With less than one year until doors open, Setia City Mall has gained the confidence of the retail market and secured all of its major retailers. Parkson, Golden Screen Cinemas, Urbanfresh, Harvey Norman, Fitness First, Courts and Wangsa Bowl are all on board to anchor the new mall set to invigorate the Klang Valley.
Setia City Mall will offer much more than the typical retail destination. It will provide shoppers with a vibrant lifestyle experience that includes diverse shopping options, an entertainment precinct, alfresco dining and outdoor facilities consisting of a park, lake, children’s playground and water jet plaza.
In addition to some of the best major retailers in Malaysia, a large and growing list of specialty retailers have also joined the project, with terms agreed for over 75% of the lettable area. Setia City Mall is on track to achieve its vision of becoming the destination of choice for neighbourhood shopping, entertainment and parklife.
Setia City Mall is being developed by a joint venture between S P Setia and the Asian Retail Investment Fund, a fund managed by the investment arm of international property developer Lend Lease.
Executive Vice-President, S P Setia, Khor Chap Jen, said: ‘The vision for Setia Alam is the creation of a nature-inspired sanctuary and a vibrant urban hub. The opening of Setia City Mall will crystallise this vision and provide residents near and far with not just another retail mall, but a holistic lifestyle destination.’
Lend Lease CEO Asia, Rod Leaver, said: ‘The signing of all its major retailers articulates the confidence the market has in Setia City Mall and I am pleased that our enthusiasm for safety, sustainability and the quality of this project is shared by the Malaysian retail sector. The combined knowledge and experience of the partnership between Lend Lease and S P Setia will undoubtedly lead to Setia City Mall’s success.’
Padini Managing Director, PC Yong, added: ‘Setia City Mall will provide shoppers with a wide range of experiences through its fantastic mix of shops, excellent outdoor facilities and strategic location. It will satisfy a new market catchment for retail in Malaysia.’
Rich Hutson, Sales Director, Fitness First Asia, added: ‘Our past experience with the Setia City Mall delivery team gives us great confidence in a positive outcome for the project. It will be an exemplary destination for shoppers, which has also been created with the needs of retailers at its core. Our success is amplified by the quality of our surroundings, and it is with this in mind that we have chosen to open in Setia City Mall.’
The mall will open in mid 2012.