Gurney Plaza's new wing almost fully occupied

Gurney Plaza shopping mall in Penang has leased out almost 100 per cent of its retail space at the new wing, ahead of its opening in November.

Among the new retailers will be international brands like Cortina Watch, Mont Blanc, Mango, CK Jeans, Naf Naf, Top Shop and Fossil.

"At least three new eateries namely Manhattan Fish Market, Sakae Sushi and Xuan Xin are set to join our list of tenants when we open our doors," Gurney Plaza Sdn Bhd director Phuah Choon Meng told Business Times.

The RM70-million extension to the existing sea-fronting Gurney Plaza in Pulau Tikus comprises 150,000 sq ft of leasable space.

Phuah said the eight-storey building, which is connected to the existing mall, features 50 shoplots and 758 parking bays.

Retail giant Parkson Grand, which is currently the anchor tenant at the existing mall, is set to expand its presence and also be an anchor tenant in the new wing.

"The department store will soon close for refurbishment and renovation to become a premium store like that at KLCC," said Phuah.

Catering to an upmarket customer base, the existing wing of Gurney Plaza is one of the properties of Singapore-based CapitaLand, one of Southeast Asia's biggest property companies.

The new wing of the mall is wholly-owned by Gurney Plaza Sdn Bhd, which is a subsidiary of Etika Cekap Sdn Bhd.

Phuah said CapitaLand has been hired as consultants to manage the new wing of the mall, which measures 129m by 40m.

By Marina Emmanuel (Business Times)

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