Compass One façade
|Location||Compassvale, Sengkang, Singapore|
|Address||1 Sengkang Square, Singapore 545078|
|Opening date||1 September 2016|
|Management||M&G Real Estate|
|Owner||M&G Real Estate|
|No. of stores and services||208|
|No. of anchor tenants||4|
|Total retail floor area||25,000 square metres (270,000 sq ft)|
|No. of floors||8 floors|
|Public transit access||Sengkang |
Sengkang Bus Interchange
Compassvale Bus Interchange
Compass One (formerly known as Compass Point) is a suburban shopping mall located in the town centre of Sengkang, Singapore. The mall was built as an integrated development together with a condominium, Compass Heights which is located adjacent to the mall. Originally opened on 1 August 2002, the mall closed for extensive renovation works on 26 October 2015 and re-opened on 1 September 2016.
Compass Point was built as an integrated development together with the adjacent Sengkang MRT/LRT station and Compass Heights condominium. Constructed at a cost of S$230 million, the shopping mall started operations on 1 August 2002. The shopping centre was the first major mall to open on the North East Line.
Before the renovation works, the mall was Singapore's first thematic suburban shopping mall based on the theme of learning. Educational panels and informative posters are mounted on railings and walls, which feature interesting trivia based on particular themes updated periodically. After getting feedback from the public and commissioning a survey of residents in the area, conducted by international property adviser DTZ Debenham Tie Leung Limited, the mall's developer, Centrepoint Properties, proposed the learning theme for the shopping mall to cater to the predominantly young families of Sengkang New Town. The shopping mall had an approximate retail area of 269,098 square feet (25,000.0 m2). Retail space was spread out over four storeys and a basement. Each storey of the shopping centre was named after the five major continents, with motifs showing different aspects of that continent, such as flora and sea transport vessels: Oceania (basement storey); Asia (ground floor); Europe (2nd storey); The Americas (3rd); and Africa (4th).
Change of ownership and renovation works
In December 2015, it was announced that real estate fund manager M&G Real Estate will become the sole owner of Compass Point mall in Sengkang, after entering into a deed to acquire the remaining 18.99 percent of shares owned by Frasers Centrepoint. The buyout was finalised in February 2016 and M&G Real Estate announced that the mall will reopen on 1 September 2016 after upon completion of the upgrading works under a new name and new management. The mall was called 1 Sengkang Mall after a competition on Facebook with the winner getting $1000 in cash with the most 'likes', but was officially renamed Compass One by the management after the public wanted to stick to the original name.
Compass One reopened on 1 September 2016 with a new interior design, 180 speciality tenants and a redesigned interior layout. The Sengkang Public Library, which opened on 18 March 2017, occupies a portion of Levels 3 and 4. There will also be a play deck comprising a wet and dry playground at Level 4. The returning tenants are Cold Storage, Kopitiam and Japan Home. Additionally, Rubi Shoes opened one store in Compass One at the same opening, together with Cotton On Body and Cotton On.
Gallery (as Compass Point)
- "2,000 flock to Sengkang mall job fair". The Straits Times. 8 July 2002.
- Khaw Boon Wan (26 November 2002). "The ticket to seamless travel". The Straits Times.
- "61 Compass Heights units sold". The Straits Times. 3 March 2001. p. S14.
- Koh Boon Pin (26 July 2000). "It's not just a mall, it's a learning centre". The Straits Times. p. 49.
- Debbie Goh (4 January 2001). "Mall's retail space all taken way before 2002 opening". The Straits Times.
- Ginnie Teo (18 May 2000). "Learn as you shop at Sengkang mall". The Straits Times. p. 97.
- "Major shopping mall coming up in Sengkang". The Straits Times. 12 August 2002.
- "M&G Real Estate buys remaining stake in Compass Point". Channel News Asia. December 16, 2015.
- hermesauto (24 May 2016). "From Compass Point to 1 Sengkang Mall to Compass One: Renamed mall set to reopen in Q3 of 2016".
- "From Compass Point to 1 Sengkang Mall to Compass One: Renamed mall set to reopen in Q3 of 2016". The Straits Times. Retrieved 2017-10-21.