Singapore • China • Malaysia • Japan • India
Proposed Shopping Mall Development
in Klang Valley, Malaysia
9 May 2012
CapitaMalls Asia Limited
Asia’s Leading Mall
Developer, Owner and Manager
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2 Proposed Shopping Mall Development In Klang Valley, Malaysia *May 2012*
• Project Highlights
• Rationale
• Summary
Contents
Proposed Shopping Mall Development In Klang Valley, Malaysia *May 2012* 3
4 Project Highlights Queensbay Mall, Penang, Malaysia
CMA’s First Development Project in Malaysia
New shopping mall will cater to under-served
retail needs of established residential district
• Strategically located in the established Taman Melawati residential
district in Klang Valley, Malaysia
• Serves a ready catchment population of around 800,000 people within
10 minutes’ drive
• Freehold site with an area of approximately 242,000 sq ft
• Net lettable area of approximately 635,000 sq ft1
• Target opening: 2016
• Development cost of approximately RM500.0 million (S$204.5 million)
1. Subject to the relevant regulatory approvals
Proposed Shopping Mall Development In Klang Valley, Malaysia *May 2012* 5
Strategic Location
• Sited along arterial
Middle Ring Road 2
(MRR2)
• Accessible via
DUKE Expressway
and Ampang-KL
Elevated Highway
(AKLEH)
• 20 minutes’ drive
from Kuala Lumpur
City Centre (KLCC)
Proposed Shopping Mall Development In Klang Valley, Malaysia *May 2012* 6
Joint Venture Structure: 50/50
To develop a shopping mall in Taman Melawati, the Klang Valley, Malaysia
Estimated development cost of approximately RM500.0 million (S$204.5 million)
Joint Venture
Company
50% 50%
“CMA” “SDP”
Proposed Shopping Mall Development In Klang Valley, Malaysia *May 2012* 7
Proposed Shopping Mall Development In Klang Valley, Malaysia *May 2012*
Site Information
Location Located in Taman Melawati, an established and affluent
residential district north-east of Kuala Lumpur city centre
and part of the Klang Valley. It is bounded by the
established residential areas of Taman Melati, Wangsa
Maju, Taman Permata and Kemensah Heights. It is also
near one of the most established international schools in
Kuala Lumpur, as well as tourist destinations such as Batu
Caves and the National Zoo.
Site area ~ 242,000 sq ft
Total NLA ~ 635,000 sq ft
Target to open 2016
Tenure Freehold
Total PDE ~ RM500.0 million (S$204.5 million)
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Rationale The Mines, Selangor, Malaysia
Rationale for the Development
Strategic Location in Taman Melawati 1
Synergistic Partnership 2
Strengthening CMA’s Foothold in Malaysia 3
Strengthening SDP’s Foothold in Commercial Development and Transforming Melawati
4
Proposed Shopping Mall Development In Klang Valley, Malaysia *May 2012* 10
Source: Google Maps
Proposed
shopping mall
TAMAN MELAWATI
MELAWATI TOWN CENTRE
Strategic Location in Taman Melawati 1
The development will be the first large “one-stop” shopping mall in the area
• Strategically situated
in the mature
residential precinct of
Taman Melawati
• Easily accessible and
well served by major
highways
• Catchment population
of about 800,000
people within 10
minutes’ drive
• 635,000 square feet of
net lettable area - no
other mall of similar
size in the vicinity
Proposed Shopping Mall Development In Klang Valley, Malaysia *May 2012* 11
CapitaMalls Asia is Asia’s leading mall developer, owner and manager
• CapitaMalls Asia is one of the largest listed shopping mall developers, owners
and managers in Asia by total property value of assets and by geographic
reach
• 99 shopping malls with a total property value1 of approximately S$29.5 billion
Notes
1. Aggregate property value of the properties in CMA’s portfolio (where the property value of each of the properties is taken in its entirety regardless of the extent of
CMA’s interest)
Queensbay Mall
Penang, Malaysia The Celebration Mall
Udaipur, India
Vivit Square
Tokyo, Japan
ION Orchard,
Singapore
Hongkou Plaza, Shanghai
China
2 Synergistic Partnership
12 Proposed Shopping Mall Development In Klang Valley, Malaysia *May 2012*
Synergistic Partnership 2
Sime Darby Property is Malaysia’s largest property developer in terms of landbank
Sime Darby
Property
Townships
Seri Pilmoor,
Ara Damansara
Ficus Peak,
Denai Alam
Delora,
Bandar Bukit Raja Isola,
Subang Jaya
• Land bank of 17,000 acres (another
18,700 acres for future development)
• Built 10 townships with communities of
about 80,000 families and 400,000
residents
• Developments include Themed
Township Development and Niche and
Integrated Development which
comprise residential and commercial
buildings.
• Strong presence in Malaysia (Klang
Valley & Negeri Sembilan) and
internationally (Singapore, Vietnam,
China, Australia & United Kingdom)
Proposed Shopping Mall Development In Klang Valley, Malaysia *May 2012* 13
Queensbay Mall1, Penang East Coast Mall2, Kuantan
1. CapitaMalls Asia owns 90.7% of the retail strata area of Queensbay Mall.
2. CapitaMalls Asia through CapitaMalls Malaysia Trust owns Gurney Plaza in Penang, The Mines in Selangor, East Coast Mall in Kuantan and 61.9%
of the retail strata area and 100% of the car park area of Sungei Wang Plaza in Kuala Lumpur.
3
MALAYSIA
CMA’s 6th mall in Malaysia, deepening its presence in Klang Valley
Strengthening CMA’s Foothold in
Malaysia
Sungei Wang Plaza2, Kuala Lumpur The Mines2, Selangor Gurney Plaza2, Penang
Proposed Shopping Mall Development In Klang Valley, Malaysia *May 2012* 14
• Enhancement of land value - the shopping mall is expected to serve as a catalyst to
enhance the value of the surrounding area
• Market demand - the synergistic benefits of the shopping mall to Melawati Township
are significant. It will provide opportunities for the proposed retail mall to tap into
substantial purchasing power represented by the middle income segments residing in
these developments and increase the vibrancy of the surrounding residential
developments, including housing estates of Taman Melawati and Desa Melawati.
• In line with the Malaysian Government’s objective to improve the community lifestyle
and transform the Melawati town centre into a commercial destination - 'East KL'. The shopping mall is part of the bigger Melawati Urban Renewal Development.
Strengthening SDP’s Foothold in Commercial Development and Transforming Melawati
4
Eleven Avenue, Bandar Bukit Raja
E-Boulevard, Denai Alam
Oasis, Ara Damansara
D’Vida, Bukit Jelutong
Proposed Shopping Mall Development In Klang Valley, Malaysia *May 2012* 15
Gurney Plaza, Penang Summary
Summary
Strategic Location in
Taman Melawati 1
Synergistic Partnership 2
Strengthening CMA’s
Foothold in Malaysia 3
• Site located in established residential district north-
east of Kuala Lumpur city centre
• Catchment population of around 800,000 people
within 10 minutes’ drive
• Win-win collaboration
• CMA – Asia’s leading mall developer, owner and
manager
• SDP – Malaysia’s largest property developer
• 6th mall for CMA in Malaysia
• Deepen presence in Klang Valley
Strengthening SDP’s Foothold in Commercial Development and Transforming Melawati
4
• Enhance land value
• Synergistic benefits and market demand
• Align with Government’s objectives
Proposed Shopping Mall Development In Klang Valley, Malaysia *May 2012* 17
Thank You For enquiries from analysts & investors
Please contact:
Brenda Ng
Investor Relations
Tel: (65) 6826 1188
Email: [email protected]
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