Tuesday, June 4, 2013

Today's Pick (19/04/13/67/991)The retail space of Suiwah’s RM50mil Sunshine Bertam mall is fully-booked

The retail space of Suiwah’s RM50mil Sunshine Bertam mall is fully-booked


GEORGE TOWN: Suiwah Corp Bhd's new RM50mil shopping mall in Bertam, Kepala Batas, is expected to open in June.

Group executive director Cynthia Hwang said the tenant-control mixed shopping mall, Sunshine Bertam, located on 2.43ha, would have some 200,000sq ft of lettable area.

“The hypermarket, called Sunshine Bertam, would occupy approximately 50,000 sq ft.

“The remaining floor space would be leased out to shops. The retail space is fully-booked,” she added.

Hwang was speaking at a press conference attended by Suiwah directors Datuk Ahmad Osman and Datuk Radzali Hassan, Sunshine Amanjaya's Datuk Rafique Abdul Karim, and Bertam Properties Sdn Bhd's Datuk Roslan Ibrahim.

Hwang said there would be four cineplexes and some 500 carpark bays.

“The size of each retail lot ranges between 200 sq ft and 1,000 sq ft.

“There will be goldsmith, florist, telecommunications, and food and beverage outlets.

“There would also be a karaoke and reflexology centre,” she added.

Bertam town has a population of around 100,000 people, upon which the shopping mall could depend for support.

Roslan, meanwhile, said that Sunshine Bertam was in the Bertam Perdana township. “The township is now in the third phase of development, located on a 6.47ha site, which is 60% completed.

“We have sold most of the 70 units of shop-offices in the third phase.

“The third phase should be completed in September 2013,” he said.

Roslan said Bertam Properties still had 32.37ha to 36.42ha in Bertam for commercial development, where the plan was to develop some RM200mil worth of commercial properties over a period of eight to 10 years.

“As for residential properties, we still have 202.34ha in Bertam.

“The plan is to develop some RM300mil worth of residential properties over the next eight to 10 years,” he said.

Listed in 1995, the group owns Sunshine Square, a pioneer department store and supermarket in Bayan Baru, Sunshine Farlim Shopping Mall, and Sunshine Lip Sin, a supermarket in Gelugor.

It also owns a chain of convenience stores in multi-national companies such as Kobe, Agilent, Lumileds and ASE.

The group has also diversified into manufacturing, property development and international trading.

Source : New Straits Times
Date: 18 April 2013
Today's Pick (19/04/13/67/991)

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