SUnway Putrajaya?

u mean sunway pyramid, is it?

LOL
My mistake. I wanted to type Sunway Putra but got auto corrected.

nasi ayam ground floor ada lagi?

all right..The kids playground that you are referring is "Parenthood", right? How's the crowd at Parenthood? Btw, they will open a new outlet at Sunway Pyramid..

For me, i still think putra lacks of these outlets to make a complete package:
1) fitness outlet,
2) entertainment outlet (e.g bowling, karaoke, etc..)
3) non-halal food outlets,
4) fast food outlets,
5) toy store,
6) no department store (like aeon/parkson),

Also, the mall have confusing & faulty escalators & also the lifts are slow (waiting time about 10 min), hence it's not my favourite mall for now..

yes.. since MD is performing well as what they claimed..

yup

billion ringgit industry there

I am quite agree with your proposal of the above list. But since it was Sunway operated mall, surely the space rental in the mall is high.
Food selections are also acceptable plus my wife and I wasn't that fussy when it comes to food.
Tried the Superheroes Café there and it was okay.

The crowd in the Parenthood area is still acceptable coz most of the visitor will come to MyKingdom (the children playground). Apart from that, the children shops are selling things that we may get outside for a lesser price. I have never bought anything there except for some balloons to get my daughters to stop crying.

Sunway Putra Mall lifts Sunway REIT’s earnings


Maintain neutral with a lower target price of RM1.61 (from RM1.64): Sunway Real Estate Investment Trust’s (Sunway REIT) second quarter of financial year ended Dec 31, 2015 (2QFY16) core net profit came in within our and market expectations.

Revenue growth came mainly from improved contributions from Sunway Putra Mall (+291% quarter-on-quarter [q-o-q]), which was more than enough to offset the drop in rentals from Sunway Tower (-58% q-o-q), as the office tower’s occupancy rate fell to 21% from 67% in FY15.

The performance of most other property assets was decent with a less than 4% q-o-q growth, while its hotel segment saw a seasonal boost due to the year-end holiday period. A distribution per unit of 2.57 sen was declared.

Sunway Putra Mall’s occupancy rate rose slightly to 84.9% (from 83.9% in end-September 2015), and its net property income finally turned to the black during the quarter. In order to stay competitive, Pyramid Tower East will undergo a 12-month refurbishment exercise that will cost RM100 million to RM120 million — with a gradual closure in 3QFY16 and full closure by 4QFY16.

Aggressive marketing efforts have also been undertaken to accelerate the turnaround of Sunway Putra Hotel.

Meanwhile, the management expects a lower rental reversion for new renewals, given the influx of new retail malls and challenging economic conditions.

Overall, its near-term portfolio lease expiry profile is stable, as the next major renewal (51.5% of net lettable area) will take place only after FY18.

We cut our FY16 to FY18 forecast earnings by about 2% per year in view of the temporary closure of Pyramid Tower East.

Despite the current headwinds in both the office and hospitality segments, we think that the REIT’s retail assets should help mitigate lower contributions from both segments.

Furthermore, with 6.4% to 6.7% FY16 to FY17 forecast dividend yields, we think that defensive investors should maintain their exposure to the REIT.

source: http://www.theedgeproperty.com.my/content/...it’s-earnings

just curious to know, how's the crowd now?

I went in Dec. Empty.

I used to go when it was still called Yaohan. Liked the amusement park inside.

salem power station?

taken recently around 7pm..




Attached thumbnail(s)

kesian so empty

more pics for sharing..






Attached thumbnail(s)

sad, mall interior looks upper class

tenants at here are seems to be too "upscale" for that area so that could be the reason why this mall is suffering from lack of crowd.. cant even see any fast food outlets like KFC, McD, pizza hut..

taken on yesterday..


Attached thumbnail(s)

yup, this design culprit make one feel cramped inside this used to be roomy mall

basically tenants line up are determined by mall operator

sunway don want run cheap style mall, wanna high class

u can still see the IT & phone section still empty, only 1 -3 tenants there even they put up leasing ad at nearing area, even at UTC sentul . sooner or later the phone shops will closed too, where got biz to support the rental?