This mall is now the largest shopping centre in Malaysia | Real Estate Asia
, Malaysia

This mall is now the largest shopping centre in Malaysia

It has a total of 2.5 million sq ft of lettable area.

According to a recent Knight Frank report, the cumulative supply of retail space in Klang Valley, Malaysia stands at circa 67.72 million sq ft as of 2H2022. 

This comes after the completion / opening of IOI City Mall Phase II in Putrajaya, alongside Setia Ecohill Mall in Semenyih, Datum Jelatek Shopping Centre in Taman Keramat and Megah Rise Mall in Petaling Jaya, with combined NLA of approximately 1.64 million sq ft.

Here’s more from Knight Frank:

With the completion of Phase II, IOI City Mall now spans over 2.5 million sq ft of lettable area, crowning it the largest shopping centre in Malaysia. Welcoming an additional 300 stores that include Kenny Hills Coffee, Bife Charcoal Steakhouse and Din by Din Tai Fung, the retail outlets at IOI City Mall will total over 700 units. Phase II also features IOI City Farm – an 18,000 sq ft indoor farm concept, IOI Grand Exhibition and Convention Centre and IOI Sports Centre – a world-class sports facility with 15 badminton courts and two covered futsal arenas. 

Drawing inspiration from the Grand Canyon, Setia Ecohill Mall features more than a myriad of shops and lifestyle attractions with man-made streams, water sculptures and lush landscapes, and several Instagram-worthy spots. The mall aspires to be a one-stop centre for the community in the Southern Klang Valley Corridor with its wide offerings of F&B, Lulu Supermarket and Department Store and a Boutique Digital Centre. 

Part of an integrated transit-oriented development (TOD), the long-awaited Datum Jelatek Shopping Centre is connected to the Jelatek LRT Station as well as four residential towers known for its iconic sky ring bridge – the first in Malaysia. 

The community-centric mall of Megah Rise is part of a mixed-development comprising luxurious high-rise residential. With a curated mix of F&B offerings, premium grocer and recreational facilities, Megah Rise Mall also features a 115-metre batik inspired mural walkway. 

The first half of next year (1H2023) will see the scheduled completions / openings of two shopping centres / supporting retail components in Kuala Lumpur with a collective retail space of circa 1.29 million sq ft. 

On the contrary, eCurve shopping centre was permanently closed last March. It is set to be redeveloped into a high-rise residence with focus on multi-generational living. The gross development value (GDV) of the redevelopment is estimated at between RM500 million and RM700 million.

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