SINGAPORE (Nikkei Markets) -- Singapore will allow owners of older commercial property in the central business district to develop larger ones in their place, boosting both valuations and redevelopment projects and refreshing the area.
Unlike newer office precincts such as Marina Bay, which is home to one of Singapore's two casino-resorts and the 100-hectare Gardens by the Bay, the older parts of the city-state's CBD contain mostly offices and are deserted at night and on weekends.
