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SUNWAY PYRAMID TO UNVEIL ITS RECONFIGURED RETAIL SPACE 'OASIS' BY Q4 2024

10/07/2024 06:37 PM

KUALA LUMPUR, July 10 (Bernama) -- Malaysia’s retail destination Sunway Pyramid is set to unveil Oasis, its reconfigured retail space by the fourth quarter (Q4) this year. 

Sunway Pyramid in a statement today said the retail space, spanning over 250,000 square feet (sq ft) across four levels from the Orange Atrium to the Blue Atrium, is a pivotal component of its enhancement initiative to attract a diverse array of high-yielding tenants and increase footfall.

It said the reconfiguration would accommodate approximately 100 tenants, including esteemed brands such as H&M Home, Art Toys Cafe by MILOLO and MUJI Flagship Store and Café, thus, expanding the mall’s tenant portfolio to 1,000 in total.

“In a strategic move announced last year, Sunway Pyramid appointed Jaya Grocer as the anchor tenant for the redeveloped space, aiming to elevate asset yield through increased rent per square foot. 

“Presently, the prominent supermarket chain is located at level B2, and will soon relocate to a larger, permanent space with a brand-new concept at LG2,” the statement said.

Sunway Pyramid senior general manager Jason Chin in the same statement said with the upcoming unveiling of Oasis, they are making a critical advancement in our ongoing mission to elevate Sunway Pyramid’s retail experience.

He said the strategic enhancement not only broadens Sunway Pyramid’s tenant mix with leading brands, but also positions them to attract higher footfall and drive sustained growth.

“By reconfiguring this substantial space, we are ensuring that Sunway Pyramid remains at the forefront of Malaysia’s retail landscape, delivering unparalleled value to both our tenants and visitors,” he added.

Meanwhile, the statement said in addition to Oasis, Sunway Pyramid also has several other developments to enhance customer experience including Malaysia’s first internet-of-toilet (IoT) system since 2022, aimed at enhancing toilet facilities into a smart system for both customers and supervisors.

Other enhancement initiatives include the mall’s all-in-one interactive self-service kiosk with easy-to-use interface, enhanced Sunway Malls App, all-new escalators located in between the Blue to Orange Atriums as well as Electric Vehicle and Hybrid charging stations.

Another enhancement initiative is the Terrace which is the mall’s annexe that is adjacent to the iconic Lionhead and faces the New Pantai Expressway (NPE) and slated for completion by second quarter of 2025.

For more information about all of Sunway Pyramid’s latest enhancement initiative, visit www.sunwaypyramid.com or stay tuned to Sunway Pyramid’s social media pages for more updates.

-- BERNAMA

 

 


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