Lohas mega mall to open first shops in August

MTR Corporation (0066) will open the first batch of shops at The Lohas, the first mega shopping mall at Lohas Park in August, and plans to invite tenders for Lohas Park phase 13 in the third quarter.

The first batch of shops will include a 20,000-sq-ft supermarket, restaurants with some brands making their debut in Hong Kong, as well as household and homeware shops, hair salons, dentists, and clinics,said David Tang Chi-fai, property director of MTRC.

This only accounts for about 15 percent of the total floor area.

The mall is scheduled to open by year end and is about 70 percent leased, Tang said.

The second batch of stores, due to open in the fourth quarter, will cover boutique shops and cinema.

The Lohas covers 480,000 square feet and spans three retail floors with direct access to the residential buildings in Lohas Park.

Tang said MTRC plans to open tenders for Lohas Park phase 13 in the third quarter, and the phase five and six of Wong Chuk Hang project early next year.