Pavilion targets RM1.7bil sales from Pavilion Bukit Jalil City mall - Business News
KUALA LUMPUR: The Pavilion group is targeting sales turnover of RM1.7bil within the first year of operations for its Pavilion Bukit Jalil City mall when it begins operations in 2020. Pavilion KL retail chief executive officer Datuk Joyce Yap said the mall had already received more than 1,000 registrations from prospective tenants. “With a net lettable area of approximately 1. 8 million sq ft , it is set to be a regional mall in terms of brands mix, flagship stores and concept,” she told reporters at the launch of the second tower of The Park 2 serviced apartments at Bukit Jalil City earlier today . Yap is confident the mall will have an occupancy rate of over 70% when it opens its doors in three years. Bukit Jalil City , which has an estimated gross development value (GDV)of RM4bil, is a collaboration between Malton and Pavilion KL. Launched in 2015, the 50-acre project will comprise three phases. The first phase comprises 112 signature shop offices and have been fully sold ...