Next year, residents in the Klang Valley will have more reasons to visit
Setia City Mall. Currently spanning over 730,000 square feet, the mall is
undergoing upgrading and expansion works to create an additional circa 450,000
square feet of retail space, making it the largest shopping and leisure
destination in Shah Alam. Setia City Mall’s existing and expansion phase is
currently over 80% leased or in advanced negotiations.
Located in the southern corridor of Setia Alam, Setia City Mall is a
joint venture between S.P. Setia and Lendlease. Over RM500 million will be
invested in the mall’s expansion, which will see enhanced tenant mix and
facilities, and provide patrons with a wider range of fashion, dining, leisure
and entertainment offers and fresher experiences.
Said Datuk Tan Hon Lim, Executive Vice President of S.P. Setia, “The
expansion of Setia City Mall at this juncture in time augurs well with S.P.
Setia’s long term vision for its investment property arm. Being located in the
4,000 acres flagship township of Setia Group, the mall is poised for steady
growth as more and more residents move into this township, which upon
completion will be home to possibly 200,000 people.”
The upgrading and expansion works will create a rich, multi-layered
experience for visitors to Setia City Mall. The new wing will add another 150
retail outlets, sprawled throughout the three levels of the mall, adding to the
existing 235 retailers which currently include key tenants such as Parkson,
Urban Fresh, Golden Screen Cinemas, Zara, H&M, Uniqlo and Fitness First.
With excellent connectivity and convenient accessibility via major
highways, Setia City Mall is strategically located in the heart of the booming
green and sustainable township of Setia Alam, which also features a beautifully
landscaped park, an al fresco dining precinct, a waterjet plaza and the Setia
City Convention Centre.
Visitors can look forward to popular local and international brands in
the expansion phase including quality retail, dining and fashion options. Lulu’s Hypermarket and Departmental Store
from the Middle East, which commands a 32% market share in the Middle East and
North African (MENA) region, will be occupying 150,000 sq. ft. With Its 100%
halal concept and premium quality import products including its own brand items
such as Lulu Tea, Lulu Coffee, Lulu Coconut Oil, etc, Lulu Hypermarket ensures
that shoppers can enjoy a wide range of unique offerings under one roof. This
includes its house brands in electricals, fashion, footwear and ladies
handbags.
To improve its appeal to families, there will also be an edutainment
playland for kids located at Level 1 called Kidz Zone which is a 12,000 sq ft
indoor playground. Adding to these will
be a vast array of unique culinary and F&B experiences, ranging from
eateries with al fresco dining options, established fast food chains and casual
dining brands.
The
expansion phase will add another 1,800 parking bays to the current 2,500 bays
for a total of 4,300 parking bays upon completion, so that drivers will enjoy
time-saving and hassle-free parking. Easy access from the car park to the mall
will also enhance visitors’ shopping experience.
The nearby Setia Convention Centre has brought in millions of crowd and
spillover to Setia City Mall throughout the year while the neighbouring
community such as NIH (National Institute of Health), S.P. Setia offices, Top
Glove building, Tenby and Peninsular International Schools have contributed a
standard footfall to the mall.
More
information about Setia City Mall can be found at www.setiacitymall.com.
About Setia City Mall
Opened in May 2012, Setia
City Mall is a joint venture between S.P. Setia and Lendlease. It is the first
mall in Malaysia to receive Green Building Index, Silver Award. Setia City Mall
is also the Retail category winner of the Federation of International Real
Estate (Fiabci) Prix d’Éxcellence Awards 2014, The Edge-PAM Green Excellence
Award and Fiabci Malaysia Property Award 2013.
About
S.P. Setia Berhad
Since its incorporation in
1974, S P Setia has been a household name in the property development industry.
The Group is recognised as one of Malaysia’s leading listed real estate players
with a portfolio that encompasses townships, eco-sanctuaries, luxury enclaves,
high-rise residences, commercial and retail developments.
S P Setia is the only
Malaysian developer to have received eleven FIABCI World Gold Prix d’Excellence
Awards by the International Real Estate Federation (FIABCI) and eleven FIABCI
Malaysia Property Awards. In 2018, S P Setia was ranked No.1 in The Edge
Malaysia Top Property Developers Awards for a record-breaking 11th time, the
only developer to have achieved this feat since the inception of the awards.
The Group is
well-established in the three key economic centres of Malaysia, namely Klang
Valley, Johor Bahru and Penang and also has a project in Sabah. Its
international reach now includes six countries which are Vietnam, Australia,
Singapore, China, the United Kingdom and Japan.
As of 30 June 2019, the
Group has 46 ongoing projects, with an effective remaining land banks of 9,381
acres valued at a Gross Development Value of RM144.52 billion and total
unbilled sales of RM10.67 billion.
About Lendlease
Lendlease is a leading international property and
infrastructure group, with approximately 13,000 employees across its operations
in Australia, Asia, Europe and the Americas. Founded in Sydney in 1958 by Dutch
immigrant and innovator Dick Dusseldorp, Lendlease was born out of a vision to
create a company that could successfully combine the disciplines of
construction, development and investment.
Headquartered in Sydney, Australia, our employees
help to create places that leave a positive legacy with a focus on health and
safety, our customers, innovation and sustainability. Our capabilities span the
entire property spectrum – development; investment management; project
management & construction and asset & property management – and our
expertise covers multiple sectors including commercial, residential, life
sciences, retail, hospitality and education.
Lendlease and our legacy businesses have been entrusted with many projects that have become the cornerstone of cities and communities – projects like the September 11 Memorial & Museum in New York, the Athletes’ Village in London, Sydney Opera House in Australia, Petronas Twin Towers in Kuala Lumpur, critical infrastructure, stadiums and entertainment facilities around the world, hospitals, schools, shopping centres, residential communities and high rise apartment buildings.
The relevance of our
business today is testament to our founder’s foresight. Duss made sure we had
all the ingredients we needed to grow Lendlease well into the future. We
are bold and innovative, we value knowledge, we do what matters and we look for
common interests and purposeful outcomes. This is how we deliver on our vision.
For more information about
Lendlease, please go to www.lendlease.com
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