Singapore Grantral Mall @ Clementi Retail Shops For Lease!
新加坡金文泰君超广场吉铺旺店招租!
Grantral Mall is at Commonwealth Avenue West, Singapore, next to Clementi Station. Since we took possession in late 2016, we started the asset enhancement exercise in early 2017 to relocate the level 1 escalator and reconfigure the mall's layout. We managed to maximise the built-up area and improve the space usage efficiency. The total GFA after the AEI is 46791.11 sqft, and the latest rentable area is 30,16.01 sqft. With this improvement, the return improved by 26%.
Currently, the positioning of the mall is to serve the communities in the Clementi neighborhoods and the students from nearby tertiary institutions, namely Singapore Polytechnic, Ngee Ann Polytechnic & National University of Singapore. The anchor tenants operating in the mall are community clinics like NUPH, Anytime Fitness, Mind Stretcher, Kent Ridge Education, Kingdom Indulgence, Sichuan Tianfu Restaurant, Xin He F&B outlet, and so on.
Our enhancement exercise improved the usage of space and footprint, adding to our “instant response” to the service. We have achieved a win-win outcome with the number of good reviews from shopkeepers.