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Berjaya Times Square Sdn Bhd targets to achieve an 80 per cent tenancy rate at its commercial centre in Kuala Lumpur by its scheduled opening in October, says Berjaya Group chairman Tan Sri Vincent Tan.
As of now, it has secured about 60 per cent tenancy rate, while the original target by the opening date was 70 per cent. Tan said that the 80 per cent target was achievable. "Of course, we may be surprised. We may have 90 per cent (occupancy rate)," he said.
He was speaking to reporters on June 30 after attending the handing over ceremony of the completed Berjaya Times Square Kuala Lumpur by Invescor-Dumez Jaya-Woh Hup JV.
Built at a cost of RM1.8 billion, Berjaya Times Square boasts the largest shopping mall in Malaysia with 3.45 million square feet of retail space. It also has the country's first IMAX 3D theatre, an indoor theme park, a hotel and a 56-lane bowling centre.
Tan said the company might bring in local and international stars to perform at the square to make it more exciting. Tan said the indoor theme park that was due to be completed in early August would be a major attraction.
"The theme park will bring in a lot of people because it's air-conditioned. It's an all weather theme park. You can come rain or shine. You can enjoy in air-conditioned comfort," he said.
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