THE SOUTHSIDE, a shopping mall under the MTR Corporation (000660.HK), starts a comprehensive trial operation today, and the newly added Exit C of the MTR Wong Chuk Hang station connected to the mall has also been put into operation. THE SOUTHSIDE covers over 510,000 square feet, with about 130 tenants, including cinemas, supermarkets, and restaurants.
At the speech delivered by the Property and International Business Director, Tony Tang, of the MTR Corporation, it was mentioned that the occupancy rates of THE SOUTHSIDE and other malls under the corporation were over 90%. Today, more than 100 tenants in THE SOUTHSIDE officially start trial operation. It is expected that new stores will open every month in the mall until the end of the year, and they are confident that all stores will be leased out by then. Tang pointed out that THE SOUTHSIDE main customers are residents and office workers in the area, hoping that the mall could further invigorate the South District.