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Central Square

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Completed in 1997, Central Square is the most established retail centre in Sungai Petani and is considered as one of the most recognisable landmarks in the area.

Strategically situated in the town centre, the Central Square property is well-positioned as a neighbourhood mall that caters to its immediate surrounding community. It houses an established mix of national and international brand retailers.

Central Square was relaunched in 2015 upon the completion of its extensive asset enhancement initiatives (“AEI”). The mall is now fitted with a modern facade, bright interior and a brand new cinema having eight screens.


Location 23, Jalan Kampung Baru,
08000 Sungai Petani
Kedah
Title Freehold
Primary Trade Area 406,870 within 20-minutes drive
Gross Floor Area 743,117 sq ft
Net Lettable Area 311,230 sq ft
Car Park 477
Valuation RM95.7 million
Tenants* 70
Key Tenants The Store, Perfect Mobile Village, MBO Cinemas, Popular Bookstore, Dave’s Deli, Mr DIY
Occupancy 96.6%
Visitor Traffic 3.9 million per annum
Year Opened 1997
Year Acquired by REIT 2012

Data as of 31 December 2016. * Only NLA Lots


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Map of Central Square, Kedah

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Central Square

Central Square's Top Ten Tenants


Tenant Trade Sector NLA (sq ft) % of Total
NLA
% of Monthly
Rental Income*
1 The Store Department Store/Supermarket 130,000 41.8% 29.7%
2 Perfect Mobile Village Electronics & IT 13,229 4.3% 5.7%
3 MBO Cinemas Leisure & Entertainment/Sport & Fitness 34,412 11.1% 5.5%
4 Anjung Irama Services Leisure & Entertainment/Sport & Fitness 13,452 4.3% 3.8%
5 KFC Food & Beverage 3,619 1.2% 3.5%
6 Panbowling Leisure & Entertainment/Sport & Fitness 25,000 8.0% 2.8%
7 Studio Fashion & Footwear 6,901 2.2% 2.8%
8 Popular Gifts/Books/Toys/Specialty 6,450 2.1% 2.6%
9 Mr DIY Homewares & Furnishing 11,968 3.8% 2.4%
10 Food Karnival Food & Beverage 6,887 2.2% 2.0%
  Top 10 Tenants (By Monthly Rental Income) 251,918 81.0% 60.8%
  Other Tenants 59,312 19.0% 39.2%
  Total 311,230 100.0% 100.0%

*Based on monthly rental income for December 2016.

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Central Square's Tenancy Mix

* Based on monthly rental income for December 2016

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Central Square's Expiry Profile


For Year Ending
31 December
No. of Tenancies
Expiring
NLA of Tenancies
Expiring
(sq ft)
NLA of Tenancies
Expiring as % of
Total NLA
% of Total Monthly
Rental Income*
FY 2017 39 249,121 80% 72%
FY 2018 22 22,774 7% 18%
FY 2019 4 28,755 9.2% 10%

* Based on monthly rental income for December 2016.

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