Introducing Waterway Point

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Introducing Waterway Point

The flagship waterfront leisure destination for Punggol's residents and visitors across the island.

First suburban waterfront mall to feature over 150 brands
Published 4 Aug 2015

Frasers Centrepoint Malls today announced a 90% committed occupancy at Waterway Point, six months ahead of its estimated opening. Located along Punggol Waterway, Waterway Point will be the flagship waterfront leisure destination for Punggol’s residents and visitors across the island. Waterway Point is part of Watertown, Singapore's first integrated waterfront residential and retail development developed by Frasers Centrepoint Limited, Far East Organization and Sekisui House, Ltd.

The 370,824 sq ft retail and lifestyle hub will integrate four levels of indoor shopping, leisure and alfresco dining spaces with breath-taking waterfront views. An array of options will be housed within thematic zones designed to offer the shopper a more curated retail experience and easy orientation around the mall. This will include over 150 fashion labels and specialty stores, entertainment and enrichment facilities, thematic casual dining concepts, wellness services, as well as day-to-day amenities.

“Once underserved, Punggol today is a picture of rapid development. Its rejuvenation has begun to draw in a new demographic of urban dwellers as reflected in the diverse mix of tenants Waterway Point is attracting,” said
Mr. Christopher Tang, Chief Executive Officer, Commercial & Greater China, Frasers Centrepoint Limited. “The positive take-up underscores a healthy demand for retail space in this developing area. Many recognise the mall’s exciting waterfront positioning and its potential to anchor the entire district as a place of gathering.”

A Unique Waterfront Experience at the Heart of Suburban Living

The district will feature a pipeline of upcoming developments including a new town square, more public and private housing, schools and leisure facilities. Punggol Waterway will become a lifeline of sports and community activities. The long-awaited Waterway Point will anchor this rejuvenation, serving a catchment of approximately 600,000 people living and working in the vicinity.

Highlights of the mall include round-the-clock entertainment and services on Basement 2 anchored by a 24-hr FairPrice Finest (29,853 sq ft) and 1,500-seat Shaw Theatres. Yet another attraction is the Waterfront Promenade on Basement 1 which will offer patrons the experience of tranquil alfresco dining overlooking the picturesque Punggol Waterway and a wide array of cuisines from well-loved restaurants such as Uncle Leong Seafood, Ichiban Boshi and Kuriya Japanese MarketThe Soup Spoon Union and Bali Thai to choose from. Basement 1 will also feature other retailers such as Best Denki.

Level 1 will feature other local and international brands such as 
Cotton OnLaniegeGG<5EspritCharles & KeithLlaoIlaoStarbucks and Cedele. These will be complemented by international cuisines from Din Tai Fung, Ministry of Food’s Insadong Korea Town, Japanese-French fusion from Miam Miam, newly launched Japanese diner Kinko Ramen, the best of Provence from The French Table Bistro and Halal Vietnamese cuisine from So Pho

A Family Destination Mall

Waterway Point especially caters to young children and families looking to spend time together at the Kids & Family Zone on Level 2, an entire floor dedicated to a 19,826 sq ft childcare facility, My First Skool, various learning and enrichment centres, as well as a large outdoor wet and dry playground. Other family-friendly establishments also include the 16,315 sq ft concept food court Cookhouse by Koufu, Swensen’s and the largest Times Bookstore in Singapore that promises an educational adventure. 

“Many young families have set up homes in Punggol. We believe our patrons will identify with Waterway Point as a new destination for interactive, family-centric educational activities in Singapore,” said Ms. Helen Lek, Head of Retail Group, Times Bookstore. The bookstore chain will be unveiling its newest and largest store to-date. Spanning a vast 7,335 sq ft, its new mega bookstore seeks to engage families with an exciting line-up of activities and a broad range of titles.

The New Social Landmark

This new social landmark of Northeast Singapore will be conveniently accessible through a 24-hr walkway from the Punggol MRT/LRT stations and bus interchange, as well as major expressways such as TPE and KPE. Said
Mr. Mark Shaw, Executive Vice President of Shaw Organisation, “Waterway Point has an excellent advantage with its close proximity to various transport nodes in Punggol. We are confident that the community will be encouraged to spend more time in the mall due to its wide variety of shopping, dining and entertainment offerings.” The cinema will feature 10 halls and an IMAX theatre, the perfect leisure option for the night owl or busy individual. 

Waterway Point will also have an amphitheatre created for community events. Mr. Tang added, “Creating a sense of place and gathering is key for all our malls. Community continues to be an important aspect of our malls and we try to always incorporate spaces that encourage members of the community to connect and socialise.” 

About Waterway Point 

Waterway Point is a four storey retail and lifestyle hub located in the heart of the new Punggol Town, beside Punggol MRT station. It is the retail component of Watertown, Singapore’s first integrated waterfront residential and retail development. Developed by the consortium of Frasers Centrepoint Limited, Far East Organization and Sekisui House, Ltd, Watertown features a 992-residential unit development in addition to the retail and lifestyle hub. With a net lettable area of 370,824 sq ft, Waterway Point will offer a diverse range of retail, dining, entertainment and education offerings. When completed, Waterway Point will be the flagship waterfront leisure destination for Punggol’s residents and visitors across the island.

Fact Sheet
Address 83 Punggol Central, Singapore 828761
Gross Floor Area (GFA) 542,493 sq ft
Net Lettable Area (NLA) 370,824 sq ft
Tenant mix and percentage Retail, Food & Beverage (F&B)  and Lifestyle and Entertainment
Retail 43 per cent
F&B 30 per cent
Lifestyle & Entertainment 15 per cent
Others  12 per cent
Key retail offerings and zones per floor Over 150 fashion labels and specialty stores, entertainment and enrichment facilities, thematic casual dining concepts, wellness services, as well as day-to-day amenities.

Basement 2 “Lifestyle & Convenience” Cinema, Supermarket, Quick Serve, Home and Lifestyle
Basement 1 “Waterfront Promenade & Alfresco Dining” International & Local Cuisine, High Street Fashion, Electronics & Telecommunications
Level 1 “Fashion and Food” International & Local Cuisine, High Street Fashion, Accessories & Jewellery, Beauty & Services  
Level 2 “Kids & Family Zone” Education, High Street Fashion, Medical, Family Dining, Foodcourt, Books, Outdoor Play Area
No. of storeys A total of 4 storeys (including 2 basement levels)
No. of car park lots 620
Targeted opening Q1 2016

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