New Lifestyle Mall @ New Tech Park
F&B / Kiosk Space to takeover
NTP+ is a two-storey lifestyle mall spanning approximately 43,000 square feet (“sq ft”) of gross floor area, comprising 25 retail and food and beverage (“F&B”) units on the ground floor, and a foodcourt on the second level. It is part of the ongoing Asset Enhancement Initiative (“AEI”) at NTP. Located opposite Lorong Chuan MRT station, the mall serves NTP’s office population, as well as the neighbouring residential community and schools.
Despite the pandemic, NTP+ has been well received by tenants, which saw strong take-up since marketing commenced in 1Q 2020. As at 10 March 2021, approximately 80.2% of units on level 1 have been taken up. The food court on the 2nd floor has been leased. This brings total occupancy for the entire NTP+ to 83.4% currently. Another 13.5% of units are under offer.
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