~ RM500 million investment for expansion and refurbishment by 2022~
A decade after opening its doors, Sunway Carnival Mall will embark on the next phase of its expansion by doubling its gross floor area (GFA) from the current 780,000 square feet to 1.45 million square feet of retail haven.
The expansion phase will add an additional 330,000 square feet of new nett lettable area (NLA) to the existing 500,000 square feet, bringing the final tally to approximately 830,000 square feet in NLA once the expansion phase is completed in the fourth quarter of 2020.
Once the expansion is completed, the first phase of the mall will be undergoing a refurbishment, which is expected to be completed by 2022. The total investment for both the expansion and refurbishment will amount to RM500 million.
With the expansion, the number of shops is also set to increase from the current 220 to 450 overall across both the new wing and existing wing, with 50% of the retailers offering fashion, 18% offering F&B and 32% in other trade categories. Car park capacity is set to grow from the current more than 1,100 bays to more than 3,000 bays with the incorporation of brand new upper floors and basement parking.
The expansion meets the growing demand of retail space from international retailers as the current mall is close to full occupancy. With the expansion, the mall will be able to offer a range of international retailers, effectively transforming the retail scene of mainland Penang.
Located on mainland Penang, Sunway Carnival Mall is part of Sunway Malls’ five retail assets and currently remains as the group’s only mall outside of Klang Valley. Sunway Carnival Mall which was opened in 2007 is one of mainland Penang’s largest and most popular malls, welcoming eight million visitations annually.
Sunway Group founder and chairman Tan Sri Dato’ Seri Dr. Sri Jeffrey Cheah AO said, “Sunway has been part of the Penang community for the last 25 years. Over the years, we are proud to have been given the opportunity to contribute through what we do best – Build-Own-Operate sustainable communities to support Penang’s socio-economic growth. Over the next 10 years, we will be deepening the relationship with Penang’s communities through the investment of RM 1 billion in the expansion of Sunway Carnival Mall and Sunway Medical Centre in Seberang Jaya. The expansion of Sunway Carnival Mall marks the beginning of our long-term vision for the way Penangites live, learn, work and play in a safe, healthy and connected environment.”
Chief Minister of Penang, YAB Tuan Lim Guan Eng today officiated the ground-breaking ceremony.
Ms Sarena Cheah, Managing Director of Property Development Division, Malaysia and Singapore, Sunway Berhad; Dato’ Tan Kia Loke, Senior Managing Director, Chairman’s Office, Sunway Berhad; Dato’ Jeffrey Ng, CEO of Sunway REIT Management Sdn. Bhd; YB Tuan Chow Kon Yeow, Penang State EXCO for Local Government, Traffic Management and Flood Mitigation; and YBhg. Dato’ Sr Hj Rozali bin Hj Mohamud, Municipal President of Seberang Perai Municipal Council (MPSP) were also present at the ceremony.
The expansion will also see a total revamp of the architecture for the existing wing and new wing of the mall. The mall will feature a bold neo-futuristic facade that will transform the skyline of mainland Penang with a distinctive iconic feature – tilting and reclining ‘Cubes’ that signify dynamism and progressiveness of a modern city. Within, a new atrium is reconfigured out of the old atrium with a new barrel-vault roof that will host a stunning display of lights and sound.
Modern and family-friendly facilities and amenities with the likes of children’s play area, baby rooms equipped with a private nursing room, child-friendly basins, diaper changing shelves at all restrooms and other conveniences will be incorporated into the development.
The expansion of Sunway Carnival Mall includes infrastructure and connectivity improvements surrounding the development with seamless connectivity from the Butterworth-Kulim expressway into the mall. This will reach out to a larger market catchment and augment the vibrancy of the retail landscape in Penang.
To ensure uniformity, refurbishment will also be carried out on the existing wing once the expansion is completed. This involves the upgrading and re-configuration of interior design and finishing.
Furthermore, Sunway Group plans to expand its healthcare and education divisions in Penang. The pipeline includes the development of a medical centre in Seberang Jaya and a tertiary education establishment in the state.
To ease the number of cars and visitors during the expansion, the mall will provide free shuttle bus services to shoppers. The free shuttle operates on weekends and public holidays, from 10.00am until 10.30pm only; covering areas like the Siamese temple, Sunway Hotel Seberang Jaya, Bus Station at Jalan Todak 4, Blanket Hotel when customers park their vehicles at the public parking. Alternatively, shoppers could opt for promotional rides up to RM5 per ride with UBER and GrabCar when they use our promo codes to or from Sunway Carnival Mall.