Mall is a dying biz or sunset biz

Beside ec1 is not landlock. Residents there are free to eat whatever they want. It wont brnefit the mall.

Likewise how the mall will bring up office suites above???
Its not mid valley or pavillion. Small size sovo always have capped over appreciation unlike premium residences.

Ya mall is dying fast. Even supermarket are folding up

Oversupply of shopping mall, disposable income rise slower than inflation, many are burdened by housing loan repayment and erosion by online purchasing.

This post has been edited by icemanfx: Aug 21 2019, 08:06 AM

Retailing in malls are long over. Retailers have shifted towards e-commerce, without the need to pay exorbitant rentals. Even F & B at malls are being challenged by delivery services by Grab Food, DeliveryEat and Food Panda. Not sure how long more before they crack

Many retailers in China shopping malls have closed; what's more in this country.

That's true. Let's see how long before we have those supermarket/departmental stores with IoT like China & Singapore. Staffs new role would be limited to task like restocking the shelfs and fulfilling orders within the nearby delivery zones.

And yet many still hope shopping mall could value add overpriced high rise nearby.

Sorry, can't help those delusional folks with mindset of yesteryears. Takes a while before they wake up and get on board the bandwagon.

More like they are on different bandwagon/boat.

This post has been edited by icemanfx: Aug 21 2019, 08:48 AM

grabfood also got their products from these restaurants lah…...biz still the same macam more takeaway less dine in. of course advantage is for individual setup restaurants then those in mall, but 90% of malls restaurants are franchises anywhere.

the only complaint restaurant got is their project margin has been slashed by 20 to 25% commission picked by grab. this is a huge margin foregone n they will have to make it up somewhere

Find most of the replies here are funny, everyone sound so smart af

Smart no, realistic yes. Funny or not, his wallet knows.

Great to hear opinion from different people here.. at least can see not everyone will then follow blindly as what property agent said or what developer wants the buyer to feel and think like

Ya, better look at realistic scenario than over the moon promises. End up abandon mall under the properties

How about you share with us your point of view. After all this is a forum to share ideas and opinion, unless your sole purpose being here is merely to judge our opinions. Let's hear it from you

The fact is, this mall had a few false/failed start in last few years. Until the mall is in operation, many retailer and eateries are unlikely to commit. Without enough retailers and eateries, the mall is unlikely will be popular with shoppers. If the mall is unpopular with shoppers, retailer and eatery are unlikely to be interested. This mall is almost certain gg by default.

Given there are a few office towers in the vicinity, the mall could become a lunch place for office bees.

NZelectric00

This post has been edited by icemanfx: Aug 22 2019, 09:37 AM

Is there an empire damansara thread or its dead already?

News News News!!!

This post has been edited by areas: Sep 12 2019, 10:25 AM

As if china capital control is lifted and hongkies are exodus in panic.

Has if china and hongkong people are dumb heads and will mop up unsold overpriced no one want location high end properties...