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Subang Parade was the first ‘regional’ shopping centre in Selangor when it was opened in 1988. The centre is located in the heart of Subang Jaya’s commercial district, a township which is 25 minutes drive from Kuala Lumpur.
Subang Parade’s positioning strategy is neighbourhoodfocused, with an emphasis on its primary trade area. This market focus provides the centre with a captive customer base, whose needs are met by a tenant mix offering value and convenience. In 2011, the introduction of a cinema has further enhanced the tenant mix of the centre, bringing us closer to our purpose in meeting customers’ needs.
Subang Parade will undergo an asset enhancement initiative ("AEI") this year with creation of new net lettable area of 20,000 sq ft. The AEI is expected to complete in 2018.
|Location|| No. 5 Jalan SS 16/1, Subang Jaya
47500 Petaling Jaya
|Primary Trade Area||1,834,000 within 20-mins drive time|
|Gross Floor Area||1,169,038 sq ft|
|Net Lettable Area||507,150 sq ft|
|Key Tenants||Parkson, Celebrity Fitness, MBO Cinemas, Best Denki, Digital One, TGIF
|Visitor Traffic||9.2 million per annum|
|Year Acquired by REIT||2006|
Data as of 31 December 2016. * Only NLA Lots
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|Tenant||Trade Sector||NLA (sq ft)||% of Total
|% of Monthly
|2||Digital One||Electronics & IT||21,361||4.2%||2.9%|
|3||Celebrity Fitness||Leisure & Entertainment/Sport & Fitness||21,646||4.3%||2.8%|
|4||Bata||Fashion & Footwear||4,597||0.9%||2.6%|
|5||Best Denki||Electronics & IT||24,739||4.9%||2.4%|
|6||TGI Friday’s||Food & Beverage||5,655||1.1%||2.0%|
|7||Kenny Roger Roasters||Food & Beverage||3,610||0.7%||2.0%|
|8||MBO Cinemas||Leisure & Entertainment/Sport & Fitness||25,293||5.0%||1.9%|
|9||The Reject Shop||Fashion & Footwear||9,192||1.8%||1.8%|
|Top 10 Tenants (By Monthly Rental Income)||271,621||53.5%||34.4%|
* Based on monthly rental income for December 2016.
* Based on monthly rental income for December 2016
|For Year Ending
|No. of Tenancies
|NLA of Tenancies
|NLA of Tenancies
Expiring as % of
|% of Total Monthly
*Based on monthly rental income for December 2016.