Shiqi Metro Mall
Shiqi Metro Mall was the first shopping mall to be developed in Zhongshan and it has over 10 years of operating experience in Zhongshan. It is a mid-end positioned regional mall with a broad ranging trade mix primarily targeting mid-income households in the Zhongshan core urban area. Its anchor tenants include RT Mart, Superior City Department Store and Jane Eyre Furniture Mall. Other tenants include Watsons, KFC, Starbucks and Xin Xuan Hotel Restaurant (信轩茶饮). Shiqi Metro Mall draws a higher footfall than each of the Properties, attributable to its mature status in the market and its location in the city’s core urban area. It has built a strong brand awareness amongst local residents in the core urban area of the city.
Shiqi Metro Mall is centrally located in the Shiqi District, within the core urban area of Zhongshan. In addition to being well served by the road network, Shiqi Metro Mall is also well served by many local public bus routes, including one which stops directly in front of Shiqi Metro Mall. Shiqi Metro Mall also operates free shuttle bus services to surrounding communities as well as to other malls.
|Address||No. 2, South Dasin Road, Shiqi District, Zhongshan, Guangdong Province, PRC|
Commencement of Operations
|Expiry Date of
Land Use Rights
|27 July 2041(1)|
|Number of Floors||Seven floors (including two basement floors)|
|Gross Floor Area(2) (sqm)||119,682 (including car park space of 18,096.8)|
|Net Lettable Area (sqm)||85,727|
|Number of Leases||163|
|Car Park Lots||545|
|Net Property Income
|49.6 for Forecast Year 2017
105.3 for Projection Year 2018
- The expiry date of the land use right for Shiqi Metro Mall is 27 July 2041 (for commercial use) and 27 July 2071 (for residential use).
- Based on the Building Ownership Certificates. (See "Certain Defined Terms and Convention" of this Prospectus for details regarding the computation of GFA.)
- As at 31 December 2017