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SSTwo mall to open next year (Sept 23, 2009)

PETALING JAYA:  SSTwo, a retail development owned by Pramerica Real Estate Investors (Asia) Pte Ltd under Asian Retail Mall Fund (ARMF), is aiming to open the mall by mid  next year, its leasing agent and retail mall manager DTZ Nawawi Tie Leung Property Consultants Sdn Bhd said.

Speaking to theedgeproperty.com recently, DTZ’s executive director Ungku Suseelawati Ungku Omar said the consultancy firm is currently in talks with several tenants for the shopping mall, in which it hopes to conclude by this year-end.

The mall with a net lettable area of 462,800 sq ft is located along Jalan SS2/72 within SS2 Petaling Jaya residential and commercial area. It was initially slated to open this year-end.

The five-level SSTwo is positioned to be a lifestyle neighbourhood centre targeted at middle to upper-middle income families with young children, PMEBs (professionals, managers, executives, businessmen & self-employed), DINKs (double income no kids) and young adults.

It will have supermarket, fast food restaurants and cafes and special concept stores.

Just a stone's throw away from the shopping mall is the recently-opened Tropicana City Mall by the Dijaya Group.

Selangor Dredging Bhd, which is developing a condominium project Five Stones in the vicinity of SSTwo mall, also has commercial land behind the condominium development. The developer, however, has no plans as yet for the land parcel.
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