According to a press release issued by CapitaLand Mall Trust today, Funan DigitaLife Mall is set to close in the third quarter 2016 and will proceed to be redeveloped into an aspirational lifestyle destination instead of being sold away.
The 388,000 sqft plot will be home to the new technology-enabled building estimated to be completed within three years and will also serve as a collaborative platform for retail, cultural, learning and business opportunities.
More details will be revealed in due course.
