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Setia City Mall to Be the Largest Mall in Shah Alam

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Setia City Mall to Be the Largest Mall in Shah Alam SETIA CITY MALL TO BE THE LARGEST MALL IN SHAH ALAM AFTER EXPANSION Over 1.2 million square feet of retail space with enhanced tenant mix and facilities by 2nd half of 2020 Setia Alam, 17 October 2019 – 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 destinations 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 Berhad Group, “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 steady footfall to the mall. More information about Setia City Mall can be found at www.setiacitymall.com. -END- 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 Issued on behalf of Setia City Mall by GO Communications Sdn Bhd: For further information kindly contact: Elsy Tan, Senior Brand Director Angie, Senior Marketing Manager Mobile: +6017 203 2959 / 03 7710 3288 Mobile: +6017 577 0188 / 03 3375 8630 E-mail: [email protected] E-mail: [email protected] .
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