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25% of Funan's retail net lettable area leased before 2019 opening

Thursday, April 27, 2017 - 18:59

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Wilson Tan, ceo of CapitaLand Mall Trust Management, said: "More than two years ahead of opening, Funan has received commitment for about 25 per cent of its total retail net lettable area of 324,000 square feet, making this one of our most well-received developments to date."

A QUARTER of Funan's total retail net lettable area has been leased more than two years ahead of its opening in Q4 2019.

Tenants will include theatre company W!ld Rice, which will build a 380-seat theatre spanning about 18,000 square feet (sq ft). Carrie K., a homegrown artisan jewellery label; and Keepers, a collective of Singapore designers - both founded by local designer Carolyn Kan - will set up a flagship store at Funan.

Former tenants Newstead Technologies, AddOn Systems and T K Foto will also return with bigger offerings.

Newstead will form Funan's largest IT anchor with multiple concept stores spread across 15,000 sq ft, AddOn will operate Singapore's Lenovo flagship and service centre, and T K Foto will have a dedicated test zone for drone videography and photography. Meanwhile, supermarket chain FairPrice Finest will open a brand new supermarket of the future concept.

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Wilson Tan, ceo of CapitaLand Mall Trust Management, said: "More than two years ahead of opening, Funan has received commitment for about 25 per cent of its total retail net lettable area of 324,000 square feet, making this one of our most well-received developments to date."

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