Paul Lee
Supremacy Member
- Joined
- Jan 1, 2000
- Messages
- 5,665
- Reaction score
- 160
I took a trip down to CM yesterday evening and I have to say that I like what I saw.
Its modern, well laid out (except for the passenger lift inside popular lol), and has a good mix of retail, F&B, services. It also has a good mix of big and small shops and as far as I can tell, its 100% leased out (which is the most important for a mall operator).
Of cos for any mall, the clincher is the human traffic and for a Mon evening, I think the crowd is decent. There's a good mix of residents and 'outside' visitors (those who dun stayed in the area). And most F&B outlets are >50% full. The foodfare foodcourt was similarly crowded which is no small feat in itself considering that there's a very good hawker centre and many coffeeshop nearby and foodfare food are kinda mediocre.
I did not venture to B1 so cannot comment on the crowd at NTUC finest. But the library at L5 was well patronised. If there is one negative, its that the premium L1 does not have space for a lot of outlets which is kinda strange.
I think CM will continue to do well. The anchor tenants like the library, NTUC finest and BHG will continue to draw in the crowd especially those living in the Clementi area. These people need not bother with going to Jurong Point, or IMM now that they have a modern mall in their own neighbourhood.
Its modern, well laid out (except for the passenger lift inside popular lol), and has a good mix of retail, F&B, services. It also has a good mix of big and small shops and as far as I can tell, its 100% leased out (which is the most important for a mall operator).
Of cos for any mall, the clincher is the human traffic and for a Mon evening, I think the crowd is decent. There's a good mix of residents and 'outside' visitors (those who dun stayed in the area). And most F&B outlets are >50% full. The foodfare foodcourt was similarly crowded which is no small feat in itself considering that there's a very good hawker centre and many coffeeshop nearby and foodfare food are kinda mediocre.
I did not venture to B1 so cannot comment on the crowd at NTUC finest. But the library at L5 was well patronised. If there is one negative, its that the premium L1 does not have space for a lot of outlets which is kinda strange.
I think CM will continue to do well. The anchor tenants like the library, NTUC finest and BHG will continue to draw in the crowd especially those living in the Clementi area. These people need not bother with going to Jurong Point, or IMM now that they have a modern mall in their own neighbourhood.
