22 June 2012

Malaysia Airports Holdings Bhd (MAHB) will announce early next month the successful bidders for Phase 1 of commercial space at the new low-cost carrier terminal (KLIA2) in Sepang.

The airport operator received over 170 tender submissions for the first of four phases of commercial space at KLIA2.

MAHB senior general manager of commercial services, Faizah Khairuddin, said response from the commercial operators have been "overwhelming", with over 1,600 retailers, food and beverage and services operators attending its tender briefing sessions.

"Phase 1 of the tender exercise also delivered additional revenue by 80% over and above our expected rental for KLIA2. Based on the overall tender submission, the average rental ranges from RM300 per sq m per month to RM1,050 per sq m per month.

"In some cases, we received rental submission that was as high as over RM2,000 per sq m per month.This well demonstrates the confidence that commercial operators have in the potential growth and business viability at KLIA2, with its innovative retailing concept," said Faizah in a statement today.

Tender briefings were conducted in phases with 133 different opportunities made available. Phase 1 was conducted last December, Phase 2 in end February/early March, Phase 3 in April and Phase 4 last month.

"The first, second and third phases involved 27, 39 and 37 tenders, respectively. The fourth phase proved to be most exciting with 30 tenders comprising individual lots as well as packaged deals. All in all, 161 outlets had been tendered for the first day of operations at KLIA2," said Faizah.

Nonetheless, she said it is not too late for those who have registered for the briefing for the fourth phase of the tender exercise to vie for a piece of the pie.

"Tender documents can still be purchased until June 25. The tender submission deadline for fourth phase is 3pm on July 2. More information on the said klia2 tender briefing is available at www.klia2retail.com.my," she added.

"Our aspiration is to change the mindset of travellers, making them realise that their vacation begins and ends at KLIA2. We want to engage them and give them an experience that is ELITE ?Experiential, Liberating, Innovative, Thrilling and Ever-changing ?so that they will keep coming back for more to explore KLIA2 as a destination," said Faizah.

Source: www.thesundaily.my