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MAYANG MALL an Integrated Mall in the Heart of Kuala Terengganu City Centre

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MAYANG MALL an Integrated Mall in the Heart of Kuala Terengganu City Centre MAYANG MALL an integrated mall in the heart of Kuala Terengganu City Centre A presentation by Savills Malaysia Sdn Bhd PROJECT BRIEF Retail Components Developer : Perlaburan Hartanah Berhad (PHB) Mixed development Description : (Shopping Mall & Serviced Apartment) Kampung Tanjung, Kuala Terengganu. Location : next to Astaka (Emporium Hock Kee Seng) GFA : 1.65 mil sq.ft NLA : 727,000 sq. ft Retail Floor : 6 Levels (LG,G, L1, L2, L3, L4) No. of Tenant : 320 No. of Parking : Approx. 1,500 bays Target Market : Mid Target Completion : Q2 2021 Sogo Departmental Store, Cinema, Supermarket, Anchor Tenants : Fitness Centre OVERALL DEVELOPMENT SERVICED APARMENT CINEMA BALLROOM PODIUM PARKING MALL PLAZA SITE LOCATION • The site covers an area of 10.87 acres, located in Kampung Tanjung, next to Astaka (Emporium Hock Kee Seng), Kuala Terengganu. • Accessible via major roads – Jalan Sultan Zainal Abidin, Jalan Kampung Kolam, Jalan Petani, etc. • Public Transport – MBKT Taxi station (5 min walk), MBKT Bus Station (5 min drive). LOCATION PLAN EXISTING DEVELOPEMENT Mydin Mall Gong Badak Operator: Mydin Modamed Holdings Bhd Estimated Floor Area: 245,257 sq ft Opening Year: 2014 Giant Gong Badak Operator: GCH Retail (Malaysia) Sdn Bhd Estimated Floor Area: 90,000 sq ft Opening Year: 2013 Subject Site Mydin Hypermarket Kuala Terengganu Giant Kuala Terengganu Operator: Mydin Modamed Holdings Bhd Operator: GCH Retail (Malaysia) Sdn Bhd Estimated Floor Area: 110,000 sq ft Estimated Floor Area: 150,000 sq ft Opening Year: 2007 Opening Year: 2007 6 EXISTING & FUTURE DEVELOPEMENT TERENGGANU POPULATION 15-min DTZ Besut 159,311 Districts Population 160,700 Setiu Besut 160,700 63,900 Setiu 63,900 Kuala Terengganu & Kuala Nerus 390,000 Mayang 11,200 Marang Kuala 390,000 Hulu Terengganu 111,200 Terengganu 83,000 & Kuala Nerus Dungun 176,800 Hulu 83,000 Terengganu Dungun 176,800 Kemaman Kemaman 197,800 197,800 Total 1,083,400 POPULATION WITHIN CATCHMENT AREA Kampung Teluk Ketapang Subject Site 15-min It is estimated Kampung Seberang Takir that 160,792 10-min persons residing within the 5-min immediate catchment area. Kampong Bukit Datu Kampong Kubang Parit Kampong Padang Kampong Tok Adis HOUSEHOLD INCOME HEAT MAP ANALYSIS Subject Site . The average household income by drive time zone is as follows:- 15-min 0-5 minutes drive time zone: RM4,928 per month 6-10 minutes drive time zone: 10-min RM4,488 per month 11-15 minutes drive time zone: RM4,609 per month 5-min Green Acres Golf & Country Resort Taman KP Perdana Source: Savills Research SOCIO-DEMOGRAPPHIC PROFILE ANALYSIS . The youth population is defined as those people aged less than 15, the . Terengganu is a state with strong Malay community. 94% of the working age population range from 15-64, and the elderly population is total population are Malays, 2.8% are Chinese and 3.5% are those aged 65 and above. Indian & other ethnicities. Comparatively, 91% of the residents . Working age population stands 66% of the total population in the within the catchment are Malays, 6.6% are Chinese and the rest immediate catchment area. are Indians and other ethnicities. 51% of the population are male and 49% are female. From a retail perspective, it shows the importance of HALAL certification especially for F&B sector. Fashion wise, this is a strong market for Muslimah clothing and Modest Fashion. Population Distribution by Age Group . The Islamic culture is strong in the area, and there are many rules implied by the state government on retail businesses. For example, traders are required to close for 2 hours during Friday prayer time. above 65 6% 55-64 7% Population Distribution by Ethnicity 45-54 11% Indians, Others, Chinese , 0.40% 0.10% 35-44 11% 6.60% Non- 25-34 Malaysian 14% Citizens,… Other 15-24 23% Bumiputera , 0.20% below 15 28% 0% 5% 10% 15% 20% 25% 30% Malay , 91.10% Source: Population & Housing Census 2010, Department of Statistics HOUSEHOLD DISTRIBUTION BY INCOME GROUP ANALYSIS Household Distribution by Income Group High Income High Income High Income High Income High Income 100% Group Group Group Group Group 117 613 1,686 730 2,416 households households households households households 90% <RM2,000 Top 20% Top 80% Middle Middle RM 2,000 - 2,999 Middle Income Middle Income Income Income Group RM 3,000 - 3,999 70% Middle Group Group 6,946 Group 11,623 RM 4,000 - 5,999 Income 4,677 3,511 households households RM 6,000 - 7,999 60% Group households households 1,166 RM 8,000 - 9,999 Mid 40% Mid 50% households ≥ RM10,000 40% Low 30% Low Income Income Low Income Low Group Income Low Income Group Group 14,141 Group Group 4,929 5,716 20% household 19,857 787 households households s househol Low 40% Low 10% households ds 0% 0-5 min 6-10 min 11-15 min 10-minute 15-minute Source: Savills Research TOURIST ARRIVALS IN TERENGGANU Tourist Arrivals in Terengganu Domestic Tourists Foreign Tourists Total Tourists 6.00 4.88 4.91 Millions 5.00 4.73 4.52 There are total of 4.91 million tourist 4.04 0.98 4.00 3.53 arrivals in Terengganu in 2017 where 3.30 3.38 3.17 2.87 2.82 3.93 million are local and 0.98 million 3.00 are foreigners. 2.00 3.93 1.00 0.00 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017p Sultan Mahmud Airport Passenger Movement Note: The total tourist arrivals is a compilation of hotel guests, ferry passengers as well as ticket counts to the major tourist attractions such as the museum and Islamic Heritage Park. Number of Passengers Growth Rate 1,000 27% 30% 900 25% 20% Thousands 800 20% The growth rate for the number of 700 13% 15% passengers in Sultan Mahmid Airport 600 10% shows 3% increase since previous year 500 8% 7% 10% 5% 400 and is expecting to keep growing. 2% 5% 300 -1% -3% 0% 200 -5% 100 - -10% 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Source: Unit Perancangan Ekonomi Negeri Terengganu DEMOGRAPHIC & HOUSEHOLD INCOME PATTERN Existing housing units: 33,896 0-5: 2,070 Total housing supply in the 6-10: 9,053 catchment to reach 34,211 11-15: 22,773 units by 2020 Incoming supply: 315 units 0-5: 268 6-10: 24 11-15: 23 Current resident population: 159,311 0-5: 9,729 Immediate resident 6-10: 42,549 population (15-min drive 11-15: 107,033 time) is estimated to reach Estimated Future population: 1,481 160,792 persons by 2020. 0-5: 2,097 6-10: 9,101 11-15: 16,553 Below 15 years old: 28% Age Group 15-64 years old: 66% 66% are working age 65 years old & above: 6% population. 91% Malay 6.6%Chinese Strong Muslims crowd. Ethnicity 0.7% Indian & other ethnicities 1.5% Non-Malaysian RM 4,596 per month 0-5: RM4,928 Low to middle income 6-10: RM4,488 catchment. 11-15: RM4,609 CURRENTDEVELOPMENT DRAWBRIDGE • East Coast Economic Region (ECER) initiative - to boost the urban and coastal tourism turning Terengganu into a vibrant Heritage Waterfront City. • The iconic drawbridge (632m), which already completed by August 2019 serve as a bridge link to connect north and south of the Terengganu River, to create a strategic connection between the Kuala Terengganu city all the way to Sultan Mahmud Airport. Kuala Terengganu Draw Bridge Kuala Terengganu Draw Bridge Kuala Terengganu Draw Bridge Mayang Mall MBKT Source: Bernama, August 2019 SITE PLAN Site Construction as of 12th April 2019 Source: FlyingAyam, posted on 13 April 2019 in https://www.youtube.com/watch?v=mq6DPuGJT2g Site Construction as of September 2019 PARKING CALCULATION Components Parking Parking Provided Carpark 1,500 Shopping Mall Motorcycle Parking 804 Carpark 508 Serviced Aparment Motorcycle Parking 100 Disable Carpark 66 Ballroom Motorcycle Parking 35 Total Carpark 2,074 Total Motorcycle Parking 939 VEHICLE CIRCULATION Ingress Egress MAYANG MALL NORTH EAST VIEW MAYANG MALL SOUTH WEST VIEW MALL PERSPECTIVE MALL PERSPECTIVE MALL PERSPECTIVE Lower Ground LOWER GROUND F L O O R P L A N LG21 1,674 LG19 LG20 2,441 1,706 LG18 1,734 LG13A 736 LG13 LG15 775 744 LG16 1,660 LG17 1,221 Lower Ground Upper Ground GROUND F L O O R P L A N G03A G05 G08 1,459 1,382 7,902 G09 2,555 G01 G06 8,347 3,116 G07 760 G-30 G-39 G-37 G-36 G-35 G-32 G-31 1,416 1,011 1,220 1,115 1,118 1,219 1,084 G-40 G-38 G-33A 1,826 356 G-33 14,167 14,277 LowerLevel 1 Ground LEVEL ONE F L O O R P L A N L1-03A L1-05 3,337 2,408 L1-07 L1-08 L1-06 1,400 800 2,017 L1-11 7,428 L1-03 L1-09 701 3,598 L1-10 L1-02 610 934 L1-01 14,292 sq ft L1-49 L1-47 46, 234 46, 43, 252 43, 45, 233 45, 42, 252 42, - - - 721 - 43A, 272 43A, 446 - L1 L1 L1 L1 L1 L1-40 1,079 L1-48 L1-41 6,886 6,446 L1-38 L1-39 465 624 L1-37 481 L1-36 2,312 L1-35 14,269 LowerLevel 2 Ground LEVEL TWO F L O O R P L A N L2-03A L2-05 2,291 2,403 L2-07 L2-08 1,412 2,052 L2-06 L2-11 835 6,559 L2-09 3,665 L2-10 610 L2-01 14,860 L2-39 L2-50 L2-49 L2-42 45, 403 45, L2-40 41, 399 41, 48, 487 48, 47,528 43A, 403 43A, - 1,862 - - - 1,583 1,384 - 1,853 1,504 L2 L2 L2 L2 L2 L2-46 L2-43 L2-38 931 1,027 1,349 L2-37 684 L2-36 482 L2-35 2,308 L2-33A 13,981 LowerLevel 3 Ground LEVEL THREE F L O O R P L A N L3-03 L3-03A L3-05 L3-06 3,162 2,508 2,420 2,053 L3-10 5,935 L3-09 L3-07 L3-08 1,309 3,847 613 L3-01 16,275 L3-38 L3-36 L3-35 40, 399 40, 41, 399 41, L3-37 - - 45, 403 45, 43, 527 43, - 824 - 1,058 43A, 43A, 487 2,227 L3 L3 1,503 - L3 L3 L3-46 L3 L3-42 L3-39 L3-33A 2,904 928 1,022 1,341 L3-33 1,184 L3-32 21,145 LowerLevel 4 Ground LEVEL FOUR F L O O R P L A N L4-03A L4-05 L4-03 2,869 2,871 2,558 L4-09 L4-06 5,937 3,414 L4-08 L4-07 1,311 613 L4-01 16,349 L4-28 L4-26 35, 403 35, 36, 403 36, 31, 403 31, 32, 403 32, 38, 527 38, 39, 487 39, - - - 1,008 - - 869 - L4 L4 L4 L4 L4 L4 L4-37 L4-33A L4-30 L4-29 L4-40 L4-33 L4-27 932 1,026 1,040 2,009 3,307 1,905 2,145 Francis Kam [email protected] KL HQ: +603 2092 5955 Nick Yew [email protected].
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