NSK Hypermarket Malaysia to open in Cyberjaya in 2020

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Retail and wholesale chain NSK hypermarket is set to open in Cyberjaya by the end of 2020, with the signing of a tenancy agreement between Setia Haruman Sdn Bhd and NSK Property Sdn Bhd.
NSK will rent a 13-acre piece of land located at the centre of Cyberjaya from Setia Haruman for 15 years. The 250,000 square feet hypermarket is targeted to open for business in the last quarter of 2020 and will initially operate from 7am to midnight daily.
The hypermarket will cost RM35 million to build and operate retail and wholesale business, making it the first of its kind in Cyberjaya.
“Our hypermarkets in Selayang and Kuchai Lama, operate 24 hours and we believe there is a growing need to have 24-hour hypermarkets to meet the needs of the people who wants the flexibility of shopping at any hour of their convenience. This can also be a possibility here as we see many 24-hour facilities mushrooming in Cyberjaya,” NSK executive chairman CB Lim said in a statement.
Setia Haruman executive chairman Ahmad Khalif Mustapha Kamal said the opening of NSK hypermarket in Cyberjaya is yet another milestone in the growth and development of Cyberjaya’s ecosystem, which has many amenities that cater to the needs of its community from education, sports and recreation, 24-hour outlets and more.
“With the opening of a public hospital and MRT in 2020 and 2022 respectively, we are confident many more businesses will open in the near future and this will enhance the liveability of Cyberjaya at large. We aim to make Cyberjaya, THE ideal place to work, live, study and play,” he said.
Questions & Answers
Q.What is the expected opening date for the NSK hypermarket in Cyberjaya?
What is the expected opening date for the NSK hypermarket in Cyberjaya?
The NSK hypermarket is targeted to open for business in the last quarter of 2020. The tenancy agreement was signed between Setia Haruman Sdn Bhd and NSK Property Sdn Bhd for the development.
Q.How large will the new NSK hypermarket be and what will it offer?
How large will the new NSK hypermarket be and what will it offer?
The hypermarket will be 250,000 square feet and will operate both retail and wholesale businesses. It is expected to initially open daily from 7am to midnight, a first for Cyberjaya.
Q.What is the cost associated with building and operating this new hypermarket?
What is the cost associated with building and operating this new hypermarket?
The construction and operation of the new NSK hypermarket in Cyberjaya will cost RM35 million. It is set to be the first of its kind in the area, offering both retail and wholesale services.
Q.Why does NSK believe a 24-hour operation might be possible for the new store?
Why does NSK believe a 24-hour operation might be possible for the new store?
NSK's executive chairman notes their hypermarkets in Selayang and Kuchai Lama operate 24 hours. They observe many 24-hour facilities emerging in Cyberjaya, suggesting a similar need for flexibility there.