well, consumer might have switched to online shopping too, this new normal phenomenon will spill over to post covid reality, you never know
M Reits Version 7, Malaysia Real Estate Investment
M Reits Version 7, Malaysia Real Estate Investment
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Feb 5 2021, 10:28 AM
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well, consumer might have switched to online shopping too, this new normal phenomenon will spill over to post covid reality, you never know donhay liked this post
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Feb 6 2021, 11:58 AM
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QUOTE(cherroy @ Feb 5 2021, 04:11 PM) Have small position on it after it acquired Pg property. agreed, been collecting IGB for months now haha. Online shopping won't entire replace brick and mortar shopping. Both will co-exist, Malls needs to restructure to something online won't able to give, typically dining experience, cinemas, leisure activities, certain clothing buying experience. But for secondary malls, it is going to be tough, so need to be selective, preferably on top premium malls that hard to be replaced and always consumers prefer destination. for secondary malls it would be a few tough years ahead of them, i think most either go to well known malls, or those have their financial capability affected will shop at more affordable market . so they're left in the middle. |
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