SPH Spending S$82m To Upgrade, Expand Paragon

Source : Channel NewsAsia, 07 January 2008

Singapore Press Holdings is spending a combined S$82 million to revamp Paragon shopping centre.

The newspaper publisher will spend S$45 million to update the facade of the building and increase retail space.

The renovation will increase the nett lettable area of the retail podium by 11,600 sq ft.

Another S$37 million will be spent to expand the office and medical space above the retail podium.

With the construction of two more floors, this will add another 29,000 sq ft to the mall.

The facelift, which starts this month, is expected to be completed by the end of the year. - CNA/so