an integrated mall in the heart of Kuala Terengganu City Centre

MAYANG MALL

A presentation by Savills Malaysia Sdn Bhd

PROJECTB R I E F

Retail Components

Developer : Perlaburan Hartanah Berhad (PHB)

Description : Mixed development (Shopping Mall & Serviced Apartment)

Location : Kampung Tanjung, Kuala Terengganu. next to Astaka (Emporium Hock Kee Seng)

GFA : 1.65 mil sq.ft

NLA : 727,000 sq. ft

Retail Floor : 6 Levels (LG,G, L1, L2, L3, L4)

No. of Tenant : 320

No. of Parking : Approx. 1,500 bays

Target Market : Mid

Target Completion : Q2 2021

Anchor Tenants : Sogo Departmental Store, Cinema, Supermarket, Fitness Centre

OVERALL D E V E L O P M E N T

SERVICED APARMENT

PODIUM PARKING

BALLROOMCINEMA

MALL

PLAZA

SITEL O C A T I O N

• The site covers an area of 10.87 acres, located in Kampung Tanjung, next toAstaka (Emporium Hock Kee Seng), Kuala Terengganu.

• Accessible via major roads – Jalan Sultan Zainal Abidin, Jalan Kampung Kolam,Jalan Petani, etc.

• Public Transport – MBKT Taxi station (5 min walk), MBKT Bus Station (5 mindrive).

LOCATIONP L A N

EXISTINGD E V E L O P E M E N T

6

Giant Kuala Terengganu

Operator: GCH Retail (Malaysia) Sdn Bhd

Estimated Floor Area: 150,000 sq ft

Opening Year: 2007

Mydin Hypermarket Kuala Terengganu

Operator: Mydin Modamed Holdings Bhd

Estimated Floor Area: 110,000 sq ft

Opening Year: 2007

Mydin Mall Gong Badak

Operator: Mydin Modamed Holdings Bhd

Estimated Floor Area: 245,257 sq ft

Opening Year: 2014

Giant Gong Badak

Operator: GCH Retail (Malaysia) Sdn Bhd

Estimated Floor Area: 90,000 sq ft

Opening Year: 2013 Subject Site

EXISTING & FUTURED E V E L O P E M E N T

TERENGGANU POPULATION

Dungun

176,800

Kemaman

197,800

Marang

111,200

Kuala Terengganu & Kuala Nerus

390,000

Hulu Terengganu

83,000

Besut

160,700Setiu

63,900

15-min DTZ

159,311Districts Population

Besut 160,700

Setiu 63,900

Mayang 11,200

Kuala Terengganu & Kuala Nerus

390,000

Hulu Terengganu

83,000

Dungun 176,800

Kemaman 197,800

Total 1,083,400

POPULATION WITHIN CATCHMENT AREA

Kampong TokAdis

Kampong Padang

Kampong Bukit Datu

Kampong KubangParit

KampungSeberang Takir

Kampung TelukKetapang

5-min

10-min

15-min

Subject Site

It is estimated that 160,792 persons residing within the immediate catchment area.

HOUSEHOLD INCOME HEAT MAPA N A L Y S I S

Green Acres Golf & Country Resort

Taman KP Perdana

5-min

10-min

15-min

Subject Site

The average household income by drivetime zone is as follows:-

0-5 minutes drive time zone:RM4,928 per month

6-10 minutes drive time zone:RM4,488 per month

11-15 minutes drive time zone:RM4,609 per month

Source: Savills Research

SOCIO-DEMOGRAPPHIC PROFILEA N A L Y S I S

The youth population is defined as those people aged less than 15, theworking age population range from 15-64, and the elderly population isthose aged 65 and above.

Working age population stands 66% of the total population in theimmediate catchment area.

51% of the population are male and 49% are female.

28%

23%

14%

11%

11%

7%

6%

0% 5% 10% 15% 20% 25% 30%

below 15

15-24

25-34

35-44

45-54

55-64

above 65

Population Distribution by Age Group

Terengganu is a state with strong Malay community. 94% of thetotal population are Malays, 2.8% are Chinese and 3.5% areIndian & other ethnicities. Comparatively, 91% of the residentswithin the catchment are Malays, 6.6% are Chinese and the restare Indians and other ethnicities.

From a retail perspective, it shows the importance of HALALcertification especially for F&B sector. Fashion wise, this is astrong market for Muslimah clothing and Modest Fashion.

The Islamic culture is strong in the area, and there are many rulesimplied by the state government on retail businesses. Forexample, traders are required to close for 2 hours during Fridayprayer time.

Malay , 91.10%

Other Bumiputera

, 0.20%

Chinese , 6.60%

Indians, 0.40%

Others, 0.10%

Non-Malaysian Citizens, …

Population Distribution by Ethnicity

Source: Population & Housing Census 2010, Department of Statistics

HOUSEHOLD DISTRIBUTION BY INCOME GROUPA N A L Y S I S

TOURIST ARRIVALS IN TERENGGANU

3.93

0.98

2.87

3.533.30

2.82

3.173.38

4.04

4.524.73

4.88 4.91

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017p

0.00

1.00

2.00

3.00

4.00

5.00

6.00

Mill

ions

Tourist Arrivals in Terengganu

Domestic Tourists Foreign Tourists Total Tourists

8%

13%

7%

-1%

-3%

10%

27%

20%

2%

5%

-10%

-5%

0%

5%

10%

15%

20%

25%

30%

-

100

200

300

400

500

600

700

800

900

1,000

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

Tho

usa

nd

s

Sultan Mahmud Airport Passenger Movement

Number of Passengers Growth Rate

Note: The total tourist arrivals is a compilation of hotel guests, ferry passengers as well as ticketcounts to the major tourist attractions such as the museum and Islamic Heritage Park.

Source: Unit Perancangan Ekonomi Negeri Terengganu

There are total of 4.91 million tourist arrivals in Terengganu in 2017 where 3.93 million are local and 0.98 million are foreigners.

The growth rate for the number of passengers in Sultan Mahmid Airport shows 3% increase since previous year and is expecting to keep growing.

DEMOGRAPHIC & HOUSEHOLD INCOMEP A T T E R N

Existing housing units: 33,8960-5: 2,070

6-10: 9,05311-15: 22,773

Incoming supply: 315 units0-5: 2686-10: 24

11-15: 23

Current resident population: 159,3110-5: 9,729

6-10: 42,54911-15: 107,033

Estimated Future population: 1,4810-5: 2,097

6-10: 9,10111-15: 16,553

Age GroupBelow 15 years old: 28%

15-64 years old: 66%65 years old & above: 6%

Ethnicity91% Malay 6.6%Chinese

0.7% Indian & other ethnicities 1.5% Non-Malaysian

RM 4,596 per month0-5: RM4,928

6-10: RM4,48811-15: RM4,609

Total housing supply in the catchment to reach 34,211

units by 2020

Immediate resident population (15-min drive

time) is estimated to reach 160,792 persons by 2020.

Strong Muslims crowd.

Low to middle income catchment.

66% are working age population.

CURRENTDEVELOPMENTD R A W B R I D G E

• The iconic drawbridge (632m), which already completed by August 2019 serve asa bridge link to connect north and south of the Terengganu River, to create astrategic connection between the Kuala Terengganu city all the way to SultanMahmud Airport.

• East Coast Economic Region(ECER) initiative - to boost theurban and coastal tourism turningTerengganu into a vibrantHeritage Waterfront City.

Kuala Terengganu Draw Bridge

Kuala Terengganu Draw Bridge

Source: Bernama, August 2019

Kuala Terengganu Draw Bridge

Mayang Mall

MBKT

SITEP L A N

Source: FlyingAyam, posted on 13 April 2019 in https://www.youtube.com/watch?v=mq6DPuGJT2g

Site Construction as of 12th April 2019

https://www.youtube.com/watch?v=mq6DPuGJT2g

Site Construction as of September 2019

PARKINGC A L C U L A T I O N

Components Parking Parking Provided

Shopping MallCarpark 1,500

Motorcycle Parking 804

Serviced AparmentCarpark 508

Motorcycle Parking 100

BallroomDisable Carpark 66

Motorcycle Parking 35

Total Carpark 2,074

Total Motorcycle Parking 939

VEHICLEC I R C U L A T I O N

Ingress Egress

MAYANG MALLN O R T H E A S T V I E W

MAYANG MALLS O U T H W E S T V I E W

MALL PERSPECTIVE

MALL PERSPECTIVE

MALL PERSPECTIVE

Lower GroundLOWER GROUND

F L O O R P L A N

LG13775

LG13A736

LG15744

LG161,660

LG181,734

LG171,221

LG192,441

LG201,706

LG211,674

Upper GroundLower GroundGROUND

F L O O R P L A N

G018,347 G07

760

G087,902

G092,555

G-3314,277

G-301,416

G-3814,167

G-401,826

G-311,084

G-321,219

G-33A356

G063,116

G051,382

G-351,118

G-361,115

G-371,220

G-391,011

G03A1,459

Level 1Lower GroundLEVEL ONEF L O O R P L A N

L1-0114,292 sq ft

L1-03A3,337

L1-052,408

L1-06800

L1-071,400

L1-082,017

L1-093,598

L1-117,428

L1-3514,269

L1-362,312

L1-416,446

L1-4

2, 2

52

L1-4

3, 2

52

L1-4

3A, 2

72

L1-486,886

L1-4

5, 2

33

L1-4

6, 2

34

L1-47446

L1-10610

L1-03701

L1-02934

L1-49721

L1-401,079

L1-39624

L1-38465

L1-37481

Level 2Lower GroundLEVEL TWOF L O O R P L A N

L2-0114,860

L2-03A2,291

L2-052,403

L2-06835

L2-071,412

L2-082,052

L2-093,665

L2-116,559

L2-33A13,981

L2-352,308

L2-36482

L2-37684

L2-381,349

L2-391,862L2-40

1,504 L2-4

1, 3

99L2-421,853

L2-431,027

L2-4

3A, 4

03

L2-4

5, 4

03

L2-4

7,52

8

L2-4

8, 4

87

L2-491,384

L2-501,583

L2-46931

L2-10610

Level 3Lower GroundLEVEL THREE

F L O O R P L A N

L3-0116,275

L3-033,162

L3-03A2,508

L3-052,420

L3-062,053

L3-073,847

L3-105,935

L3-08613

L3-091,309

L3-3221,145

L3-331,184

L3-33A1,341

L3-351,058

L3-36824

L3-371,503

L3-391,022

L3-382,227L3

-40,

399

L3-4

1, 3

99

L3-42928

L3-4

3, 5

27

L3-4

3A, 4

87

L3-4

5, 4

03

L3-462,904

Level 4Lower GroundLEVEL FOURF L O O R P L A N

L4-0116,349

L4-032,558

L4-03A2,869

L4-052,871

L4-063,414

L4-07613

L4-08

1,311

L4-095,937

L4-261,008

L4-272,145

L4-28869

L4-292,009

L4-301,040

L4-3

1, 4

03

L4-3

2, 4

03

L4-331,905

L4-33A1,026

L4-3

5, 4

03

L4-3

6, 4

03

L4-37932

L4-3

8, 5

27

L4-3

9, 4

87

L4-403,307

Francis KamFrancis.kam@savills.com.my

Nick Yewnick.yew@savills.com.my

KL HQ: +603 2092 5955