ABOUT IKEA Store & Regional Shopping Centre
IKEA Store & Regional Shopping Centre
The northern region’s first and only IKEA store at Aspen Vision City is the subject of a RM600 million investment from IKEA Southeast Asia and comprises a built-up area of over 430,000 sq.ft. Slated for opening in the first quarter of 2019, the store will be wholly owned and operated by IKEA Southeast Asia. IKEA Southeast Asia forms the anchor of the Integrated Regional Shopping Centre, a 1,000,000 sq.ft. shopping paradise featuring an exciting mix of retail, food and beverage, entertainment options and many more.
The highly popular Swedish furniture chain will bring an extensive range of modern and affordable home furnishings to the region, in addition to a variety of job opportunities and economic spin-offs for the surrounding communities and businesses. Its strategic location in the heart of Batu Kawan also means IKEA Southeast Asia will be within 1-hour radius of over 825,000 households in Penang, ensuring a uniquely vibrant, ever-bustling commercial landscape in Aspen Vision city.
- Aspen Group-IKEA Southeast Asia mega joint-venture
- 245-acre master planned development
- First-class amenities and infrastructure
- First Ikea store in Northern Region
- Excellent connectivity via Penang Second Bridge and North-South Highway
- 3 Shopping Centres anchored by IKEA in Malaysia & Thailand
- 1,800 workforce from 23 countries
- 500 million Euro turnover
- 500 million shoppers to our stores & centres
- World’s largest home furnishing retailer
AT THE FOREFRONT
IKEA Southeast Asia fronts the main intersection facing incoming traffic from all directions. IKEA Southeast Asia, along with the integrated regional shopping centre and Vervéa, will be among the first destinations greeting thousands of visitors daily.