Artist's impression of Perennial Real Estate Holdings' future business park.
SINGAPORE (The Straits Times/ANN): Former Big Box shopping mall in Jurong East has been acquired by Perennial Real Estate Holdings for S$118 million, said the developer on Friday (Dec 4).
Over $70 million is expected to be invested to redevelop the site into a business park, said the company, which has obtained JTC Corporation's confirmation for the zoning of the site to be changed.
