Funan Mall Is Now Open for Business!

After a major overhaul, Funan is now back open!

The mall is pitched as Singapore's first online-and-offline (O&O) shopping mall integrating online, offline, data and logistics aimed at empowering retailers’ omnichannel strategy and transforming the customer experience.

A full statement on the reopening is available here.

In an earlier update in September 2018 on the 'new' Funan, CapitaLand explained their thinking behind the renovayed retail destination.

"To succeed in tomorrow’s economy, all players must find a way for the physical and digital realms to coexist. While the current market share of online sales is small, its pace of growth will only speed up as tomorrow’s consumers enter the market," commented Lee Chee Koon, President & Group CEO of CapitaLand Group. 

"Brick-and-mortar businesses must thus go beyond passively selling products and services, to generating quality retail experiences and emotional connections that are ‘on-brand’ with consumers. Against this backdrop, CapitaLand is committed to help our current and future tenants stay ahead of the curve.

"We have conceived Funan to embrace new opportunities, with a focus on gathering and building a young and vibrant community by integrating an experiential mall with dynamic coworking and coliving spaces."

Alongside the mall, a co-living serviced residence component within Funan, managed by The Ascott Limited, is due to open later this year.

Note: Funan is owned by CapitaLand Mall Trust and managed by CapitaLand Retail.

Video credit: CapitaLand