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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 this year 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 311,741 sq ft
Car Park 467
Valuation RM94.0 million
Tenants* 82
Key Tenants The Store, Perfect Mobile Village, MBO Cinemas, Popular Bookstore, Dave’s Deli
Occupancy 98.0%
Visitor Traffic 3.9 million per annum
Year Opened 1997
Year Acquired by REIT 2012

Data as of 31 December 2015. * 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 41.7% 29.1%
2 Perfect Mobile Village Electronics & IT 13,229 4.2% 6.6%
3 MBO Cinemas Leisure & Entertainment/Sport & Fitness 34,412 11.0% 5.4%
4 Anjung Irama Services Leisure & Entertainment/Sport & Fitness 13,452 4.3% 3.8%
5 KFC Food & Beverage 3,619 1.2% 3.4%
6 Panbowling Leisure & Entertainment/Sport & Fitness 25,000 8.0% 2.7%
7 Studio Fashion & Footwear 6,563 2.1% 2.6%
8 Popular Gifts/Books/Toys/Specialty 6,450 2.1% 2.6%
9 OFO Fashion & Footwear 7,693 2.5% 2.4%
10 Reject Shop Fashion & Footwear 11,968 3.8% 2.0%
  Top 10 Tenants (By Monthly Rental Income) 252,386 80.9% 60.6%
  Other Tenants 59,355 19.1% 39.4%
  Total 311,741 100.0% 100.0%

* Based on monthly rental income for December 2015.

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Central Square's Tenancy Mix

* Based on monthly rental income for December 2015

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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 2016 18 180,500 58% 51%
FY 2017 30 78,431 25% 29%
FY 2018 20 21,445 7% 17%
FY 2019 1 25,000 8% 3%

* Based on monthly rental income for December 2015. Figures may not round to 100% due to miscellaneous items.

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