ION Orchard will open its doors on Tuesday in its soft opening, with over 70 per cent of the shops ready for business. It is the second major mall to open in a decade along the prime Orchard Road shopping strip, with 96 per cent of its space leased. After two and a half years, and more than S$2 billion in investment and construction costs, the eight-storey mall, with a retail mix of established brands,...
New Shopping Malls
The Tampines 1 mall has attracted over six million visitors since it opened its doors about three months ago, according to property manager Asiamalls. The latest mall addition to the Tampines central area celebrates its official opening on Friday, which also marks its 100th day of business. The S$450 million mall is situated beside the Tampines MRT station. It has 173 tenants including Uniqlo, the...
313@Somerset will be the last of the three new malls to open along Orchard Road this year. But it's promising a shopping experience that will keep customers coming back. The shops may be mid-range but 313@Somerset said the customer service will be top-notch. By November, the eight-storey mall, will have shops offering food, fashion and lifestyle treats. And it will be the newest kid on the block, hot on...
Singapore's prime shopping belt Orchard Road is set for a revival, with three new malls to be launched by the end of the year and two refurbished fronts. The malls include Orchard Central and 313@Somerset, and the new fronts are at Mandarin Gallery and Park Hotel Orchard. That amounts to about 1.8 million square feet of new retail space, bringing the total space available at Orchard Road to eight million...
Property developer Far East Organization has said its S$700 million Orchard Central mall is on track to open in June. The 12-storey mall has just obtained the temporary occupation permit. It expects to raise tenancy take-up rate to 75 per cent in the coming months, from the current 65 per cent. Far East Organization said Orchard Central will stand out from other malls when it opens in about two...
Tampines 1, Singapore's newest shopping mall, will open on April 9 with full tenancy confirmed. The S$450 million mall will join two others, Tampines Mall and Century Square in that area. Located beside the Tampines MRT station, the six-storey mall will have 172 tenants. More than 75 per cent of its tenants will open this Thursday. These include IT shop Challenger, Japanese clothing giant Uniqlo, and...
ION Orchard, one of Singapore's largest shopping malls, is set to open this July amid the dismal economic outlook and falling consumer confidence. In a filing to the Singapore Exchange, CapitaLand said tenants have already committed to lease 80 per cent of space in the mall. 60 per cent of the retail space will be devoted to flagship stores and new-to-market brands including Boucheron, Dsquared and Diane...
The expected influx of retail space in Singapore in the next few years, and the promise of newer concepts from retailers overseas, are keeping current stores in Singapore on their toes. The Singapore Retailers Association said many local names are starting to gear up for the challenge. Brand specialists are hailing the efforts, saying these will refresh the shopping scene in Singapore. They are still...
3 new malls, 5 million sq ft SHOPAHOLICS can look forward to a fresh injection of 5 million sq ft of new retail space by the end of next year, according to Knight Frank’s calculations. By then, at least three big new malls are projected to be ready to welcome shoppers: West Coast Plaza, Illuma and ION Orchard. However, while customers rejoice over larger and more novel malls, will retailers and...