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Sungei Wang

Sungei Wang is one of Malaysia's pioneer shopping malls located in Kuala Lumpur's central business district, also known as the "Golden Triangle". It is a popular shopping mall in Kuala Lumpur, enjoying heavy shopper traffic in the area and is well-known for its specialty stores offering shoppers a wide range of products and services.

Website: www.sungeiwang.com

Property Information

  • Tenure
    Freehold
  • Independent valuation(1)
    RM545.0 million
  • Purchase consideration
    RM724.0 million
  • Gross floor area(2)
    511,103 sq ft (47,483 sqm, representing approximately 61.9% of the aggregate retail floor area of Sungei Wang)
  • Number of car park bays(2)
    Approximately 1,298
  • Net lettable area(3)
    304,017 sq ft
  • Number of leases(3)
    194
  • Committed occupancy rate(3)
    70.2%
  • Shopper Traffic for 2017
    13.2 million
Notes:
  1. Based on the valuations as at 30 June 2018 commissioned by Mtrustee, trustee of CMMT.
  2. Includes the car park area as gross floor area is defined by the requisite authorities in Kuantan to be inclusive of the car park area.
  3. As at 31 Dec 2017.
  4. As at 30 September 2018.