Category: Retail / Shopping / Mall News
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More ‘lepaking’ places? 6.58 million sq ft of new malls coming…
This was posted in thestar.com.my just a few days ago: More malls to enter the fray in the Klang Valley. A good friend mentioned that with all these new malls, there will be even more places for people to ‘lepak.’ (places to chill out) Refer to the image for more information. Image source: thestar.com.my In order…
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Shopping experience will evolve, that’s why malls can still prosper
I have written about the fact that online shopping is not going to kill all malls. Here’s a few: Online shopping to kill malls? Not during my generation, for sure or even this one: My MUST HAVE list for malls, both old and new Come on, new couples need some place to understand one another well before…
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Paradigm’s Asset Enhancement Initiative. What is that? 🙂
Updated on 9 August 2018. Previous photos replaced with official ones from Paradigm PJ. When I first moved to KL over 5 years ago, Kelana Jaya was my home for over a year. Thus, Paradigm Mall was where I go to more than twice every week. It was just opened then. Whether it’s food or…
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Johor Bahru attracting lots of foreign retailers! People and economy.
It’s safe to say that if I am a foreign retailer brand and coming into Malaysia for the very first time, Kuala Lumpur would be a natural start. The first reason is of course because that’s where majority of all brands are. The more ‘profitable’ reason is that that’s where the population growth is. If…
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Lots more new brands to enjoy, really. Cheaper and better please.
Here’s one article not too long ago. Closures ALWAYS point to ‘tough outlook’ Coming back to just days ago, my old friend is still insisting that the Malaysian economy is in trouble and that if the election result is not up to his expectation, Malaysia will go bankrupt within 5 years. Anyway, everyone’s entitled to…
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Retail to improve after GE 14. Means more income or more willingness?
I have bought more new shirts this year than last year but have spent virtually the same. I have bought two new pairs of jeans too. However, the amount I spent per shirt and per jeans is much lower than what I would have spent previously. For example, a new pair of very nice LC…
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Potentially over 700 stores closure and 30,000 employees losing jobs
Toys R Us will potentially be closing over 700 stores and 33,000 employees are at risk of losing their jobs. Full report in WSJ.com here. Please do read for some of the reasons for its closure, including the most important one, stronger competition. Whenever people lose jobs, naturally the property market shakes because some of these…
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197 malls in Kuala Lumpur by 2021. ‘Killing’ one another?
Here’s a good read about malls in Greater Kuala Lumpur. According to an article in FreeMalaysiaToday, in three years time, the total number of malls in KL would reach 197. Currently there are already 170 and 27 more are coming. When these arrive, there would be a total of 86.2 million sq ft retail space. The upcoming…
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Value still up even when transactions are down.
kopiandproperty.my was invited to MIEA’s Press Conference and Launch of MIEA Property Market Sentiment Report recently. I have a full time job, so naturally MMY the junior reporter went. Many good statistics were shared to all the invited medias. Please do contact them (MIEA) for a copy of all the presentations or if you are…
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1 Utama E (600,000 sq ft NEW extension) and FULL MRT link opened
I learnt the hard way when I tried the MRT from Sg. Buloh to 1 Utama a couple of weeks ago. I had to walk for at least 500 metres I think to reach 1 Utama mall. It was 2pm in the afternoon and well, I had to cool down when I arrived. From today…