78
CapitaLand Malaysia Mall Trust
Annual Report 2015
Portfolio Details
Tropicana City Mall and Tropicana
City Office Tower
Tropicana City Mall and Tropicana City Office Tower
are part of an integrated commercial development
which is strategically located at the intersection of
two major highways, making it easily accessible from
Kuala Lumpur and various parts of Petaling Jaya.
With its positioning as a modern neighbourhood
necessity shopping destination, Tropicana City Mall
is a four-storey mall that offers a good mix of food
and beverage tenants, established retailers and a
hypermarket, which appeals to the residents from
the surrounding established and affluent residential
estates as well as workers from the neighbouring
office catchment.
Centre Management
Chai Wen Yew
Centre Management
Chris Chia
Marketing Communications
Mandy Yee
Leasing
Balaprakash S/O E
Tharrumah
Operations
Property Information
Tropicana City Mall
Tropicana City Office Tower
Title
Master Title Geran 54431, Lot 45821, Section 39,
Bandar Petaling Jaya, District of Petaling, State of Selangor
Darul Ehsan
1
Net Lettable Area (sq ft)
(as at 31 December 2015)
448,283
101,246
Number of Committed Leases
(as at 31 December 2015)
190
5
Committed Occupancy (%)
(as at 31 December 2015)
91.5
100
Car Park Lots
1,759
Market Valuation (RM mil)
Conducted by Henry Butcher Sdn. Bhd.
(as at 31 December 2015)
565
Gross Revenue (RM mil)
2
(for FY 2015)
21.7
3.4
Net Property Income (RM mil)
2
(for FY 2015)
12.1
2.4
Shopper Traffic in 2015 (mil)
3
2.1
–
Key Tenants
AEON Big, Golden Screen Cinemas,
Jatomi Fitness, Uniqlo, TBM,
Toys “R” Us, Grand Kingdom Chinese
Restaurant, Borders, Akemi Uchi,
S Wine and Vonza.
Tropicana Golf and Country Resort
Berhad, Star Media Radio Group
Sdn. Bhd. and CIMB Investment
Bank Berhad.
Lease Expiry Profile – By Committed Gross Rental Income
(as at 31 December 2015)
Year
Retail
%
Office
%
2016
19.3
24.5
2017
48.1
36.3
2018 and beyond
32.6
39.2
Tropicana City Office Tower is a 12-storey tower block
and is seamlessly connected to the retail mall via an
overhead covered link bridge.
Tropicana City Mall is anchored by an established mix
of Malaysian and international retailers including AEON
Big, Golden Screen Cinemas, Jatomi Fitness, Uniqlo
and TBM.
1
Application for subdivision for issuance of strata titles has been submitted by the developer, Tropicana City Sdn Bhd, to Pejabat Tanah dan Galian
Selangor on 5 August 2015.
2
For the period between 10 July 2015 and 31 December 2015.
3
From 1 October 2015 to 31 December 2015.
