Overcrowding has become a safety issue at Mustafa Centre, and the management has expanded its premises to accommodate more shoppers. This is in response to a possible Singapore Civil Defence Force (SCDF) court order. If confirmed, the first storey of the 24-hour shopping centre risks being temporarily closed. The centre, which sees up to 10,000 shoppers daily, has expanded certain areas in its premises...
Retail Space
POPULAR retailer Mustafa was fined $10,000 yesterday, after it pleaded guilty to illegally using its six-storey warehouse building in Kallang Pudding Road for retail sales. The fine caps a saga which began last November, when the Urban Redevelopment Authority (URA) served a writ of summons on Mustafa for converting the first two levels of its warehouse into a department store and a supermarket. These...
Overcrowding has become a safety issue at Mustafa Centre, and the management has expanded its premises to accommodate more shoppers. This is in response to a possible Singapore Civil Defence Force (SCDF) court order. If confirmed, the first storey of the 24-hour shopping centre risks being temporarily closed. The centre, which sees up to 10,000 shoppers daily, has expanded certain areas in its premises...
he Singapore Civil Defence Force (SCDF) is getting a court injunction against Mustafa Centre to close part of its building for breaching safety violations. According to SCDF, these include "serious episodes of overcrowding". A pre-trial conference was held on Tuesday, and the case will be heard again next Wednesday. In January this year, Mustafa centre was fined S$17,000 for two charges of fire safety...
RETAIL rents in the prime Orchard and Scotts roads belt, other city areas and the suburbs were all unchanged in the first quarter of this year, according to DTZ Research. They are still down as much as 10 per cent in some areas from their Q3 2008 peaks, but have now stabilised across the island, DTZ's data show. In Q1, the gross rent for prime first and upper-storey retail space in the Orchard and Scotts...
RETAIL rents across most of Singapore held steady in the first quarter of this year, a new report showed. This ended five straight quarters of decline in some areas, as tourist arrivals grew and consumer confidence rose, according to the report by DTZ Research. In the premier shopping belt of Orchard Road/Scotts Road, retail rents remained constant as the market absorbed new supply that came onstream in...
Singapore retail rents have held firm in the first quarter of this year. According to estimates by DTZ Research, rental values of retail space in the prime retail belt of Orchard and Scotts Road, other city areas and even suburban areas remained unchanged. DTZ said gross retail rents at the Orchard and Scotts Road area stayed firm as the market absorbed the new supply that came onstream in 2009 and in...
It has been roundly criticised for being user-unfriendly, but the owners and architects behind Orchard Central are unfazed by the brickbats. They say the design of the mall is 'ground-breaking' for Singapore and believe shoppers will grow to appreciate it in time. Orchard Central's shopping experience will also be further enhanced when an adjacent site is built and linked to the mall, they added. 'As...
A FLASHY new wing that jazzed up Northpoint Shopping Centre has also helped attract an additional 800,000 visitors a month through the mall's doors. The $38.6 million revamp has also enlarged the mall by over 50 per cent and brought the total space available for rent to 235,000 sq ft. The number of shops has shot up from 90 to 168. 'This has brought in a 10.7 per cent return on investment', said Dr Chew...
FRASERS Centrepoint Trust's (FCT) Northpoint mall has seen a 20 per cent hike in average rentals and a 70 per cent climb in shopper traffic after it was expanded and revamped. The mall, which is located right next to Yishun MRT station, increased its net lettable area by more than 50 per cent with the addition of a $165 million new wing and a $38.6 million asset enhancement initiative. The new NLA is...