Chitchat CenterPoint being Sold Off! Skail knock down become Tiong Mall!

[Pinkieslut]

Developer going to pay to renew 99 leaves, knock it down become super large condo!

Gone case!

 

[nabeifuckpap]

Frasers Property CMI company all low SES coolie gene sinkies inside what do you expect, CapitaLand and Mapletree is Temasek owned same shit also

Insurance+Property= majority sinkies
Everything else=foreign cunts PRs new shitizens

 

[laksaboy]

Half of The Centrepoint up for collective sale at $418m guide price​

Jan 07, 2026
https://www.straitstimes.com/singap...nt-up-for-collective-sale-at-418m-guide-price

Under the latest URA masterplan, the site is zoned for commercial use with a plot ratio of 5.6 and a maximum height of 10 storeys, allowing for redevelopment into a new mixed-use development.

There you go, I am quite the prophet regarding the PAP regime's motivations.

Post in thread 'went to funan centre last night.....it was fucking crap.'

Jul 15, 2019

If you think Funan is bad wait till you see what they're conspiring to transform Sim Lim Square into.

'Mixed-use development'... a.k.a soulless monstrosity.

Examples: Alexandra Central, ARC380 (Jalan Besar and Lavender Street), NeWest @ Hong Leong Garden.

• laksaboy

Serious Post in thread 'Jialat! AMDK pointed to Orchard Road Represents Sinkieland in it’s Decline!'

Aug 3, 2020

Like in 2008, when the banks spot the crisis... instead of trying to prevent it from exploding, they add to the fuel...

Now its almost the same, banks now trying to sell out the dieing shares... REITs are bleeding and hoping a miracle will happen.REITs actually know economy going to be bad in 2019/2018... so They kept theirs funds and waited for the opportunity.If u been to their AGM, u would have been briefed.

REITS are bloodsuckers... every mall should be a hybrid of strata-titled ownership and co-operative ownership. Witness over the past decade or so, how many new malls were...

• laksaboy

Post in thread '[Worth Re-reading] Who Opened the Floodgates..'

Aug 5, 2019

Those are rookie numbers compared to what had happened under Lee Hsien Loong since 2004.

All the enblocs, 40-storey HDB blocks, shrunken HDB units, 'mixed use developments', new MRT lines, talks of turning Jurong into a 'second CBD' etc are proof. The cost of living was still tolerable during Goh Chok Tong's reign.

https://en.wikipedia.org/wiki/Four_Million_Smiles

• laksaboy

• 

 

[Sikodolaukazzz]

And Sinkies leely on handouts from the gobernment.

 

[k1976]

Bukit Panjang Plaza tooo

 

[k1976]

CapitaLand Integrated Commercial Trust to sell Bukit Panjang Plaza for $428 million​

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The sale of Bukit Panjang Plaza is part of CapitaLand Integrated Commercial Trust’s broader portfolio reconstitution strategy.

PHOTO: CAPITALAND INTEGRATED COMMERCIAT TRUST

Follow topic:​

CapitaLand

Published Jan 15, 2026, 10:22 AM
Updated Jan 15, 2026, 12:01 PM

SINGAPORE – CapitaLand Integrated Commercial Trust (CICT) has agreed to divest Bukit Panjang Plaza for $428 million in cash, its manager said in a bourse filing on Jan 14.

The manager of the real estate investment trust (REIT) did not disclose the identity of the buyer, which real estate news platform Mingtiandi reported to be US asset manager Hines. The deal was brokered by JLL on behalf of CICT.

The sale comprises 90 strata lots, as well as the plant, mechanical and electrical equipment located in them

 

[eatshitndie]

commercial reits better sell sell sell as rental market in sg is gonna collapse due to escalating cost and greed. sell before bubble burst.

 

[laksaboy]

commercial reits better sell sell sell as rental market in sg is gonna collapse due to escalating cost and greed. sell before bubble burst.

Malls should be implemeting a hybrid strata and REITS management model.

Basement 1, level 1 and 2: all your major anchor tenants e.g. banks, food courts, restaurants with outlets islandwide. They pay the 'market rates' for rent.

Other floors: small, independent shops or businesses with a net worth not exceeding a certain amount: they pay 10% of earnings every year as rent. Businesses that are the last three performers for two consecutive years get booted out... similar to a 'relegation' system in football leagues.

This is a healthier and more sustainable method to manage malls, and it avoids 'cookie-cutter' style malls, and malls with too many of a certain kind of business e.g. tuition centres.

It should definitely be done in the heartland suburb malls.

 

[eatshitndie]

Malls should be implemeting a hybrid strata and REITS management model.

Basement 1, level 1 and 2: all your major anchor tenants e.g. banks, food courts, restaurants with outlets islandwide. They pay the 'market rates' for rent.

Other floors: small, independent shops or businesses with a net worth not exceeding a certain amount: they pay 10% of earnings every year as rent. Businesses that are the last three performers for two consecutive years get booted out... similar to a 'relegation' system in football leagues.

This is a healthier and more sustainable method to manage malls, and it avoids 'cookie-cutter' style malls, and malls with too many of a certain kind of business e.g. tuition centres.

It should definitely be done in the heartland suburb malls.

if monopolized by mainlanders malls may morph to money-laundering mayhem with many mala makan mushrooming up.

 

[Narong Wongwan]

Sinkies have a choice
You want more things or more CECAs?
Or maybe mudlanders or Pinoys
Choose the lesser of two evils

 

[Scrooball (clone)]

Centerpoint sitting on prime estate land, but like not many ppl go there.