Singapore’s City Square Mall set to go through a significant upgrade towards sustainability
What: A major mall in Singapore goes through upgrade after 15 years of operations.
Why it is important: Sustainability and community are not yet common words when it comes to public claims from mall operators in Asia, and this shows that mentalities in the region are shifting.
City Square Mall in Singapore, managed by City Developments Limited (CDL), is undergoing a S$50 million asset enhancement initiative (AEI) set to complete by the first half of 2025. Led by Callie Yah, CDL's executive vice president, this initiative marks a significant pivot towards integrating community engagement and environmental sustainability into the mall’s development. The project includes aesthetic upgrades and an expansion of the mall’s food offerings with a special focus on a 24,000 sq ft Gastro Square and a nostalgic-themed Food Republic.
The AEI aims to leverage additional gross floor area gained from restructuring to diversify its trade mix, enhancing the mall's appeal and improving its rental yield. This renovation is described as a crucial update after 15 years to stay competitive in the evolving retail landscape. Sustainable practices are central to the renovation, with plans to use upcycled materials for interior decorations and furniture, highlighting CDL's commitment to circularity.
The enhancement will also include creating community spaces and performance areas to foster cultural activities and social bonds, alongside increasing offerings in athleisure and activities for young families. The National Council of Social Service (NCSS) will also set up a family wellness square, expanding the mall’s role in community welfare.
CDL is responsive to the changing demographics of the mall’s surrounding area, including nearby hotels and residences, ensuring that the mall adapts to consumer preferences and emerging retail trends. This strategic evolution is supported by market research and active tenant engagement. Additionally, a unique feature of the initiative is the collaboration with the social media channel "Just Keep Thinking" to introduce the "CDL Eco Train", a project designed to enhance community eco-awareness, set to launch in the second half of 2024.
Singapore’s City Square Mall set to go through a significant upgrades towards sustainability
