature, which specialises in international produce, will also be making its debut in Singapore at NTP+. According to Sabana Real Estate Investment Management, 83.4% of the units have been leased out as of March 10, including the food court space on the second floor.

Donald Han, CEO of the manager of Sabana Shari’ah Compliant Industrial Real Estate Investment Trust, says, “The AEI at NTP underscores our focus to rejuvenate and sharpen our portfolio offerings as part of our refreshed strategy, by providing a vibrant ‘Work, Learn and Entertainment’ environment for our tenants and the surrounding community. For the REIT, the opening of NTP+ will strengthen NTP’s reputation as a preferred business park address.”

Check out the latest listings near NTP+ Mall, Lorong Chuan MRT Station

Tags:

New Tech Park shopping mall Lorong Chuan NTP+ Mall Lorong Chuan MRT Station F&B units Ace Signature Sabana Real Estate Investment Management Donald Han Capital Industrial REIT

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