Komtar JBCC reaches 90% occupancy rate

JOHOR BARU: Johor Corporation’s (JCorp) Komtar JBCC has reached 90% occupancy rate to-date. JCorp is confident of reaching full occupancy before its opening in July.

JCorp chief executive officer Datuk Kamaruzzaman Abu Kassim said the retail mall has a good tenant mix, which includes international brands.

“Over 30% of retailers in Komtar JBCC are new tenants, which include international brands like Swarovski, Fossil, Chanel, Tumi, Estee Lauder, Kiehl’s, Victoria’s Secret, Pandora, Jelly Bunny and Tizio.

“As promised, we are bringing in a good mix of international renowned brands such as the first Southeast Asia’s Angry Birds’ Activity Park, Marks and Spencer, Sephora, Metrojaya, Padini Concept Store, Tony Roma’s and many more,” Kamaruzzaman said.

Komtar JBCC will offer 405,000 sq ft of retail space and two towers, Menara Komtar and Menara Johor Land. The development also includes a four-star hotel.

To ensure smooth operations for Komtar JBCC, JCorp has appointed Synergy Mall Management Sdn Bhd (SMM) to spearhead the new mall. SMM and CCN Asia Property Management Sdn Bhd will be in charge of the mall.

“In delivering the promise of a mall that offers operational excellence of international standards, we have formed a dedicated management company, Synergy Mall Management, that can deliver an international level mall management and it will work closely with CCN APM, our top brass leasing partner with extensive retail background,” said Kamaruzzaman.

Komtar JBCC will feature an array of outlets of famous international brands, sophisticated cafés as meet-up places, a modern supermarket, a souk bazaar, children-centric outlets and an activity park.

It also includes a colour-coded car park that adopts a more eco- and driver-friendly system which saves driving time and maximises on security.

Kamaruzzaman (in light blue shirt) with Komtar JBCC’s centre management team.
Kamaruzzaman (in light blue shirt) with Komtar JBCC’s centre management team.

This article first appeared in The Edge Financial Daily, on June 27, 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.