Powermatic Data Systems Ltd
The SGX Mainboard-listed developer behind Harrison Food Building — an institutional sponsor with a 30-year track record across wireless hardware and central-region property.
Group overview
Powermatic Data Systems Ltd is a Singapore Exchange Mainboard-listed company best known as an officially appointed Qualcomm Authorized Design Centre, supplying wireless-connectivity hardware to customers across Europe, North America and Asia. That technology business is the group's primary profit engine and funds a long, conservative dividend history.
Why an SGX listing matters for buyers
Buying into a development under construction carries counterparty risk. A listed sponsor reduces it in three concrete ways: continuous disclosure obligations create financial transparency; institutional governance disciplines project delivery; and a multi-decade dividend record signals balance-sheet conservatism rather than leverage-driven speculation.
The redevelopment brief
The group has long held the freehold land at 7 & 9 Harrison Road, where two adjoining six-storey buildings previously stood. Rather than refurbish, Powermatic chose a full redevelopment into a modern eight-storey Harrison Food Building — a decision that reflects confidence in central-region industrial demand and the capacity to deliver at scale.
Delivery and after-sales
Estimated TOP is targeted for 2028. For construction milestones, the handover schedule and the official balance-unit chart, speak with the developer sales team, who also arrange sales gallery visits.