, Singapore

What's the latest update on SingPost Centre's redevelopment?

It's supposed to be done by next year.

Redevelopment of the Singapore Post Centre (SPC) remains on track and projected completion is in mid-2017, said UOB KayHian in a report.

It estimates residual capex for SPC to be at about S$170m.

The research firm understands that SingPost has secured three anchor tenants – movie theatre operator Golden Village, supermarket franchise NTUC as well as food court chain operator Kopitiam.

In line with SingPost’s e-commerce direction, the mall will offer an O2 shopping experience (ie convergence of online and offline) as shoppers get to choose to collect purchases at mall or have them delivered to POPstations or residences. 

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