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THE LEVEL GROUND
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Post-pandemic, will heartland malls stay resilient?

When homebody economy meets online shopping, malls must plan for a digital future sped up by Covid-19

Leslie Yee

Leslie Yee

Published Tue, Jun 22, 2021 · 05:50 AM
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Singapore

TAMPINES Mall in Tampines and Junction 8 in Bishan are among Singapore's most prominent heartland malls. The duo were part of the portfolio of Singapore's first real estate investment trust (Reit) CapitaMall Trust, when it listed in 2002.

Valuation reports dated June 1, 2002, put Tampines Mall and Junction 8 at S$438 million and S$301 million respectively.

While there has been capital expenditure, driven …

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KEYWORDS IN THIS ARTICLE

Retail
Property investment
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