New Huat la Huat la mixed development coming? Long queue of atas Honoured Guest coming soon
They inspired by SMRT, forgot about core business, find opportunities to focus on retail.
Look at Sports Singapore and PA now - Tampines One, Punggol One, Sports Hub, etc. Machiam like SMRT don't take care of trains, focus on commercial properties development to pay bonuses to staff.
Even SAFRA also makes $$$ from retail operations these days. Give them subsidized land parcel they build tuition centers, restaurants, macdonalds, etc.