Parkson to be anchor tenant at Evo Mall

Alifah ZainuddinFriday, May 19, 2017
Share

Asia’s leading department store Parkson Malaysia has signed to become an anchor tenant at Evo Mall, located in Bandar Baru Bangi. 

Parkson joins local electronic goods chain, SenQ, and food court operator, Food Empire, that would act as mini anchor tenants at the new retail mall that is expected to be completed in the fourth-quarter this year. 

(From left) Tiew, Senheng Electric (Kl) Sdn Bhd division head of central region Mac Wong, PKNS-Andaman development GM Zawiah Mohd Thani, Parkson Corp Sdn Bhd Coo law Boon Eng and Smart legacy Sdn Bhd director Sl Yap at the signing ceremony in Putrajaya yesterday

“We are very excited to have Parkson Malaysia on board with us at Evo Mall. The renowned Parkson Malaysia is a firm favourite among Malaysians for its extremely diverse range of brands, from European and Asian products to contemporary local labels,” Andaman Group MD Datuk Seri Dr Vincent Tiew said in his address at the PKNS-Andaman Development Sdn Bhd signing ceremony in Putrajaya yesterday. 

The department is one of two anchor tenants at Evo Mall, where it will occupy three floors of approximately 7,711 sq m. 

Parkson currently boasts an extensive network of 131 stores in Malaysia, China, Vietnam, Indonesia and Myanmar, with 19 stores in the Klang Valley alone. 

To date, Evo Mall has achieved more than 70% occupancy, owning a strong list of tenants including Japanese Brand Grocer, Caring Pharmacy, Focus Point, Pets Wonderland, TM Broadband Station, DiGi, Celcom 

Xclusive, U Mobile and Samsung. Evo Mall is expected to benefit from Selangor’s fast evolving shopping scene which is seeing changes in demographics as well as consumer shopping habits. The mall’s design, position and tenant mix will reflect a modern identity and is expected to cater to families and young adults. 

“Evo Mall will be part of the urban redevelopment off this part of Greater Kuala Lumpur (KL) with its specialty services and products, providing a fresh experience that will fit the customer profile of this area,” Tiew said. 

Total retail space in Greater KL is expected to reach 6.5 million sq m by end-2018, exceeding the supply in Singapore and most capitals in South-East Asia. Currently, the Klang Valley has an excess of 0.7 sq m per capita of total population which now stands at 7.3 million. 

Evo Mall will consist of four retail floors with 110 retail outlets spread over 23,225.8 sq m of space. 

The mall’s developer, PKNS- Andaman Development, is a joint-venture company by Selgate Corp Sdn Bhd and Andaman Realty Sdn Bhd. 

The luxury shopping mall in Section 9, Bandar Baru Bangi, also comprises 704 units of shop office home office and 200 shops. 

The mall is equipped with a supermarket, bowling centre and shops selling premium items. 

Units are sold at a starting price range between RM240,000 and RM750,000 each. 

 

Save as Draft By Editor: 
0
Show this story in slider: 
No
Set as main story 1: 
No
Set as main story 2: 
No
Set as main story 3: 
No