Klang Parade

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Klang Parade
Klang Parade logo.jpg
Klang Parade.jpg
Klang Parade at night.
Klang Parade
Location Klang, Selangor, Malaysia
Coordinates 3°03′50″N101°27′12″E / 3.06389°N 101.45333°E / 3.06389; 101.45333
AddressNo 2112, KM2 Jalan Meru, 41050 Klang, Selangor
OwnerARA Harmony III [1] [2]
ArchitectDarryl Yamamoto [3]
No. of stores and services231 units as of 1 March 2019
Total retail floor area 1,600,000 square feet (148,645 m2) as of 1 March 2019
No. of floors5
Website https://www.klang.parade.com.my

Klang Parade is a shopping complex in Klang, Selangor, Malaysia with anchor tenants such as Econsave, Parkson, Golden Screen Cinemas and Peninsula College. Mini anchors include Kamdar, Dynasty Dragon, E-Digital, Mr DIY, Next Food Junction, Voir, Brands Outlet, and Original Classics (OC). As of March 2019, the mall's net lettable area (NLA) of 675,407 sq. ft. and it is reported to be 98.6% tenanted. [1] [4]

Contents

History

Klang Parade was established in 1995. It was built and operated by the Lion Group. [5] [6] The mall was sold to ARA Asia Dragon Fund in 2012 and was closed between July 2013 and January 2014 for a major refurbishment. [7] It is now owned by ARA Harmony III [8] and managed by ARA Asset Management Limited (ARA). [4]

The main atrium of the mall. KlangParade Centre.jpg
The main atrium of the mall.

The mall underwent major refurbishment in 2013 and was reopened in 2014 with a total built-up area of 1,704,610 sq ft. [9] [10] The newly refreshed family-centric venue doubles as a massive event space, which has played host to a variety of events such as the annual Shuddup N’ Dance competitions attended by local and regional street dancers. [11]

Awards won

Corporate information

Klang Parade (along with four other malls in Malaysia: Citta Mall, 1 Mont Kiara, Ipoh Parade, and AEON Bandaraya Melaka) is managed by ARA Asset Management Limited (ARA), a premier global integrated real assets fund manager. As at 30 June 2019, Gross Assets Managed by ARA Group and its Associates is more than S$83 billion across over 100 cities in 23 countries. [4]

Access

Buses

Klang Parade is accessible via the following 96 Seranas and Smart Selangor bus services. Stations serving the mall are located at both sides of Jalan Meru and Jalan Pekan Baru.

Rail

The mall will be connected to the 11 LRT Shah Alam line via  BK19  Jalan Meru station. [15] The construction of the Bandar Utama–Klang line is scheduled to be completed in 2024. [15]

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References

  1. 1 2 "SingHaiyi Group Ltd".
  2. "ARA looks at RM1.85 bil REIT listing in 2018". 26 December 2017.
  3. "Darryl Yamamoto: The mall artist". The Star (Malaysia) .
  4. 1 2 3 4 "A contemporary shopping complex".
  5. "Not the end of the road for Parkson". 3 November 2015.
  6. "Making progress under new management". The Star (Malaysia) .
  7. "Klang Parade to be closed for refurbishment". The Sun (Malaysia) . Archived from the original on 22 January 2018. Retrieved 25 May 2016.
  8. "ARA looks at RM1.85 bil REIT listing in 2018". 26 December 2017.
  9. "City & Country: Creating new shopping experiences".
  10. "StarProperty".
  11. "Shuddup N Dance 2018 is Bigger, Better, and Brighter!".
  12. "A contemporary shopping complex".
  13. "Awards & Accolades".
  14. "Klang Parade on Facebook". Facebook . Archived from the original on 30 April 2022.[ user-generated source ]
  15. 1 2 Elan Perumal (22 October 2015). "Klang wet market to get a Light Rail Transit station". The Star.

3°03′52″N101°27′04″E / 3.06437°N 101.4512443°E / 3.06437; 101.4512443