Real Estate
March 07, 2024 1:05 PMThe mall was owned by Cuscaden Peak Investments and United Engineers. : SINGAPORE – Allgreen Properties has bought The Seletar Mall from Cuscaden Peak Investments and United Engineers for $550 million. The announcement on March 7 confirms a report by The Business Times in January 2024 that Allgreen was in exclusive due diligence to buy the mall, which is located in the Sengkang West area. The addition of The Seletar Mall will diversify Allgreen’s presence in the retail landscape as it moves into the heartland, said Mr Tho Leong Chye, managing director of Allgreen.