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Our Portfolio

Gurney Plaza is located along Gurney Drive in Penang, a popular destination for both tourists and locals. It is the premier lifestyle shopping mall in Penang and is connected to G Hotel, a modern concept designer hotel.

Website: www.gurneyplaza.com.my

  Gurney Plaza (1)
Tenure Freehold
Independent valuation(2) RM1,090.0 million
Purchase consideration RM1,015.0 million
Gross floor area(3) 1,317,930 sq ft
Number of car park bays(3) Approximately 1,956
Net lettable area (3) 848,657 sq ft
Number of leases(3) 349
Committed occupancy rate(3) 98.60%
Shopper traffic for 2010 14.5 million
Population catchment in 2009(4) 520,600

Notes:
  1. Including Gurney Plaza Extension.
  2. Based on the valuation as at 30 June 2011 commissioned by AmTrusree, trustee of CMMT.
  3. As at 30 September 2011
  4. Source: Independent Property Market Report as disclosed in CMMT's initial public offering prospectus dated 28 June 2010.