there are still a good amount of space untenanted in damen, especially on the higher floors as many don't want to be caught on the top floor of a lighthouse. 450k maybe you think its big, but divide that by 5 floors its only 90k per floor. many huge spaces taken by tenants at low prices, going to affect the reit profit and tenant mix. design wise no large center atrium, wont look premium. VERY big difference between the normal teams of TS D's, and his A grade Pav BB team (who will only do BB and Damansara). Fact borne out by the failure to fill up damen up to this date. My estimate from the info given, less than 70%.

Not sure if they r able to bring in any anchor tenant apart fr jaya grocer. Howeva if it hits 70% upon opening I think its a consolation at tis current econ.

Paradigm is losing or changing hand of many tenants.

Its true tenant mix is important and hopefully damen can do a lil beta than empire subang.

boss u think empire subang has a bad mix? i think its alright... just not organised well at all. there also can see the top floors empty when the ground floor is, well, quiet crowded.

paradigm area.. i think there are more malls than shoppers soon lol!

jaya grocer already in main place which is very near to damen.
will open another branch in damen ?

Nope boss. I think ES ok wo. Tats y I hope damen can at least match them or beta.

Another concern. Shops in damen r not fully governed by the mall management. Tenant mix in all shops crucial to determine the crowd too. Desperate owners might indirectly spoiling the entire concept. Its gd if pv reit can use a lease back to assist owners in order to get quality tenants.

Fr wat I heard la they took up the offer. Actually they oso hav one in empire subang. Maybe gd offer???

USJ digital mall is very near and it only 50m from lrt station .

now just a dead mall ><

i hear tenants who decided not to occupy the mall but take the outside shops instead. not sure about the reason. maybe renovation, mall rules etc. if not rental.

I never knew 450K nla malls are considered quite big.. in today's world even 600k is considered small

Harpartist surely sound like some1 who engage with the leasing team n able to provide insights.. i say b4 the location for the mall is not bad n FnB do OK.. high floor in most 5-7 floor new malls is something tenants dont wana be part of..

I heard more exp team gona manage this mall post opening, any comments?

Read from an article the anchor tenants are Jaya Grocer, Popular & Royal Sporting House - that's all??? No cinema?

Opening for biz in November, so Summit's mgmt team must be sweating!

This post has been edited by BRE: Sep 21 2015, 05:52 PM

can share the article

I tot open next yr

Looking at the anchor list, both sides must be sweating
The property is expected to commence operations in November, with a trade mix of food and beverage, beauty and fashion. Among the major tenants expected in the mall are Jaya Grocer, Popular Bookstore and Royal Sporting House.

http://www.theedgemarkets.com/en/article/p...quire-damen-usj

Another anchor tenant would be Food Republic as stated in their website, but there is no mention of other tenants there.

Summit already has a Cinema, may not be in cinema operators interest to open another in Damen due to competition. Hopefully both Damen and Summit can complement each other. And form an Empire-subang parade style partnership.

Damen might have a hard time now due to the economy and retail climate. 70-80% taken up sounds decent given the current situation.

I hope the Shops outside Damen have good dining and drinking options ala Publika's road facing fnb shops.

This post has been edited by ivanpei: Sep 22 2015, 07:56 AM

Bro, maybe TGV or MBO can open in Damen to compete with GSC in Summit. It is not surprising for both to be located so near each other, just like in 1U.

That's true, hope that's the case. It would draw people to the higher floors and is an ideal situation for Damen.

But Empire also nobody open cinema (maybe too small), is it because of MBO in Subang Parade or is it because Empire simply is too small?

This post has been edited by ivanpei: Sep 22 2015, 08:05 AM

Yes, a good example is Nu Sentral, the GSC is opened at the highest floor thereby attracting the F&B biz there.

Maybe Empire is not big enough or they dont see the need to open a cinema there?

if u ask gsc, d biznes thr no good..ppl go to d fnb cos many many office thr n some commuters prefer to meet at Nu when hanging out with friends after work for dinner..FnB placed on top to ensure shopper go thru few levels of fashion shops which often struggle compared to FnB which fail here as ppl try to go up as fast as possible..

Empire subang never planned for a cinema n MBO subang parade only opened 1 yr after empire subang open..

There are others being hired to promote online too