Profile of a Growth Story

Growth at a Glance

Managing Positive Growth
Letter to Unitholders

Testimony of Growth

Milestones of Growth

Poised for Growth

Portfolio Analysis

Investor Relations

Growing Accountability
(PDF)

Financial Statements
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Corporate Information

 

CMT ANNUAL REPORT 2003

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IMM Building

 

IMM is a unique suburban shopping mall that houses retail shops, offices and warehouses under one roof. It is located in the high-density residential area of Jurong East, and in close proximity to major office and industrial developments such as the International Business Park. The shopping mall is positioned for the family-oriented segment of the retail market, targeting consumers residing and working in the western region of Singapore.

IMM houses an array of outlets dealing in goods and services such as furniture, interior design, home furnishings and renovation, bridal, lifestyle, fashion, services and food. It comprises a 5-storey retail, office and warehouse complex with an open car park on the ground floor and 5 levels of covered carpark and one open car park on the roof.

Although it is just a 5-minute walk from the Jurong East MRT station and bus interchange, free shuttle bus services are also available from the Jurong East, Clementi and Boon Lay MRT stations to bring shoppers to IMM. IMM has more than 900,000 people residing in its main catchment area.

The objective for IMM is to optimise financial performance, strengthen market positioning as the leading suburban mall in the west and northwest regions, and continuously enhance customers shopping experience.

Asset Enhancements

In the pipeline are plans to convert the uncovered ground level car park to better yielding retail space. In-principle approval has been granted by the authorities for the works, targeted for commencement in 2005. Shoppers can expect more variety and better choices to cater to all their shopping needs. Carpark space, however, will not be compromised; these carpark spaces will be relocated to the decanted space on level 5 instead, so shoppers can still enjoy adequate parking facilities.

Advertising and Promotions Focus

The first mall-wide 3-Hour Wild Wild Sale under CapitaLands management achieved an unprecedented 60 percent increase in shopper traffic. Along with the many artiste appearances, community events, cartoon character shows and promotions, the result is an increase of over half a million in traffic count in 2003 as compared to the previous year.

The 3-Hour Wild Wild Sale will return in 2004 on a bigger scale and shoppers at IMM can expect more ground breaking activities.


Our team at IMM Building

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