Setia City Mall secures more fashion outlets

SHAH ALAM: Setia City Mall has secured over 50,000 sq ft of international fashion brands, bringing its tenancy take-up rate to over 95% of its net lettable area of 740,000 sq ft. The brands include Zara, MNG, Guess, Esprit, La Senza, G2000, Rip Curl, Aldo, Timberland, Cache Cache and Cotton On.

Setia City Mall, a joint venture between S P Setia Bhd and the Asian Retail Investment Fund (ARIF), is located in S P Setia’s 4,000-acre Setia Alam township. ARIF is a fund managed by the international investment arm of international property developer, Lend Lease.

“As we edge closer to opening, we’re very pleased at the confidence shown by the international fashion community. Offering these brands to our future customers will allow us to deliver on our promise to provide the Klang Valley with an exceptional shopping destination,” said Robert Spinks, development director of Setia City Mall in a statement yesterday.

With the new leases, the mall is on target to be 100% occupied for its opening in mid-2012. Other tenants include FOS and Padini, Parkson department store, a nine-screen Golden Screen Cinemas, Fitness First, Courts, Harvey Norman, Wangsa Bowl and Urbanfresh supermarket.

According to a spokesperson of RSH Malaysia, the owner of the Zara franchise in Malaysia, the expansion into Setia City Mall will help progress its regional growth strategy. The new outlet will be the brand’s seventh in Malaysia.

An artist's impression of Setia City Mall and its surroundings.

“Setia City Mall boasts an attractive design, excellent customer potential and a clear vision to deliver an exceptional retail asset. We are very pleased to be involved,” said the spokeperson.

The Zara store will be located on the upper ground floor and houses over 16,000 sq ft of the latest men’s and women’s fashion.

This article appeared on the Property page, The Edge Financial Daily, October 28, 2011.

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.