The project has been secured by Singapore-based construction and property firm Low Keng Huat from Perennial Real Estate Group. The building serves both as an office and a retail complex.

The renovations will involve upgrades to lift lobby, lift car and other amenities at the office block. The exterior part of the facility will incorporate a new appearance post-renovation. The works will also link Chinatown Point to Chinatown MRT Station through the basement.

Other works include relocation of the carparking section of the building which will be shifted from basements one and two to levels three to six of the retail podium after the revamp.

The project is scheduled to begin soon and be over by 15 November 2012.