Singapore, 4 September 2010 – The Clementi Mall is scheduled to be operational by January 2011, with Fairprice Finest, Foodfare and National Library Board (NLB) as its anchor tenants.
Located at Clementi town centre, The Clementi Mall is a six-storey retail development totaling approximately 190,000 square feet of retail space, which includes a basement shopping level and a basement carpark with about 144 carpark lots. Upon completion, it will be linked directly to the Clementi MRT station on the third storey and subsequently, the bus interchange on the first level in the later part of 2011.
The Housing and Development Board (HDB) has handed over the core structure and facade to the mall management on 31 August 2010. Fitting out works will commence soon and they are due to be completed in two phases. Level 1 and Basement One comprising the supermarket and shops are scheduled to be ready by January 2011, and levels three to five by March 2011.
When completed, the Fairprice Finest supermarket will occupy approximately 20,000 square feet at Basement One while Foodfare foodcourt will take up about 10,000 square feet on Level 4. The 20,000 square feet NLB library will be situated on Level 5.
With its strategic location in Clementi town and accessibility to integrated transport amenities like the Clementi MRT station and bus interchange, The Clementi Mall is poised to be an anchor attraction in the area. Positioned as a contemporary and mid-market mall, The Clementi Mall will enjoy a good catchment from Holland Village, Bukit Timah and West Coast, where key tertiary institutions such as National University of Singapore, Ngee Ann Polytechnic, Singapore Polytechnic, and UniSIM are located.
The mall logo, with its bright and cheerful hues of blue and orange, and easy-to-read typeface, is designed to portray a contemporary lifestyle family mall. The word “mall” is deliberately encased in a circle to depict the circular architectural design of the building.
CM Domain, the owner of The Clementi Mall, had won the tender for the 99-year leasehold property at Commonwealth Avenue West / Clementi Avenue 3 in November 2009. The Clementi Mall is part of a larger development by HDB, which will also house two blocks of 40-storey HDB residential flats totalling 388 units above the retail podium.
Active marketing initiatives are being carried out to sign up suitable tenants. For leasing enquiries, please contact Mrs Linda Kwan at 6733 1900 or firstname.lastname@example.org. For more information, please visit www.theclementimall.com.
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CM Domain Pte Ltd
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About CM Domain Pte Ltd
CM Domain Pte Ltd is a joint venture by SPH's subsidiary Times Properties Pte Ltd (60%), NTUC Income Insurance Co-operative Limited (20%) and NTUC Fairprice Co-operative Limited (20%). It owns The Clementi Mall, a 99-year leasehold property located at Clementi town centre.
About Singapore Press Holdings Ltd
Incorporated in 1984, main board-listed Singapore Press Holdings Ltd (SPH) celebrated its 25th anniversary in 2009. It is Southeast Asia’s leading media organisation, engaging minds and enriching lives across multiple languages and platforms.
Newspapers and Magazines
In Singapore, SPH publishes 17 newspaper titles in four languages. Every day, 3 million individuals or 79 per cent of people above 15 years old, read one of SPH's news publications. SPH also publishes and produces more than 100 magazine titles in Singapore and the region, covering a broad range of interests from lifestyle to information technology.
Internet and Mobile
Beyond print, the Internet editions of SPH newspapers enjoy over 225 million pageviews with 14 million unique visitors every month. Apart from SPH AsiaOne portal, SPH's online and new media initiatives include an online marketplace for products, services and employment, ST701; local search and directory engine, rednano.sg; Stomp (Straits Times Online Mobile Print), a portal that connects, engages and interacts with readers on the Web and via mobile phone messaging; omy.sg, a bilingual news and interactive portal and The Straits Times RazorTV, a free access interactive webcast service offering live chat shows and video-on-demand clips.
SPH has a 20 per cent stake in MediaCorp TV Holdings Pte Ltd, which operates free-to-air channels 5, 8 and U, and a 40 per cent stake in MediaCorp Press Limited, which publishes the free newspaper, Today. In the radio business, SPH has an 80 per cent stake in SPH UnionWorks Pte Ltd, which operates entertainment stations Radio 100.3 in Mandarin and 91.3FM in English.
Events and Outdoor Advertising
SPH’s events subsidiary Sphere Exhibits organises innovative consumer and trade events and exhibitions. In addition, SPH has ventured into out-of-home (OOH) advertising through its wholly-owned subsidiary, SPH MediaBoxOffice Pte Ltd, Singapore’s largest outdoor motion display advertising network media company.
SPH owns and manages Paragon, the prime retail and office complex in the heart of Orchard Road, Singapore's main shopping belt. SPH's wholly-owned subsidiary, Times Development Pte Ltd, has also developed a 43-storey upmarket residential condominium, Sky@eleven, at Thomson Road. The Clementi Mall, SPH's latest retail mall, will be operational in 2011.