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Singapore - CM Domain wins tender for Clementi Mall with S$541.9m bid

Publish Date : 17-Nov-2009

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.

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