Category: Retail / Shopping / Mall News
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Seriously, when there are just too many malls….
In an article in The Star by Reuters, it painted a bleak picture for the malls in Shanghai. It gave many examples of empty malls and one dress shop owner said that she could not even sell one dress per day! According to official data, the retails sales have shown a sharp rebound but the…
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My MUST have list for malls, both old and new
Everyone have their favourite malls. I think today I will write about what I hope all malls would have to provide, especially to valuable shoppers like me. Haha. I buy all my groceries from the supermarkets within malls every week. Majority of whatever I normally buy are also from within malls. From my Macbook to…
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Malls, household debts and bankruptcy?
Would you get someone who dislikes golf but likes badminton to write about golf? I think majority of everyone would answer, of course not. Well, read on then. In an article of a few hundred words and published in a local free English daily, one writer wrote negatively about malls. Actually, right from the start,…
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Retail Penang is facing oversupply, more coming.
Slightly over 3 years ago, I was looking for an office space for my previous company within Penang island. There were numerous choices and the more expensive ones were slightly over RM3 per sq ft. Many were below RM2 per sq ft but the environment and the facilities were not that spectacular. One was only RM1.10…
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Atria: Not a lot though not too few at least
I was at Atria today for the first time. The new mall which was rebuilt by OSK Property. Since it’s a public holiday, my expectations would be that everyone within the vicinity may be at the mall for shopping, socialising and even simply strolling and browsing. Well, there was a huge group of people, families…
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Malls, malls, malls everywhere, rate of survival?
Slightly earlier, I read a report saying that 50 new malls are coming into Klang Valley next year. Well, according to one latest article quoting the Sunway Group, there are a total of 40 malls entering Klang Valley next year. There is little need to guess. Most of these malls are the neighbourhood ones or…
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IKEA was packed to the brim, still.
I went to IKEA last saturday (5 sept). I wanted to buy a baby chair, a new pot and a few LED bulbs. The car park was very full and after many turns, I had to park at a spot which is regarded as illegal. The showroom floor was full of people. Perhaps these people…
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If 53 tenants decided not to renew, time to worry?
If you did not know, WCT Holdings is the builder of the Paradigm Mall in Kelana Jaya and KLIA2. The ‘airport within a shopping centre,’ like what has been mentioned by many people sarcastically. To be honest, I seriously think all airports should follow this design. Whether it’s a mall within an airport or the…
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Best neighbourhood mall, ATRIA
Any area with a good neighbourhood mall is likely to be popular versus one without. In fact the property prices in these areas with a nice neighbourhood mall is likely to appreciate faster or even stay strong during slower times. Of course, the worst would always be to be right next to a neighbourhood mall…
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A developer does not equal to a successful mall
How many malls are coming up in the Klang Valley? I have already lost track. However, I did share in an earlier article. Read here: Even more new malls coming up in Klang Valley My colleagues were discussing about buying a condo which is connected to a mall. He said these condos would fetch a premium in…
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Klang Valley – Retail Space Over Supply
I do not believe average income is a good measure when it comes to the ability to purchase property. No developer would be building based on this average too. Most probably, they would take the median income instead if they indeed do their research before building. This is the same reason why retail space should…
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Quill City Mall opening on 18th October
When I first read the news, I thought, it’s impossible. How could they open on 18th October. I pass by Quill City Mall every morning when I go to work. There were so many things which looked incomplete. Today when I pass by, I saw H&M fully stocked up! Everything was already arranged in their…