20 Shaw Road
The Group acquired the 20 Shaw Road building in April 2025.
The en-bloc acquisition is part of our strategy to seek underutilised or ageing assets with potential for redevelopment, retrofitting or other asset enhancement initiatives. The building sits on a 4,581 square metre freehold site within walking distance of Tai Seng MRT, offering excellent connectivity and long-term redevelopment potential.
We intend to either redevelop this property into an 8-storey ramp-up strata food factory or explore redeveloping this property into a ramp-up strata food factory with a workers' dormitory which is subject to URA's approval. In March 2025, the Group has obtained approval to construct a multi-user ramp-up strata food factory featuring a central kitchen, food processing and production and cold storage with ancillary industrial canteen.
Project Details:
| Location | 20 Shaw Road |
| Zoning | Business 1 |
| Tenure | Freehold |
| Proposed/Estimated GFA | 12,759 sqm |
| Estimated GDV* | S$235.4 million |
| Targeted Completion Date | 3Q2028 |
| Nearby Amenities |
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| Nearest MRT |
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*Based on latest valuation report
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