Sunway Pyramid, Bandar Sunway

Sunway Pyramid is located in Bandar Sunway, Selangor. The shopping complex is the crown jewel of Sunway Resort City, which is part of an integrated city development by Sunway Property’s parent company, Sunway Group.

Sunway Pyramid is a premier, award-winning shopping complex built over 820,070 sf of land. The net area that is available to be let is in excess of 1,700,000 sf. The mall first opened its doors to customers in 1997, and was built over two phases, with phase two having completed in 2007. There are approximately 735 tenancies available for rent in the mall and more than 3900 parking bays overall. Their anchor tenants are AEON Jusco, Parkson and Cold Storage, which contribute to roughly 6% of their total rent receivable.

The specialty entertainment facilities of Sunway Pyramid include a 12-screen cineplex by TGV, a 2,230 sf ice-skating rink, a fully computerized 48-lane bowling alley, an archery range, a snooker hall, to name a few. Apart from the general Egyptian theme that the mall was built around, there are also four themed streets namely Oasis Boulevard, Fashion Central, Marrakesh and Asian Avenue. The tenants of Sunway Pyramid retail all sorts of consumer goods, thus the motto of “one-stop destination”.

A wide variety of fashion, dining and specialty offering could be found here, especially international brands and household brands such as Zara, Padini, Marks & Spencer, Bubba Gump, Coach and Topman, to name a few. The prime location of Sunway Pyramid provides easy access to Kuala Lumpur and Klang Valley as well as it is extremely well connected to five highways, which are namely the Shah Alam Expressway (KESAS), New Klang Valley Expressway (NKVE), Federal Highway, New Pantai Expressway (NPE) and Lebuhraya Damansara-Puchong (LDP). Other commercial areas around Sunway include Leisure Commerce Square, and Menara Sunway .

Property Details

• Name: Sunway Pyramid
• Address: Jalan PJS11/15, Bandar Sunway, 46150 Petaling Jaya, Selangor
• Developer: Sunway Property
• Tenure: {Tenure}
• Completion Date: 2007
• Type: Retail outlets
• No. of Blocks: 1
• No. of Storey: 4
• No. of Units: 735
• Built-up: 2,403,475 sf
• Rental: {Rental Range}

Facilities

• Automated Teller Machines (ATM)
• Public telephones
• Lost & found
• Locker
• Buggy service
• Security escort
• Valet parking
• Baby room
• Prayer room
• Wheelchair-friendly toilets
• More than 3900 parking bays

Analysis

Sunway Pyramid has won numerous awards since being built in 1997, FIABCI Prix d’Excellence Award in the retail category was awarded to the mall in 2011. It has also won FIABCI Malaysia Property Award for the best retail development in year 2010 and 2000. The Malaysian Retail-Chains Association has also named Sunway Pyramid as the most supportive mall twice since 2008. The mall also won various awards for being child-friendly, having national quality toilets and best thematic decoration best mall in Asia.

Having won the Most Supportive Mall award twice from the Malaysian Retail-Chains of Association (MRCA), Sunway Pyramid then offers excellent support for the retailers in terms of creating an environment for retail sales to thrive, while encouraging national and global growth of the brands. The mall is then well known for fulfilling the demands of retailers and consumers alike. Sunway Pyramid is indeed a prime location to set up retail outlets as the mall estimates that 3 million visitors step into the mall per month. The rates for rent space would vary as certain lots see more traffic than others, but on average the ongoing rate is roughly RM9 to RM11 psf.