17 SHOPPING MALLS OPENING IN KLANG VALLEY IN 2015, Overheating? 13 malls opened in 2014 Investment
17 SHOPPING MALLS OPENING IN KLANG VALLEY IN 2015, Overheating? 13 malls opened in 2014 Investment
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Apr 20 2014, 12:19 AM
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All Stars
10,775 posts Joined: Sep 2009 From: Kuala Lumpur, Singapore |
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Apr 20 2014, 12:37 AM
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Senior Member
5,436 posts Joined: Jan 2011 |
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Apr 20 2014, 12:45 AM
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All Stars
20,792 posts Joined: Jul 2012 |
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Apr 20 2014, 12:48 AM
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Junior Member
443 posts Joined: Feb 2012 |
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Apr 20 2014, 01:38 AM
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All Stars
10,278 posts Joined: Dec 2009 From: Malaysia |
QUOTE(icemanfx @ Apr 20 2014, 12:45 AM) not sure how true it is but in the old days, fast food outlets were people magnet or rather they bring in the crowds to the mall due to familiar names. thus malls need them more than the fast food outlets need the mall. knowing this fact, fast food outlets always demand low rents. lately, it is reversal as malls nowadays no longer rely on fast food outlet that does not pay good and high rental rates. thus begin the declination of fast food outlets presence in mall. and it would also seems brands like McD also were given orders to scout for standalone outlets nowadays rather than operating in shoplots or malls. |
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Apr 20 2014, 07:44 AM
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Senior Member
3,765 posts Joined: Mar 2012 |
Nothing beats cyberjaya which will have 15 malls
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Apr 20 2014, 07:58 AM
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All Stars
10,722 posts Joined: Nov 2011 |
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Apr 20 2014, 09:32 AM
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Senior Member
1,936 posts Joined: Oct 2011 From: KL |
CBJ got 15 shopping malls? All undercon?
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Apr 20 2014, 09:43 AM
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Senior Member
3,274 posts Joined: May 2013 |
QUOTE(kochin @ Apr 20 2014, 01:38 AM) not sure how true it is but in the old days, fast food outlets were people magnet or rather they bring in the crowds to the mall due to familiar names. People like drive thru since it's convenient & lack of parking lot in mall is another issue, fast food outlets in Mall business is better during weekends while so so during week days, shop lot & drive thru can operate 24 hours & serve breakfast while mall r limited to like 12 hours, your theory of mall reluctant to rent to fast food outlets due to lower rent show you r not ib the business.thus malls need them more than the fast food outlets need the mall. knowing this fact, fast food outlets always demand low rents. lately, it is reversal as malls nowadays no longer rely on fast food outlet that does not pay good and high rental rates. thus begin the declination of fast food outlets presence in mall. and it would also seems brands like McD also were given orders to scout for standalone outlets nowadays rather than operating in shoplots or malls. Oh ya u will says how do i know u not involve or not involved in fast food & mall business, answer is i am somewhat involved in both business. .wakakaka |
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Apr 20 2014, 10:30 AM
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Senior Member
3,765 posts Joined: Mar 2012 |
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Apr 20 2014, 10:53 AM
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All Stars
10,722 posts Joined: Nov 2011 |
QUOTE(jolokia @ Apr 20 2014, 10:43 AM) People like drive thru since it's convenient & lack of parking lot in mall is another issue, fast food outlets in Mall business is better during weekends while so so during week days, shop lot & drive thru can operate 24 hours & serve breakfast while mall r limited to like 12 hours, your theory of mall reluctant to rent to fast food outlets due to lower rent show you r not ib the business. Wow!Oh ya u will says how do i know u not involve or not involved in fast food & mall business, answer is i am somewhat involved in both business. .wakakaka Best post of the month. Like |
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Apr 20 2014, 11:39 AM
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All Stars
20,792 posts Joined: Jul 2012 |
Malls that sold their units have difficulty to control tenants mix, unlikely to do well if compared with fully tenanted malls. |
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Apr 20 2014, 11:40 AM
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All Stars
20,792 posts Joined: Jul 2012 |
Double posted, please delate, thanks
This post has been edited by icemanfx: Apr 20 2014, 11:41 AM |
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Apr 20 2014, 11:52 AM
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All Stars
10,775 posts Joined: Sep 2009 From: Kuala Lumpur, Singapore |
QUOTE(jolokia @ Apr 20 2014, 09:43 AM) People like drive thru since it's convenient & lack of parking lot in mall is another issue, fast food outlets in Mall business is better during weekends while so so during week days, shop lot & drive thru can operate 24 hours & serve breakfast while mall r limited to like 12 hours, your theory of mall reluctant to rent to fast food outlets due to lower rent show you r not ib the business. This one I agree...Oh ya u will says how do i know u not involve or not involved in fast food & mall business, answer is i am somewhat involved in both business. .wakakaka |
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Apr 20 2014, 06:50 PM
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All Stars
10,278 posts Joined: Dec 2009 From: Malaysia |
QUOTE(jolokia @ Apr 20 2014, 09:43 AM) People like drive thru since it's convenient & lack of parking lot in mall is another issue, fast food outlets in Mall business is better during weekends while so so during week days, shop lot & drive thru can operate 24 hours & serve breakfast while mall r limited to like 12 hours, your theory of mall reluctant to rent to fast food outlets due to lower rent show you r not ib the business. You are right for the convenience of operating one's own outlet. But am not sure standalone outlet would have more parking than a mall though.Oh ya u will says how do i know u not involve or not involved in fast food & mall business, answer is i am somewhat involved in both business. .wakakaka Fast food chains such as pizzas, ice creams, etc have sorta fixed operation time that does not have demands on early mornings or late night does not need to scout for shop lot operations. While mcD have approach us before for lease, we have flatly rejected them due to their space demand and maximum rent offered. But I have to admit I am not entirely in this business but am not entirely convinced of your explanation. Thanks for sharing. |
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Apr 20 2014, 07:09 PM
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Senior Member
5,436 posts Joined: Jan 2011 |
QUOTE(kochin @ Apr 20 2014, 06:50 PM) You are right for the convenience of operating one's own outlet. But am not sure standalone outlet would have more parking than a mall though. major fast food still many mall favor. they are macam milo.Fast food chains such as pizzas, ice creams, etc have sorta fixed operation time that does not have demands on early mornings or late night does not need to scout for shop lot operations. While mcD have approach us before for lease, we have flatly rejected them due to their space demand and maximum rent offered. But I have to admit I am not entirely in this business but am not entirely convinced of your explanation. Thanks for sharing. as kedai runcit or grocery owner. when milo coming. is non nego situation. u need to give them good space and well visibility for their milo product. with low price rate space for milo. u only diam diam ok. if not milo no come in. jialat also. macam mcd, kfc ..etc those major food brand.. they are 1 of the crucial centre of magnet of a mall. with them to do the crowd pulling into the mall and increase the traffic flow. give confident to other shop tenant too. when the crowd are here and increasing...chansi to close deal also higher. same goes to some big fashion brand macam zara. some mall need to pay or share the reno cost. if they want zara to come in. most important mcd, kfc price are very competitive and still affordable for many shopper. not many food stall can compete with them. This post has been edited by HELLO HELLO: Apr 20 2014, 07:16 PM |
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Apr 20 2014, 07:09 PM
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Senior Member
3,274 posts Joined: May 2013 |
QUOTE(kochin @ Apr 20 2014, 06:50 PM) You are right for the convenience of operating one's own outlet. But am not sure standalone outlet would have more parking than a mall though. Ok lah I let u win again loh ! if not u cannot sleep tonight then tomorrow Monday blue. . lolFast food chains such as pizzas, ice creams, etc have sorta fixed operation time that does not have demands on early mornings or late night does not need to scout for shop lot operations. While mcD have approach us before for lease, we have flatly rejected them due to their space demand and maximum rent offered. But I have to admit I am not entirely in this business but am not entirely convinced of your explanation. Thanks for sharing. As said shop lot area allow 24 hours operation, some r drive thru outlets, myself seldom eat breakfast or supper for fast food but once or twice visiting during those hours I am so surprised that I had to line up in long dragon just to buy fast food ..lol U be surprised that the best business outlets r not in Mall but at shop lot at housing area. If housing area don't really need parking also mah many r walking distance some more can home deliver also. As I said fast food franchise no longer see mall as their priority to set up new outlets. |
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Apr 20 2014, 07:17 PM
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Senior Member
3,274 posts Joined: May 2013 |
QUOTE(HELLO HELLO @ Apr 20 2014, 07:09 PM) major fast food still many mall favor. they are macam milo. Not really lah ! People do not go to mall just for fast food nowadays, which one of us doesn't have fast food outlets nearby our home, people go to mall for shopping & fast food is more like grabbing a quick bite, I would rather eat something I can't get near my house.as kedai runcit or grocery owner. when milo coming. is non nego situation. u need to give them good space and well visibility for their milo product. with low price rate space for milo. u only diam diam ok. if not milo no come in. jialat also. macam mcd, kfc ..etc those major food brand.. they are 1 of the crucial centre of magnet of a mall. with them to do the crowd pulling into the mall and increase the traffic flow. same goes to some big fashion brand macam zara. some mall need to pay or share the reno cost. if you want them to come in. Where got mall give so good deal, some more reno can only do during night time incurred extra labour cost, some mall a lot of rules & regulations, some can only use their specified contractors, as I said mall no longer fast food outlets priority. This post has been edited by jolokia: Apr 20 2014, 07:21 PM |
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Apr 20 2014, 07:24 PM
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Senior Member
5,436 posts Joined: Jan 2011 |
QUOTE(jolokia @ Apr 20 2014, 07:17 PM) Not really lah ! People do not go to mall just for fast food nowadays, which one of us doesn't have fast food outlets nearby our home, people go to mall for shopping & fast food is more like grabbing a quick bite, I would rather eat something I can't get near my house. ya ya. but without them macam incomplete. and after shop also many people love to go.but mall in mcd still sibeh many people. as "international food". those tourist came. worry about food sensitive. lousai. better go mcd. chansi lower. not only some local still love. tourist also love it. for some safety reason. non food or food tenant also love to open shop near them. macam we go oversea at india or china.. Easy and carry... i think i go for mcd...if got any around...for food safety reason. Low chansi food poison. price still sibeh low. also as a landmark of shopping centre.... "where to meet" "meet at mcd". U dunno where MCD. Ask people around also High chansi u get the right answer where it locate. is not overall centre of magnet.... is part of the important element for a mall sometimes. Macam milo. Not all go want buy Milo. Can buy at runcit it place around u. But if runcit or grocery tak ada Milo macam something not right. Macam Already in print in our DNA or a mall dna This post has been edited by HELLO HELLO: Apr 20 2014, 08:50 PM |
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Apr 20 2014, 10:13 PM
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All Stars
10,278 posts Joined: Dec 2009 From: Malaysia |
QUOTE(HELLO HELLO @ Apr 20 2014, 07:09 PM) major fast food still many mall favor. they are macam milo. True which is why most new malls do not have those signature KFC or mcD liao.as kedai runcit or grocery owner. when milo coming. is non nego situation. u need to give them good space and well visibility for their milo product. with low price rate space for milo. u only diam diam ok. if not milo no come in. jialat also. macam mcd, kfc ..etc those major food brand.. they are 1 of the crucial centre of magnet of a mall. with them to do the crowd pulling into the mall and increase the traffic flow. give confident to other shop tenant too. when the crowd are here and increasing...chansi to close deal also higher. same goes to some big fashion brand macam zara. some mall need to pay or share the reno cost. if they want zara to come in. most important mcd, kfc price are very competitive and still affordable for many shopper. not many food stall can compete with them. Paradigm, tropicana city mall, viva home mall, etc does not seem to carry these brands. It is a tussle between them. Fast food wants prime space with cheap rents. Malls wants profit. If neither can strike a deal, it is a no go liao lor. Ever hear the story of mcD in Klcc? Remember the first few years there were no mcD in Klcc? |
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