Funan
The IT Mall is located in Singapore’s CBD and is one of the nation’s
premier electronic and IT destinations. Funan The IT Mall’s unique
tenancy mix is a combination of a strong IT offer and comprehensive
food and lifestyle outlets. This provides an interesting point of
difference from most other shopping centres in Singapore.
Funan
The IT Mall
109 NORTH BRIDGE ROAD
SINGAPORE 179097
Funan The IT Mall is a fully enclosed shopping
centre which comprises three basement
levels of car parking, a food court at basement
one and six storeys of retail space. Given
its focus on IT and electronic tenants, Funan
The IT Mall primarily attracts professionals,
managers, executives and business people
(PMEBs) shopping for such products. Funan
The IT Mall also offers a wide range of lifestyle
outlets that adds to the customers total
shopping experience.
Unlike
the other two malls in the CMT
portfolio, Funan The IT Mall draws shoppers
from all over Singapore due to its unique
offer. It also attracts a number of tourists.
The
objective for Funan The IT Mall is to optimise financial performance,
strengthen market positioning as the preferred one-stop IT mall
that offers the latest and widest range of genuine IT products at
competitive prices and continuously enhance customers shopping
experience.
31
DECEMBER 2002
NET
LETTABLE AREA
250,504 sq ft
NUMBER
OF TENANTS
173
CAR
PARK SPACES
343
CMT
OWNERSHIP
100.0 %
TITLE
Leasehold expiry 2078
VALUATION
S$191.0 mil
ANNUAL
RENTAL INCOME
S$20.1mil
OCCUPANCY
99.3 %
PEDESTRIAN
TRAFFIC
6.0 mil full year
MAIN
TRADE POPULATION
1,134,000
MAJOR
TENANTS
Challenger Technologies
Cristofori Music
South Asia Computer
Harvey Norman
McDonalds Restaurants
Kimage Hairdressing School
Informatics Group
Sportslink Holdings
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