Singapore's Marina Square mall to close for mixed-use redevelopment

SingLand announced Marina Square, a 40-year-old mall in Singapore's Marina Bay, will close on March 31 for redevelopment into a mixed-use site. The move reflects a broader trend in Singapore where standalone shopping malls are becoming unviable, with prime real estate needing to adapt to changing consumer habits. This signals a shift in urban retail infrastructure, though the specific new features remain unspecified.