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Perennial and SPH raise stakes in Chinatown mall

Chinatown Point Mall reopened in November 2012 after being renovated and linked to Chinatown MRT. Some 2.4 million people visit it every month, or roughly 80,000 a day.


PERENNIAL Real Estate Holdings and Singapore Press Holdings (SPH) have bought an additional 60 per cent of a partnership holding Chinatown Point mall and four strata office units above it for a cash consideration of S$92.6 million.

Perennial's effective stake in the...

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