Asian Pac to develop RM281.3mil shopping mall, retail precinct in Kuantan
KUALA LUMPUR: Asian Pac Holdings Bhd is expanding into the East Coast with a proposed RM281.3 million retail and lifestyle development in KotaSAS, Kuantan, comprising the township's first shopping mall and a lifestyle shoplot precinct.
Asian Pac Holdings Bhd is set to develop a RM281.3 million shopping mall and retail precinct in KotaSAS, Kuantan. The project, through its subsidiary Everest Pioneer Sdn Bhd and KotaSAS Sdn Bhd, a Tanah Makmur Bhd subsidiary, could reach a future gross development value of RM2 billion. Located in the central business district of KotaSAS, near the East Coast Rail Link (ECRL) station, the development will bolster the township's transit-oriented plans.
Asian Pac's executive director, Michael Mah, emphasizes the goal to create a destination that fosters commercial activities, community engagement, and business opportunities. The company's decade of experience at Imago Shopping Mall in Kota Kinabalu will aid in establishing a retail destination that contributes to Kuantan's urban growth.
The precinct will include retail, food and beverage, leisure, and commercial spaces, with a pedestrian layout connecting the mall, shoplots, and surrounding neighborhoods. The development aims to generate jobs during construction and operations, provide commercial space for local entrepreneurs and retailers, and attract regional and national brands.
Tanah Makmur Group CEO, Datuk Shahrul Nizam Abdul Aziz, views the project as a strategic move to accelerate KotaSAS's growth as part of Bandar Baru Kuantan. The ECRL, expected to commence commercial operations in Dec 2026, will enhance connectivity between Klang Valley and East Coast destinations, bolster local businesses, and strengthen KotaSAS's commercial appeal.
Written by urgent.news from New Straits Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.