Artist's impression of nex

These tenants include Cineplex operator Shaw Organisation, hypermarket operator FairPrice Xtra and mainboard-listed Food Junction Holdings.

Advanced talks are also underway to secure a department store operator to take up 50,000 square feet of lettable space in the shopping centre.

The mall's developer is Gold Ridge, which is backed by mostly European and American investors.

Gold Ridge has named the new mall "nex".

"nex" will be a six-storey mall with over 600,000 square feet of net lettable space.

It is expected to open by the end of next year and will be the biggest mall in northeast Singapore.

Gold Ridge is investing S$1.3 billion in the project. - CNA /ls

Source : Channel NewsAsia, 14 April 2009