SINGAPORE (Jan 25): SingHaiyi Group property group has revealed its new Grade A commercial building at 9 Penang Road which is designed by P&T Group.

The development site sits on where Park Mall was formerly situated.

The project is estimated to cost $800 million and is undertaken through a joint venture partnership between Singhaiyi Group, Haiyi Holdings and Suntec Real Estate Investment Trust who have an interest of 35%, 35% and 30% respectively.

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