news

Jaya Shopping Centre achieves 80% occupancy rate

PETALING JAYA: The new Jaya Shopping Centre in Section 14, Petaling Jaya, has achieved an occupancy rate of 80% demonstrating confidence ahead of its anticipated opening in March.

“With more than 80% of the retail stores in Jaya Shopping Centre taken up, we are confident of creating full-time, part-time and seasonal employment opportunities,” said Ismail Ani Arope, director of Jaya Section Fourteen Sdn Bhd, the developer. “Some of our tenants include Cold Storage, TGV Cinemas, Best Denki, Brewball Pool & Karaoke, CIMB Bank, Chili’s Bar & Grill and Toys’R US. We expect to create many jobs to meet the human capital requirements of some of our tenants when Jaya Shopping Centre opens.”

According to Ismail, the mall is surrounded by 23 established universities and private colleges in the vicinity. He added that as a neighborhood shopping centre that has a strong nostalgic flavour and they hope to create more than just memories.

“The community has been supportive and excited with the opening of the new Jaya Shopping Centre,” he said. “We want to continue to serve and instil a sense of belonging and at the same time play a positive part in the local economy.”

Ismail said that Section 14, Petaling Jaya has always been a hub of activity. Jaya Shopping Centre in the past was already the centrepoint for the community, and will once again become the favourite neighborhood point and a place for conducting business and work.

Jaya Shopping Centre is expected to receive the certificate of completion and compliance (CCC) in the next few weeks.

Ismail added that the company is embarking on the countdown to the opening with numerous exciting activities planned.

“We are excited to bring the Jaya Shopping Centre, the shopping centre with a soul, back to Petaling Jaya,” he said.


This article first appeared in The Edge Financial Daily, on January 10, 2014.


Looking for properties to buy or rent? With >150,000 exclusive listings, including undervalued properties, from vetted Pro Agents, you can now easily find the right property on Malaysia's leading property portal EdgeProp! You can also get free past transacted data and use our proprietary Edge Reference Price tool, to make an informed purchase.
SHARE