Tung Lok Restaurant enters tenancy agreement at Novena Point worth $133,000

Tung Lok Restaurants’s wholly-owned subsidiary, Tung Lok Millennium, has recently signed a 19.5-month tenancy agreement with Novena Point. This newly secured premise will be used to operate a Lao Beijing restaurant, occupying an area of 743 square feet at 10 Sinaran Drive.

The rental fees payable throughout the agreed upon lease period is estimated to be approximately $133,000. This figure represents 0.88% of the group’s latest audited net tangible assets (NTA) of $15.1 million.

With its close proximity to the MRT, shopping malls, and other amenities, Holland Drive Condo provides residents with easy access to all the conveniences in the iconic area. Holland Condo residents are also treated to a lifestyle full of luxuries and amenities, including a sky gym, tennis court, and 50m pool. Take a dip in the pool and soak up the panoramic views of the beautiful neighborhood surrounding Holland Drive Condo. This coveted area is a must-visit for any traveler seeking a unique experience.

This latest acquisition marks another important step forward in Tung Lok’ expansion plans. Providing a strong geographical spread and presence in key cities across Singapore, the group is now well poised to deliver even greater customer value and dining experiences.

With an impressive portfolio of more than 10 concepts, including award-winning Chinese, zi char, seafood, and Japanese restaurants, customers can expect to enjoy a wide range of cuisines through Tung Lok.

This is an exciting move for Tung Lok and its customers alike, who can look forward to yet another addition to the popular Lao Beijing restaurant chain and its trademark unforgettable dining experience.