this is worst JJ in malaysia
Added on July 30, 2010, 4:58 amThe main purpose JJ buid a shopping mall in mahkota was to block the customers from sg. long and mahkota cheras visit to ECON SAVE at cheras selatan and to block the Carrefour business at Tun Hussein Onn. After the 3 months JJ was construct, a new population survey was done and show that sg long and mahkota cheras lack of population for Hyper market purpose.. Hence, JJ changed the their own plan,, they cancelled the cinema and some entertainment project. They only took small part to do their business,,, the rest of the mall construct just for rent out for retailers. The ground floor rented RM6.5 per square feet.. The conclusion is,, JJ don't have confidence within these 2 years in mahkota cheras after did the population survey and knowing the spending power in mahkota cheras was very low....
Now,, the result was proof !!!
1) During day time,,, the mall have very few customers,,,,, the most empty customers JUSCO mall in whole malaysia...
2) There are many small shops operate in JJ mahkota cheras... JJ very smart,,,, at least can collect rental to cover their overhead for 2 years b4 this place population was increase...
3) For F &B ,,, only OLD TOWN, KFC and A&W business is OK,..... the rest of the F/B,,,, very quiet and empty...
4) Heard that, poh kong jewelry business some day get 100-200,,,, some days hit ZERO sales.....
5) A small rounded counter along corridor rented 2k per month...
6) Eu Yan Sang very smart,,, rented shop outside JJ instead of inside the JJ mall,,,,,, save 50% rental cost
But for the long term,, this JJ shopping mall won't get lost,,, only the small retailers can't "TAHAN" the rent fees and run away,,,, then,,, JJ will took back and construct their previous project such as Cinema .....
My conclusion is,,, this is cheap plak JJ,,, STARBUCKS, PADINI,VINCI not dare to invest here coz they know spending power in mahkota cheras was very low..... we can know from the previous double storey housing only cost 180k last few years,,, this indicate us that, mahkota cheras is medium lower status population area.... Anyone,,, aim middle to high class business SURE DIE one in this area.....
This post has been edited by mahkota: Jul 30 2010, 04:58 AM
Jaya Jusco in Bdr Mahkota Cheras?