Kallang Wave Mall tenants walk away
A number of high-profile tenants have departed Kallang Wave Mall beside the Singapore Sports Hub.
Prominent departures have included fashion retailer Forever 21 and electronics and home furnishing chain Harvey Norman.
But the most significant departure to date has been NTUC Foodfare foodcourt, which closed on June 24.
The departures have raised questions about the current viability of the mall, which opened in 2014. Some tenants have admitted noticeably fewer customers since the foodcourt closure. The foodcourt premises have since been taken over by Yu Kee Group’s halal foodcourt chain My Kampung.
The mall was recently awarded S$2.7 million (about US$2 million) in a court ruling involving a disgruntled former F&B tenant.
A spokesman for NTUC Foodfare told the Straits Times: “Our lease at Kallang Wave Mall has ended and we did not extend the lease due to business considerations.” NTUC reduced the number of stalls in the foodcourt two years ago amidst complaints of low foot traffic.
The mall’s GM Judy Wee told the Straits Times: “We are revitalising our space and bringing in new tenants to enhance the shopping, dining and entertainment experience in the mall.”
New businesses at the mall include fitness studio Neue Fit and health food store Kara.