Nex
Encyclopedia
Nex 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.
, 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, 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. 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.
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", 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 53000 square feet (4,923.9 m²) space as the anchor department store outlet. On 3 February 2010, the National Library Board announced that the Serangoon Public Library with 17000 square feet (1,579.4 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.
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.
and Cold Storage
and two food courts (Food Republic
and Food Junction) in the same mall.
Some notable tenants include:
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.
. 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.To take a good view of where the new bus interchange will be located, click here.For information, click here
Shopping mall
A shopping mall, shopping centre, shopping arcade, shopping precinct or simply mall is one or more buildings forming a complex of shops representing merchandisers, with interconnecting walkways enabling visitors to easily walk from unit to unit, along with a parking area — a modern, indoor version...
in Serangoon
Serangoon
Serangoon is town situated in the central part of the city-state of Singapore, within the North-East Region. The Housing and Development Board housing estate of Serangoon New Town in Serangoon is one of the smaller new towns. Its town centre is known as Serangoon Central, and is the target of...
, within the North-East Region
North-East Region, Singapore
The North-East Region of Singapore is one of the five regions in the city-state. It includes seven urban planning areas. As its name implies, it is located in the north-eastern part of Singapore.The land area is about 13,810 hectares....
of Singapore
Singapore
Singapore , officially the Republic of Singapore, is a Southeast Asian city-state off the southern tip of the Malay Peninsula, north of the equator. An island country made up of 63 islands, it is separated from Malaysia by the Straits of Johor to its north and from Indonesia's Riau Islands by the...
. 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
Serangoon Bus Interchange
Serangoon Bus Interchange is a bus station serving Serangoon New Town in Singapore, and is within walking distance from Serangoon MRT Station. Opened on 3 September 2011 and operated by SBS Transit, it is the smallest air-conditioned bus interchange in Singapore with 8 services and 17 bus bays...
, the fifth bus interchange in Singapore which is air-conditioned.
History
Nex was built on an empty plot of land 25,007.70 square metres in size directly above the Serangoon MRT StationSerangoon MRT Station
Serangoon MRT Station ' is an underground interchange station on the North East Line and the Circle Line in Singapore. The station is located in the Serangoon Central area, at the intersection of Upper Serangoon Road and Serangoon Central...
, 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
Land Transport Authority
The Land Transport Authority is a statutory board under the Ministry of Transport of the Singapore Government.-History:...
in 2003 as a 99-year leasehold white site, 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
City Developments
Singapore's property pioneer since 1963, City Developments Limited is a listed international property and hotel conglomerate involved in real estate development and investment, hotel ownership and management, facilities management as well as the provision of hospitality solutions.With an...
), Hong Leong Holdings Limited and TID Pte Ltd for $401,000,000.00 and Peak Star Pte Ltd for $215,000,000.00. 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.
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", 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
Isetan
is a Japanese department store. Based in Shinjuku, Tokyo, Isetan has branches throughout Japan and East Asia, including Bangkok, Jinan, Kaohsiung, Kuala Lumpur, Shanghai, Singapore and Tianjin and formerly in Hong Kong, London and Vienna....
has secured a 53000 square feet (4,923.9 m²) space as the anchor department store outlet. On 3 February 2010, the National Library Board announced that the Serangoon Public Library with 17000 square feet (1,579.4 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.
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 XtraNTUC FairPrice
NTUC FairPrice Co-Operative is a supermarket chain based in Singapore and the largest in the country. The company is a co-operative of the National Trades Union Congress or NTUC. The group has 100 supermarkets across the island, with over 50 outlets of Cheers convenience stores island-wide...
and Cold Storage
Cold storage
Cold storage may refer to:* A form of refrigerated storage* Cold Storage, a musician also known as Tim Wright * Cold Storage , a supermarket found in Singapore and Malaysia* COLD...
and two food courts (Food Republic
Food Republic
- Food Republic Website - US :"Food Republic" is a website founded on the idea that guys everywhere are putting food at the center of their lives like never before. This is the site for men who want to eat and drink well, and to live smart. It was launched in March, 2011 by Food Republic Media...
and Food Junction) in the same mall.
Some notable tenants include:
- AIBIAIBI InternationalAIBI International Pte Ltd is an international company operating in health industry. It produces and distributes beauty, health, and fitness products such as Treadmills, Elliptical Trainers, and Inversion Machines. It was originally established in 1985 in Singapore...
- Cold StorageCold Storage (supermarket)Cold Storage is the second-largest supermarket chain in Singapore behind NTUC FairPrice, owned by Dairy Farm International Holdings.It operates 3 supermarket brands in Singapore and Malaysia; Cold Storage , Market Place and Shop N Save .-History:Established in 1903, Cold Storage started as a small...
(Anchor) - Courts (Anchor)
- Crystal Jade Kitchen
- Fairprice XtraNTUC FairPriceNTUC FairPrice Co-Operative is a supermarket chain based in Singapore and the largest in the country. The company is a co-operative of the National Trades Union Congress or NTUC. The group has 100 supermarkets across the island, with over 50 outlets of Cheers convenience stores island-wide...
(Anchor) - Food Junction (Anchor)
- Food RepublicFood Republic- Food Republic Website - US :"Food Republic" is a website founded on the idea that guys everywhere are putting food at the center of their lives like never before. This is the site for men who want to eat and drink well, and to live smart. It was launched in March, 2011 by Food Republic Media...
(Anchor) - IsetanIsetanis a Japanese department store. Based in Shinjuku, Tokyo, Isetan has branches throughout Japan and East Asia, including Bangkok, Jinan, Kaohsiung, Kuala Lumpur, Shanghai, Singapore and Tianjin and formerly in Hong Kong, London and Vienna....
(Anchor) - Kiddy Palace
- Party World KTV
- Popular BookstorePopular HoldingsPopular Holdings , commonly called Popular, is a Singapore-based company that publishes, distributes, and retails books for the local education market. It has subsidiaries in countries such as Canada, the People's Republic of China, Malaysia, Hong Kong and Taiwan...
- Serangoon Public Library (Anchor)
- Shaw Theatres (Anchor)
- Shokutsu 10
- Pet Safari
- 7-Eleven7-Eleven7-Eleven is part of an international chain of convenience stores, operating under Seven-Eleven Japan Co. Ltd, which in turn is owned by Seven & I Holdings Co...
- Swensen'sSwensen'sSwensen's is a global chain of ice cream restaurants that started in San Francisco, California.-History:The company was started in 1948 by Earle Swensen. Swensen opened his first shop at the corner of Union and Hyde Streets, along the cable car tracks in Russian Hill in San Francisco at what had...
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
Freshness Burger
Freshness Burger, often referred to simply as Freshness, is a fast food restaurant from Japan. Founded in 1992, it sells hamburgers, sandwiches, salads, and coffee drinks. It advertises itself as "Fresh and Organic," operating under the slogan "Freshness Food, Freshness Serving, Freshness People,...
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 XtraNTUC FairPrice
NTUC FairPrice Co-Operative is a supermarket chain based in Singapore and the largest in the country. The company is a co-operative of the National Trades Union Congress or NTUC. The group has 100 supermarkets across the island, with over 50 outlets of Cheers convenience stores island-wide...
. 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
Land Transport Authority
The Land Transport Authority is a statutory board under the Ministry of Transport of the Singapore Government.-History:...
announced that Serangoon Bus Interchange
Serangoon Bus Interchange
Serangoon Bus Interchange is a bus station serving Serangoon New Town in Singapore, and is within walking distance from Serangoon MRT Station. Opened on 3 September 2011 and operated by SBS Transit, it is the smallest air-conditioned bus interchange in Singapore with 8 services and 17 bus bays...
, upcoming fifth fully air-conditioned Bus Interchange, will commence operation on 3 September 2011 except for bus services 81 and 82, behind nex mall.To take a good view of where the new bus interchange will be located, click here.For information, click here