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CapitaLand Investment takes minority stake in The Clementi Mall, provides advisory services

The Edge Singapore
The Edge Singapore  • 3 min read
CapitaLand Investment takes minority stake in The Clementi Mall, provides advisory services
Besides The Clementi Mall, Elegant Group owns the adjacent Grantral Mall @ Clementi. Photo: Samuel Isaac Chua
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CapitaLand Investment (CLI) will take a minority interest in The Clementi Mall, which was acquired by The Elegant Group for $809 million in December 2025. In addition, CLI will provide real estate advisory services for The Clementi Mall, announced Elegant Group on Jan 30.

CLI’s stake in The Clementi Mall is not disclosed. With the partnership, The Clementi Mall will also participate in CLI’s lifestyle and rewards programme CapitaStar, which currently has over 1.8 million members.

According to Elegant Group, activities in the pipeline for The Clementi Mall include a character-themed Chinese New Year festive campaign and a festive food fair featuring local bakeries and F&B brands.

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