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Mitsui Outlet Mall to open in Penang, once approved

The company has chosen Penang as its next outlet location as there has been a missing opportunity in the northern state, Cheah was cited saying, noting that the Mitsui Outlet has been gaining traction in the past years from mid-income earners.

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DONE DEAL: Serviced residence at Banyan Tree Signatures Pavilion, Kuala Lumpur

Noteworthy:

  • Freehold

  • Built-up: 1,078 sq ft

  • Semi-furnished

  • Two bedrooms, two bathrooms

  • Facilities: 58m infinity pool, Jacuzzi, kid’s pool, sauna and steam room, gym, dance studio, barbecue terrace, outdoor lounge, and function room with outdoor terraces

  • Amenities: Pavilion KL shopping mall, Bukit Bintang shopping belt, Suria KLCC and Prince Court Medical Centre 

When: April 2022

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DONE DEAL: Two-storey shopoffice at Hicom-Glenmarie Industrial Park, Shah Alam, Selangor

Noteworthy:

  • Freehold

  • Built-up: 3,000 sq ft

  • Land size: 1,540 sq ft 

  • Unfurnished

  • Amenities: Close proximity to educational institutions, supermarkets and Shah Alam stadium

  • Accessibility: Federal Highway, New Klang Valley Expressway (NKVE), Guthrie Corridor Highway, Shah Alam Expressway (KESAS) and Jalan Lapangan Terbang Subang; and close to Batu Tiga KTM station

When: January 2022

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DONE DEAL: Bungalow at Section 5, Petaling Jaya, Selangor

Noteworthy:

  • Freehold

  • Built-up: 4,000 sq ft 

  • Land area: 7,922 sq ft

  • Unfurnished

  • Five bedroom, four bathroom

  • Amenities: Primary and secondary schools, MBPJ Hockey Stadium, Arena Rakan Muda, Taman Jaya Lake, mosques, churches and temples, Amcorp Mall, Mid Valley Megamall, The Gardens, Bangsar Village shopping mall

  • Accessibility: Federal Highway, New Pantai Expressway (NPE), Jalan Templer, Petaling KTM station

When: March 2022

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