KUCHING: Mydin Hypermarket, one of the biggest hypermarket chains in Peninsular Malaysia, is finally branching out to Sarawak and in a big way. It will be opening not one but three hypermarkets in the state. An agreement was signed yesterday between Mydin Mohamed Holdings Bhd (MMH), CMS Land Sdn Bhd and Projek Bandar Samariang Sdn Bhd (PBS) for the new hypermarkets.
MMH and CMS Land will collaborate on the development of the 300,000sq ft hypermarket in the Isthmus with a gross development value (GDV) of RM77mil. The two-storey building will comprise 63,000sq ft to be occupied by the hypermarket, 69,000sq ft for mall space, 4,000sq ft for promotional area and 14,000sq ft for food court. The development, which is expected to be completed within 18 months, will sit on a prime 2.7ha site adjacent to the existing Jalan Keruing and opposite the Borneo Convention Centre Kuching (BCCK).
Meanwhile, MMH and PBS will develop a single-storey, 116,000sq ft hypermarket at Bandar Samariang Commercial Centre. It will comprise 43,500sq ft of floor space to be occupied by the hypermarket, 16,300sq ft for mall space and 6,500sq ft for food court. With a GDV of RM53mil, the mall which will be build on a 3.3ha land adjacent to Jalan Sultan Tengah, is also expected to be completed within 18 months. Moreover, MMH managing director Datuk Wira Ameer Ali Mydin said a third hypermarket at Vista Tunku was expected to be completed within two to two and a half years. He said this year, the company was expected to achieve a sales turnover of RM2.5bil, an increase from RM2.1bil it achieved last year.
The signing ceremony was witnessed by Housing and Tourism Minister Datuk Amar Abang Johari Tun Openg, who said the collaboration represented the next step for the state to achieve its vision of providing every Sarawakian the best life possible. Meanwhile, Cahya Mata Sarawak Bhd group managing director Datuk Richard Curtis said the agreement marked a milestone for the group after months of negotiation. “Mydin is one of Malaysia’s leading bumiputra homegrown hypermarket groups with a halal product mix.
In attracting Mydin to Isthmus and Bandar Samariang, we had to meet some tough criteria such as land availability for the development and community population size. However, we had a clear vision of development for these two areas that we would implement.” Touted as the city’s new central business district, the Isthmus is the site of two prestigious projects, namely BCCK and the Sarawak Energy Bhd headquarters, which is the first Green Building Index-certified office premises in the state. Bandar Samariang, on the other hand, is a rapidly growing integrated township that hosts residential and commercial properties as well as public infrastructure including schools. It has a population of about 25,000.