Compass One

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Compass One
Compass Point, Nov 05.JPG
Main entrance of the mall in 2006
General information
Location Sengkang, Singapore
Address 1 Sengkang Square, Singapore 545078
Opening 1 August 2002 (as Compass Point)
Closed 26 October 2015 (Upgrading works)
Owner M&G Real Estate
Management M&G Real Estate
Technical details
Floor count 6 floors
Floor area 25,000 square metres (270,000 sq ft)
Design and construction
Developer Frasers Centrepoint
Other information
Number of stores 129
Number of anchors 0 (due to upgrading works)

1 Sengkang Mall (formerly known as Compass Point) is a suburban shopping mall located in the town centre of Sengkang New Town, Singapore. The mall was built as an integrated development together with a condominium, Compass Heights which is located adjacent to the mall. Originally opened on August 1, 2002,[1] the mall closed on October 26, 2015 for upgrading works and is scheduled to open in the 3rd quarter of 2016.

History

Compass Point was built as an integrated development together with the adjacent Sengkang MRT/LRT station and Compass Heights condominium.[2][3] Constructed at a cost of S$230 million,[4][5] the shopping mall started operations in August 2002.[1] The shopping centre was the first major mall to open on the North East Line.[4]

On June 19, 2015, it was announced that Metro, one of the mall's anchor tenants, will be closing its 12 years old outlet in the mall due to the challenging retail scene in Singapore.,[6] and at the same time, Compass Point will be closed on October 25, 2015 as 12 year mall will be undergoing renovation and upgrading works.[7]

Management changes and upgrading works

On December 16, 2015, it was announced that real estate fund manager M&G Real Estate will become the sole owner of Compass Point mall in Sengkang, after entering into a deed to acquire the remaining 18.99 per cent of shares owned by Frasers Centrepoint. The buyout was finalized in February 2016 and M&G Real Estate announced that the mall will reopen in December 2016 after upon completion of the upgrading works under a new name and new management.[8]

Facilities

Compass Point

Tile floor mural in Compass Point

Before the renovation works, the mall was Singapore's first thematic suburban shopping mall based on the theme of learning. Educational panels and informative posters are mounted on railings and walls, which feature interesting trivia based on particular themes updated periodically. After getting feedback from the public and commissioning a survey of residents in the area, conducted by international property adviser DTZ Debenham Tie Leung Limited, the mall's developer, Centrepoint Properties, proposed the learning theme for the shopping mall to cater to the predominantly young families of Sengkang New Town.[4][9][10]

The shopping mall had an approximate retail area of 269,098 square feet (25,000.0 m2). Retail space was spread out over four storeys and a basement. Each storey of the shopping centre was named after the five major continents, with motifs showing different aspects of that continent, such as flora and sea-transport vessels:[4] Oceania (basement storey); Asia (ground floor); Europe (2nd storey); The Americas (3rd); and Africa (4th).

Incidents

On 27 December 2008, a roadshow for local drama "The Little Nyonya" featuring the main cast of the drama was held at the ground level, and the response was extremely overwhelming with approximately 5,000 people present, with every floor being filled up. Due to the large crowd, some tiles on the ground floor of the mall cracked and popped towards the end of the event.[11][12][13][14]

Tenants when reopen

Accessibility

Compass one is well-served by public transport, being located just next to the Sengkang MRT/LRT station and Sengkang Bus Interchange. Being easily accessible, the shopping centre serves as the main suburban shopping mall for residents of Sengkang New Town.

Gallery

  • Compass Point before the upgrading works

  • Compass Point Shopping Centre 2, Apr 06.JPG

    Wall mounts on the railings depicting the theme of the mall

  • Wall tile mural in Compass Point

See also

References

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External links

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