Compass One in Sengkang, Singapore, owned within M&G Real Estate’s core Asia property strategy, will reopen in September on schedule and budget with a wider range of shops and services including more than 50 new retailers after an 11-month shutdown for a major upgrade.
The new-look mall, which will have a larger library on two levels, more educational facilities, larger common areas, improved amenities including a children’s wet and dry playground and exciting food and beverage options, has attracted strong interest from retailers who have so far committed to lease 95% of the retail space.
Tenants started moving in last month to fit out their retail space following the granting of the Temporary Occupation Permit.
An array of promotions, rewards, games booths and in-mall performances will greet shoppers when the doors open again, reconnecting Sengkang residents with their neighbourhood mall, which has a 13-year history of community support.
New tenants include Challenger, The Coffee Bean & Tea Leaf, Owndays, Royal London Duck, Mavis Tutorial centre, Staiford Learning Centre and Paradise Hotpot.
They will be joined by popular long term tenants POSB, Royal Sporting House, Kiddy Palace, Poh Heng, Starbucks, Pizza Hut, and Popular, along with anchor tenants Cold Storage, Sengkang Public Library and Kopitiam.
Fans of Llaollao Frozen Yogurt will also be glad to know that it will be opening an outlet at Compass One. Other notable tenants spotted from their Facebook Page are Lego, Gong Cha, KOI, Toast Box, Triumph, WTS Travel, KFC, Old Chang Kee and many more
Sharon Tan, Centre General Manager at Compass One, said: “The re-opening is going to be an exciting experience for shoppers who will enjoy improved family friendly space with better access for the elderly and physically challenged, and increased education facilities.”
M&G Real Estate, the real estate fund management arm of M&G Investments, took full ownership of the mall in February 2016, having owned a majority stake since 2002.
An unofficial list of Compass One tenants can be found at the Wikipedia page here
For more updates, visit their Facebook Page
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