The mall’s developer Astaka Holdings described it as a “lifestyle retail” shopping centre. It will be part of a RM1.2 billion (US$290 million) mixed-use development alongside residential skyscraper Arden, and is expected to be completed by 2030.
In August, the developer inked an agreement appointing Singapore real estate giant CapitaLand Investment Limited as a retail adviser, covering asset planning, pre-opening and post-opening stages of the project.
However, Astaka Holdings did not disclose details on gross floor area or retailers expected at OBS Mall.
In addition, the Bukit Chagar RTS Link station itself is set to be a mixed-use development costing RM2.6 billion with a mall, hotel and apartments.
The 1.71-ha development, a public-private partnership between Malaysia’s Mass Rapid Transit Corporation (MRT Corp) and local conglomerate Sunway Group, is set to be built over about eight years.





