FAR East Shopping Centre has been put back on the market, in a fresh tender pitched at the same guide price of S$928 million. 

This comes after Glory Property Developments, a company linked to Chinese businessman Du Shuanghua’s Bright Ruby Resources, pulled out of a deal announced in September 2023 to acquire the building. 

If it had not fallen through, the deal, said to be struck at around S$910 million, would have been the largest collective sale of 2023.