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The urgent task of the first committee was to raise funds for the purchase of a premises for the Association.
A special meeting was held on March 26, 1972 to discuss and pass a resolution for purchasing a premises and amend the regulations to incorporate property trust clauses. During the meeting, Chairman Robert Tan Bee Chuan informed the attending members that a 2-story terrace house located at 40 Sam Leong Road and priced at S$ 42,000 had been found.
Chairman Tan further informed the members that a deposit of S$ 4,200 had been paid by Ban Hock Hin Co. Pte Ltd. Hong Guan Motor Pte Ltd and Hock Motor Pte Ltd as the first part of their donations. The fund raising campaign was enthusiastically carried out immediately. Many committee members and ordinary members not only donated money but also exerted themselves in raising money from members and warm-hearted businessmen.
The largest donations came from Boon Siew Singapore Pte Ltd and Hong Leong Pte Ltd with a donation of S$ 10,000 each. Shell (Singapore) Pte Ltd donated S$ 5,000 next came Castrol (Far East) Pte Ltd and The East Asiatic Co. (s) Pte Ltd with a donation of S$ 4,000 each.
Hong Guan Motor Pte Ltd and Motorcycle industries (1973) Pte Ltd donated S$ 3,000 each. Associated Sales Corpn Pte Ltd, Ban Hock Hin Co Pte Ltd. Everitt Impex Corpn (Pte) Ltd. Genuine Store Pte Ltd, Hock Motor & Co (Pte) Ltd, Liu Tong Trading (Pte) Ltd and Tai Tong Enterprise Co. donated a sum of S$ 2,000 each.
On top of this, 112 companies in total donated sums of S$ 2,000, S$ 1,000, S$ 500, S$ 300, S$ 200, S$ 100 or S$ 50. Singapore Motor Cycle Trade Association was finally able to purchase its own home.
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