Pavilion elevates Bukit Jalil City to a new level
This year saw several major developments that have escalated the RM4bil Bukit Jalil City to a whole new level, creating much excitement for its iconic Pavilion Bukit Jalil shopping mall and elevating the status of its brand.
The most recent was the Dec 13 delivery of vacant possession for 1,098 condominium units of The Park Sky Residence, which is phase one of the residential component that was completed ahead of schedule.
This will increase the population of Bukit Jalil as families start to move in, in time to usher in the start of 2020. The area has always been associated with youth, vigour and dynamism since the 1998 Commonwealth Games. Chinese homeowners will be able to commemorate the Chinese New Year and usher in the new zodiac animal – the rat which is believed to bring in a better year for the property market.
Bukit Jalil City, an iconic development with an estimated gross development value of RM4bil, is spread over 50 acres of freehold land. At the heart of this development is Pavilion Bukit Jalil shopping mall, which is located next to The Park Sky Residence. The mall is already in advance stages of construction and is set to open in May 2021.
Residents will enjoy excellent connectivity via a network of highways including KESAS, MEX and the newly expanded Bukit Jalil Highway. Malton Bhd (Malton) has also completed the 100ft dual carriage road leading directly in and out of Bukit Jalil City while the construction of an underpass and four pedestrian bridges to enhance the connectivity of this growing township are ongoing.
Largest Sky Gym
The Park Sky Residence which fronts the 80-acre Bukit Jalil Park boasts a luxurious tropical oasis, a landscaped jewel in Bukit Jalil showcasing natural landscape forms, shaping the dynamic quality of residents lifestyles.
Exquisitely landscaped gardens complement the outdoors, providing a sensory escape and shaded relief, like the organically shaped pools, breezy pavilions, spa pools, meditative gardens, irresistible water play and trees, mirage ponds and organic stepping stones.
Residents will experience a different character of gardens from a health and well-being environment of zen gardens, and spa pools to an active landscape where families can gather, play, exercise or even take a quick nap.
The Park Sky Residence has one of the largest and fully equipped resident gyms in Kuala Lumpur, measuring 9,000 sq ft of space, which is furnished with the latest Technogym Omnia range of equipment. Residents will get to enjoy a comprehensive and diverse choice of gym facilities with a breathtaking view of the lush 80-acre Bukit Jalil Park.
Foreign investment
Integrated property developer Malton’s announcement on the participation of Qatar Investment Authority (QIA) in the ownership of the regional shopping mall has also added to the confidence in the project.
The Malton’s wholly-owned subsidiary Khuan Choo Realty Sdn Bhd, QIA’s wholly-owned subsidiary Q PBJ Sdn Bhd, and Tan Sri Desmond Lim via his private vehicle Jelang Tegas Sdn Bhd have inked a Subscription Agreement on May 28 last year, with special purpose vehicle Regal Path Sdn Bhd to partake in the ownership of Pavilion Bukit Jalil mall.
“We are very happy to have QIA on-board and their participation in the Pavilion Bukit Jalil mall project is indeed a testimony of QIA’s confidence not just in the projects managed under the ‘Pavilion’ brand, but Malaysia as a stable and high-potential investment destination,” said Lim, who serves as the non-executive chairman and the major shareholder of Malton.
Tapping into the retail expertise of retail management team from Pavilion KL, an award-winning and Malaysia’s most successful mall, the Bukit Jalil version will feature a good mix of retailers to attract a steady pool of local and international visitors.
With an estimated net lettable area of 1.8 million sq ft, Pavilion Bukit Jalil shopping mall will be among the country’s top 10 largest regional shopping hubs. This integrated development will rejuvenate Bukit Jalil into a vibrant destination for business, best-in-class shopping experience, dining, leisure and entertainment hub to both locals and tourists alike.
Secured tenants
To date, the mall has secured confirmed tenants for over one million sq ft. Anchor tenants include Parkson, Dadi Cinema, Food Republic, The Food Merchant, Harvey Norman superstore, Pavilion Bukit Jalil Ice Rink and a host of specialty stores, food and beverage outlets, leisure and entertainment attractions.
This will be good for The Park Sky Residence, which is bringing in a new community of residents to Bukit Jalil. The development is sited on 7.3 acres of freehold land near the Pavilion Bukit Jalil mall.
Pavilion privileges
Additional advantages of this project include Pavilion Privileges, a loyalty programme to indulge in a host of shopping, dining, and pampering privileges at Pavilion Kuala Lumpur. Residents of The Park Sky Residence and The Park 2 can register as members free of charge.
Members will be able to enjoy the Pavilion experience and will receive special privileges from participating tenants, invitations to launches and events, updates on new store openings and exclusive rewards. And once Pavilion Bukit Jalil regional mall opens its door, the loyalty programme will be extended to its tenants and members will be able to enjoy Pavilion Privileges at both malls.