CAREIT says that with the completion of the additional block, the existing 6,290 beds in the remaining blocks in Westlite Mandai were supposed to be reduced to comply with the maximum bed capacity.
The manager of Centurion Accommodation REIT (CAREIT) says that it has received the temporary occupation permit in respect of the additional block in Westlite Mandai.
This will result in about $26.35 million being released to the relevant vendors of both Westlite Mandai and Westlite Toh Guan.
