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 Renting in Shopping malls?

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shaniandras2787
post Jan 10 2017, 05:48 PM

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QUOTE(Cloud2322 @ Jan 10 2017, 03:54 AM)
I have a few questions here about shopping malls rental.
Wanting to run a F&B business.

Places that I am interested in is,
1) Midvalley
2) 1 Utama
3) Sunway Pyramid

Questions,
1) What is the contract requirement? How long do I need to rent the space for?
2) How much does these place averagely cost?
*
Depending on whether you are referring to kiosks or the shop lots itself. If you looking at shoplots then it's going to costs you at least a sum of between RM6k to RM8k monthly for the highest floor with less audience (usually determined by the management company on whether it belongs to a "go-to" floor).

Not sure how much rent a shoplot on the ground floor currently costs in the aforesaid malls but for what I know, a ground floor shop lot in IOI City Mall costs RM18k monthly.

For kiosks itself, it's going to run you slightly cheaper, about half of the costs you would paid for a shop lot.

Contract term varies from a year, two years but never more than three.

This post has been edited by shaniandras2787: Jan 10 2017, 05:50 PM

 

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