Sunway Carnival Shopping Mall
Net Lettable Area 461,385 sq.ft.(retail); 
32,292 sq.ft.(convention centre)
Appraised Value RM290 million *
Land Area 348,428 sq.ft.
Gross Floor Area

769,546 sq. ft. (retail & convention centre)
213,554 sq. ft

Tenure 99 year lease hold
Year of Completion 2007
Number of Tenancies 190 **
Car parking bays More than 1,100
Website www.sunwaycarnival.com

* Latest valuation as at June 2013
**  As at 30 June 2013

Description
Sunway Carnival Shopping Mall is a stylish 4-storey shopping mall strategically located within the town centre of Seberang Jaya, a well-integrated township initiated by the Government to boost the administrative, residential, industrial and commercial sector of
Malaysia’s northern region.

The mall hosts international and regional retailers, exquisite dining
and entertainment outlets to ensure more passion, fun and delights for the shoppers. Visitors are in for a shopping experience that will never be quite the same ever again, all thanks to the approximately 190 specialty outlets. An exciting mélange of novel and trendy shops await shoppers where one will find variety in fashion, accessories, shoes, jewellery, timepieces, music, videos, gifts, souvenirs, leathers, books, pharmacies and electrical products. Recreational facilities include a karaoke lounge, an eight-screen cineplex, the biggest in Penang mainland, and an amusement centre.

Sunway Carnival Shopping Mall is only mere minutes from the crossroads of the North-South and Kulim-Butterworth Highways, two of the nation’s busiest and most widely travelled routes. The mall is also located near the Penang Bridge and North Butterworth Container Terminal.

 

Competitive strengths of Sunway Carnival Shopping Mall

  • Well positioned in an established commercial and industrial area serving the shoppers from the mainland Penang, among a large and growing residential population.
  • The mall has a diverse tenants profile backed by established anchor tenant such as Parkson Department Store.
  • Features the Sunway Carnival Convention Centre, a 1,200 person capacity convention centre, the largest in northern Malaysia.
  • Flanked by North-South Expressway and Butterworth-Kulim Expressway.
  • The mall benefits from the recognition and reputation of the “Sunway” brand name.

Tenant profile

As at 30 June 2013, top 10 tenants of the mall accounted for 31.3% of the Gross Rental Income of the mall. The Top 10 tenants are shown in the following table:

 

 Tenant

Trade Mix

% of Gross Rental Income

Parkson Corporation Sdn Bhd

Department Store

9.7%

Golden Screen Cinemas Sdn Bhd

Entertainment

8.5%

GCH Retail (Malaysia) Sdn Bhd (Giant)

Supermarket

3.0%

Sunway Hotel Seberang Jaya Sdn Bhd

Convention Centre

2.6%

Cheah Chyuan Yong (M) Sdn Bhd (CYC Mega Leisure)

Entertainment

1.5%

Jet Line Avenue Sdn Bhd (Track 7 Karaoke)

Entertainment

1.3%

Life Habitat Sdn Bhd (Studio)

Fashion

1.3%

Island Heritage Sdn Bhd (Absolute Fitness)

Fitness

1.2%

Espirit De Corp (M) Sdn Bhd

Fashion

1.1%

RSH (M) Sdn Bhd (Studio R)

Fashion

1.1%

Dated: 30th June 2013


 

 

 
 

 

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