Sunway Pyramid, Bandar Sunway. Sunway Pyramid is located in Bandar Sunway, Selangor.
The shopping complex is the crown jewel of Sunway Resort City, which is part of an integrated city development by Sunway Property’s parent company, Sunway Group. Sunway Pyramid is a premier, award-winning shopping complex built over 820,070 sf of land. The net area that is available to be let is in excess of 1,700,000 sf. The mall first opened its doors to customers in 1997, and was built over two phases, with phase two having completed in 2007. There are approximately 735 tenancies available for rent in the mall and more than 3900 parking bays overall. The specialty entertainment facilities of Sunway Pyramid include a 12-screen cineplex by TGV, a 2,230 sf ice-skating rink, a fully computerized 48-lane bowling alley, an archery range, a snooker hall, to name a few. Property Details Facilities. Too much retail space? - Business News. Klang Valley has 59 million sq ft but some small towns have only a single mall.
THERE are a few issues facing shopping mall space in the Klang Valley today. The first is the amount of space, the second is retail spending which has a direct effect on rental and yield. The Klang Valley, which includes Selangor and Putrajaya, has a total of 59 million sq ft of mall space, according to statistics from the National Property Information Centre (Napic). That is equivalent to 51 Suria KLCC malls, which has 1.14 million sq ft of net lettable area. Napic includes arcades and older buildings in the outskirts as shopping mall space. If one were to consider non-government statistics, property consultancy CBRE says Greater Kuala Lumpur has a total retail space of 48 million sq ft, equivalent to 41 Suria KLCCs malls.
The question is... will retail spending continue to expand? He says the oversupply and overbuilding situation is only apparent in the city, but not in the smaller towns. Shopping Mall Malaysia, Sunway Pyramid. Sunway REIT sees boost from Sunway Pyramid. KUCHING: Sunway Real Estate Investment Trust (Sunway REIT) saw an improvement in its core earnings for the second quarter of the financial year 2011 (2QFY11) attributed to an improved performance from its Sunway Pyramid Shopping Mall.
MARKED REVERSION: Sunway Pyramid records a markedly strong rental positive reversion in 1QFY11 and 2QFY11 of 15.8 per cent and 17.1 per cent respectively on a quarterly basis. According to OSK Research Sdn Bhd’s (OSK Research) research report, Sunway Pyramid recorded a markedly strong rental positive reversion in 1QFY11 and 2QFY11 of 15.8 per cent and 17.1 per cent respectively on a quarterly basis. As a result, the mall now commanded a much-higher average monthly rental rate of RM9.39 per square feet (psf) compared with RM8.99 psf in FY10.
The research firm noted that any major changes to the mall’s earnings prospects would significantly impact the trust’s overall performance because the mall alone contributed about 60 per cent to the trust’s earnings. 20131005-Star-Klang_Valley_has_59_million_sq_ft_but_some_small_towns_have_only_a_single_mall.pdf. Shopping Mall Malaysia, Sunway Pyramid. Sunway Pyramid shopping mall in Kuala Lumpur, Malaysia. Sunway Pyramid is a mall shaped like a pyramid.
The mall's theme is based on an Egyptian-inspired design and was opened to public in 1997. Right in front of the mall there's a huge lion replica so you cannot miss it if you are visiting this mall. There are around 800 shops within the mall, besides the shops there's also a huge theme park, a swimming pool, a bowling alley and an archery shooting range. Our pages on Kuala Lumpur. Kuala Lumpur Population 2015 - World Population Review. Kuala Lumpur, or KL, is the federal capital and most populous city of Malaysia.
Kuala Lumpur is the fastest growing metropolitan area of the country. Ranked as an alpha world city, it's the economic, financial and cultural city of the country and one of three Malaysian Federal Territories. The city also has a high Human Development Index. In 2014, Kuala Lumpur has an estimated population of 1.67 million. Malaysia’s GDP per capita rises in 2013. Department of Statistics Malaysia Official Portal. Malaysia GDP Annual Growth Rate. On the expenditure side, private consumption grew by 7.8 percent year-on-year, following a 6.7 percent increase in the third quarter supported by stable labor market conditions and continued wage growth.
In contrast, public consumption growth slowed to 2.7 percent, from a 5.3 percent in the third quarter, due to slower growth in both emoluments and supplies and services. Private investment grew by 11.2 percent, after registering a 6.8 percent expansion in the third quarter, mainly due to an increase in spending in the manufacturing and service sectors. In contrast, public investment declined by 2.1 percent, following a 8.9 percent drop in the previous quarter, due to a contraction in spending on fixed assets by the Federal Government. Export rose by 1.5 percent, slowing from 2.8 percent growth in the preceding quarter, due to contraction in sales of services. Imports increased by 2.6 percent from a 2.2 percent rise in July to September, due to better demand, particularly for goods. Asia Market Intelligence - Asia Price Tracking Research by spireresearch.com.
Malaysia Country Factfile. CEIC Economic Data Database. Sukutahun4_2014. Cp01_001_whitebox.pdf. EmeraldInsight. Consumer sector expected to go easy on spending in 2015. KUCHING: The consumer sector which includes food and beverage (F&B) and retail segments are expected by analysts to continue seeing subdued consumer sentiment in currrent year 2015 (CY15) in addition to a slowdown in spending after the goods and services tax (GST) implementation.
According to the research arm of MIDF Amanah Investment Bank Bhd (MIDF Research), consumer confidence has been hovering below 100 percentage points (ppts) in CY14 after recovering from a steep tumble towards the end of CY13. Quoting the Malaysian Institute of Economic Research, the research arm noted that the Consumer Sentiment Index has fallen below the 100ppts threshold to 98 in the third quarter of CY14 (3QCY14) after breaching 100ppts in the previous quarter.
Malaysia Consumer Spending. Malaysia’s indigenous hit hard by deforestation – Al Jazeera English. The clear-cutting of forests is thought to have played a role in Malaysia’s worst flooding in decades.
Kuala Wok, Malaysia – High up in the remote mountain jungles of Malaysia’s eastern state of Kelantan, massive deforestation and the country’s worst flood in decades have left indigenous tribes reeling. In the village of Kuala Wok, the Temiar people’s Sewang ceremony is held to worship and seek guidance from the spirits and nature, and forms an important part of their religion and culture. During the colourful ceremony the women beat bamboo instruments in rhythm, while the village head leads a group of men through chants, prayers and dances that increase in intensity over several hours. Many experience violent convulsions during the dance, which they attribute to spirits possessing them.
The Temiar place a high value on respecting the environment and its destruction by outsiders is threatening their way of life. UMD Leads 1st Local-to-Global Mapping of Forest. COLLEGE PARK, Md. - A University of Maryland-led, multi-organizational team has created the first high-resolution global map of forest extent, loss and gain.
This free resource greatly improves the ability to understand human and naturally-induced forest changes and the local to global implications of these changes on environmental, economic and other natural and societal systems, members of the team say. In a new study, the team of 15 university, Google and government researchers reports a global loss of 2.3 million square kilometers (888,000 square miles) of forest between 2000 and 2012 and a gain of 800,000 square kilometers (309,000 square miles) of new forest. Their study, published online on November 14 in the journal Science, documents the new database, including a number of key findings on global forest change.
For example, the tropics were the only climate domain to exhibit a trend, with forest loss increasing by 2,101 square kilometers (811 square miles) per year. Environmental problems in Malaysia. Evidence global warming the biggest influence on weather. Published: 27 April 2015 11:30 PM Greenhouse gases are having significant impacts on extreme weather conditions. – Reuters pic, April 27, 2015.Global warming is to blame for most extreme hot days and almost a fifth of heavy downpours, according to a scientific study on Monday that gives new evidence of how rising man-made greenhouse gases are skewing the weather.
"Already today 75% of the moderate hot extremes and about 18% of the moderate precipitation extremes occurring worldwide are attributable to warming," the climate scientists, at the Swiss university ETH Zurich, wrote. The rest were due to natural swings in the weather. "Moderate" extremes are the type expected in any place once in 1,000 days. In Britain, for instance, that is 33.2 degrees Celsius in southeast England or 27 degrees further north in Edinburgh, according to the UK Met Office Hadley Centre. "We were surprised," Fischer said of the findings, especially by the high impact of global warming on heat extremes. Malaysia’s Economic Growth Speeds Up Despite Oil Rout. Danger signs for the Malaysian economy. We are facing critical times if not yet a crisis. By Ramon Navaratnam Bank Negara Governor Zeti Akhtar Abdul Aziz did well to give an uncharacteristic press conference on our economic performance based on data from the Fourth Quarter of 2014.
She said she was addressing “the misconceptions surrounding the impact of the fall in oil prices and the significance of the oil and gas industries to the Malaysian economy.” Malaysia: Oil Prices Pose Threat to Economy. World Bank:Further fall in oil prices poses risk. Further decline in crude oil prices may dampen Malaysia's economic growth and pose risk to the government's fiscal consolidation plan, the World Bank has said. In its East Asia and Pacific Economic Update released yesterday, the World Bank notes that should the oil prices go lower, there will be key risk to Malaysia's near term growth, fiscal and external accounts. The reason for risk to growth -- lower capital expenditure in the oil and gas sector which is a key driver to the recent investment boom and narrowing payouts from the national oil and gas company Petroliam Nasional Bhd. "Although the government announced a slew of expenditure cuts to remain on a consolidation path, over a fifth of revenues depend on oil, including a yearly dividend from Petronas.
If oil prices remain low, Petronas will be hard-pressed to maintain this dividend, especially if it is to continue its large investment program," the multilateral lending agency said. Country Profiles. Malaysia's Najib faces leadership test in by-elections. By Reuters Published: 10:33 GMT, 4 May 2015 | Updated: 10:33 GMT, 4 May 2015. What you need to know about Malaysia's by-elections in Rompin and Permatang Pauh - South-east Asia News. Two back-to-back by-elections in Malaysia this week will test the unity of the country's fragile opposition coalition. The polls are also seen as a test of Prime Minister Najib Razak's popularity amid criticisms of his leadership in recent weeks by former leader Mahathir Mohamad, who has asked him to step down.
The by-election in Rompin, Pahang, is being held on Tuesday (May 5) and the one in Permatang Pauh, Penang, will be held on Thursday (May 7). Here's a quick look at why the polls are important: Malaysia: Status quo after by-elections. Asrul Hadi Abdullah Sani The Straits Times. Najib’s taxing problem: The politics of Malaysia’s GST. Malaysia GST Implications For Manufacturers. Najib’s taxing problem: The politics of Malaysia’s GST — Bridget Welsh. Pmtg Pauh, Rompin – markers of political future. Taken from Malaysiakini.com The dominant theme of Permatang Pauh and Rompin has been one of negativity.
27jan_edge02.pdf. Malaysia - Economic analysis of government's policies, investment climate and political risk. Export.gov - Malaysia - Doing Business in Malaysia. Why Malaysia? : Advantages of Malaysia - Iskandar Malaysia. Malaysia is a country on the move. The World Factbook. Malaysia. Malaysia Convention and Exhibition Bureau. MyCEB has recently unveiled a new branding campaign and a new tagline which reinforces its evolving business and embraces the positioning of Malaysia as Asia's business events hub. Created to convey Malaysia’s value propositions for business events, the branding’s reveal was officiated by YB Dato' Dr James Dawos Mamit, Deputy Tourism Minister at Central Market Kuala Lumpur.
PwC - Growth Markets Centre: Budget 2015 supports Malaysia's Rising Competitiveness - Growth Markets. By Patrick Tay, Advisory Executive Director, PwC Malaysia. Najib: No crisis, Malaysian economy still strong despite global slowdown - Nation. Malaysia Economic Growth. Malaysia: Braving the Economic Storm - The Market Mogul. Mida_malaysia.pdf. IMF Survey : Favorable Prospects for Malaysia’s Diversified Economy. River Island Fashion Designer Bursary in Ireland « River Island plots international expansion after Rihanna tie-up. River Island heads across the pond - Features - Fashion. The RIHEFFECT: River Island Plans International Expansion After The Success of Rihanna’s Line. Nem. TENTH MALAYSIA PLAN 2011-2015. Developing franchises in Malaysia. Malaysia News Archive (Current) - Franchise-chat. FIM 2015 set to attract RM370mil investments - Nation. Malaysian Franchises Now in 55 Countries - 22 Apr 2015.
5 Things You Must Know About Franchising. Malaysiagt.pdf. Malaysiagc.pdf. Launch of KL Fashion Weekend featuring GREAT British fashion - Speeches. Increasing trade and investment between the UK and Malaysia - Worldwide Priorities. Retail-Trade-Mission-to-Malaysia.pdf. 1_ Annual Report 2013(1) Positive growth expected for franchise industry - SME. Malaysia Franchise report.
Malaysian government actively promotes growth in franchise sector. International Franchise Opportunity in Malaysia for Foreigners. Franchising is the future - Business Circle. The Malaysian Franchise Industry - A Regulation Perspective. Opportunity Malaysia. US Mission to Malaysia. All about franchising in Malaysia - Franchise Times - October 2014 - FranchiseTimes.com. Top Stories - Corporate LiveWire - Corporate LiveWire. Kementerian Perdagangan Dalam Negeri Koperasi dan Kepenggunaan. The Pros and Cons of Franchising Your Business. CB_R_globalexpansion_2013.pdf. History. Welcome to Forbes. Business Image and Fashion Retailing Continued. Consumer Confidence Index for Q4 2013. Asia News Update - Consumer & Retail. Topshop's South African expansion highlights potential of market. Hktdc.com - Malaysia sets out franchise opportunities. Indonesia, Malaysia Lead Way in ASEAN Trade Opportunity: HKTDC Research. Orchard Road rents on the rise, Commercial, Singapore Property Guides & Articles - STProperty.
Malaysia: opportunities in its dynamic and diversified consumer market. Malaysia Consumer Spending. Thanks, Zalora Singapore: River Island Makes Its Comeback. Singapore shopping malls ‘too many, too similar’, says Dubai-based conglomerate. Robinson & Co to introduce River Island to Asia. Dubai’s Al-Futtaim says to close three Singapore stores. 17 brands that have passed away in S’pore the last few years, some very quietly. River Island returns to Singapore in partnership with Asian etailer Zalora.
The rise of internationalisation amongst UK retailers. Malaysia's Magnetic Pull. Bangkok's Independent Newspaper. Wing Tai Holdings Limited - About Our Company. Topshop Suffers a Setback in Japan.