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CapitaLand Malaysia Mall Trust
Annual Report 2015
Overview
Sustainability
Business
Review
Portfolio
Details
Corporate
Governance &
Transparency
Sungei Wang Plaza
Sungei Wang Plaza, which translates as ‘the river of
gold’, opened in 1977. It is one of the most popular
shopping centres in Kuala Lumpur’s prime shopping
and commercial precinct - the ‘Golden Triangle’ – an
area that comprises three bordering streets, namely
Jalan Bukit Bintang, Jalan Sultan Ismail and Jalan Imbi.
A one-stop shopping centre ‘for all kinds of everything’,
Sungei Wang Plaza is also well-known for its unique
blend of specialty stores and entertainment outlets
that appeal to the mass market. Being strategically
located in the Bukit Bintang shopping precinct,
it also commands strong patronage from local and
international tourists.
Centre Management
Elise Lim
Centre Management
Louise Loo
Marketing Communications
Tan Dee Wah
Leasing
Suresh S
Santhalingam
Operations
Sungei Wang Plaza - Property Information
1
Title
205 parcels, each with individual strata title, in the building
erected on land held under master title GRN 11043, Lot 1197
Seksyen 67, Bandar Kuala Lumpur, Daerah Kuala Lumpur,
Negeri Wilayah Persekutuan Kuala Lumpur
2
Net Lettable Area (sq ft)
(as at 31 December 2015)
456,336
Number of Committed Leases
(as at 31 December 2015)
235
Committed Occupancy (%)
90.4
Car Park Lots
1,298
Market Valuation (RM mil)
Conducted by PPC International Sdn. Bhd.
(as at 31 December 2015)
780
Gross Revenue (RM mil
)
(for FY 2015)
55.0
Net Property Income (RM mil)
(for FY 2015)
37.2
Shopper Traffic in 2015 (mil)
15.4
Key Tenants
Parkson, Giant, StorHub, MR.DIY, F.O.S., SUB, Daiso,
Food Emporium, KFC and McDonald’s.
1
All information in this table and pertaining to the lease expiry profile, top 10 tenants and trade sector analysis pertain to CMMT’s interest in Sungei Wang
Plaza. The strata titles to Sungei Wang Plaza have been issued and the management corporation, Sungei Wang Plaza Management Corporation,
is responsible for the maintenance and management of common areas within Sungei Wang Plaza, as well as mall- specific marketing and events.
2
The total share units allocated to the 205 strata titles owned by CMMT represent approximately 62.8% of the voting rights in Sungei Wang
Plaza Management Corporation. These 205 strata parcels consist of retail space with an aggregate floor area of approximately 511,103 sq ft
(representing approximately 61.9% of the aggregate retail floor area of Sungei Wang Plaza) and approximately 1,298 car park bays with an
aggregate floor area of approximately 435,411 sq ft, (which comprises 100.0% of the car park bays in Sungei Wang Plaza).
Financials &
Additional
Information
Sungei Wang Plaza is an 11-storey retail shopping
centre with two basement levels and two elevated
levels of car park. The mall is anchored by Parkson
and other key tenants within CMMT’s strata parcels
include Giant, StorHub, MR.DIY, F.O.S., SUB, Daiso,
Food Emporium, KFC and McDonald’s.
