Tampines Mall | Junction 8 | Funan The IT Mall
JUNCTION 8

Junction 8 is located in the high-density residential area of Bishan, a relatively affluent district in the centre of Singapore. The shopping centre is positioned for the middle-income and family-oriented segments of the retail market, targeting families residing in the surrounding housing estates, office workers within the vicinity and students from nearby schools.

Junction 8
9 BISHAN PLACE
SINGAPORE 579837

Junction 8 is a partially enclosed shopping centre which incorporates two basement levels of car parking cum retail space and four storeys of retail space. In addition, it has a six-storey office tower comprising less than 20% of total NLA.

Junction 8 is a 'one-stop' shopping, dining and entertainment destination and is the only shopping centre of its kind in Bishan. It is strategically located between the Bishan bus interchange and MRT station making it easily accessible. Close to three quarters of its customers travel to and from the mall by either MRT or bus.

The shopping centre has more than 800,000 people residing in its main catchment area, which accounts for approximately 63% of its customer base.

The objective for Junction 8 is to optimise financial performance, strengthen market positioning as the leading suburban mall in the Central region and continuously enhance customers’ shopping experience.

31 DECEMBER 2002

NET LETTABLE AREA
248,471 sq ft

NUMBER OF TENANTS
98

CAR PARK SPACES
393

CMT OWNERSHIP
100.0 %

TITLE
Leasehold expiry 2090

VALUATION
S$303.0 mil

ANNUAL RENTAL INCOME
S$26.9 mil

OCCUPANCY
100.0 %

PEDESTRIAN TRAFFIC
18.0 mil full year

MAIN TRADE POPULATION
825,000

MAJOR TENANTS
Daimaru Singapore (vacating Mar 2003)
SAFE Superstore
Golden Village
Food Junction
G2000

New Tenants opening in 2003
NTUC FairPrice (Apr 2003)
Seiyu (May 2003)