108
CapitaLand Mall Trust
Annual Report 2015
Portfolio Details
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 2015, Tampines Mall completed phase one of its
asset enhancement initiatives (AEI) which includes
converting its Level 5 open roof into new leasable
space to house well-known educational tenants,
and reconfiguring levels 2 and 3 to bring in new
fashion of ferings. The AEI also included a new
facade and covered linkway to Tampines MRT Station.
Phase two of its AEI will entail replacement of the
main atrium fascia and balustrade as well as refreshing
of its interior finishes.
Trade Sector Analysis
(For the month of December 2015)
23.7
33.6
25.6
0.7
31.1
30.3
26.5
% of Net Lettable Area
% of Gross Rental Income
2
By Gross Rental Income
2
%
Food & Beverage
28.7
Fashion
13.1
Beauty & Health
11.0
Services
7.5
Gifts & Souvenirs / Toys & Hobbies / Books & Stationery / Sporting Goods
7.1
Jewellery & Watches
6.1
Supermarket
5.6
Department Store
5.1
Shoes & Bags
4.3
Leisure & Entertainment / Music & Video
3.8
Education
3.2
Electrical & Electronics
2.3
Information Technology
2.2
Total
100.0
Lease Expiry Profile
1
(%)
(As at 31 December 2015)
2017
2018
2016
2019
1.3
10.8
16.4
1 Based on committed gross rental income for the expiry month of the lease.
2 Excludes gross turnover rent.
2020 and
beyond
