bump into a friend doing retail management, he mention DIY is moving out from the MALL. Not sure how true is it. Anyone know?
M3 Residency @ Taman Melati from RM350K, New Dev-Walking Distance to LRT/2 Edu In
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 Dec 25 2018, 11:59 AM
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856 posts Joined: Dec 2008  
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Dec 25 2018, 04:55 PM
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#2
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QUOTE(AskarPerang @ Dec 25 2018, 02:03 PM) Is a pity if is true. Been there once, really nothing inside. A lot of shops are close. Mr DIY should be after The Store and Texas Chicken that make ppl visit M3 Mall.  Empty mall will attract less patron, its very bad for the mall. |
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Dec 26 2018, 11:51 AM
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QUOTE(AskarPerang @ Dec 25 2018, 06:00 PM) Yes offer free parking to attract ppl to come. Really just to serve the local nearby flats community. Nobody gonna drive on purpose to this mall to lepak. Haha. Once the Quaza Mall operate next year, this will be a forgotten mall. yes. hard to revive. guess the spending power is not there combo with poor tenant mix. unless they can turn it to something special for crowd pulling purpose (eg 3d art, theme park concept, special theme floor, special theme toilet, artistic or futuristic design etc). otherwise hard to see how to turn things around.. |
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Dec 28 2018, 05:29 PM
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#4
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QUOTE(AskarPerang @ Dec 27 2018, 01:20 PM) Just visited. Nope. Mr DIY doing good over there at the moment. Not moving out. thanks for the info  |
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Jul 9 2019, 05:20 PM
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QUOTE(AskarPerang @ Jul 9 2019, 02:42 PM) For info, maintenance fees here just increased from 0.22 per sqft to 0.27 per sqft. (exclude 10% as sinking fund) omg this is too bad. cos of the mall not runnig well? Developer winding up. Not sure any liquidator taking over or not. Swimming pool also already out of service for almost 1 year. btw hows the occupancy rate? \ |
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Jul 9 2019, 05:27 PM
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#6
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QUOTE(AskarPerang @ Jul 9 2019, 06:23 PM) Occupancy rate is high. Many arabs staying here and they like this area. sometimes too many foreigner will also strain the rental for quiet a bit. Have some bitter experience with this tenant type though Willing to pay high rental of course compare to local tenants. quarza mall opening end of the year then m3 mall will really gg |
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