Nex

NEX

NEX is the largest suburban retail mall in Northeast Singapore and the second largest suburban retail mall in Singapore with a total net lettable area of 634,631 sf spread over seven retail levels. Notable brands among its over 300 stores include FairPrice Xtra, Isetan, Food Junction, H&M, Courts, Popular Bookstore and Shaw Theatres.

NEX is easily accessible via the integrated Serangoon Bus Interchange and Serangoon MRT station which connects to the North East Line and Circle Line of the MRT network, making it a convenient destination for the surrounding residential population and commuters. The upcoming Serangoon Polyclinic, which will be the largest polyclinic in Singapore, will be built across the road from NEX and is expected to complete in 2025.

Net Lettable Area¹:

58,959 sqm (634,631 sf)

Connectivity:

Serangoon MRT station on Northeast Line (NE12) and Circle Line (CC13)
Serangoon Bus Interchange

Annual Shopper Traffic:

36.9 million (October 2023 – September 2024)

Year Acquired by FCT:

FCT owns an effective 50.0% interest in GRPL, which holds NEX. The dates of acquisition are as follows:
• 25.5% acquired on 6 February 2023
• 24.5% acquired on26 March 2024

Title:

99-year leasehold commencing 26 June 2008

Valuation²:

$2,130.0 million (100.0% basis)
$1,065.0 million (FCT’s 50.0% effective interest)

Download mall profile:

Click here

Notes

1. The NLA includes 1,632 sqm (17,562 sf) currently used as CSFS space.

2. Valuation done by CBRE Pte. Ltd. as at 30 September 2024.

Visit website

Leasing enquiries Store directory

Address:

23 Serangoon Central, Singapore 556083