[1][2] The Singapore Land Authority, a statutory board under the Ministry of Law, stated the objective for such GLS was to develop tourism.
The MCST formed must hold Annual General Meetings to decide on matters pertaining to the Centre maintenance and management.
[6][7] Located along Upper Cross Street in Outram, Singapore, People's Park Centre is a mixed-use development which is made up of residential units, shops and offices.
A collective sales committee is established and a property agency will be appointed to handle the redevelopment.
It is reported that around half of the owners of the Centre attended the last meeting and majority is in favour of the sales.