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 Da Men @ USJ 1 ( Next to summit ), Discussion of Vesting potential

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icemanfx
post Jan 18 2016, 11:26 PM

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If there are many upmarket spenders in usj, summit usj would have traded up.

Shopping mall could be crowded during festival and school holiday but how many will sustain through low season?

This post has been edited by icemanfx: Jan 19 2016, 09:19 AM
icemanfx
post Jan 20 2016, 08:17 PM

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QUOTE(MonGJiHyo @ Jan 20 2016, 03:34 PM)
As i said earlier.. putraz which doesnt have fast food outlets suffers in the end as they want to position themselves as a "high class" mall but the foot traffic is very LOW even though their mall already opened for almost 8 MONTHS.. their tenants are OK for me but the overall performance is not so good

If wanna compared DM with putraz where both of these malls wants to be "high class" with no fast food outlets, DM would have a better prospect than putrazz in terms of location
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Lack of famous and popular fast-food doesn't mean the mall is high class; more likely, these food boys don't believe the mall could generate enough traffic.

icemanfx
post Jan 20 2016, 11:45 PM

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QUOTE(zephyrus9999 @ Jan 20 2016, 11:08 PM)
foodcourt still a foodcourt. What comes up to ur mind when plan to eat at foodcourt? Cheap. Im not paying RM10+ for some hipster pan mee though i could afford it

And i dont believe 90% mall goers are rich, be it pavillion or klcc. KFC Pizza hut oldtown are mainstreams, but bear in mind these are what attracts meleis since meleis cant eat good foods. And yes meleis are contributing to the crowd too. Chances are a patron inside a mall, hes gonna spend money. And im not surprised if rich chinese families bring their kids to have a good meal at KFC McD too.
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Many of pavillion and klcc shoppers are tourists, and tourists tend to spend more than locals. unless there is attraction or mall management pay tour operator to bring tourists, few tourists visit suburban mall.

lacking affordable and popular food outlets will deter many families from repeat visit.

icemanfx
post Jan 21 2016, 11:05 AM

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People complained of expensive food price in dm are not dm intended customers.

icemanfx
post Jan 23 2016, 01:38 AM

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Most if not all shopping mall are packed during holiday season, dm will be super packed during the cny week.
icemanfx
post Jan 24 2016, 11:52 PM

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QUOTE(truelife @ Jan 24 2016, 11:11 PM)
Whether a neighbourhood shopping mall is successful or not, weekend crowd could tell everyhting.
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If a shopping mall could hardly attract neighbourhood crowd, how many outside neighbourhood will travel far to visit?

icemanfx
post Feb 2 2016, 02:34 AM

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QUOTE(topearn @ Feb 1 2016, 11:22 AM)
Anyone checkout Nam Heong in Damen today ? The past few days business was roaring due to thier RM2 per plate of chicken rice or noodles. No more promotion today onwards.
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QUOTE(ivanpei @ Feb 1 2016, 01:09 PM)
Impian Meridian is freehold...

Don't know where all the wrong info and misleading posters come from. Went to Damen on Friday to get glasses from the Owl in Damen. Nam Heong queue was madness. People sitting outside at the chairs waiting. 

Is it that good? Was lazy to wait so went to eat B.Bap instead. It was pretty good, same as the Avenue K KLCC branch. Price restaurant level but food was good.

Jam? High traffic commercial area is like this lar. If commercial area no jam i lagi worried. Lol.
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If nam heong rm2/plate customers are dm typical customers, it will be a challenge for dm to sustain as a high end mall.

icemanfx
post Feb 6 2016, 11:15 PM

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QUOTE(nexona88 @ Feb 6 2016, 11:13 PM)
be positive. maybe all went back hometown.

that's why Da Men looks super empty today  sweat.gif
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Ya, it was packed to the brim the week before.

icemanfx
post Feb 7 2016, 11:55 AM

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QUOTE(bearbearwong @ Feb 7 2016, 10:11 AM)
Find one day we go da men.. and take photo...

I guess 80% like ss2 mall sucess rate
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Don't need to waste time; if this place is busy, those with vested interest will post plenty of photos frequently else this place is a ghost town.

icemanfx
post Feb 7 2016, 02:30 PM

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May be dm need dato joey yap advise quickly else usj people may call this place "gui men".

icemanfx
post Feb 7 2016, 05:06 PM

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QUOTE(ManutdGiggs @ Feb 7 2016, 04:29 PM)
I c u in Russia
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It is rare for boss to take long journey. While in Moscow, you won't be disappointed with Siberia Club and La Barge, worth checking them out.

icemanfx
post Feb 7 2016, 07:30 PM

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QUOTE(lamode @ Feb 7 2016, 07:03 PM)
too early to judge... give it 6 mths only see how
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If dm couldn't attract people during festive peak period, it will be a challenge to attract visitor during off peak.


icemanfx
post Feb 9 2016, 05:10 PM

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QUOTE(BeastB @ Feb 9 2016, 11:54 AM)
Let's give it another 4-5 months before pointing fingers and laughing. It's very unprofessional and disrespectful to the ones who are invested there.
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Disrespectful?! You mean rub salt to the wound?

If dm couldn't attract visitor during peak festive period, how it could attract visitor during off peak period? How many shops can sustain through lean time?

This post has been edited by icemanfx: Feb 9 2016, 05:16 PM
icemanfx
post Feb 9 2016, 11:55 PM

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QUOTE(ace77 @ Feb 9 2016, 11:41 PM)
To be honest, if I were in DM Mall management, I would not consider to get the world champion coz how to justify the cost? I meant some times we need to measure our own self first.
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MV may need not pay for world number 1 lion dance team to attract visitors during peak festive period but they still do. If DM is unwilling to spend to attract visitor during peak festive period, when should they attract visitor? During working hours and school days?

icemanfx
post Feb 10 2016, 10:33 AM

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QUOTE(HarpArtist @ Feb 10 2016, 08:23 AM)
good question, i like brows.gif

thing is, big door management is far cry from real pav, much as they try to put the brand together. the bb team will only be used in one other mall in malaysia: the only other luxury pav. all the other pav branded/owned/reit-managed are just under the umbrella, but obviously not top people managed; and it really shows here. how could pav bb management let big door open with so small noise and so few tenant ready if they were really in charge? doh.gif  at least i hope they were not, because if they were, means that even that magic is gone  shakehead.gif
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In restaurant and hotel franchise, owner/franchisee follow franchisor's sop, renovation, purchase, etc to give a consistent product. In shopping mall, franchise management have better experience in mall management, could attract but couldn't order/insist brands to open there. It is syok sendiri to expect dm to be like pavilion bb.

QUOTE(BeastB @ Feb 10 2016, 10:04 AM)
Err....yeah if you know what 'rubbing salt into wound' means, it's basically the same thing: disrespectful. It's well and good to point out facts about the place as many have done (positive and negative) but I see a few posters here actually expressing joy that the place is struggling right now. They know who they are. Which is just pretty low class mentality. I'm not vested there but that doesn't mean I want the place to fail and pointing out faults just to make myself feel better, what sort of bullshit thinking is that?  shakehead.gif
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In every investment, there are always some if not many people blinded by greed; alternative opinion would give a balanced and realistic view so more wouldn't fall into the trap.


This post has been edited by icemanfx: Feb 10 2016, 11:19 AM
icemanfx
post Feb 10 2016, 09:18 PM

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QUOTE(nexona88 @ Feb 10 2016, 07:01 PM)
More malls consolidation expected this year

http://www.theedgeproperty.com.my/content/...n-expected-year
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QUOTE(HELLO HELLO @ Feb 10 2016, 07:25 PM)
Malasiao mall increase like Kisiao 1. Over estimate Malaisao pipu spending power. Manyak Jlk Mall Managment treating retailers macam money printing sohem. Kisiao high rental. But no effort put in to sipot the tenant. Manyak malls will mati dry off slowly.
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jolokia can convert these to speciality malls like Syrian, Iraqi, Afghan, Iranian, West Africa, Bangladeshi, Burmese, Vietnamese, etc. Very soon, need to build more malls.

icemanfx
post Feb 12 2016, 09:45 PM

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QUOTE(FrozenEva @ Feb 12 2016, 08:22 PM)
Damen @ 5pm today
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Usj people were at work, school, kampung, sunway pyramid, empire subang jaua, ioi mall, on the way. You should go there when busy.

icemanfx
post Feb 12 2016, 10:00 PM

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QUOTE(FrozenEva @ Feb 12 2016, 09:50 PM)
I was in Damen from 5-7pm
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Those on the way was stuck in traffic jam. You know, usj is very ong area, quiet traffic no good for business, we should worry if no traffic jam.

icemanfx
post Feb 13 2016, 05:52 PM

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WITH an expected 17 million sq ft of shopping space coming into the Klang Valley from now until 2019, industry experts are concerned that this will result in an oversupply situation.

Khong & Jaafar group managing director Elvin Fernandez says the local retail sector is already “shaking out” with the level of supply at hand.

“Kuala Lumpur already has an average all time high of 7.5 sq ft of retail space per person, more than the average for Singapore and Bangkok. Big shopping centres like Suria KLCC and Pavilion are about 1.2 million sq ft each and 17 million sq ft is a very big number.”

“Yes, it is a clear oversupply situation.”

http://www.thestar.com.my/business/busines...opping-centres/

showtime747 for those miss the forest for the tree.



This post has been edited by icemanfx: Feb 13 2016, 06:06 PM
icemanfx
post Feb 15 2016, 11:36 PM

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QUOTE(Babizz @ Feb 15 2016, 10:27 PM)
paiseh wana take liao.. not big crowd aso.. only big crowd was namheong with some ppl hving to queue. next time i take namheong pic if i ever return, that is  brows.gif  brows.gif
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QUOTE(topearn @ Feb 15 2016, 11:07 PM)
Why big crowd at nam heong ? Don't tell me they extended the RM2 per meal promotion ?
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QUOTE(topearn @ Feb 15 2016, 11:32 PM)
U need to look at long term; offer meals at a loss when the shop just open as advertising. Many biz do that, some even give free meals.
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If dm could only attract rm2/plate crowd, doubt restaurants or cafe with regular price could sustain for long.


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