CapitaMalls Asia Limited

Asias Leading Mall

Developer, Owner and Manager

Singapore China Malaysia Japan India

Proposed Shopping Mall Development

in Klang Valley, Malaysia
9 May 2012

Disclaimer
This presentation may contain forward-looking statements that involve assumptions, risks and
uncertainties. Actual future performance, outcomes and results may differ materially from those
expressed in forward-looking statements as a result of a number of risks, uncertainties and assumptions.
Representative examples of these factors include (without limitation) general industry and economic
conditions, interest rate trends, cost of capital and capital availability, competition from other
developments or companies, shifts in expected levels of occupancy rate, property rental income, charge
out collections, changes in operating expenses (including employee wages, benefits and training costs),
governmental and public policy changes and the continued availability of financing in the amounts and
the terms necessary to support future business. You are cautioned not to place undue reliance on these
forward-looking statements, which are based on the current view of management on future events.
The information contained in this presentation has not been independently verified. No representation or
warranty expressed or implied is made as to, and no reliance should be placed on, the fairness,
accuracy, completeness or correctness of the information or opinions contained in this presentation.
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liability whatsoever (in negligence or otherwise) for any loss howsoever arising, whether directly or
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Proposed Shopping Mall Development In Klang Valley, Malaysia *May 2012*

Contents
Project Highlights
Rationale
Summary

Proposed Shopping Mall Development In Klang Valley, Malaysia *May 2012*

4 Queensbay Mall, Penang, Malaysia

Project Highlights

CMAs First Development Project in Malaysia

New shopping mall will cater to under-served
retail needs of established residential district

Strategically located in the established Taman Melawati residential

district in Klang Valley, Malaysia
Serves a ready catchment population of around 800,000 people within
10 minutes drive
Freehold site with an area of approximately 242,000 sq ft
Net lettable area of approximately 635,000 sq ft1
Target opening: 2016

Development cost of approximately RM500.0 million (S$204.5 million)

1. Subject to the relevant regulatory approvals

Proposed Shopping Mall Development In Klang Valley, Malaysia *May 2012*

Strategic Location
Sited along arterial
Middle Ring Road 2
(MRR2)

Accessible via
DUKE Expressway
and Ampang-KL
Elevated Highway
(AKLEH)
20 minutes drive
from Kuala Lumpur
City Centre (KLCC)

Proposed Shopping Mall Development In Klang Valley, Malaysia *May 2012*

Joint Venture Structure: 50/50

To develop a shopping mall in Taman Melawati, the Klang Valley, Malaysia
Estimated development cost of approximately RM500.0 million (S$204.5 million)

SDP

CMA

50%

50%
Joint Venture
Company

Proposed Shopping Mall Development In Klang Valley, Malaysia *May 2012*

Site Information

Location

Located in Taman Melawati, an established and affluent

residential district north-east of Kuala Lumpur city centre
and part of the Klang Valley. It is bounded by the
established residential areas of Taman Melati, Wangsa
Maju, Taman Permata and Kemensah Heights. It is also
near one of the most established international schools in
Kuala Lumpur, as well as tourist destinations such as Batu
Caves and the National Zoo.

Site area

~ 242,000 sq ft

Total NLA

~ 635,000 sq ft

Target to open

2016

Tenure

Freehold

Total PDE

~ RM500.0 million (S$204.5 million)

Proposed Shopping Mall Development In Klang Valley, Malaysia *May 2012*

The Mines, Selangor, Malaysia

Rationale

Rationale for the Development

1

Strategic Location in Taman Melawati

Synergistic Partnership

Strengthening CMAs Foothold in Malaysia

10

Strengthening SDPs Foothold in Commercial Development

and Transforming Melawati

Proposed Shopping Mall Development In Klang Valley, Malaysia *May 2012*

Strategic Location in Taman Melawati

The development will be the first large one-stop shopping mall in the area
TAMAN MELAWATI

Proposed
shopping mall

Strategically situated
in the mature
residential precinct of
Taman Melawati
Easily accessible and
well served by major
highways

MELAWATI TOWN CENTRE

Catchment population
of about 800,000
people within 10
minutes drive
635,000 square feet of
net lettable area - no
other mall of similar
size in the vicinity

Source: Google Maps

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Proposed Shopping Mall Development In Klang Valley, Malaysia *May 2012*

Synergistic Partnership

CapitaMalls Asia is Asias leading mall developer, owner and manager

CapitaMalls Asia is one of the largest listed shopping mall developers, owners
and managers in Asia by total property value of assets and by geographic
reach

99 shopping malls with a total property value1 of approximately S$29.5 billion

ION Orchard,
Singapore

Hongkou Plaza, Shanghai

China

Queensbay Mall
Penang, Malaysia

Vivit Square
Tokyo, Japan

The Celebration Mall

Udaipur, India

Notes
1. Aggregate property value of the properties in CMAs portfolio (where the property value of each of the properties is taken in its entirety regardless of the extent of
CMAs interest)

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Proposed Shopping Mall Development In Klang Valley, Malaysia *May 2012*

Synergistic Partnership

Sime Darby Property is Malaysias largest property developer in terms of landbank

Land bank of 17,000 acres (another
18,700 acres for future development)

Built 10 townships with communities of

about 80,000 families and 400,000
residents
Developments include Themed
Township Development and Niche and
Integrated Development which
comprise residential and commercial
buildings.

Strong presence in Malaysia (Klang

Valley & Negeri Sembilan) and
internationally (Singapore, Vietnam,
China, Australia & United Kingdom)

Ficus Peak,
Denai Alam

Delora,
Bandar Bukit Raja

Sime Darby
Property
Townships

13

Proposed Shopping Mall Development In Klang Valley, Malaysia *May 2012*

Seri Pilmoor,
Ara Damansara

Isola,
Subang Jaya

Strengthening CMAs Foothold in

Malaysia
CMAs 6th mall in Malaysia, deepening its presence in Klang Valley

MALAYSIA

Sungei Wang Plaza2, Kuala Lumpur

1.
2.

14

Queensbay Mall1, Penang

East Coast Mall2, Kuantan

The Mines2, Selangor

Gurney Plaza2, Penang

CapitaMalls Asia owns 90.7% of the retail strata area of Queensbay Mall.
CapitaMalls Asia through CapitaMalls Malaysia Trust owns Gurney Plaza in Penang, The Mines in Selangor, East Coast Mall in Kuantan and 61.9%
of the retail strata area and 100% of the car park area of Sungei Wang Plaza in Kuala Lumpur.

Proposed Shopping Mall Development In Klang Valley, Malaysia *May 2012*

Strengthening SDPs Foothold in

Commercial Development and
Transforming Melawati

Enhancement of land value - the shopping mall is expected to serve as a catalyst to

enhance the value of the surrounding area
Market demand - the synergistic benefits of the shopping mall to Melawati Township
are significant. It will provide opportunities for the proposed retail mall to tap into
substantial purchasing power represented by the middle income segments residing in
these developments and increase the vibrancy of the surrounding residential
developments, including housing estates of Taman Melawati and Desa Melawati.
In line with the Malaysian Governments objective to improve the community lifestyle
and transform the Melawati town centre into a commercial destination - 'East KL'. The
shopping mall is part of the bigger Melawati Urban Renewal Development.

Oasis,
Ara Damansara

15

DVida,
Bukit Jelutong

Eleven Avenue,
Bandar Bukit Raja

Proposed Shopping Mall Development In Klang Valley, Malaysia *May 2012*

E-Boulevard,
Denai Alam

Gurney Plaza, Penang

Summary

Summary
Strategic Location in
Taman Melawati

Site located in established residential district northeast of Kuala Lumpur city centre
Catchment population of around 800,000 people
within 10 minutes drive

Synergistic Partnership

Win-win collaboration
CMA Asias leading mall developer, owner and
manager
SDP Malaysias largest property developer

Strengthening CMAs
Foothold in Malaysia

6th mall for CMA in Malaysia

Deepen presence in Klang Valley

17

Strengthening SDPs
Foothold in Commercial
Development
and Transforming Melawati

Enhance land value

Synergistic benefits and market demand
Align with Governments objectives

Proposed Shopping Mall Development In Klang Valley, Malaysia *May 2012*

Thank You
For enquiries from analysts & investors

Please contact:
Brenda Ng
Investor Relations
Tel: (65) 6826 1188
Email: brenda.ng@capitaland.com

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