- Nex
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Coordinates: 1°22′10.7″N 103°50′54.6″E / 1.369639°N 103.8485°E
Nex (Nex Serangoon) nex like a roulle Location Serangoon, Singapore Address 23 Serangoon Central Opening date 25 November 2010 (operational)
21 April 2011 (official)Owner Gold Ridge Pte Ltd No. of stores and services 380/382 No. of anchor tenants 8 Anchors Total retail floor area 600,000 sq ft (56,000 m2). Parking 450 lots No. of floors 7 floors, including 2 basement floors and a rooftop Website www.nex.com.sg Nex (officially written as "nex" with a lowercase "n") is a suburban shopping mall in Serangoon, within the North-East Region of Singapore. The largest mall in the Northeast region and one of the largest suburban malls in the country, it has an integrated air-conditioned Serangoon Bus Interchange, the fifth bus interchange in Singapore which is air-conditioned.
Contents
History
Nex was built on an empty plot of land 25,007.70 square metres in size directly above the Serangoon MRT Station, and was envisaged to better utilise land use by incorporating the existing Serangoon Bus Interchange which neighbours the new mall and takes up a relatively large area of land. The land was on the Government Land Sale Programme Reserve List and was first put on public tender by the Land Transport Authority in 2003 as a 99-year leasehold white site,[1] but it was not awarded. The LTA relaunched the site again on 7 December 2007 and when the tender closed on 26 March 2008, six bids were received, namely Gold Ridge Pte Ltd for $800,900,000.00, Serangoon Community Developments Pte Ltd for $727,000,000.00, FC Retail Trustee Pte Ltd (unit of Frasers Centrepoint) for $706,138,888.00, a joint venture comprising HSBC Institutional Trust Services (Singapore) Limited (trustee for CapitaMall Trust), NTUC Income Insurance Co-Operative Limited and NTUC Fairprice Co-Operative Limited for $660,926,828.00, a joint venture between City Ridgeview Pte Ltd (unit of City Developments), Hong Leong Holdings Limited and TID Pte Ltd for $401,000,000.00 and Peak Star Pte Ltd for $215,000,000.00.[2] The land with a maximum gross floor area (GFA) of 87,527.00 square metres is thus awarded to Gold Ridge Pte Ltd on 28 March 2008 as the top bidder at a tendered price of S$9,150.32 per square metre of GFA.[3]
Designed by SAA Architects, the mall was built by construction firm Low Keng Huat which was awarded the S$295 million contract on 25 November 2008 and the building broke ground in the same month. By April 2009, the owners has secured 30% occupancy commitments, and named the mall as "nex",[4] which refers to "Northeast Exchange" in reference to its location and its site above a major transport node. By July 2009, 60% of the space has been leased out and Isetan has secured a 53,000-square-foot (4,900 m2) space as the anchor department store outlet. On 3 February 2010, the National Library Board announced that the Serangoon Public Library with 17,000 square feet (1,600 m2) of space and a start-up collection of about 150,000 will be opened in the mall. The library opening date is 11 March 2011.[5]
The mall opened for its soft opening on 25 November 2010, although most stores remained closed and only fully opened in the subsequent days or weeks.
Tenants
There are over 350 tenants, with several anchor tenants. The mall claims to be unique in housing several major competitors, in particular in having two supermarkets (Fairprice Xtra and Cold Storage and two food courts (Food Republic and Food Junction) in the same mall.[6]
Some notable tenants include:
- AIBI
- Cold Storage (Anchor)
- Courts (Anchor)
- Crystal Jade Kitchen
- Fairprice Xtra (Anchor)
- Food Junction (Anchor)
- Food Republic (Anchor)
- Isetan (Anchor)
- Kiddy Palace
- Party World KTV
- Popular Bookstore
- Serangoon Public Library (Anchor)
- Shaw Theatres (Anchor)
- Shokutsu 10
- Pet Safari
- 7-Eleven
- Swensen's
While the tenant mix is not particularly unique, some stores have attempted in product differentiation. Isetan introduced a section dedicated to handbags and fashion labels from Japan and a range of cosmetics brands unavailable in competing malls in the vicinity. Guardian pharmacy introduced its first private patient care counselling room. Pet Lovers has its first rooftop dogrun. Tenants who opened their début outlets in Singapore include Freshness Burger and Kabe no Ana.
Facilities and amenities
The mall incorporates the five-bay Serangoon Bus Interchange on its Basement level, with direct connections to Serangoon MRT Station. Parts of the mall will remain permanently open for public access to transport facilities and to allow access to its 24-hr outlets such as McDonalds and Fairprice Xtra. However the lack of upgrading of the roads in the surrounding area leads to frequent traffic jams especially in the evenings and on weekends.
On Thursday, 25 August 2011, Land Transport Authority announced that Serangoon Bus Interchange, upcoming fifth fully air-conditioned Bus Interchange, will commence operation on 3 September 2011 except for bus services 81 and 82, behind nex mall.[7]To take a good view of where the new bus interchange will be located, click here.For information, click here
References
- ^ http://app.lta.gov.sg/corp_press_content.asp?start=663
- ^ http://app.lta.gov.sg/corp_press_content.asp?start=1911
- ^ http://app.lta.gov.sg/corp_press_content.asp?start=1914
- ^ http://www.channelnewsasia.com/stories/singaporebusinessnews/view/422270/1/.html
- ^ http://www.straitstimes.com/BreakingNews/Singapore/Story/STIStory_485814.html
- ^ http://lushhomemedia.com/2010/11/17/serangoons-nex-shopping-mall-to-open-by-the-end-of-this-month/
- ^ http://app.lta.gov.sg/corp_press_content.asp?start=8f4ltoel2nfac1y7jr4re3st4y88yyby41l04mc34t0q4vi74k
External links
Categories:- Shopping malls in Singapore
- Buildings and structures completed in 2010
- Serangoon
- Shopping malls established in 2010
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