CDL has announced that it will develop its Central Mall properties and the surrounding area into a large-scale mixed-use development. 

This follows the proposed $315 million acquisition of Central Square. Located at 20 Havelock Road, Central Square is currently a 99-year leasehold commercial and residential development, with a remaining lease tenure of approximately 72 years. 

It comprises a serviced residence and commercial spaces including offices and retail units.

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