CM Domain wins tender for Clementi Mall with S$541.9m bid
By Irene Chan, 938LIVE | Posted: 17 November 2009 1742 hrs
SINGAPORE: CM Domain, a unit of Singapore Press Holdings, has won the tender for a new suburban shopping centre in Clementi with its S$541.9 million bid.
The Housing and Development Board said it received a total of six bids for the 99-year leasehold site in Clementi Town Centre.
The land parcel has about 25,000 square metres of gross floor area.
The retail hub, tentatively called "Clementi Mall", is part of a larger development located at the former Clementi Bus Interchange.
The mall and its carpark are located over seven storeys, and a library will be situated within the mall. - 938LIVE/vm
Tuesday, November 17, 2009
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