Singapore-based real estate investment house Pacific Star said on Thursday that the former Singapore Power Building is expected to open in January 2010.
Now renamed TripleOne Somerset, the building is undergoing a S$50 million comprehensive facelift.
The 32-year-old building, which Pacific Star acquired in February 2008, will introduce a revamped, striking frontage.
The refurbished facade includes the creation of two floors of 60,000 square feet retail space. To date, Pacific Star has secured commitments for more than 75 per cent of the mall space.
It is also in active talks with a number of new-to-market concept stores.
Pacific Star said it is confident the mall will be fully leased when it opens in January 2010.
Source : Channel NewsAsia – 26 Nov 2009