Shah Alam, 4th October 2016 – Ancubic Capital Sdn Bhd, the developer of Suria Jaya, Seksyen 16, Shah Alam, Selangor announced today that it has entered into lease agreements with Tri Shaas Sdn Bhd. which operates as Mydin Mart, one of MYDIN franchises as their anchor tenant. MYDIN, a home grown company is one of the largest and well established retail in Malaysia.Two Mydin Mart outlets owned by Tri Shaas Sdn Bhd. were opened in Shah Alam which are located at Seksyen 18 (August 2007) and Sri Muda (June 2010). This is the third franchise and tentatively open by end of 2016. Mydin Mart is the first few retail larger format that offers non-food items and later extended to include fresh & green goods such as meat, vegetables, fruits etc. The signing of the auspicious event was concluded by YBhg. Dato’ BA Low, the Managing Director of Ancubic Capital Sdn. Bhd., of the Suria Jaya Retail Center and the representative of Mydin Mart, Tuan Siraj Pyar Ali, the Managing Director of Tri Shaas Sdn Bhd. and witness by YBhg. Datuk Wira (Dr.) Haji Ameer Ali Mydin, the Managing Director of Mydin Mohamed Holdings Bhd. at Ancubic Capital Gallery located in ShahAlam, Selangor today.
Ancubic Capital is the developer of Suria Jaya,a free-hold mixed development comprising of small and flexible offices Podium known as e-Sofo and Commercial Podium known as Retail Centre on the Land. Ancubic Group of Companies’ business involvement includes Property Development, Investment Holdings and Construction Management. Suria Jaya e-SOFO is a 22 stories high rise building comprise of ground floor and first floor of retails known as Suria Jayaat Seksyen 16, ShahAlam, Selangor. There are a total of 479 office units and 152 retails units in a vibrant environment such as local government’s offices, Shah Alam Convention Centre, Shah Alam Government Hospital and many more.
Mydin Mart will lease from Ancubic Capital a total over 20,000 net square feet retail space in retail centre-based store located in Seksyen 16, Shah Alam, Selangor. The space is expected to be delivered to Mydin Mart by the end of the year.
“It is an honour to partner with a successful local Malaysian brand that will help to add value to Suria Jaya’s image as a vibrant venue that fits for different business and lifestyle. We strongly believe that the location suits the catchment and it will be going straight into the heart of the neighbourhood,” said Ancubic Capital Managing Director, YBhg. Dato’ BA Low.
Mydin Mart is expected to open in Suria Jaya e-SOFO by the end of 2016, sits under 479 SOFO units from the smallest units’ size of 430 square feet to over 800 square feet per unit. This particular hypermarket has a unique format comprising of four retail category components such as food retail, fashion, beauty services and general retail & services. The food retail section will occupy over 11,000 net square feet on the lower level, while fashion, beauty services,general retail and services section will occupy over approximately 9,000 net square feet on the upper level. By having Mydin Mart within the area, it will be convenient for the nearby blue collars workforce and parents of the nearby schools to meet their daily groceries needs. The opening of Mydin Mart at SURIAJAYAalso is expected to add 400 jobs to the local economy as well as create more businessopportunities within the area.
About Suria Jaya e-SOFO
Suria Jaya is developed by Ancubic Capital Sdn Bhd on a 87,120 sq.ft freehold land is easily noticed with just a mere 5 minutes’ drive from federal highway. It was designed with green (sustainable) features including energy efficient, symphonic rain-water system, anti cockroach floor trap, sky-light roof to maximise natural lighting and space planning. The building features retail floor of 60,000sq.ft. is ready for leasing which comprise of four retail categories such as food and beverage, fashion and retail, beauty and well-being as well as general merchandise. The food and beverage will be occupying approximately 11,000 sq.ft on the ground floor which has an accessat both outside and inside of the retail center. The escalator and lift are separate for the retail center and the office tower. Meanwhile, its’ offices comprise of 3 types range from 430.56 sq.ft. to 839.91 sq.ft. selling price start from RM267K. The offices units have many interesting features including security, high speed lift, fibre wall switch and all units comes in Korean Vinyl tile, built-in pantry and two toilets each. There will be ample of car parking bays allocation including the OKUs, and motorcycles for the retail centre. Where else separate parking bays are reserved for the small and flexible offices Podium within level 3 to level 6 of parking floors.