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BT EXCLUSIVE

Rail Mall owners seeking buyers

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Property watchers say the property is unlikely to be redeveloped, even with a new owner, because its 99-year lease expires in 2046. The site's development potential is also limited by its narrow shape.

Singapore

RAIL Mall, a stretch of shopping and dining outlets in a rustic part of Upper Bukit Timah Road, has been put on the market.

Besides 43 road-fronting units, the 105,561 sq ft site also comes with 95 carpark lots.

Ku Swee Yong, chief executive of International

sentifi.com

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