Dubbed "Wangsa Walk Mall", the RM100 million mall opened its doors in September last year and now records some 5,000 visitors a day and 15,000 visitors on weekends.
Its visitors are mostly residents from local and neighbouring communities.
"The mall has a 96 per cent occupancy now and we will sign in the remaining 4 per cent soon," said retail mall general manager Foong Meng Khum.
He said the company is expecting an annual yield of between 5 and 6 per cent from the mall.
The Wangsa Walk Mall was officially launched yesterday in a ceremony officiated by Minister of Federal Territories and Urban Well-Being Datuk Raja Nong Chik Zainal Abidin.
The mall aims to serve as a leisure and activity centre for the local community and is equipped with a 400m walking and jogging track around the complex.
MSL Properties has secured Cold Storage as an anchor tenant for the mall, while the mini-anchors include TGV Cineplex, Popular Bookstore, Celebrity Fitness, a family entertainment centre, a household and electrical goods outlet and a food court.
According to earlier findings used to determine the feasibility of the project, over 210,000 people - 51 per cent male - are within a 10-minute radius, of which 24 per cent are under 19 years of age and 39 per cent in the 20- to 40-year-age group.
By Business Times
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