IOI City Mall to be Completed by 2014 featuring a one-of its-kind entertainment park

IOI City Mall to be Completed by 2014 featuring a one-of its-kind entertainment park

IOI Properties Bhd senior general manager, Lee Yoke Har is all smiles as IOI Properties Bhd’s new shopping mall, IOI City Mall has sealed an agreement with one anchor tenant and one key tenant by next month.

Construction of the mall is on track to be completed by 2014, and will feature a one-of its-kind entertainment park that has yet to be seen in any mall in the Klang Valley.

“By 2014, the mall, along with two office towers will be completed. By 2015, a hotel will be added next to the mall. The mall and the office blocks will be fully leased out. We will only sell the office blocks if we get an en-bloc buyer,” said IOI Properties Bhd senior general manager, Lee Yoke Har.

She added that the total gross development value for the commercial project was some RM2bil, with the mall taking up RM1bil. The mall, the office blocks and the hotel would occupy 36 acres and funding of it will come from internal funds.

Source- TheStar >>