Forthcoming sale of Queensway Shopping Centre strongly opposed by shop owners

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Around 50 shops, which 'represent over 20% share value' of the property, have put their signatures down to oppose the deal, said shop owner Mrs L C Lim

town Heritage Trail, is up for sale but several shop owners have banded together to strongly oppose the sale of this 45-year-old complex.

Mr. Narwant Singh, who owns sports shop Weston Corporation and four other units at the four-storey mall, and his son Mr Mandeep Singh, who owns shoe shop Limited Edt, are among those against the sale. “The en bloc process is on but there is a tremendous amount of objection. Queensway is doing extremely well. The misleading information reported that footfall has dropped is rubbish. Queensway, no matter what, is still having the best footfall out of any part of Singapore,” said Mr. Narwant.

“Yes, the en bloc process has started but we are very doubtful. Queensway is a very important place for us.” Ms Jessica Wong, who has lived there for 37 years, said that the area holds some “sentimental value” to her. However, she has also had to bear with constant leaking from the ceiling in her unit, because the building has been poorly maintained, she said.

 

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