Funan
The IT Mall is a specialised mall offering a wide range of
IT and electronic products as well as a suite of complementary
F&B and lifestyle products. Its location within the Central
Business District coupled with a unique mix of retail offerings
make it one of the nation’s premier destinations for
IT and electronic products, attracting shoppers from all
over Singapore including tourists.
It has three basement car park levels, a food court at Basement
1 and six retail storeys. It used to attract primarily professionals,
managers, executives and business people. Since more lifestyle
retail trades have been introduced to Funan The IT Mall,
it is now seeing more shoppers who are increasingly attracted
by the wide and genuine product range and retail offerings.
This, coupled with innovative promotions and events, resulted
in Funan The IT Mall welcoming over 8.0 million shoppers
in the financial year ended 31 December 2004, representing
a significant increase over the 5.6 million shoppers in the
financial year ended 31 December 2003.
Asset Enhancements
2004 saw the completion of the refurbishment of the annex
block fronting North Bridge Road. The full-glass façade
offers a refreshing look to Funan The IT Mall, giving tenants
more prominence as well as providing shoppers with an alternative
and more direct access from the street level to the upper
levels of the mall and capturing higher pedestrian flow
along North Bridge Road. Funan The IT Mall also became
the first mall in Singapore to provide free ‘WIFI’ hotspot
access to shoppers. This has enhanced convenience to shoppers
and reinforced its position as a digital lifestyle mall.
To expand retail floor space, we also introduced open concept
kiosk-type tenants, namely Digital Asia, SingTel IDEAS and
MC2, along the bridge space which also enliven the shopping
experience within the mall.
There are further
plans in 2005 to improve the retail offerings as well as
shoppers’ experience in Funan The IT Mall.
To extend its retail offering to attract the young and IT
savvy crowd, Funan The IT Mall plans to introduce a new thematic
zone on Level 5 with a focus on digital and electronic
devices, including gaming devices and products, MP3 players
and other Do-it-Yourself accessories. In addition, accessibility
from the car parks to the mall will be improved by introducing
continuous connectivity via escalators up to the lift lobby
at Level 1.
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