Lambakan Mall punca jumlah unit di sewa hanya 40 peratus

R2D2

Malls facing meltdown as glut continues
Wednesday March 14, 2018

KUALA LUMPUR, March 14 — True occupancy rates in Klang Valley malls may be as low as 40 per cent in some areas, according to a Financial Times (FT) article cataloguing the country's continued obsession with building more shopping space despite chronic oversupply.

Discounting the five premier malls in the Greater Kuala Lumpur area — Suria KLCC, Pavilion, Mid Valley, Sunway Pyramid and 1 Utama — the FT said the retail sector was slowly edging towards a crisis exacerbated by a shift towards e-commerce.

Online retail rose by more than a fifth last year as Malaysians become more accustomed to shopping from the comfort of their homes, and the impact on physical sales has become more apparent with time.

“On-the-ground evidence also suggests that mall operators are still struggling. Many have resorted to providing generous offers to prospective tenants, including year-long rent-free packages. However, such measures have yet to stem the bleeding,” the FT said.

The FT said 18.3 per cent of respondents in its survey of 1,000 shoppers said they planned to make fewer trips to shopping malls in the next 12 months; in KL, this was 22.2 per cent of respondents.

Data from the National Property Information Centre (NAPIC) also showed that another 15 per cent will be added to existing mall space this year.

The agency predicted that total occupancy may dip below 86 per cent, but the FT believed that the extent of the problem was skewed by the success of the five premier malls.

Taking these out of the equation meant that more than one in five stores would be vacant.

“Smaller and newer malls are failing to attract enough retailers or visitors despite locations in dense, affluent areas.

“Entire floors in some malls are now unoccupied, a scene largely unfamiliar before 2015,” the FT said.

While the Malaysian Retail Association reported that total physical retail grew 2.2 per cent to top RM100 billion last year, the FT calculated that 9.6 per cent of this was generated by just three malls: Suria KLCC, MidValley Megamall and The Gardens.

With the seemingly perfect storm of a retail space glut and an accelerating shift away from brick-and-mortar stores, it predicted that malls will attempt to reinvent themselves to cope.

Some malls were already attempting to cope by retooling themselves to offer the currently trendy “co-working spaces”, while another developer has all but abandoned a mall it completed in Petaling Jaya in 2015.

“Unless the retail situation improves, we think small malls will go through a period of consolidation and closures,” it said, when predicting that lager players will now have a field day picking off the struggling competitors.

AbukRokok

too much mall...same shop....

cmf_premierleag

Masuk mall sbb nak tumpang ekon jah

moonbug

Developer syok sendiri, oversupply tapi demand takde. Tu pun sana sini still naik mall baru

syafarah_2k

Buat port budak2 sekolah lepak2 n dating2 je..for  family lepak2 hjg mggu sambil mkn2 n window soping

DARSITA

Aii tak boleh masuk mall besar besar -- SESAT! Satu lagi tak suka parking space yang kecik tuit.

Pertama kompleks pernah jejak kaki sekali jer sbb zmn dulu kedai jual jacket kulit banyak di situ. Lain lain mall minta maaf lah mmg tak pergi. Dah guane depa nak dpt untung kalau ramai costumer yang sama peel mcm aii ni?

Dah tua ni apa barang sangat lah nak beli kan?

iwan007

AbukRokok replied at 14-3-2018 11:25 PM
too much mall...same shop....

Kan. Balik2 kedai yg sama. Brand outlet, padini, H&m, cotton on. Dlm semua mall mesti nak ada kedai2 ni. Yach

iwan007

Sekarang kan konsep atas residence. Bawah tu mall kan.  Develeopr ni igt org nak menyoping 24/7  ke buat mall byk2 ni? Kebanyakan semua mall2 baru kat klang valley sendu di aidilfitri yach!

Mall2 lama jugak yg tetap ramai org berkuntum mcm sunway pyramid, ou, mid valley, klcc

gekkou

ramai dah resort to online shopping aje
pegi mall nk bawak family sambil cuci mata aje
makan pun setakat ice cream murah jer cukup
asal anak2 happy
selain dripada tu sekali sekala pergi mall untuk tengok wayang
membeli belah bukan lagi satu kewajipan
duit banyak nk guna untuk benda lain
kasihan juga para peniaga ni

jazaa100

iwan007 replied at 15-3-2018 07:21 AM
Sekarang kan konsep atas residence. Bawah tu mall kan.  Develeopr ni igt org nak menyoping 24/7  ke  ...

Iya.....

Skrg dorang buat bawah mall, pastu office, pastu baru residence.....

shernazz

Erm...
Semua tmpt ada benda sama
Padini..brand outlet..kfc..mcd..
Iols cari kedai scholl masih x jumpa
Sapa tau ? Sebab iols memerlukan selipar n scholl je yg bertahan dgn iols yang ganas neh

iwan007

shernazz replied at 15-3-2018 09:56 AM
Erm...
Semua tmpt ada benda sama
Padini..brand outlet..kfc..mcd..

Paradigm mall kelana jaya ada scholl sis. Pi la situ

iwan007

jazaa100 replied at 15-3-2018 09:55 AM
Iya.....

Skrg dorang buat bawah mall, pastu office, pastu baru residence.....

Kan mcm paradigm mall, atria, kl eco city semua buat mall dulu. Tp kat area icity diorang buat residence dengan office dulu baru buat mall. I suka klang valley mcm2 ada. Tp rimas dengan kesesakan

Changa

ioi city mall dan dpulze prosper jah walaupun berdekatan. yang affected teruk lepas ioi city mall buka adalah alamanda. banyak kedai katup, sekarang heshe tengah.make.over lite lite nak buka satu area makan yg besar.

Changa

gekkou replied at 15-3-2018 07:21 AM
ramai dah resort to online shopping aje
pegi mall nk bawak family sambil cuci mata aje
makan pun s ...

online shopping most of the time lagi murah dan senang nak cari rare item yg kita nak beli.

shernazz

iwan007 replied at 15-3-2018 10:29 AM
Paradigm mall kelana jaya ada scholl sis. Pi la situ

Ada lagi ek
Lama iols x pi situ..
Ioi puchong dh xdek..
Ok..esok iols cikcur situ lah

spiderman80

There are like a few hundreds of malls in the Klang Valley, but only less than 10 that are considered good quality to shop.
Spidey prefers The Pavilion, Suria KLCC, Mid Valley Megamall, The Garden, Sunway Pyramid and the nearest to home which is just a mere 2 minutes drive, Setia City Mall. Can't wait for the second phase.
Oh wait, there's ICentral Mall coming @ ICity.
Yahoo!a

wafeloren

i g shopping mall for the sake nk jalan2 jer. sebab kalau nk berjalan kat taman panas litlit. sambil tu boleh la cuci mata. iols boleh consider kedai yang buat sale je. tu pun tengok harga tu mmg harga tu ke atau betul2 sale. macam hari tu jalan2 jumpa suit baby rm 15 after sale  kain sedap jenama ape tah. terus i rembat.