KUALA LUMPUR (March 23): Tropicana Corp Bhd's Tropicana Gardens Mall has achieved a take-up rate of 68% or about 185 tenants. Some 45% or 123 tenants have started trading.
The mall, which has about one million sq ft net lettable area, will see more tenants opening by July, raising the number of trading tenants to 62%, according to the mall's managing director Andrew Ashvin at a media event held today at the 6,200 sq ft Starbucks Reserve, the largest in Malaysia.
Also at the event, Tropicana Corp group managing director Dion Tan Yong Chien said that moving forward, there will be more unique tenants.
The mall was launched in March last year and due to the Movement Control Order (MCO), saw its essential outlets like Village Grocer and pharmacies open but no fit-outs were allowed. Today, the mall sees about 200,000 footfalls per month with the aim of 500,000 footfalls by year-end, Andrew said.
Tropicana Gardens Mall is part of the Tropicana Gardens integrated development comprising serviced apartments and an office block, which is the headquarters for Tropicana Corp.