Light City’s anchor tenants to be finalised this year

TheStar Mon, May 16, 2022 08:30am - 1 year View Original


A crowd-puller: A file picture showing people checking out the scale model of The Light City project. The shopping-centre component of the mixed development will feature a variety of retail tenants rather than a single departmental store, according to Tan.

George Town: IJM Perennial Development Sdn Bhd (IJMPD) wants a leading Hong Kong-based grocery store and a local cineplex chain to operate as anchor tenants in The Light City – a RM4.5bil mixed development project located next to the Penang Bridge.

IJMPD general manager Tan Hun Beng told StarBiz that the company would finalise the deal with the anchor tenants before the year ends.

“We need to conclude the deal in 2022, as the 680,000 sq ft mall will be completed in early-2025 according to schedule.

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