Waterway Point Mall Singapore 90% leased
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The new Waterway Point Mall in Singapore is already 90 per cent leased, a whole six months ahead of its scheduled opening date.
Developer Frasers Centrepoint Malls says the new centre in Punggol won’t be open for business for about six months, but the vast majority of space is now leased.
Waterway Point is part of Watertown, an integrated waterfront residential and retail development by Frasers Centrepoint, Far East Organization and Sekisui House.
A 24 hour FairPrice Finest supermarket, a 1500 seat Shaw Theatres multiplex cinema and a large Times Bookstore have been named as anchor tenants.
The new 370,824 sqft mall will feature four levels of indoor retail space, alfresco dining and leisure space.
The Times Bookstore will be the chain’s largest in Singapore with a 7335 sqft footprint.
“Once underserved, Punggol today is a picture of rapid development,” said Christopher Tang, CEO for commercial and Greater China with Frasers Centrepoint.
“The positive take-up underscores a healthy demand for retail space in this developing area.”
Questions & Answers
Q.When is Waterway Point Mall expected to open to the public?
When is Waterway Point Mall expected to open to the public?
The new Waterway Point Mall is scheduled to open in approximately six months. It has achieved its high leasing rate well in advance of its planned operational start date, showing strong interest from retailers.
Q.Which companies are developing the Watertown integrated project that includes Waterway Point Mall?
Which companies are developing the Watertown integrated project that includes Waterway Point Mall?
The Watertown integrated waterfront residential and retail development, which encompasses Waterway Point Mall, is a joint project by Frasers Centrepoint, Far East Organization, and Sekisui House.
Q.What are some of the key tenants announced for the Waterway Point Mall?
What are some of the key tenants announced for the Waterway Point Mall?
Named anchor tenants for Waterway Point Mall include a 24-hour FairPrice Finest supermarket, a 1500-seat Shaw Theatres multiplex cinema, and a large Times Bookstore, which will be the chain's biggest in Singapore.
Q.How large will the new Waterway Point Mall be in terms of retail space?
How large will the new Waterway Point Mall be in terms of retail space?
The new Waterway Point Mall will span 370,824 square feet of retail space. It will be organised across four levels, offering both indoor shopping areas and alfresco dining and leisure options.
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