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$1.8 billion collective sale tender for People's Park Centre closes without bids

Business News - The collective sale tender for People's Park Centre in Chinatown closed Thursday (Aug 18) without any bids. A spokesman for its marketing agency, ERA Realty Network, told The Straits Times it will be initiating private negotiations with some developers in the next 10. Read more at www.tnp.sg ....

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'It's pretty rundown': Shop owners hope to retire with People's Park Centre up for collective sale, Money News

SINGAPORE - When Mrs Lee Qing Qing heard about plans for the collective sale of People's Park Centre, she saw it as a good opportunity to retire. The 68-year-old owner of two shops has been selling clothes and shoes at the mixed-use development in Chinatown since 1974. "Of course, I feel sad and sentimental, but all good things must come. ....

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