Allgreen Properties

Over 900 private homes sold at 3 new launches; River Green leads with 88% sold at S$3,130 psf on average

Promenade Peak moves 54% of units, while Canberra Crescent Residences sells 40%

Located next to Fernvale LRT station, The Seletar Mall is on a site with a 99-year leasehold tenure from 2012, with a balance of about 87 years.

Cuscaden Peak Investments, UE sell Seletar Mall for S$550 million to Allgreen Properties

BT also understands that Cuscaden-sponsored Paragon Reit is expected to put The Rail Mall on the market soon

The Seletar Mall, which opened about nine years ago, is owned by Cuscaden Peak Investments and United Engineers.
SINGAPORE PROPERTY

Allgreen Properties in exclusive due diligence to buy Seletar Mall

Allgreen Properties, part of the Kuok Group, is in exclusive due diligence to buy The Seletar Mall, The Business Times understands.