Tuesday, May 1, 2012

AEI - The IN Word

AEI, Asset Enhancement Initiative(?), seems to be the IN word these days.  Causeway point has been asset enhancement mode for more than a year, and it is still work in progress.  Suntec will start its AEI work soon, which is supposed to increase its attractiveness and asset value.

AEI is not only in Singapore shopping malls, but in Malaysia too.  Johor Bahru's City Square Mall, the most frequent shopping mall by Singaporeans, is also undergoing some AEI.

New malls are popping up everywhere, guess the competition is really fierce, and everybody needs to add some unique features, or contemporary elements to their existing assets.

Let's hope we will have a whole new breed of 'old' malls soon :)

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