STRAIT TIMES – On Wednesday (Nov 20), New Creation Church announced that it has acquired The Star Vista mall for $296 million “to protect the interest of the church”.
While the mega church previously owned only The Star Performing Arts Centre (PAC) – a concert venue in the mall that the church also uses for its services – it will now own the entire building.
The purchase was made after the church got wind that CapitaLand, the ex-owner of the retail space, was in talks with other buyers for a potential sale of the mall.
By securing the deal through its business arm Rock Productions, New Creation hopes to pre-empt the unpredictability of The Star Vista going to another buyer, which could be less supportive of the church’s use of the premises for religious ends.
Here are nine things to know about the church, the church’s founder and Star Vista. READ MORE
Leave a Comment
You must be logged in to post a comment.