We always wonder
whether there is an oversupply of shopping malls in Klang Valley. Here are some
points to be noted all about shopping malls in Klang Valley. As of Feb 2013, there
are currently about 210 shopping centres in Klang Valley. There are millions sq.
ft. of lettable area will be ready for tenants in 5 years time.
There are 6 shopping malls that currently
in advance stage and will be completing in these 2 years. What are the six
shopping malls that completing in 2013? The six include Nu Sentral in KL
Sentral, Cheras Sentral in Cheras, KLIA 2 in Sepang, Encorp Strand Mall in Kota
Damansara, D’Pulze in Cyberjaya and Market Hall @ Pudu along Jalan Pudu,
commanding more than two million sq ft of nett floor space in total.
Encorp Strand Mall with the philosophy of
‘Anything But Ordinary’. The mall will feature a unique combination of
boutique-style shopping with premium brand experience, carefully selected group
of tenants for entertainment outlets and a multi-tiered security system.
Phase one of IOI City Mall in Putrajaya is
set to be the largest mall in the south of Klang Valley with 1.35 million sq ft
of nett lettable area. Upon completion in the fourth quarter of 2014, the mall
with contemporary architecture will boast 350 specialty shops and four anchor
tenants. IOI City Mall designed by RTKL International will have abundance of
natural light and offer a view of the 18-hole Palm Garden golf course. The mall
will house 80 food and beverage outlets, popular fashion brands, indoor theme
park, cinema, bowling centre and a full-size ice rink.
How many more in
the pipeline and what are the net lettable area that we are emphasizing on?
Below is a tabulation of upcoming shopping in Greater KL more than 1 million
sq. ft. : -
|
Item
|
Shopping Mall &
Location
|
Net lettable aea
|
|
1
|
KL Metropolis Matrade
Retail
|
11.4mil
|
|
2
|
IOI City Mall,
Putrajaya
|
2mil
|
|
3
|
Boustead Retail
Cochrane & IKEA
|
1.2mil
|
|
4
|
Subang Jaya City
Centre
|
1.2mil
|
|
5
|
Empire City Thematic
Malls
|
1mil
|
|
6
|
PJ Sentral Garden mall
& Inddor SKI Area
|
1mil
|
|
7
|
I-city Mall with
Central Group
|
1mil
|
|
8
|
The Paradigm OUG
Shopping Centre
|
1mil
|
|
9
|
Jalil City Mall
|
1mil
|
|
10
|
Tropicana Metropark
Mall
|
1mil
|
|
11
|
Tropicana Gardens Mall
|
1mil
|
|
12
|
Icon City PJ Shopping
Mall
|
1mil
|
Check
out the subsequent updates for more detail on this.
