The retail scene in the Jurong Gateway area is set to become more vibrant with the addition of Jem, developed by Lend Lease. Many expect its retail traffic to be supported by the heavy concentration of people living and working in the west. Suburban malls have always been a bit dowdy compared to the fancier malls in the city. But with Singapore growing rapidly, the retail landscape is also changing. The...
New Shopping Malls
The Clementi Mall is on track to obtain its first temporary occupancy permit early next month and its second in mid-March, according to Singapore Press Holdings (SPH). Shoppers can look forward to having a new department store next year, with BHG opening its fifth Singapore outlet at The Clementi Mall. The store will open 'within the next couple of months', said SPH. SPH's unit Times Properties has a 60...
After two years of construction, the $1.3 billion NEX shopping mall in Serangoon, is slated to open by the end of this month. One unique feature of NEX is the pitting of retailers against each other: Cold Storage versus FairPrice, Food Republic versus Food Junction. While it may seem unusual for rival brands to co-exist under one roof, mall manager Guthrie Consultancy Services is confident that its...
The intersection of Choa Chu Kang and Woodlands Road looks set for a facelift as Far East Organization unveils a new mixed-development project that includes a shopping complex and a residential tower at the Ten Mile Junction site. Far East unveiled the commercial component of the development yesterday, eight months after the company won the tender for the site. The developer is investing $28 million in...
CapitaLand has said its new development at Bedok Town will likely attract potential buyers such as HDB upgraders. Property analysts believe the area will also be rejuvenated as it now lacks new residential and commercial developments. The Bedok Bus Interchange will receive a facelift in the fourth quarter of next year. The bus interchange, together with a piece of land next to it, will be transformed and...
THE Clementi Mall, a six-storey shopping complex boasting about 190,000 sq ft of retail space is scheduled to be operational by January next year, with Fairprice Finest, Foodfare and the National Library Board (NLB) as its anchor tenants. The 99-year leasehold property is owned by a joint venture of Times Properties, NTUC FairPrice Co-Op and NTUC Income Insurance Co-op. Level one and basement one -...
An upcoming mall in Serangoon Central, called nex, has leased out about 90 per cent of its space some nine months ahead of its official opening in November. The mall's developer, Gold Ridge, said it has signed on the Serangoon Public Library as the newest anchor tenant at the complex. The new public library will occupy about 17,000 square feet of space and is scheduled to open to the public in March...
Singapore-based real estate investment house Pacific Star said on Thursday that the former Singapore Power Building is expected to open in January 2010. Now renamed TripleOne Somerset, the building is undergoing a S$50 million comprehensive facelift. The 32-year-old building, which Pacific Star acquired in February 2008, will introduce a revamped, striking frontage. The refurbished facade includes the...
MANDARIN Gallery is set for a soft launch this Friday after a $200 million makeover. About half of the 103 stores are open for business and the mall should be fully operational around the third week of January. 'It is almost completely leased out and we expect tenants to move in by January 2010,' said Patrina Tan, senior vice-president of retail, marketing and leasing for Overseas Union Enterprise...
The upcoming suburban mall Nex located at Serangoon Central has leased 60 per cent of its lettable space. Its developer Gold Ridge said retailers like Isetan, Courts and Challenger are among its key tenants. Gold Ridge added that Isetan has secured a 53,000-square foot space, spanning three floors. This will be Isetan's first new department store in Singapore since 1995. Another first, the developer...