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The Summit USJ, situated in Subang Jaya, Selangor, is a 1998-established regional mall managed by AmFIRST REIT, offering 800,000 sq ft GLA over four levels with 150 stores.
Tenant mix focuses on fashion, dining (35% visits), and home decor, anchored by Fitness First, MPH Bookstores, and Little Taiwan.
Accessibility is strong with 1,000 parking bays, main road proximity, and public transport. Primary catchment: 1.2M residents in 5km radius; demographics: median age 30, HH income RM10K/month, retail spend RM6K/capita/year. Footfall: 300K/month (7M/year), 5% growth projected. Occupancy: 80%; rents: RM5/psf/month.
Market position as community center bolstered by 2023 revitalizations. Leasing perks: 3-5yr terms, high traffic. Drawbacks: 20% vacancy, aging infrastructure, medium local competition, 98% e-com penetration reducing conversions by 25%.
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Hours of Operation
Hours
| Monday | 10:00 AM — 10:00 PM |
| Tuesday | 10:00 AM — 10:00 PM |
| Wednesday | 10:00 AM — 10:00 PM |
| Thursday | 10:00 AM — 10:00 PM |
| Friday | 10:00 AM — 10:00 PM |
| Saturday | 10:00 AM — 10:00 PM |
| Sunday | 10:00 AM — 10:00 PM |
Hours may vary on public holidays. Check with individual stores for specific holiday schedules.
Insights
Demographics and Catchment
Primary catchment within 5 km radius covers 1.2 million residents, secondary 10 km. Annual population growth at 1.3%. Profile includes median age 30 years, household size 4 persons, 25% tertiary education, median income RM10,000/month, unemployment 3.3%. Per capita retail spending RM6,000 yearly: RM1,200 apparel, RM2,400 groceries, RM1,200 electronics. Young adults drive demand for trendy fashion and sustainable brands, though cost of living index of 85 may limit discretionary spend in weak categories.
Competition and Market Factors
Medium competitor density in Subang Jaya from nearby malls exerts pressure on performance. High e-commerce penetration at 98% erodes 25% of conversion rates, with moderate click-and-collect adoption. Saturation in traditional retail contributes to 20% vacancy. 2023 revitalization adds new tenants, but unmet needs for international dining and family amenities cap dwell time at 1.5 hours. Annual sales per sqm stand at RM15,000.
Operational Quality and Risks
Opened in 1998, aging infrastructure requires ongoing refurbishments, with no expansion planned. Security features CCTV and guards, maintaining low crime rate. Occupancy 80%, monthly footfall 300,000, moderate loyalty program use. Strengths include multiple promotional events and digital signage. Risks encompass high e-commerce rivalry, potential peak-hour parking constraints despite 1,000 spaces. Flexible 3-5 year lease terms offered, but RM5/psf rents reflect market saturation.
Building Details
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Subang Jaya
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Subang Jaya
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