I also hope to get insider's new.
Here is what I guess (my opinion only, no need to agree)

1) Market opportunity
After Leisure Mall (LM) cinema and for the past 20 years, GSC has expanded its business almost every where in KV but not Cheras.
The nearest GSC to LM, are MV and BTS. With only 4 halls and its "status quo" facility(seat layout, flat-slope floor, screen up), LM is considered not on par with other GSC cinemas (stair-ed floor seats, Dolby Atmos, THX).
Most new cinemas are with 8-13 halls nowadays. Can 4 halls still cope for the market?
All the cinemas quoted in this post are non-GSC brands.

2) Competition or Complementary
If a non-GSC cinema is to operate at EKC, it is a direct competitor to GSC Leisure Mall(LM)
With only 4 halls and current facility, can GSC compete with other brands within this MRT station?
Will patrons prefer a newer EKC cinema in walking distance?
On the other hand, if GSC enters EKC, the business can be operated like siblings complementing each other.
I quoted these GSC siblings examples several times eg, MV/Gardens and BTS/Pavilion. Each cinema are complementing the other.
Perhaps GSC can operate in the same way while GSC EKC in higher tier/better facility.
Likewise, if GSC LM tickets are fully sold, people can walk to EKC for tickets, and vice versa.


3) MRT factors
People from a few stations away, towards Kajang direction (I know Kajang and Cheras Selatan have cinemas), eg, Cheras 9-11 miles, will have more choice of cinemas besides TGV.
In fact, LM/EKC it is just one MRT station away from Cheras Sentral.
Looking at cinemas in a new upcoming mall at Cheras, (Cheras Senratl-TGV, Velocity-TGV) EKC is the last available slot.

I do not know if GSC is considering the above factors. But I hope they get to read this forum.
In fact, if they came to to the nego stage(regardless if the deal is closed/sealed), GSC has at least trying its best to look for Cheras opportunity.

This post has been edited by Jagalat: Aug 13 2015, 03:40 PM

Jagalat-kor, very good and detailed analysis above. Thanks.

MV is standard GSC cinema + gold class.
garden is GSC signature cinema a standard 1 ticket can up to rm50+ above.
2 tikets cincincaicai above RM100++ (for standard movie without 3D some more) only better spacious seat.

This post has been edited by HELLO HELLO: Aug 13 2015, 06:04 PM

Hello hello gor, mv no longer Hv gold class, all move to gardens signature gsc. From gold class to premier class, I hv cross check gsc management. They will upgrade the leisure mall seat and their movie system, other than that whether they going to venture into EKC, chances are slim.

yawor thanks for remind.
recently baru sudah pigi mv few times for movie... also forget liao they change liao.
still have the old mv cinema in my mind.

at garden signature gsc no play play.
saw manyak high spending power local pipu there willing to pay that much for movie.
manyak amok young teenager also like to watch in garden signature gsc.

to have signature gsc cheras here...susah.. don't think manyak willing to pay that much.
mindset belum sampai that lvl... if not wrong pavilion kl also tak ada signature gsc.

This post has been edited by HELLO HELLO: Aug 13 2015, 07:33 PM

Not meaning signature will come to Cheras la. But the sibling model is potential.
Anyway, too early to predict now...

Hehe no worry hello hello gor, yup gsc signature garden really pack when block buster movie is on show.

Well who knows maybe in future cheras will reach that status hehehe.

But is good too if gsc really can open it's new cinema at EKC, let's looks forward for EKC to rise from the ground. N change the view of jalan cheras, really going to be spectacular. Now you city taking shape, cheras getting more n more exciting this few years.

MyTown confirmed have GSC d, will GSC still masuk EKC? i dunno but i hope so.
btw MyTown open end of next year.

Great to hear that.
Earlier we were trying to identify which cinema will be operating at MyTown. How many halls will it be?

MyTown is not really located at Jln Cheras but for sure it will reduce the possibility of GSC to EKC.

Anyway l will still hope GSC to expend its business at EKC.

Bro, you have been posting the same message across multiple forums....
Wish you all the best!

Nowadays you can get RM500k coverage for death/tpd with just RM250/monthly at 30 years old, best of all, you can settle your loan earlier within 13 years

Just got this letter today. Look like everything on schedule.
 Letter.pdf ( 70.33k ) Number of downloads: 143

Thanks Bouch boss for the letter.

At least buyers get to know periodic update from the developer.

Thanks all buyers for your effort to feedback to the developer either directly or indirectly.

My personally believe my town will success than velo, brand new "area" compare to Maluri, cannot imagine those area next to velo... Mess man

Cheras sentral cinema seem doing well recently. Can feel more supporter than before

Ekc is Managment by Savills, anyone know about this company ?

I'm based in London and the name sounded familiar, googled it and indeed, its headquarter is in London. Seems like a fairly big global real estate firm, listed on FTSE250 stock exchange.

Things are looking fairly promising by the look of things but keep up with the updates. Appreciate the input from all of you guys.

New development may be coming at the area beside velocity, as reported by ptlm

Hi ekorjiulai boss, glad to hear that the Savills sounds familiar to you.

If possible, can you help to observe more details if Savills mostly manages which types of malls, whether they manage highend mall (eg Pavilion here) or mid range (eg MV, 1U) or ordinary shopping complex(eg Sg Wang)?
This way, we can have a prelim impression of EKC mall will likely to be.
Thanks a lot

This post has been edited by Jagalat: Aug 15 2015, 09:27 AM

Did some research and it seems that they manage a wide range of retail management from low to high end malls. They currently manage:

113 shopping malls
636 retail parks (i.e. street shopping concept)
87 leisure schemes

UK shopping scene is somewhat different whereby it is mostly street based shopping rather than indoors (ie shopping malls). However, I did manage to find 2 example shopping centres that they have been appointed as the management:

Princesshay shopping centre (anchor: john lewis, debenhams, next)
Fort shopping centre (anchor: Marks & Spencer)

John Lewis is an upper end department store (similar to Robinsons in The Gardens). Debenhams is a bit like aeon/metrojaya. M&S is somewhat in between. Next is a retail outlet which sells clothes etc. and is slightly higher than H&M.

Based on these findings, I would suspect that they tend to manage malls around Midvalley standards. But then again, it depends on the demographic as well and mall size. That said, they have also been appointed to advise (but not manage directly) Westfield London (ie. probably one of the biggest shopping malls in London and arguably Europe) on identifying prime shopping centre facilities (ie. acquisition).

So it seems like Savills is a good all rounder real estate management firm (as you would expect given the size of the company).

very apt analysis.. sunwai already suffering with putra mall n mytown location n access is MUCH better...

jus imagine, after shopping in ikea will u go to the connected mall or will u go 500-700m to velocity?? maluri is really a SLUM.. at least the ikea area is at the edge..