New Tech Park Upcoming Lifestyle Mall – Retail, F&B/ Gym Space For Rent
Located just opposite of Lorong Chuan MRT, New Tech Park is currently a high specs industrial office building tenanted mostly by media telecom, financial technology companies, etc. The premise serves as regional and global Head Quarter for 70% of prestigious multinationals corporations (MNCs) tenants such as Nickelodeon, HBO, Lenovo, Epsilon, Fuji Electric, and many more.To provide more accessibility and convenience to existing tenants and the surrounding residents, New Tech Park is currently undergoing a renovation work to extend the current building to incorporate a new 2-storey lifestyle mall fronting Lorong Chuan road.
The 1st phase of Asset Enhancement Initiatives (AEI) exercise for this building will be completed by 1st quarter 2021. The enhancement works will be conducted progressively in order to minimize inconveniences to existing tenants who will continue to operate in the building with minimal disruption. By early 2021, tenants can look forward to the new extension retail and exciting F&B options.
The newly revamped New Tech Park is set to expand to house more than 40,000 sqft of fresh retail, gym, supermarket, and new F&B space. Expected to be completed in Q1 2021, the fresh new lifestyle mall will feature supermarket, gym, beauty & health, enrichment, conveniences store, and food court. The front part office Lobby A will also be upgraded with an upclass office look commonly found in CBD office for lease. New Tech Park business office space for rent also provides mega facility like an auditorium that has 600 pax seater capacity and are mostly booked for weekend event especially by the church goers. Tenants of New Tech Park are welcome to book and hold their mega functions at the new auditorium.
Available retail and cafe and enrichment space for rental from 800 – 1000 sft are available with asking rental rates of $10 – $13 psf (negotiable). Smaller F&B kiosks with water point around 230 sft are also available. Please provide a marketing concept for rental proposal for landlord’s evaluation. Please call leasing hotline to enquire.
New Tech Park is also a high-tech B1 industrial building that provides a good specifications for companies that would like to have an office-cum-warehouse / production space in area near to heartland, MRT with convenience of amenities. Typical office space for rent at New Tech Park range from 3,000 – 40,000 sft with asking rental rates of $3.60 – $3.80 psf.