ARENA XCHANGE MEDIA BRIEFING
13
Jan

100% Sold Out Arena Xchange Is Set To Unveil Lotus’s New Concept Store

Arena Xchange by IOI Properties Group was fully taken up within 4 months of its launch.

SEPANG, JANUARY 2023 – Arena Xchange, the first freehold commercial development in Warisan Puteri, Sepang, was fully sold out within four months of its launch in March 2022. This reflects the strong levels of confidence our customers have in IOI Properties Group Berhad (IOIPG). This has drawn prominent retailers such as Lotus’s to the well-planned mixed-development township of Warisan Puteri, Sepang.

Lotus’s, a popular supermarket chain, will take up 8 retail shop office units totaling over 1,000 square meters at the 49-unit Arena Xchange. Anticipated to be launched early next year, this will be a unique supermarket concept store to the brand, located within a commercial development that highlights the brand’s promise of freshness, convenience and value for money.

“We are pleased with the continued support of Lotus’s by opening its first-of-its-kind concept store in Arena Xchange, which offers greater accessibility to budget-friendly prices for the everyday needs of nearby communities. This fresh addition to Warisan Puteri, Sepang enhances the community living experience at our township and is in line with our mission to create innovative products and services,” said Dato’ Voon Tin Yow, CEO of IOIPG.

The Group has facilitated well-known brands such as Lotus’s and Starbucks amongst others to Warisan Puteri, Sepang. This reflects IOIPG’s commitment to building vibrant and thriving communities. The presence of these amenities to the community ensures an enriching experience that would continue to attract more business partners and residents to the area.

Kenneth Chuah, President of Lotus’s Malaysia remarked, “The launch of our first 1,000-square-meter store is significant to us, as we move forward with our expansion plans. Besides meeting the government’s standards for foreign participation, our research showed that customers nowadays prefer doing their grocery shopping quickly in smaller stores that provide comparable availability, selection, and convenience. In addition to that, our aim is not simply about giving customers the best value for their money through the products we sell; we would also like to become the heart of the community wherever we operate, and we are seeking opportunities to collaborate with developers who have strategic locations for us to expand in.”

Arena Xchange is well-positioned within the bustling township of Warisan Puteri, Sepang. It benefits from a good catchment area (20 km radius) comprising 12 educational institutions including SK Kota Warisan, SJK(C) Dengkil, Xiamen University, and INTI International University amongst others. It is also conveniently located within close proximity to Kuala Lumpur International Airport (KLIA), KLIA 2, and Salak Tinggi ERL Station. Other attractive amenities include Nilai Medical Centre, Mitsui Outlet Park, and many more.

Apart from being located near strategic amenities, the bustling Warisan Puteri, Sepang township offers excellent connectivity to multiple highways such as the Putrajaya–Cyberjaya Expressway, Maju Expressway (MEX), North-South Expressway Central Link Highway (ELITE), Lebuhraya Damansara-Puchong (LDP) and South Klang Valley Expressway (SKVE).

With such conveniences, Arena Xchange is an ideal commercial hub to complement the Group’s upcoming launch of Arena Residences.

The Launch of Arena Residences
IOIPG will be launching Arena Residences in Warisan Puteri, Sepang, comprising 866 units of freehold serviced apartments. Located beside Arena Xchange, it is anticipated to benefit from the availability of commercial and recreational components within the self-sustainable township.

The Arena Residences, with an estimated Gross Development Value (GDV) of RM150 million, will be launched in two phases. Spread over 3.28 acres, the two phases will consist of 4 blocks of apartments with layouts ranging from 2 to 4-bedroom units – with some of the 4-bedroom units based on dual-key concepts.

Phase 1 of The Arena Residences is now open for sale, featuring the first 4-bedroom serviced apartments in Kota Warisan, Sepang. It is expected to be completed in Q3 2025. All units are partially furnished with prices starting from RM250,000.
 

Media Contact:
Name: Ms Ling May Yuen
Designation: Senior Manager, Group Marketing & Branding
Mobile: 013 2393 925
Email: [email protected]

Name: Ms Looi Chee Yan
Designation: Manager, Group Marketing & Branding
Mobile: 012 350 3718
Email: [email protected]

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