Why bedok no shopping mall?
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why har?
they should build one and name it "delay no mall (more)" -
cos bedok feng shui bu hao, all the capitaland ppl say building will collapse!
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joke or serious?Originally posted by MyPillowTalks:cos bedok feng shui bu hao, all the capitaland ppl say building will collapse! -
y potong pasir no shopping mall?
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cause bedok all ah peks, they prefer hawker center, not shopping mall.
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cos potong pasir run by opposition so priority goes to places run by PAP.Originally posted by BrUtUs:y potong pasir no shopping mall? -
wthOriginally posted by pokkagreentea:cause bedok all ah peks, they prefer hawker center, not shopping mall. -
anyhow say one, is it real???Originally posted by dragg:joke or serious? -
Business Times - 15 Nov 2006
Frasers to turn Bedok theatres into mall
By KALPANA RASHIWALA
FRASERS Centrepoint Ltd (FCL) has bought the adjacent Bedok and Changi theatre sites for $40.8 million and plans to develop the leasehold sites into a mall which, when completed, it will pump into its shopping centre trust, Frasers Centrepoint Trust.
The $40.8 million price reflects a unit land price of about $441 per square foot of potential gross floor area inclusive of an estimated $2.9 million development charge for tapping a higher plot ratio, and a land premium payable for buying two adjoining strips of state land that Frasers Centrepoint can buy.
Market watchers reckon the break-even cost for a new mall project on the site could be about $1,100 psf.
Sellers Shaw Brothers (owner of Changi theatre) and Cathay group (which owns the adjacent Bedok theatre) obtained outline planning permission in early August to redevelop the two theatre sites as well as the adjoining state lands into a mixed-use commercial complex with a 3.0 plot ratio, with a total gross floor area of about 133,598 sq ft.
The two theatres, on sites with a remaining lease of about 70 years, have a combined land area of 33,084 sq ft. The two strips of state land can contribute a further 11,448 sq ft in land area.
Knight Frank handled the sale of the Changi and Bedok theatres, through a tender which closed on Oct 30. The tender is said to have attracted three bids, of which Frasers Centrepoint's offer was the highest. The other two bidders are believed to have been Guthrie and Heeton.
The mall that Frasers Centrepoint Ltd (FCL) will develop on the site will be its first in the eastern part of Singapore. FCL's CEO Lim Ee Seng said in a statement yesterday: 'Upon redevelopment, the Bedok sites will increase FCL's portfolio of quality retail malls under management to eight, extending our reach to the eastern region of Singapore . . . When completed, the retail mall is expected to be injected into Frasers Centrepoint Trust.'
FCL has granted the trust a five-year right of first refusal on completed mall properties in Singapore owned, acquired or developed by FCL.
Christopher Tang, CEO of Frasers Centrepoint Asset Management Ltd, the manager of the trust, said the latest deal demonstrates the 'merits of the developer-sponsored Reit model'.
Frasers Centrepoint Trust - which was listed on the Singapore Exchange in July and which currently owns three shopping centres on the island - now has ready access to an enlarged acquisition pipeline of malls which includes the future Bedok mall, as well as Northpoint 2 and the existing Centrepoint Shopping Centre units, Mr Tang added.
Copyright © 2005 Singapore Press Holdings Ltd. All rights reserved. -
I reckon a public library full of cranky people is enough. Who needs more?
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Originally posted by ditzy:I reckon a public library full of cranky people is enough. Who needs more?
speaking of bedok library, i haven't been there in quite a while. ever since I left secondary school. -
yea -
go tenpenis lah
or parkway parade...maybe can bump into snoopy -
Because Tampines have TWO
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The land in Bedok not suitable to build tall building?
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What's that project going on at corner of New Changi Road and Bedok Ave 3?
A bigger Bedok Town Centre for ah peks?
They are also making a linkway from Bedok Ave 3 to the PIE, I think this is in preparation for that project completion.
Maybe that is the mall comming up. -
u jealous AMK got shopping centre (soon to be) ah?
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Originally posted by Hogzilla:
make it THREE
Because Tampines have [b]TWO[/b]
after they demolish DBS Tampines and Pavilion to make way for another shopping centre!!!!!
my hse value will go up up up! -
how come hor, changi oso no shopping mall ar?
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how come hor, ubin oso no shopping mall ar?Originally posted by MyPillowTalks:how come hor, changi oso no shopping mall ar? -
I rather have more park land...
So many shopping malls.. Sianz ah! -
not like there's anything interesting inside..Originally posted by mistyblue:I rather have more park land...
So many shopping malls.. Sianz ah! -
yeah ... same shop, same brands, same franchisesOriginally posted by shinta:not like there's anything interesting inside..
I vote for park land.
I don't mind if Bedok Central keeps its current rustic charms.
Singaporean do not need more shopping, they need more time away from shopping. I see my brother-in-law's kids. All they know at age 2, is shopping. The boy had so little exercise that now at 3, he still cannot walk without tripping over (and he cries, sulks and throw tantrums all the time). This comes from sitting in prams all day when the parents takes him shopping. -
the only project going on near the central is the new bus terminal.Originally posted by mancha:What's that project going on at corner of New Changi Road and Bedok Ave 3?
A bigger Bedok Town Centre for ah peks?
They are also making a linkway from Bedok Ave 3 to the PIE, I think this is in preparation for that project completion.
Maybe that is the mall comming up. -
WHY HOUGANG SENGKANG YIO CHU KANG NO CINEMAS!!!
