SMRT & NTUC Fairprice to develop retail at Sports Hub
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http://news.asiaone.com/News/Latest%2BNews/Singapore/Story/A1Story20121218-390368.html Want to be special... Another out of the way hypermart outlet...
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SMRT Alpha appointed to operate Singapore Sports Hub retail mall
SINGAPORE - The Singapore Sports Hub has appointed SMRT Alpha to lease and operate 41,000 square metres of commercial retail space at the Singapore Sports Hub.
SMRT Alpha is a newly formed joint venture between the subsidiaries of SMRT and NTUC FairPrice, formed to promote Singapore as a sport and lifestyle hub.
The upcoming retail mall and waterfront area will feature a variety of indoor and alfresco food and beverage outlets set in an atmosphere for suburban dining.
There will be a wide-range of options, including cafes, restaurants, bars, dessert and snack bars.
For shoppers, the mall will offer a range of stores and amenities, including fashion, accessories, banking services, entertainment, beauty spas and enrichment centres.
There will also be a FairPrice Xtra hypermarket at the mall.
Chief Executive Officer of the Singapore Sports Hub, Mr Philippe Collin Delavaud, expressed confidence that SMRT Alpha will be able to bring their combined expertise and knowledge to the Singapore Sports Hub.
"Both SMRT and NTUC FairPrice have a proven track record in reaching out to and bringing the community together," he said.
As part of its transit retail management strategy, SMRT said it regards this mall operation as an extension to continuously improve and enhance the experience and convenience of its commuters.
SMRT President and CEO Mr Desmond Kuek said the company is committed to performing its primary role as a safe and reliable public transport operator. At the same time, it is proud to be involved in promoting a sports and lifestyle destination for the Singapore community.
He said the company has valuable retail experience of its own through the running of retail spaces in the SMRT network.
"With the Circle Line Stadium station at the doorsteps of the Singapore Sports Hub, the public can enjoy convenient, quick and easy travel to this highly iconic venue. The East-West Line's Kallang station and Circle Line's Dakota and Mountbatten stations are also nearby, enabling us to bring our transport synergies to the Singapore Sports Hub," he added.
The Singapore Sports Hub will be opened and fully operational in April 2014.
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Not their core business also they do.
Life is surreal.
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Dhoby Ghaut Xchange???
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Originally posted by sbst275:
Dhoby Ghaut Xchange???
That place looks like a ghost town despite it being the heart of the mrt lines.
How the shops survive, I wonder.
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what is dhoby ghaut xchange
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This Sports Hub retail soon also bo lang one.. bo residential area nearby, less Tg Rhu...
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Originally posted by sbst275:
This Sports Hub retail soon also bo lang one..
bo residential area nearby, less Tg Rhu…
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what to do... want to be special ma... Tibs's founder is now NTUC Fairprice's Chair... Tibs ended up so horrible now because they went to be special.. chapalang bus fleet, bendy buses that is not suitable on our roads etc... sooner or later, NTUC Fairprice open outlets even at out of the way places...
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where is sports hub???
NTUC develop retail still can understand but dun quite make sense...
SMRT do retail? come on~ they better buck up their train service which is their core businesss first...
How come theylike town council, like to invest to seek revenue making... and yet when they make profit, u dun see rebate... U only see higher dividend payout for them...
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ex National Stadium lor... lol
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seriously that shouldn't be undertaken by NTUC Fairprice... they're a supermarket chain, not a property or whatever marketer...
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Originally posted by sbst275:
seriously that shouldn’t be undertaken by NTUC Fairprice…
they’re a supermarket chain, not a property or whatever marketer…
Diversify is a good thing...but for SMRT, they should at least mantain the standard of their core business... they diversify yet core like shyt, neither here nor there...
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Originally posted by sbst275:
seriously that shouldn’t be undertaken by NTUC Fairprice…
they’re a supermarket chain, not a property or whatever marketer…
$$$
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Originally posted by charlize:
$$$
more $$$ does not means cheaper goods or better service...more $$$ = more dividend for stakeholders to bring home
most of it goes to the big boys wallet... -
the worst thing is, money needed for future replacement all throw to next mgmt to settle...
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Originally posted by sbst275:
the worst thing is, money needed for future replacement all throw to next mgmt to settle…
of coz, their aim seems like only to take money, bleed the company dry then run off.. Leave all the shyt to the next person in line to clear, while at the same time proclaiming that the company doesn't have much problem b4 they leave... -
money also no use.. is how you earn it... you're not versed in doing this, sure got so call inefficiency that is bound to appear one...
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If cannot make money then give vouchers to union members to visit the place lor.
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Originally posted by sbst275:
money also no use.. is how you earn it…
you’re not versed in doing this, sure got so call inefficiency that is bound to appear one…
Tell that to the people at the top.
Increase GST is to help the poor.
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It's like you go to the sports hub for sports and after your exercise, you suddenly remember that you need to buy laundry detergent or some spam for dinner later.
That's where the hypermart comes in.
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Originally posted by charlize:
It's like you go to the sports hub for sports and after your exercise, you suddenly remember that you need to buy laundry detergent or some spam for dinner later.
That's where the hypermart comes in.
Goes exercise... Buys spam, bacons and tidbits from NTUC...Nice logic
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mai hum mai hum.
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The former plan was to work w/ Frasers to develop retail + hotel.. but guess it never materialise...