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Investment EKOCHERAS @ JALAN CHERAS (Ver 3) [MRT PROPERTY], Where Cheras becomes Mont'Jiulai

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soon9913
post Jul 15 2014, 07:14 PM

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QUOTE(CMW123 @ Jul 15 2014, 06:23 PM)
Convenience is not the main factor why a shopper would visit a mall, right? If it's your preferred mall, u wouldn't mind to drive few more minutes or go one station further...hehe

Got cinema does not mean the mall will be successful but have not seen many successful mall without a cinema...haha
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1Shamelin mall also got cinema.. Viva also get cinema, but not really "Ong"
PeriPeri2014
post Jul 15 2014, 07:20 PM

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QUOTE(soon9913 @ Jul 15 2014, 07:14 PM)
1Shamelin mall also got cinema.. Viva also get cinema, but not really "Ong"
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Viva Home not bad la......
Jagalat
post Jul 15 2014, 08:12 PM

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QUOTE(mybenz @ Jul 15 2014, 07:16 PM)
If you visit leisure mall and cheras sentral on weekend then u will know the difference
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This picture was taken two days ago (3-5pm) at the entrance of Cheras Sentral. Not all stores were opened. Some amount of visitors.
Not really bad for a restart. Hope it lasts.

user posted image

This post has been edited by Jagalat: Jul 15 2014, 08:13 PM
soon9913
post Jul 15 2014, 11:16 PM

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QUOTE(Jagalat @ Jul 15 2014, 08:12 PM)
This picture was taken two days ago (3-5pm) at the entrance of  Cheras Sentral. Not all stores were opened. Some amount of visitors.
Not really bad for a restart. Hope it lasts.

user posted image
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Is this your favourite mall at cheras now?
starex80
post Jul 16 2014, 12:44 AM

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Sat and Sun all restaurant in CS full.
Main lift also full.

Starting to get more crowd. Give it a time of year.

if you compare ss2 mall, you will feel really scary.
I just been there few weeks ago during Sat night.
Jagalat
post Jul 16 2014, 09:17 AM

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QUOTE(soon9913 @ Jul 16 2014, 12:16 AM)
Is this your favourite mall at cheras now?
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Not yet.
Just be there to observe how well CS is doing.
F&B is on track.

Noticed also there is also a Wong Kok CharChangTeng at CS.
Wonder if the Wong Kok at Leisure Mall still there.




lamode
post Jul 16 2014, 10:24 AM

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QUOTE(Jagalat @ Jul 16 2014, 09:17 AM)

Wonder if the Wong Kok at Leisure Mall still there.
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the one located opposite fitness firest leisure mall right?
yes, its still there. nod.gif
soon9913
post Jul 16 2014, 06:18 PM

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Too many malls are constructing now.... let see which horse can laugh until the end.. tongue.gif

This post has been edited by soon9913: Jul 16 2014, 06:18 PM
Jagalat
post Jul 16 2014, 06:26 PM

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QUOTE(soon9913 @ Jul 16 2014, 07:18 PM)
Too many malls are constructing now.... let see which horse can laugh until the end.. tongue.gif
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Hope the 4 malls deploy a similar strategy to target different levels of Cheras customer markets, like those in Bkt Bintang.
Most malls at Bkt Bintang are competing and also complementing with each other.
(Of course, one or two malls may appear "higher class", while one or two targeting "la la mui")

https://forum.lowyat.net/topic/2035030/+1519

soon9913
post Jul 16 2014, 06:31 PM

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QUOTE(Jagalat @ Jul 16 2014, 06:26 PM)
Hope the 4 malls deploy a similar strategy to target different levels of Cheras customer markets, like those in Bkt Bintang.
Most malls at Bkt Bintang are competing and also complementing with each other.
(Of course, one or two malls may appear "higher class", while one or two targeting "la la mui")

https://forum.lowyat.net/topic/2035030/+1519
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malls in cheras surrounding area that i can think of now i.e. Viva, Cheras Sentral, Youcity, Leisure mall, Ekocheras, 1Shamelin, Velocity, Jusco maluri, .. .........


soon9913
post Jul 16 2014, 06:35 PM

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I think malls complement each others i.e. Velo+Jusco+Ikea,

maybe ekocheras + leisure mall?...

but not sure how they can complement to youcity, cheras sentral, viva, 1shamelin?..

This post has been edited by soon9913: Jul 16 2014, 06:35 PM
neonikson1
post Jul 16 2014, 07:26 PM

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You need to have synergy to be successful. Smaller malls or isolated ones are hard to compete with the bigger or more comprehensive ones.

That gives another +1 to ekocheras because it is near leisure mall.
restful increase
post Jul 16 2014, 08:07 PM

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QUOTE(neonikson1 @ Jul 16 2014, 07:26 PM)
You need to have synergy to be successful. Smaller malls or isolated ones are hard to compete with the bigger or more comprehensive ones.

That gives another +1 to ekocheras because it is near leisure mall.
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If u go shamelim mall u will see that its a dead mall

restful increase
post Jul 16 2014, 08:08 PM

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Any of u buying eko titiwangsa also developed by ekovest. I got sms by ekovest today for registration

restful increase
post Jul 16 2014, 08:10 PM

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Dunno if this eko titiwangsa has strong selling points like ekocheras project?
Jagalat
post Jul 16 2014, 08:12 PM

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QUOTE(soon9913 @ Jul 16 2014, 07:35 PM)
I think malls complement each others i.e. Velo+Jusco+Ikea,

maybe ekocheras + leisure mall?...

but not sure how they can complement to youcity, cheras sentral, viva, 1shamelin?..
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Speaking of competition, I quote an example of how malls complete along the LDP.

Ikea+Curve+Ikano++, 1U, TCM, Paradigm Mall, Sunway Pyramid, IOI Mall, Setia Walk, One City, Main Place

Features:
- All are surrounded by residential area and Within walking distance(except IOI Mall)
- All have cinemas
- Most of them have F&B as foundamental sustaining business
- Most have grocery or hypermarket
- All of them are competing each other, except for the Ikea+Curve+Ikano area showing some complementing feature

If the malls along Jln Cheras are to compete like the malls along LDP, each mall needs to own at least above features
Just my raw observation. Me no knowledge in mall management.

This post has been edited by Jagalat: Jul 16 2014, 08:27 PM
CMW123
post Jul 16 2014, 08:12 PM

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QUOTE(lamode @ Jul 16 2014, 10:24 AM)
the one located opposite fitness firest leisure mall right?
yes, its still there.  nod.gif
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Business not bad wor and always see people finish exercise at fitness first then go there yum cha

HK cafe sure do well in Chinese area. Ekocheras buyer easily more than 95% chinese
restful increase
post Jul 16 2014, 08:13 PM

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QUOTE(soon9913 @ Jul 16 2014, 06:18 PM)
Too many malls are constructing now.... let see which horse can laugh until the end.. tongue.gif
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Even kl sentral has a new mall called Nu Sentral Mall.
Almost everwhr got mall..
CMW123
post Jul 16 2014, 08:18 PM

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Most valuable and relevant advice to a developer building a mall:

If it is not your area of expertise in mall management like Sunway taikor, pls get an expert. They need to be involved during the concept n building plan design stage...not when the mall is about to complete then only engage them to fill up the space. If u do not do it right from the beginning n create a bang with the right tenant mix filling up the mall upon opening, don't dream of miracle happening...u lose more trying to fix it later when the damage has been done
neonikson1
post Jul 16 2014, 08:18 PM

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QUOTE(restful increase @ Jul 16 2014, 08:13 PM)
Even kl sentral has a new mall called Nu Sentral Mall.
Almost everwhr got mall..
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That's urbanisation man! Just imagine singapore, lots of mrt stations is linked to a malls.

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