SINGAPORE: Following the successful launch of Funan and Jewel Changi Airport in Singapore in 1H 2019, CapitaLand has added another feat to its track record of creating iconic integrated developments with the opening of Raffles City Chongqingin China.
The largest mall to open in Chongqing this year and the latest must-visit destination in the bustling metropolis, Raffles City Chongqing registered a strong shopper traffic ofover900,000duringits opening weekend. Raffles City Chongqing is located in Chaotianmen, a historic site referred to as the crown jewel of Chongqing that offers magnificent views of the Yangtze and Jialing rivers converging.
It is Singapore’s and CapitaLand’s single largest development in China at RMB24 billion (S$4.8 billion). In addition to the retail podium, the integrated development comprises Ascott Raffles City Chongqing serviced residence, Inter Continental Raffles City Chongqing hotel, Grade A office space and luxury apartments housed within eight skyscrapers.
Lucas Loh, President, China, CapitaLand Group, said: “The opening of Raffles City Chongqing marks a new milestone in CapitaLand’s contribution towards and benefitting from China’s urbanisation push. As the ninth Raffles City development to turn operational, it is by far our largest and most complex integrated development. Seven years in the making, Raffles City Chongqing is a mega structure that melds astounding architectural design with sustainable urban planning. The development was purpose fully built to spearhead the renewal of the Chaotianmen riverfront district with world-class live-work-play amenities and improved accessibility. We are confident that Raffles City Chongqing will catalyse new opportunities to fulfil Chongqing’s global city aspirations.”
Chin Phei Chen, Chief Executive Officer, Commercial Management, China, CapitaLand, said: “As the representation of CapitaLand’s new-gen malls in China, Raffles City Chongqing combines experiential retail concepts with digitalisation to excite and engage shoppers. Value-added services such as augmented reality navigation, restaurant booking and car park reservation are supported by the CapitaStar app. In addition to curating an attractive tenant mix, we have also created public spaces with regular art and heritage showcases for the public to enjoy, learn and discover. Raffles City Chongqing is at once a showcase of local culture to the world and a beacon of international sophistication in the aspiring global city; in short, a destination for both residents and tourists.”