The Seletar Mall, a new development by a 70:30 joint venture between Singapore Press Holdings (SPH) and United Engineers Limited (UEL), will be completed at the end of 2014.
The 99-year leasehold mall, located at the junction of Sengkang West Avenue and Fernvale Road, will have a gross floor area of 284,000 sq ft and a net lettable area of 188,000 sq ft, spread over four levels above ground and two basement levels.
Key anchor tenants include a cineplex on the fourth floor, a food court on the third floor, and a supermarket at the basement. The basement will also have about 390 parking spaces.
The Seletar Mall will be family-oriented and cater to existing and future residents staying in HDB flats, private condominiums and landed properties in the vicinity. There will be 730,000 residents and a working population of 47,000, including those from the upcoming Aerospace Park which will be ready next year, within five kilometres of the development.
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