IOI City Mall Will Become Malaysia's Biggest Retail Mall Upon Completion in 2022

Putrajaya, 6 December, 2021: IOI City Mall (ICM), located within the prestigious integrated development of IOI Resort City, Putrajaya will become the biggest retail, entertainment-cum-shopping mall in Malaysia, when its Phase II is fully operational for business and tenanted by the second quarter of 2022.

With the MCO lockdown being lifted in phases in recent months, most activities are returning to pre-pandemic levels. These activities augur well for IOI Properties Group Berhad (IOIPG), as it continues with the many mixed development projects within IOI Resort City.

IOIPG Chief Executive Officer Dato’ Voon Tin Yow said, “Construction on ICM Phase II began in 2018 and has been progressing well, despite the numerous lockdowns implemented due to the pandemic. This new phase of ICM will add an additional 1 million sq ft of net lettable area (NLA), bringing the total NLA to 2.5 million square feet.”

“We are pleased to inform that despite the unpredictable market environment in recent years, we have managed to secure around 70 per cent tenants for the new phase; and more and more tenants are signing up, as we speak. And those which have signed up in the 70 per cent group for Phase II include current and trendy brands like Best Denki, Food Empire, MajuHome, Nitori, Objet, Valiram Group and many others", Dato Voon added.

ICM will house 11 anchor tenants, with the new ones being AEON, GSC, Proton, IOI Sports Centre, IOI Grand Hall joining the current ones of Lotus’s, Harvey Norman, Homepro, Parkson, Icescape Icerink and District 21 Indoor Adventure Theme Park.

Since the opening of ICM Phase 1 in 2014, the mall has been enjoying a steady occupancy rate of around 98 to 99 per cent,” Dato’ Voon added.

“This is a very good testimony from our tenants, as they have full confidence on how we manage the mall in various ways, extending to shoppers a good mix of brands, both local and international. What’s more, our strong anchor tenants help draw a discernable mix of customers to the mall,” he said.

Complementing the existing mall’s interior and exterior designs, ICM Phase II’s central glass atrium brings in natural light through the six-storied building. Besides the retail outlets, Phase II also houses a 40,000 sq ft exhibition hall, a new cinema concept with an IMAX hall, a modern dining arcade, together with a new rooftop sports centre and gymnasium.

With its well-lit interiors, the mall entices shoppers to spend hours enjoying its ambience, as they partake in shopping, dining on Asian or Western choices, and revelling in the different entertainment 2 attractions, all within a day’s visit, and if not longer when they stay at any of the hotels within IOI Resort City.

IOI Resort City’s luxurious hotels offer 3 great choices comprising Putrajaya Marriott Hotel, Le Meridien Putrajaya and Palm Garden Hotel, Putrajaya, a Tribute Portfolio Hotel. The upcoming Moxy Hotel that is currently under construction will add to this impressive offering.

Located in the Southern Klang Valley corridor and connected with good access to major highways, the award-winning ICM enjoys a catchment customer population of a conservative figure of 3.1 million people, from the many townships mushrooming along the south corridor of the SKVE.

IOI Resort City enjoys extremely good access to many other highways. Six major highways, with 12 ingress/egress points serve this development directly. It is also a 20-minute drive to the Kuala Lumpur International Airport.

Dato’ Voon added, “ICM underlines the Group’s success in the retail market as the mall manages a mixed clientele of both local and international brands offering a diverse range of products and services, covering lifestyle, fashion, household and cuisines. With the completion of Phase II, IOIPG’s reputation has, indeed, been sealed as a leading brand in the industry”.

For further information on ICM, please visit www.ioicitymall.com.my

About IOI Malls 

Sprawling across a total of 6.6 million gross floor area; IOI Malls welcomes more than 44 million visitations annually, which rakes up over RM1.8 billion sales per annum. IOI Malls consist of the IOI City Mall, IOI Mall Puchong and IOI Mall Kulai.

Located within IOI Resort City itself, IOI City Mall is the largest mall in the Southern Klang Valley and home to an Olympic-sized ice-skating rink – “Icescape” as well as a 70,000 sq. ft. adventure park – “District 21”. With the upcoming Phase 2 combined, IOI City Mall will be the biggest regional mall in Malaysia with a total net lettable area of 2.5 million sq. ft. which is strategically connected by all major highways with a catchment of 3.1 million people.

Meanwhile, the IOI Mall Puchong located in the southern part of the multimedia super corridor is easily accessible from Shah Alam, Putrajaya, Sunway and Subang area via several major expressways. Having a million-dollar authentic classic carousel brought in directly from America at the ground level is surely not to be missed.

Alas in the Northern growth corridor of Johor Bahru, IOI Mall Kulai is a household name amongst the locals within the same township. Undergone a total cost of RM9 million extensive upgrading works in 2018, this three-level establishment is a one-stop destination that caters an array of F&B delicacies, fashion boutiques, mobiles and accessories, groceries and on-demand wellness and healthcare.

Feel free to visit us! 

➢ IOI City Mall- Web: www.ioicitymall.com.my / FB: IOICityMallPutrajaya / IG: ioicitymallmy 

➢ IOI Mall Puchong- Web: www.ioimp.com.my / FB: IOIMall / IG: ioimallpuchong ➢ IOI Mall Kulai- Web: www.ioimall.com.my / FB: ioimall.kulai / IG: ioimall_kulai

About IOI Properties Group Berhad 

Spanning close to four decades in the property development industry, IOI Properties Group Berhad (“IOIPG”) is one of the leading public-listed property developers in Malaysia. Over the years, it has successfully developed sustainable townships and commercial enclaves in sought-after regions of Klang Valley such as IOI Resort City, Bandar Puteri Puchong, 16 Sierra, Bandar Puteri Bangi and Warisan Puteri Sepang; and established a strong presence in Penang (northern region) as well as Johor in the southern region of Malaysia. On the international scene, IOIPG has achieved notable success in Singapore and the People’s Republic of China. The Group has a total development landbank of approximately 9,000 acres.

Apart from being an award-winning top property developer, IOIPG is also known for being one of the few integrated property developers that build and manage its investment properties such as hotels, golf courses, shopping malls and office buildings.

Under its investment property portfolio, it manages a total of approximately 7.2 million sq. ft. of net lettable area, comprising retail, purpose-built office and others. These properties are mostly located in high-growth areas, which are well-connected, accessible and are centred within high population concentrations. The Group owns five hotels with 4- to 5-star rating offering a total of more than 1,800 keys namely Le Meridien Putrajaya, Putrajaya Marriott Hotel, Palm Garden Hotel, Four Points by Sheraton Puchong, and JW Marriott Hotel Singapore South Beach. The Group’s golf courses include Palm Garden Golf Club in IOI Resort City and Palm Villa Golf and Country Resort in Johor. For more information, please visit: www.ioiproperties.com.my 

This content is provided by IOI City Mall.

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