Gimmick to lure crowd to visit here, once stable, offer gone and rate revised.

IOI city mall is good example. high parking rate now less crowd

IOI city mall parking rate like malls in KL. I went for 3 hours very shocked to see the parking fee

yeah, very siao.

now i take the free shuttle bus from serdang ktm to this mall.

how much is the revised parking rate? it's been a long time since my last visit to IOI City Mall

but i heard people still said that this mall is doing well..

still doing ok but lesser crowd.

http://parking.com.my/item/ioi-city-mall-putrajaya/

teco still offering deduct 1 hour parking rate for purchase >rm20

put more pokestop in da men, im sure will increase the traffic flow into the mall. more flow more biz.

my office is pokemon stop.

crazy, every 5 minutes got free ballz and eggs just sitting in my room, wahaha

What's the parking rate now in IOI City Mall ?

Attention, shoppers: Malaysia’s malls need you

By Al Gerard de la Cruz on August 8, 2016

Delayed mall openings, growing e-commerce — the brick-and-mortar shopping experience is gloomier than usual in Malaysia

Malaysia’s shopping scene is now at a crossroads, with new malls being delayed from opening and existing ones closing altogether. In fact, the situation has become so bad that retail consultants actually hark back to the Asian financial crisis of the late 1990s.

“After 1998, things were back up pretty fast,” Savills Malaysia managing director Allan Soo told The Edge Malaysia. “This time is the toughest. There are more variables, more competition and real oversupply issues. It’s going to be much harder work.”

All across the peninsula, a lethal combination of fickle consumers and a glut in retail space is doing a disservice to shopping mall operators. The rise of online shopping also seems to serve as the nail in the proverbial coffin.

In Kuala Lumpur, the Melati Mall, a MYR670 million (USD166 million) joint venture between Sime Darby Property Bhd and CapitaLand Malls Asia, will delay its opening this year to the second quarter of 2017. “Design planning and current headwinds” allegedly caused the postponement, reported The Edge Markets.

In Penang, the Perda City Mall shuttered at very short notice, giving tenants only a day to close shop. It had been in business for only 18 months in total.

In a report by National Property Information Centre, an oversupply seems to be creeping up on Malaysian retail space. Around 16.2 million square feet in retail space is being developed around the country, to say nothing of the 148.85 million sq ft already in existence.

Yet the average occupancy rate for Kuala Lumpur and Selangor malls stood at 82 percent and 79 percent, respectively, in 2015, compared with 83.2 percent and 81.7 percent in 2014, Henry Butcher Malaysia reported.

Not factoring in anchor tenants, the average monthly rents in Kuala Lumpur also fell last year to MYR12.09 (USD3) psf from MYR13.03 (USD3.23) psf.

Running parallel to the pressures on brick-and-mortar malls is the rise of e-commerce. In a recent survey by PricewaterhouseCoopers, half of Malaysian shoppers were found to have bought something online at least once a month. Only 7 percent of the respondents never shopped online.

can refer to post #505 for details

Ya I was surprised last week driving out using my tng from ioi city. Rm5.5+ for 3 hours+... Feel like going mid valley

This post has been edited by ahkit123: Aug 8 2016, 09:21 PM


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They accept TnG as pymt?

how is the crowds in the weekend?

Wow d weekend rate first 2 hours more expensive than pyramid?

pokemon effect

http://tantannews.com/新闻头条/社会动态/235452

if mall management clever .. very hour let pokestop open flower

I know the owner who is selling the Corner Shophouse at Da Men..

http://parking.com.my/item/ioi-city-mall-putrajaya/

refer here

go tesco there to get 1 hour off with min purcahse rm20. sometime they request your slip sometime no

so after the revised parking rate, IOI City Mall's crowd is lesser even on weekends?

what i noticed, yes. even GSC also less crowd. maybe the seating not nice.

for same parking rate, i rather go MV+Garden