SINGAPORE: A new shopping mall and office block will
spring up next to the Jurong East MRT station.
Announcing the plans, CapitaMalls Asia, CapitaMall
Trust and CapitaLand said the total development cost is expected to
be about S$1.5 billion.
They had submitted the top bid of about S$969
million for the site.
Subject to planning approval from the Urban Redevelopment Authority
(URA), the shopping mall is expected to have five levels including
one basement level.
The one-stop family mall will both cater to residents' everyday
needs and offer specialty shops.
Shoppers will enjoy seamless accessibility to transport options
from the mall.
The shopping mall is expected to commence operations in time for
the Christmas shopping season in 2013.
The office tower is expected to commence operations in 2014.
- CNA/fa
