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Tuesday, February 12, 2008

An artist's impression of Kluang Mall

PETALING JAYA: The Kluang Mall in Kluang, Johor — Majupadu Development Sdn Bhd's maiden commerical development — is expected to fi ll the needs of residents living in the area, said RCMC Sdn Bhd retail consultant Richard Chan. RCMC is the consultant for the development, that conducted a market study prior to the commencement of the first commercial
project for the Kluang-based developer.

“We believe the timing is right [for the project to kick off] as people living in the area are becoming more affluent and have stronger spending power,” he said, adding that the new mall would have a ready catchment of some 300,000 people with household incomes averaging about
RM4,000 per month.

Located on a 6.5-acre leasehold tract, the shopping mall is situated along Jalan Rambutan, a major access route in the heart of the town centre to several established residential schemes including, Niyor and Chamek in the north, Ayer Hitam and Sri Lalang in the west, Renggam in the south, and Kahang in the west.

The 2 ½-storey building has a gross area of about 800,000 sq ft with a net lettable area of 450,000 sq ft. It also has a 550ft-wide frontage and 1,200 parking bays. “In terms of size, it might not be able to compete with major shopping malls [in the Klang Valley] but Kluang Mall will be the largest in the district within a 50km radius,” Chan said.

He added that the mall would introduce a modern shopping experience to the residents staying in the area. According to him, there are currently two other smaller shopping centres in the vicinity with net lettable areas of less than 200,000 sq ft.

“It will also have a contemporary design, similar to modern malls in the Klang Valley such as One Utama and Mid Valley Megamall. Design elements include 18ft high shop fronts, spacious walkways between 35ft and 53ft wide and large atriums for exhibitions and promotions,” he said.

Kluang Mall is expected to be completed by the end of this year and would be open to the public before Chinese New Year 2009.

It has a gross development value (GDV) of RM90 million.

Majupadu Development managing director AK Tey said the mall would spur business activity in the area and offer more shopping variety for Kluang residents by attracting new, reputable brands not available previously. “Pacific Group will become the anchor tenant, taking up 120,000 sq ft over two levels, with other major retailers coming in include Popular Bookstores, Secret Recipe and Capcom Family Theme Park,” he said.

He added that the group intends to elevate the lifestyles of the residents and change the business landscape of Kluang.

“We hope to target not only the mass market but also the middle- to higher-income groups,” he said.

Majupadu Development is the Kluangbased developer of several residential schemes there such as Taman Gunung Lambak, Taman Majupadu and Taman Delima. The developer’s latest project
is Taman Delima 2, a mixed residential development of 1,189 units with a GDV of RM200 million.

“The first phase comprising about 1,000 units has been fully sold and completed.

Phase 2, consisting of 126 units of 1-storey terraces and 2-storey semi-dees launched in the third quarter of last year has seen a take-up of some 85%,” he said.

Future projects by the group include the development of 10 shop office units and a 120-room hotel in Kluang’s town centre as well as a 6.23-acre commercial development in the outskirts.

By theSun (by Yap Yew Jin)

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