CapitaMall Trust - Annual Report 2014 - page 116

TAMPINES MALL
Located in the densely populated residential area of Tampines, Tampines Mall is one of Singapore’s
leading suburban malls. It is conveniently situated within the Tampines Regional Centre, the first and
most developed regional centre in Singapore, and accessible via the Tampines Mass Rapid Transit
(MRT) Station and bus interchange. To meet the needs of middle-income consumers living and
working around the bustling Tampines Regional Centre, Tampines Mall provides a wide variety of
shopping, dining and entertainment options for families, professionals and young adults.
In 2014, Tampines Mall commenced its asset enhancement initiatives (AEI) which includes
converting its Level 5 roof area into new leasable space to house enrichment schools and
educational tenants, and reconfiguring levels 2 and 3 to enhance the fashion offerings. There will also
be rejuvenation works including a new facade and covered walkway from Tampines MRT Station. The
AEI is expected to be completed in the fourth quarter of 2015. This will bring about an improvement
to the overall aesthetics of the mall and add variety to the existing trade mix with a new education
hub on Level 5.
Lease Expiry Profile
1
(%)
(As at 31 December 2014)
% of total Net Lettable Area
% of total Gross Rental Income
2
0.0
19.9
22.0
30.7
35.0
38.9
34.2
10.5
8.8
0.0
2015
2016
2017
2018
2019 & beyond
Trade Sector Analysis (%)
(For the month of December 2014)
By Gross Rental Income
2
Food & Beverage
30.1
Beauty & Health
11.3
Fashion
10.5
Services
8.2
Gifts / Toys & Hobbies / Books / Sporting Goods
7.2
Jewellery & Watches
6.5
Supermarket
5.9
Department Store
5.4
Shoes & Bags
4.4
Leisure & Entertainment / Music & Video
3.9
Information Technology
2.3
Electrical & Electronics
2.2
Education
2.1
Total
100.0
1 Based on committed leases.
2 Excludes gross turnover rent.
Portfolio Details
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