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Sungei Wang Plaza 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

  Sungei Wang Plaza Property
Tenure Freehold
Independent valuation(1) RM625.0 million
Purchase consideration RM724.0 million
Gross floor area(3) 511,103 sq ft (47,483 sqm, representing approximately 61.9% of the aggregate retail floor area of Sungei Wang Plaza)
Number of car park bays(2) Approximately 1,298
Net lettable area(3) 456,251 sq ft
Number of leases(3) 225
Committed occupancy rate(3) 90.7%
Shopper traffic for 2016 13.8 million

  1. Based on the valuations as at 31 December 2016 commissioned by Mtrustee (formerly known as AmTrustee), trustee of CMMT.
  2. As at 31 December 2016.
  3. As at 31 March 2017.