CapitaLand Mall Trust to redevelop Funan DigitaLife Mall into an integrated development

The redevelopment would take 3 years to complete.

Aiming to capitalise on the excellent location of the popular IT mall, CapitaLand Mall Trust announced that it will redevelop Funan DigitaLife Mall.

According to a statement by CapitaLand Mall Trust, it plans to utilise the untapped Gross Floor Area (GFA) of the mall of about 388k square feet.

“As part of the CapitaLand Group, we will leverage on the Group’s strong expertise in such developments, including the first Raffles City in Singapore nearly 30 years ago. The new building on the Funan site will be an aspirational lifestyle destination that will enthrall shoppers and retailers,” said Wilson Tan, CEO of CMTML.

“It will be an experiential creative hub within the city that engages communities to incubate new ideas and passions, and enables shoppers to enjoy retail in a technology-enabled environment,” Tan added.

Meanwhile, the mall is expected to close in the third quarter of next year, as the redevelopment works commence.