SEREMBAN PERADE WILL GET NEW NAME AFTER REVAMP

Seremban Parade will be refurbished by a unit of property developer Allstones Group Asia Sdn Bhd. Upon completion of the renovation works, the mall will be renamed Seremban Mall.

To be completed in Q3 2013, the asset enhancement works aim to reflect current requirements and retail trends. In line with this, the mall invited more national chain retailers to enable it to create a diverse mix of retail experiences for its customers, reported Star Property.

Moreover, the mall’s current anchor tenant, Parkson, will also be expanding and upgrading its department store.

“In the process of being merged with Nilai into a city, Seremban will benefit greatly once the facelift has been completed as the refreshed mall will surely attract more visitors from the surrounding suburbs and also greater parts of Negeri Sembilan,” said K.H. Sim, Chairman of Allstones.

“Furthermore, the soon-to-be completed electric train to Gemas will also help bring more people into Seremban. With the KTM station located directly opposite the mall, we will be putting up a proposal to the local council to build a pedestrian bridge to provide a direct link from outside the KTM station to the mall.”

Seremban Parade is owned by German-based property fund TMW Asia Property Fund 1, which is managed by an American property investment manager.

Farah Wahida, Editor of PropertyGuru, wrote this story. To contact her about this or other stories email farahwahida@propertyguru.com.my