The Assembly Place (SGX:TAP) signed a 15-year tenancy agreement with Char Yong (Dabu) Association for a dual-block property in Singapore, spanning a gross floor area of around 26,889 square feet, according to a Monday bourse filing.

The property is expected to be handed over in June with operations slate to commence in October this year.

The dual-block site comprises a four-story block and an 8-story block, in line with the company's tech-enabled community living vision.

The property will also include an AI Lab which aims to foster collaborative learning.