So why commit now?
The business is generating the cash to fund it....On 13 July 2026, Sheng Siong Group Ltd (SGX: OV8) broke ground on a new Integrated Headquarters and Distribution Centre in Sungei Kadut.
At S$520 million, it is the largest investment the supermarket operator has made in its history.
The scale is deliberate.
The new facility will sit on a site about two and a half times the size of Sheng Siong’s existing distribution centre in Mandai Link.
The seven-storey building spans more than 61,000 square metres and is expected to be completed in 2029.
Once running, it can support more than 120 stores; the group operates 90 today.
Those numbers explain the ambition: Sheng Siong has set a target to build 120 supermarkets in Singapore.
The Sungei Kadut site is the physical foundation for it, set to replace the Mandai Link centre that has anchored operations since the 2011 listing.
It is a scaled replay of the same blueprint that reshaped the group’s cost structure back then.