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Tong Eng gives new life to ageing assets

Redevelopment of Serangoon Plaza to start later this year; strata office sales to start after Chinese New Year.

Mr Teo with an artist's impression of Centrium Square, a 19-storey project coming up on the Serangoon Plaza site.

TONG Eng Group faced one of its most trying moments during the mid-1980s. Shortly after the group bought Serangoon Plaza and around the time it completed the development of Eminent Plaza in Lavender Street, Singapore slipped into a recession. "The property market tanked and we went through