The Business Times
business-time-50

Tuan Sing, Mitsubishi Estate to develop first phase of Indonesia mall for S$90m

google-preferred-sourceAdd BT as a preferred source
Michelle Zhu

Michelle Zhu

Published Tue, Mar 22, 2022 · 09:50 PM

    Singapore

    REAL estate-focused investment holding company Tuan Sing Holdings has partnered Japan's Mitsubishi Estate to develop the first phase of a luxury outlet mall in Karawang, Indonesia for an initial S$90 million.

    In a joint statement on Tuesday (Mar 22), both parties said construction is scheduled to commence in the second quarter of 2022 with a target opening date in Q4 of 2023.

    tuan singIndonesiaMitsubishiRetail

    TRENDING NOW

    Some industry watchers wonder if Orchard Road can hold its own next to competing retail destinations, both global and local.

    What’s wrong with Orchard Road? Experts weigh in on the street’s cachet and its future

    Eugene Lai (left) says that he was sharing a view with Tan Chian Khong that the board needed a refresh and that it was not an explicit direction to resign.

    CSE Global independent director quits after clashes with chairman Eugene Lai over board refresh

    Ryoji Shoda says that his luxury plans will not necessarily come with a price hike.

    Onitsuka Tiger pivots from Asics stripes to tap luxury market

    Singapore also intends to deepen cross-border data flow mechanisms, says Minister for Digital Development and Information Josephine Teo.

    Singapore to advance AI agenda as Asean chair, focus on cross-border data flows, smaller firms

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More