Sembawang Shopping Centre

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Sembawang Shopping Centre
Total retail floor area
197,676 square feet (18,364.7 m2) (Total)
134,534.99 square feet (12,498.710 m2) (Retail)
No. of floors3 with 1 Basement (1 retail Basement)
Parking165 lots
Public transit accessBus transport 167, 856, 858/858A, 859, 980[1]
Websitewww.sembawangsc.com.sg

Sembawang Shopping Centre is a four-storey commercial development located along Sembawang Road in Sembawang Spring Estate of Sembawang, Singapore. It was first opened in 1986 and underwent a refurbishment in 2007 and reopened in late 2008. In April 2018, the Centre was sold to Lian Beng-Apricot Sembawang.[2]

History

Sembawang Shopping Centre was developed by CapitaLand Mall Trust on a freehold land. It consists of four retail stories (including one Basement). It has a total floor area of 197,676 square feet (18,364.7 m2) in which 134,534.99 square feet (12,498.710 m2) are used for commercial purposes.[3]

The mall underwent a refurbishment in 2007 and reopened on 1 December 2008. The

Colliers International as the estate agent, the Centre was sold to a joint venture of Lian Beng Group and Apricot Capital (Lian Beng-Apricot Sembawang) in an attempt to diversify the portfolio of CapitaLand Mall Trust.[6] This was for an amount of S$248 million, an amount that is double the valuation of the mall as well as the largest sum for any private dedicated mall in Singapore for the immediate few years of time.[7][8]
After the purchase, Knight Frank Property Asset Management Pte Ltd is the managing agent for the mall.

Locality

The shopping mall is a landmark along Sembawang Road, and is located within the vicinity of landed Sembawang Spring Estate.[9]

Awards

Year Award Awarding Agency Ref.
2009 BCA Green Mark Gold Award (Category: Buildings) Building & Construction Authority of Singapore (BCA) [10][11]

References

  1. ^ "MyTransport.SG:Map". MyTransport.SG. Retrieved 10 May 2018.
  2. ^ "Sembawang Shopping Centre". PropertyGuru.
  3. ^ Rachel Mui (19 April 2018). "CapitaLand Mall Trust sells Sembawang Shopping Centre to Lian Beng joint venture for S$248m". The Straits Times. Retrieved 10 May 2018.
  4. ^ "Time Stands Still at Singapore's Veteran Shopping Malls". Remember Singapore. 13 June 2012. Retrieved 10 May 2018.
  5. ^ "Commercial | DCA Architects". www.dca-architects.com. Retrieved 10 May 2018.
  6. ^ "BRIEF-CapitaLand Mall Trust Divests Sembawang Shopping Centre For..." U.S. Retrieved 10 May 2018.
  7. ^ "凯德商用新加坡信托以2亿4800万元脱售三巴旺购物中心给联明组成的合资公司". Lianhe Zaobao (in Chinese). 19 April 2018. Retrieved 10 May 2018.
  8. ^ "Sembawang Shopping Centre sold for $248m". The New Paper. Retrieved 10 May 2018.
  9. ^ Singapore, National Library Board. "Sembawang Road | Infopedia". eresources.nlb.gov.sg. Retrieved 10 May 2018.
  10. ^ "Building & Construction Authority of Singapore" (PDF). p. 28. Retrieved 11 May 2018.
  11. ^ Building and Construction Authority. "About BCA Green Mark Scheme". Retrieved 11 May 2018.

External links

Retrieved from "https://en.wikipedia.org/w/index.php?title=Sembawang_Shopping_Centre&oldid=1178221041"