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TEEMALL locates in the center of the commercial industry in Guangzhou. There are over 10 large-scaled shopping centers, lots of restaurants surrounding TEEMALL. This area has become the commerce area with the most man-flow in Guangdong. TEEMALL has convenient access to over 60 bus lines, and a basement access to Metro Line One. It is next to the CBD of Guangzhou, the East Railway Station of Guangzhou and the Metro Line One Terminal.
The total investment for TEEMALL was RMB 1.2 billion Yuan. The total acreage is 41,000 m 2 and the building area covers 160,000 m 2 . It has two levels of basement parking with the capacity of 3,000 cars. TEEMALL has 7 floors and 3 levels of basement, among which 8 floors of nearly 100,000 m 2 are business area.
The naissance of TEEMALL was Aug 18 th , 1992. The full-scale opening day of TEEMALL was Aug. 18 th , 1996. The building of TEEMALL took 4 years. All the cost was gained back in 5 years after its opening. An 8-year turnover reached over RMB 10 billion Yuan. The rented rate reached 99%. TEEMALL is now the leader of China's commercial industry.
In year 2003, the total turnover of TEEMALL was about RMB 4 billion Yuan. The average daily number of shoppers is 300,000 man-times and the zenith was 810,000 man-times. TEEMALL welcomed its No. 800 millionth customer on May Day of 2004. TEEMALL has now become the best brand of China's shopping centers. It is now worthy of the name "Saloon of Guangzhou". TEEMALL has become the visitors' and the citizens'' first choice of shopping, leisure, recreation and visiting.
TEEMALL combines shopping, dining, entertainment, recreation and other commercial affairs. It holds department stores with numerous brands, a five-star cinema, over three hundred domestic and foreign famous-branded franchised stores, brand-leading furniture centers, updated electronic appliances stores, cultural gallery, restaurants with eastern- and western-style delicacies, games centers that are full of excitement and dreamsĄAll these romance and elegance compose a beautiful urban picture, maintain the prosperity of metropolitan business, and become an indispensable part of people's life in Guangzhou.
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