SINGAPORE – A joint venture shopping mall between Singapore Press Holdings Limited (SPH) and United Engineers Limited (UEL) has been named “The Seletar Mall”.
HDB awarded the tender for the 99-year leasehold commercial site located at the junction of Sengkang West Avenue and Fernvale Road. The project will be completed at the end of 2014.
The unique triangular shaped mall is 70 per cent owned by SPH and 30 per cent owned by UEL.
It is designed as a family orientated shopping facility with a friendly, comfortable and pleasant environment.
It will feature horizontal and vertical retail and space planning and include environmentally-sustainable features such as natural lighting and thoughtful material selection.
The four-storey shopping mall is designed to include a gross floor area of 284,000 sq ft which includes two basement levels and a Cineplex. An Aerospace Park which will be completed in 2013 will be constructed near the mall as well.
The new commercial building was built in mind to cater to the existing residents and those in the planned new residential developments in the vicinity.
Shoppers can access the mall via the Fernvale Light Rail Transit (LRT) and linked to the Sengkang North East Line (NEL). The Sengkang bus interchange is also nearby.
wjeanne@sph.com.sg
Source : http://business.asiaone.com