RM300m overhaul for ex-Yaohan mall


PETALING JAYA: With renovations set to begin in May, Sunway Real Estate Investment Trust (Sunway REIT) aims to return the former Yaohan mall, one of Kuala Lumpur's oldest shopping centres and in its prime, the city's largest, to its heyday.

Now christened Sunway Putra Place (SPP), the REIT managers intend to set aside RM300mil in capital expenditure (capex) for a total overhaul of its retail complex, which will reopen in the first quarter of 2015 as an “urban lifestyle mall”.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Business News

Oil falls on prospect of higher-for-longer US rates
Chin Hin taps Ajiya for two-year RM250mil loan
MI Technovation posts three-fold surge in net profit
Wellness a top priority
InNature diversifies into the F&B industry
Tolerance for a cheaper yuan may be temporary
Yinson’s RM16bil debt too big to ignore
Leap in operating income for UOB’s retail banking
Paramount emerges as major shareholder in EWI
China’s push for greener aluminium hit by erratic rains, power cuts

Others Also Read