INTRODUCTION | INGENIOUS VALUE CREATION & GROWTH STRATEGIES | IN CONVERSATION | INSIGHTS INTO GROWTH | INSPIRING LEADERSHIP
INTEGRATING PEOPLE & SOCIETY | INVESTOR RELATIONS | IN REVIEW | INCREASING DOMINANCE | IN DETAILS
INEW AQUISITIONS
HOUGANG PLAZA UNITS |
SEMBAWANG SHOPPING CENTRE |
JURONG ENTERTAINMENT CENTRE |
||
The objective for Hougang Plaza Units is to improve the rental yield of the property through tenancy remix and asset enhancement. |
The objective for Sembawang Shopping Centre is to differentiate itself in the northern heartlands through enhancement works to improve the aesthetics, efficiency and functionality of the mall and strengthening of the tenancy mix. |
The objective for Jurong Entertainment Centre is to re-brand and re-position itself as a hip entertainment hub providing a wide variety of food and entertainment activities for youths and young adults.
|
||
 |
 |
 |
||
Hougang Plaza is a three-storey retail property strategically located in Hougang Central in close proximity to the Hougang Mass Rapid Transit (MRT) station and bus interchange and with a basement car park of 154 parking spaces. CMT owns 96.7 percent of the 70,095 sq ft strata area of the property which is on a leasehold tenure of 99 years. Positioned as a neighbourhood mall for the community, catering to the basic shopping needs and entertainment of residents in the area, it has a population of over 156,000 within the main trading area i.e. 2 km radius from the mall. |
Sembawang Shopping Centre is located along Sembawang Road and is within close proximity of Sembawang and Yishun MRT stations. The shopping component, with net lettable area of 97,130 sq ft, consists of five floors, including one basement level. The centre is positioned as a one-stop family-oriented necessity mall catering to the local residents. It is anchored by Giant Hypermart, and other major tenants include Kopitiam Foodcourt, Taste of Thailand, Satay Club and Sakae Sushi. |
Jurong Entertainment Centre is a five-storey entertainment centre in the heart of Jurong East Town Centre, next to the Jurong East MRT station and bus interchange as well as the Jurong East National Library. With four levels of retail and entertainment space and one level of basement car park, the centre boasts an ice-skating rink, a six-cinema cineplex, a family karaoke club, a games arcade, a brand new food court and all the major fast food outlets. Jurong Entertainment Centre is positioned as a hip destination for shopping, dining and entertainment targeting youths and residents in the west of Singapore. |
||
 |
 |
 |