A bid to put the iconic Queensway Shopping Centre on the market has fallen through after a lukewarm response from owners — much to the relief of some shopkeepers. Savills Singapore, the marketing agent of the 43-year-old freehold development, confirmed on Tuesday (Nov 26) that the proposed en-bloc sale is off the table. The adjoining Queensway Tower, a residential block, was also part of the...
A number of shop owners at Queensway Shopping Centre have banded together to resist the proposed collective sale of the 45-year-old development, even as residents at the adjacent housing apartment Queensway Tower seem geared up for a sale. This is the first time the mixed development site - which sits on a land area of about 100,000 sq ft - is being put up for sale, said Ms Suzie Mok, senior director of...
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