ERA APAC Centre
| ERA APAC Centre | |
|---|---|
 Toa Payoh Entertainment Centre (currently ERA APAC Centre) in 2006 | |
.svg)  | |
| Former names |
|
| General information | |
| Status | Completed |
| Location | Toa Payoh, Singapore |
| Address | 450 Lorong 6 Toa Payoh, Singapore 319394 |
| Country | Singapore |
| Coordinates | 1°19′54.0″N 103°50′57.8″E / 1.331667°N 103.849389°E |
| Named for | ERA Realty Network Pte Ltd APAC Realty Ltd |
| Construction started | 1971 |
| Opened | May 1972 |
| Owner | Eng Wah Organisation (former) Hersing Corporation Pte Ltd (former) APAC Realty |
| Technical details | |
| Floor count | 4 |
| Known for | One of the two former movie theatres in Toa Payoh, Singapore |
| Other information | |
| Number of stores | 20 |
ERA APAC Centre, formerly known as Hersing Centre, ERA Centre, Toa Payoh Entertainment Centre (Chinese: 大巴窑娱乐中心) and Toa Payoh Theatre (大巴窑戏院),[1] is a shopping mall and former entertainment centre in Singapore. It is located near Toa Payoh Bus Interchange and Toa Payoh MRT station, beside HDB Hub and Orange Tee Building.
History
Toa Payoh Theatre was one of two cinemas opened for Toa Payoh HDB estate by Eng Wah Organisation in the 1970s, the other being the Kong Chian Cinema which was located near the Toa Payoh Branch Library.[2]
It was then being upgraded to the Toa Payoh Entertainment Centre in November 1997 to serve as a leisure space for Toa Payoh residents. The entertainment centre contained three levels, with food restaurants, arcades and Eng Wah ticketing booths occupying the first two levels.
Redevelopment
In 9 December 2010, the cinema ceased operation together with another Eng Wah's Jubilee Entertainment Centre and was later renovated and converted into a simple shopping mall while the former cinema halls became a large, joint row of shops.
In February 2011, Eng Wah sold the entertainment centre to Hersing Pte Ltd for $66 million, and it was subsequently renamed as ERA Centre.[3]
The centre was once again renamed as the Hersing Centre, before it was put up on sale again on 2 November 2015, with an indicative price around S$78 million.[4]
In 2018, the centre was acquired by a real estate brokerage APAC Realty under the ERA for S$72.8 million and renamed again as ERA APAC Centre, to serve as ERA Asia Pacific's new headquarters.[5]
References
- ^ "ERA Centre". StreetDirectory.com. Retrieved 15 June 2012.
- ^ "Show films for all". Retrieved 2018-06-07.
- ^ "Hersing acquires Toa Payoh Entertainment Centre for $66m". The Edge Singapore. Archived from the original on 4 February 2013. Retrieved 15 June 2012.
- ^ Tan, Angela (November 2, 2015). "Hersing Centre at Toa Payoh on sale, indicative price about S$78 million". The Business Times.
- ^ Lee, Marissa (2018-06-05). "APAC Realty to acquire new HQ in Toa Payoh for S$72.8m". The Business Times. Retrieved 2018-12-26.
