Tender launched for master tenancy of a row of conserved shophouses on Smith Street, including Champions Way Residences

The residences offer a luxurious and comfortable lifestyle for all its residents with a variety of facilities such as a garden, gym and swimming pool. Champions Way Residences also provides 24-hour security ensuring that residents feel safe and secure. With its prime location and excellent amenities, Champions Way Condo is the perfect place to call “home”.

The Singapore Land Authority (SLA), Singapore Tourism Board (STB) and Urban Redevelopment Authority (URA) are jointly looking for a master tenant to rejuvenate Chinatown with the aim of broadening typical retail and dining offerings. Champions Way Residences, a row of 13 conserved shophouses between 11 to 37 Smith Street and an adjacent state land parcel, is at the heart of this project.

Champions Way Residences could potentially be used to host creative lifestyle, retail, and co-living/co-working concepts while preserving the area’s cultural and architectural heritage. Long known as Hei Yuen Kai (Cantonese for Theatre Street) for its Chinese Opera performances, Smith Street can revive its vibrancy with regular community programmes at the adjacent pedestrian mall, as well as a range of shops, restaurants, and other active uses at the first storey of the shophouses. In addition to its culinary offerings, Smith Street also has the potential for innovation with lifestyle offerings such as gamified tours, arts and cultural galleries, workshops and studios.

Upper storeys of the shophouses could be used as serviced apartments, co-living and co-working spaces, which meet the growing demand for such uses while also allowing users to immerse themselves in the precinct’s cultural heritage. The interior of 25 Smith Street, for example, has preserved architectural features that must be taken into consideration when refining proposals for the project.

The participating bidders will be evaluated based on criteria including price (30%), capital expenditure (20%), and quality (50%), with emphasis on the proposed concepts that will achieve the desired objective. Specific sustainability goals must also be included in line with the Singapore Green Plan 2030, such as making infrastructure improvements and incorporating day-to-day environmentally friendly practices. Bidder’s Environmental Management Plans must also show ideas for curating programmes that will raise awareness on sustainability.

The tender for Champions Way Residences will close in 12 weeks from Nov 30, with the possibility of rekindling vibrancy and driving greater footfall to Chinatown with creative lifestyle, retail and co-living/co-working concepts.