Ascott and New Vision Break Ground on Global Flagship Ascott Shenton Way Singapore

New Vision Holding Pte. Ltd. (New Vision) and The Ascott Limited (Ascott), the wholly owned lodging business unit of CapitaLand Investment, have officially broken ground on Ascott Shenton Way Singapore, a defining showcase for the Ascott brand’s evolution towards design-led, wellness-centred hospitality. The flagship development marks the first-time collaboration between owner-developer New Vision and hospitality operator Ascott. Construction is underway, with completion expected in Q4 2029.