In 2018 if the few malls under construction can be completed or not a big question mark, there will be elements mall, imperio mall, harbour city mall, pulau melaka mall (not sure the name of it yet) these are within 500 metre radius, mahkota parade, dataran pahlawan, hatten square, vedro mall, the shore. In total which comes to 9 malls in within 3km radius. I guess this information is good enough for you to figure out whether these malls can sustain or not.

1. Is there really that much tenant to fill up all these malls?
2. Is melaka population of aproximately 1 million by now and are these numbers sufficient enough to support the local business?

The sales personnels always use tourist arrivals of 15 million a year as a selling point for any of their projects which makes no sense at all. Most of our tourist arrivals are locals from penang, JB, KL. If they were to shop, why would they want to or need to shop in melaka malls as their own local state has all the brands they need back home. Singaporeans wouldnt want to shop for branded items or mid range brands in melaka as they can get it cheaper in their country and latest arrivals products.

During weekends dataran pahlawan mall is heavybwith human traffics, mostly tourist just to enjoy the air cond after a hot sunny day touring from jonker walk or the red house. The F&B shops may still be able to sustain their business. How about the others, how many real shoppers can you note. Dont be blinded by the huge traffic during weekends, if you would to invest in any of the retail lots, try doing a survey asking some of the tenants running a business in dataran pahlawan, im sure you'll hear some fantastic feedbacks.

Thats all for today.