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CapitaLand and CDL poised to buy Liang Court mall at S$400m
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Published Mon, Mar 18, 2019 · 09:50 PM
Singapore
THE decades-old Liang Court mall - famous at its peak as a Japanese expat haunt and for the Daimaru department store and supermarket - is expected to be sold to new owners for S$400 million.
The Business Times understands that a put-and-call option agreement has been entered into between the owner, an entity linked to PGIM Real Estate, and CapitaLand and City Developments Ltd (CDL).
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