Mainboard-listed Amara Holdings, the homegrown integrated lifestyle group, says it has embarked on a $32 million asset enhancement plan and repositioning exercise for its Amara Shopping Centre located at 100 Tras Street.

The additions and alteration works to the existing four-storey shopping complex is slated for completion in second quarter of 2012. The revamp will add another 22,000 sq ft of supermarket space at Basement 1 to the existing lettable space at the mall. Upon completion, the revamped mall will be branded as “100 AM”.

“The new mall will create a cosy, warm and contemporary feel which complements the new profile of shoppers, tourists and young residents who frequent the area or work and live among the fast growing developments in the location,” says project architect Leong Chee Wai of Aedas, who were also the executive architects of Marina Bay Sands.