A residential site in Tampines had attracted 10 bids at the close of its tender on Tuesday, according to the Urban Redevelopment Authority (URA). MCC Land (Singapore) Pte Ltd is the highest bidder at S$289.7 million for the 184,000 square feet land parcel. This works out to S$562 per square foot per plot ratio. The top bid is 7.6 per cent higher than the second-highest bid of S$269.2 million...
Tampines Mall
High costs spur CapitaMall Trust to shelve expansion plans THE manager of mainboard-listed CapitaMall Trust (CMT) said it will shelve expansion plans for three of its malls due to high construction costs and the competitive environment for resources currently. CapitaMall Trust Management said CMT had planned to add office space and expand the amount of retail space at Funan DigitaLife Mall (Funan);...