Tenants in the East Village units include Liho, Katong Mei Wei Chicken Rice and Hong Kong Street Family Restaurant
[SINGAPORE] Shares of retail jeweller Aspial Corporation surged by 13 per cent on Friday (Aug 22) after 15 freehold strata-titled retail units in East Village, a Bedok-area mixed development, were put up for sale for S$71.8 million.
The counter opened Friday’s session at S$0.088, rising to S$0.093 by 11.02 am. By 1.55 pm, the counter had risen further to S$0.098, up 12.6 per cent or S$0.011 on the day. It then hit an intraday high of S$0.099 a minute later, marking a 13 per cent jump from its opening price.
The Business Times reported on Wednesday that the 15 units are held by World Class Developments and entities or individuals linked to the Koh family behind Catalist-listed Aspial. The units were first put up for sale in 2022 as part of a 17-unit cluster for S$83 million. Two units were sold to an individual buyer in May 2025.
Each of the 15 units for sale ranges from 431 to 6,985 square feet in size. Eleven of them have approved food and beverage usage; one is a clinic; and an Anytime Fitness gym occupies the remaining three adjoining units.
Tenants include Liho, Katong Mei Wei Chicken Rice and Hong Kong Street Family Restaurant.
The closing date for the expression-of-interest exercise for the 15 units is on Sep 18.
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