Shop Till U Drop - Malaysian Shopping Malls [Archive]

pedang

May 14th, 2008, 05:06 AM

Hey, BIG SPENDER: RM67 billion - That’s how much Malaysians and tourists spent on shopping last year...
By : Vasantha Ganesan

http://www.nst.com.my/Wednesday/Frontpage/2239975/insidepix1

KUALA LUMPUR: Malaysians and tourists spent nearly RM67.1 billion last year, a 12.8 per cent growth from 2006, and the fastest growth in 16 years.

The forecast for this year is RM71.8 billion in retail sales.

Most of the purchases last year involved shopping at specialty sub-sectors (such as toys, fitness equipment and optical products) and fashion and fashion accessories.

The latest Malaysia Retail Industry Report also showed that the other beneficiaries of the consumer ringgit were department stores such as Parkson and Metrojaya, and department store-cum-supermarkets such as The Store and Jusco.

Consumers were also driven to buy during the Mega Sale carnival, and civil servants who received an increment also spent more. Tourists accounted for 10 to 12 per cent of sales during Visit Malaysia Year 2007, the report added.

Aggressive expansion of retail stores and the opening of four mega malls (Pavilion, The Gardens, Sunway Pyramid extension and AEON Bukit Tinggi) widened both the retail pie and reach to consumers.

"Malaysian consumers did not cut down on their spending although prices of food (take-away food and meals at food and beverage outlets) and groceries (milk and meat) increased last year due to higher raw material prices as a result of higher oil prices," the report said.

The quarterly report is tabulated by Retail Group Malaysia (RGM) on behalf of the Malaysian Retailers Association. The data takes into account all sales in Malaysia, excluding big ticket items like houses and cars.

RGM managing director Tan Hai Hsin cautioned that the impressive growth numbers for last year was not an indication of recovery for the retail industry, as consumer confidence was likely to dip and result in a tightening of purse strings.

RGM expects consumers to spend cautiously and projects that retail growth will only be about seven per cent this year.

Tan said that the surging costs of daily staples and the imminent rise in fuel price may see an impact on spending in the second half of the year.

RGM pointed out that Malaysia was fortunate that the food crisis was not an economic crisis.

rizalhakim

May 14th, 2008, 05:55 AM

Style and glamour on the catwalk
By LIM CHIA YING

STYLISH black and glamorous gold were celebrated at The Curve's Fashion Week recently as models sashayed down the runway in designs by tenants of the shopping mall.

To reinforce the theme of “Black & Gold”, the runway was dressed in chic black, and splashed with glittery gold features. Even the sofas on which the guests and press members sat were not spared from the gold “dressing”.

In a prelude to the evening of fashion and music, shoppers got a glimpse of the show ahead with a “mannequin masquerade” with “live fashion mannequins” parading outfits from the different fashion brands on stage and at the centre court.

http://thestar.com.my/archives/2008/5/14/central/m_12models.jpg
E-Showy: Models sashaying in outfits made even more eye-catching by feathers on their backs and heads.

Backed by a six-piece ensemble that provided background music, six young ballerinas, in their white and light blue ballerina frocks and trims, then showcased some graceful moves on the runway as the show opener.

Soon after, the first segment of the show kicked off with models in trendy wear by ladies' wear brands PU3 and August 8 as well as lingerie label Fashion Banquet.

The Curve centre manager Adele D. Flores said “Black & Gold” was chosen as this year's theme as it represented the mall's vision for a stylish and sophisticated fashion week.

http://thestar.com.my/archives/2008/5/14/central/m_12goldendderess.jpg
Glam: A model strutting down the runway in a golden dress complete with shimmery accessories and headgear.
“Fashion is an integral form of creative expression, which explains its importance in our daily lifestyle,” said Flores.

“Our focus is to ensure that shoppers can turn to The Curve to satisfy their fashion demands to look their best. Through today's show, we hope shoppers will be continuously inspired about what to wear this season,” she said, adding that the show was an annual event.

The night's host, Daphne Iking, was cheered as she stepped on stage to the beat of Fergie's Glamorous to introduce the models and show.

Dressed in a short sexy and flirty gold dress by PU3, complete with golden headgear and accessories and black stockings to match, Iking danced around a little that gave little indication that she had given birth only last November.

Of course, no fashion show is complete without celebrities, and apart from Iking as emcee, the event featured Tengku Azura, Joey G, and Miss Malaysia-World 2007 Deborah Priya Henry as celebrity models.

The second segment followed immediately after. Performer and singer Janet Lee delighted the crowd with her soprano voice on stage as models sashayed out in everything from elegant evening wear to street chic and everyday must-haves.

The segment featured labels like Liz Claiborne, G2000, trendy wear for pregnant women '9 Months', Binwani's, Elements, Tribeca, Nichii Fashion City, and MJ and Somerset Bay by Metrojaya.

http://thestar.com.my/archives/2008/5/14/central/m_120dolledup.jpg
Dolled up: These models provided some entertainment for the crowd before the start of the fashion show.

Eyewear brand Focus Point also showcased some of the latest sleek shades.

The heat turned up a little when a “Greek goddess” appeared with a yellow snake that slithered around her arms.

She flirtatiously played with the snake while wrapping the reptile around her waist, and on two occasions, kissed it!

http://thestar.com.my/archives/2008/5/14/central/m_12ballerinas.jpg
Graceful: The sweet young ballerinas in their lovely frocks bouncing their way on stage as the show opener.

Up-and-coming singer Atilia, who was a winner at the recent Anugerah Industri Muzik (AIM) awards show, also performed for the crowd, sporting a spaghetti-strap dress of glittery gold and black, of course!

Accompanying her upbeat renditions of Amy Winehouse's Rehab and Rihanna's Don’t Stop the Music were six dancers in quirky hairdos and eccentric outfits.

Flores also later presented a cash prize to Binwani's for the best window display in line with the theme.

As part of the fashion week line-up, the mall was also the official venue sponsor for the Rock Up! fundraising event held on Friday. Organised by college students, the event aimed to raise funds for Agathians Shelter, a home for boys who are orphaned, abandoned, or from broken families.

rizalhakim

May 14th, 2008, 06:00 AM

Shortcomings at Kuantan mall
Comment by SIMON KHOO

KUANTAN: At long last, Kuantan, being the administrative town of Pahang, boasts a spacious and upmarket shopping complex to match those in the Klang Valley.

It's called East Coast Mall and is located at a prime location in the town centre.

One of its anchor tenants, Carrefour, opened its doors to the public a week before the mall's official launch. A huge crowd was seen making a beeline for the hypermarket.

What greeted shoppers there was something beyond comprehension.

The smell of paint and thinner was everywhere, as contract workers rushed to complete their jobs.

A colleague who visited the mall during the hypermarket’s launch made an important observation.

His question was: “Will the mall be ready within a week for the grand opening?”

He was right, as it was not.

In fact, more than a week after it was officially opened, there were many defects.

The basement car park was flooded, and at some ends, car owners parked haphazardly.

Some food operators were waiting for tables and chairs, which were not enough to welcome customers.

Washrooms were the worst. There was running water but no soap and toilet paper.

To make matters worse, some toilet bowls were clogged.

Another apparent problem was the floor tiles, which were slippery when wet.

If one expected to see decorative items on display, there was none except for a few “rattan stars” hanging in the concourse.

Shortcomings aside, the East Coast Mall management must be commended for bringing in branded merchandise outlets and eateries previously unheard of in Kuantan.

Big Apple Donuts and Coffee, for instance, was splendid.

There’s also Sushi King, Johnny’s Restaurant (specialising in Thai steamboat) and Laksa Shack.

Probably, the opening date was an auspicious pick by the mall's management, but as a layman, one cannot help but wonder why the rush?

Isn’t it more sensible to open the mall when everything inside is completed and in tip-top condition?

The inflation rate is not likely to come down soon, but there’s no worry of missing the boat as the people will still need to shop and eat.

In this regard, the state should be lauded for approving the project dubbed Putra Square.

There is more to come as the package includes four townships, namely Malay, Chinese, Indian and Construction, in addition to office blocks, a convention hall and a hotel – all under construction.

Earlier, state executive councillor Datuk Hoh Khai Mun revealed there were worries that the emergence of hypermarkets would kill local supermarket chains and sundry shops.

Alas, common sense prevails as economic growth and job opportunities outweigh other concerns.

Businessmen have the right to make profits from their investments, but the people should not be taken for granted.

Like a housing project, all facilities should be in place before purchasers move in and call it a home.

Kuantan folks are entitled to a decent shopping environment, free of air and sound pollution, to spend their hard-earned money.

Let’s hope for improvements in terms of facilities for all the parties and an upmarket mall which folks here can be proud of.

rizalhakim

May 14th, 2008, 06:13 AM

Cops keep watch on abandoned mall in Johor Baru
By FARIK ZOLKEPLI

JOHOR BARU: Police have beefed up patrols around the abandoned Pacific Mall near Bukit Cagar after 32 escalators were reported stolen from the building.

Johor CID chief Senior Asst Comm II Amer Awal acknowledged that police had received complaints from the public over the theft and investigations were underway.

http://thestar.com.my/archives/2008/5/14/southneast/se_06eystore.jpg
Eyesore: The poor condition of the abandoned Pacific Mall.

“We are investigating the case from all angles and have stepped up patrols near the mall to prevent other similar cases,” he said, assuring the public that police did not take the matter lightly.

SAC II Amer appealed to residents living near the mall to report suspicious incidents to enable prompt police action.

He urged those with information to contact the police hotline at 07-221 2999 or the nearest police station.

The Star had earlier reported that the RM300mil building near Bukit Cagar was not only an eyesore, but also the scene of the bizarre theft.

http://thestar.com.my/archives/2008/5/14/southneast/se_06mess.jpg
Huge mess: Ceiling boards missing at the mall.

Owners who bought individual lots at the shopping centre were crying foul over their loss as they were servicing bank loans for the failed project.

The mall, located between Jalan Storey and Bukit Cagar, comprises a five-level podium and a 24-storey office tower.

The building, which was 90% complete, was abandoned in 1997 due to recession.

Meanwhile, Johor Baru MP Datuk Shahrir Samad, who took up the case, said the buyers' plights had gained the attention of the state and the Iskandar Region Development Authority (IRDA).

“The state has asked IRDA to look into resolving the issue which involves the buyers and banks,” he said.

http://thestar.com.my/archives/2008/5/14/southneast/se_06escalator.jpg
Stolen: Policemen from the Johor Baru (South) mobile patrol unit inspecting the remnants of an escalator, which was stripped of metal parts.

cooltemper

May 14th, 2008, 07:41 AM

Johor has lots of abondoned malls.

rizalhakim

May 14th, 2008, 09:05 AM

http://www.orientalrealty.com.my/images/Dataran-Pahlawan---logo.jpg

http://www.orientalrealty.com.my/images/Dataran%20Pahlawan%20-%20view.jpg

rizalhakim

May 14th, 2008, 09:16 AM

aeon tebrau city mall

by unlabel

http://farm1.static.flickr.com/196/468280327_112f7b7423_b.jpg

http://farm1.static.flickr.com/188/468280705_8540ee2fbe_b.jpg

http://farm2.static.flickr.com/1127/529290515_211fe1031f_b.jpg

http://farm2.static.flickr.com/1226/529264985_53db282fce_b.jpg

http://farm2.static.flickr.com/1142/529285905_c0c802962a_b.jpg

http://farm2.static.flickr.com/1111/529282869_043b5f0d3b_b.jpg

http://farm1.static.flickr.com/209/529267575_450213741a_b.jpg

http://farm1.static.flickr.com/254/535453704_c25f718383_b.jpg

rizalhakim

May 14th, 2008, 09:56 AM

The Curve, cineleisure , ikea, ikano and tesco 5 in 1 - Selangor, one of the best place to lepak2

http://www.boustead.com.my/picto%20update02/south-ent_big.jpg

http://www.boustead.com.my/picto%20update02/cuv1.jpg

http://www.boustead.com.my/picto%20update02/cuv4.jpg

http://www.boustead.com.my/picto%20update02/xmas@nite2_big.jpg

http://www.boustead.com.my/picto%20update02/cuv2.jpg

http://www.thecurve.com.my

rizalhakim

May 14th, 2008, 10:03 AM

cineleisure

http://www.boustead.com.my/images/property%20pix%208.1/images/cineleisure.jpg

http://www.boustead.com.my/images/property%20pix%208.1/images/cine01.jpg

http://www.boustead.com.my/images/property%20pix%208.1/images/cine_skate.jpg

www.cineleisure.com.my

travellator

May 14th, 2008, 06:02 PM

^^Mutiara Damansara
http://i35.photobucket.com/albums/d163/picaddict_1975/shopping3/IMG_0860.jpg

The Curve
http://i35.photobucket.com/albums/d163/picaddict_1975/shopping3/IMG_0864.jpg
http://i35.photobucket.com/albums/d163/picaddict_1975/shopping3/IMG_0870.jpg
http://i35.photobucket.com/albums/d163/picaddict_1975/shopping3/IMG_0865.jpg
http://i35.photobucket.com/albums/d163/picaddict_1975/shopping3/IMG_0866.jpg

Tesco at Mutiara Damansara
http://i35.photobucket.com/albums/d163/picaddict_1975/shopping3/IMG_0867.jpg

Ikea at Mutriara Damansara
http://i35.photobucket.com/albums/d163/picaddict_1975/shopping3/IMG_0868.jpg

rizalhakim

May 15th, 2008, 04:06 AM

Summer thrills to share

SHISEIDO celebrated the summer with a sunburst of vibrant colours and life. Its latest collection comprises a radiant new summer makeup selection, a comprehensive sun care range and an exciting contest.

Through the Shiseido Summer Escapade, customers will be able to enjoy the full spectrum of summer experiences at selected shopping malls nationwide from now until July 6.

The Summer Escapade also offers best friends a chance to enjoy a whole new summer experience together.

Five lucky pairs of best friends will win a fun-filled weekend trip to Langkawi to watch a beautiful sunset and party the night away on a private yacht.

http://thestar.com.my/archives/2008/5/15/central/m_pg24escapade.jpg
Casual fun: A fashion show at the Summer Escapade road show at KLCC.

All participants need to do is purchase a Shiseido Summer Escapade voucher which can be used to redeem Shiseido products, a Summer Makeup Makeover for two, a Summer Hairdo Makeover for two, a Summer Photoshoot for two with two A4-sized photographs and one official Summer Escapade Contest Entry.

Vouchers and contest entries are only available during the Shiseido Summer Escapade road shows.

The roadshows are being held until May 19 at Jusco, 1 Utama main concourse, Jusco in Kinta until May 18, Parkson, Mahkota Parade, Malacca (May 22-28), Pacific Prai, Penang (June 3-8); Metrojaya, Plaza Pelangi, Johor Baru (June 12-18); and Jusco, Mid Valley North Court, KL (June 30-July 6).

rizalhakim

May 15th, 2008, 08:55 AM

Penang warns local, foreign developers not to flout regulations
by Regina William
Email us your feedback at fd@bizedge.com

PENANG: The state government warned both local and foreign developers to adhere to provisions set by the local councils when carrying out their projects or be prepared to face the consequences.

Chief Minister Lim Guan Eng said the state government would not tolerate developers who clearly defied directives issued by the councils.

Lim expressed his anger at the developer of the RM70 million Gurney Plaza expansion project who, despite a warning by Penang Island Municipal Council (MPPP) president Datuk Zainal Rahim Seman, continued to carry out construction works until 3am.

The developer was issued the directive in April to stick to the 8am to 6pm schedule but continued to carry on with the extended working schedule.

“Unfortunately, despite Datuk Zainal giving them a warning and requesting them to comply with the set time from 8am to 6pm, they continued working till 3am. I want to impress upon all developers to comply with provisions set by the council and to adhere to all directives issued as these are issued with my knowledge.

“The instruction is given with the support of the state government and in this respect, I am disappointed that the developer — this company from Singapore — is unable to comply with the directives issued.

“We hope this company can exercise the same compliance with the law that they are required to do in Singapore. Failure by anyone to comply will result in action being taken,” Lim said.

He added that unlike the past where developers might have not been penalised, the present state government was serious about running a government with competency, accountablity and transparency.

He said developers could hold discussions with MPPP if they could not comply with certain requirements so there can be certain allowances made, but they should not assume they could get away with breaking laws or provisions.

“Come and discuss with us and we are not going to be very strict or unreasonable. We want to find a solution that can benefit everyone but in this case, carrying construction works till 3am causing residents hardship is too much.

“A chance was given to stop, but it was ignored and we will take the necessary action against the developer. This is one of a few cases involving big projects where laws were not followed and complied with.

“While we want projects to be completed for Penang, it does not mean anyone can break the rules. We want to send a clear message to developers that we take this very seriously; there will be no compromise,” Lim added.

The RM70 million Gurney Plaza expansion, scheduled for completion by August, is now 70% complete.

The property is managed by Singapore-based CapitaLand Limited which acquired the 700,000 square ft shopping mall with more than 300 specialty shops.

The project will increase the floor space of the complex by 150,000 sq ft of retail space with a new departmental store to be managed by an anchor tenant and 83 shoplots.

http://www.gurneyplaza.info

....any construction picture????.............

http://www.jpr.com.my/ProPhoto/com_gurney_plaza.jpg

rizalhakim

May 16th, 2008, 08:28 AM

Many well-known brands now available in Kuala Lumpur
BY BAVANI M

PERSONALITY – that word pretty much sums up the latest fashion collection presented at a fashion show by Tang+Co at Tangs Pavilion Kuala Lumpur recently.

The collection featured togs for both men and women from labels across the globe which had the qualities that makes it unique.

http://thestar.com.my/archives/2008/5/16/central/m_24collection.jpg
Stylish: All the collections that are available at Tang+Co Men and Women.

Then again, Tang+Co has always been about individualism and personality; hence the range here caters to discerning shoppers who are perceptive and very much aware of their own styles.

Brands like Class by Roberto Cavalli, Nikka, Rebecca Taylor, Cacharel, Alannah Hill, Tara Jarmon and Antik Batik are not just stunning to look at, each has its own distinctive look that just screams sophistication and class.

If the Tang+Co women is all about individuality, Tang+Co Men is all about the man who is well travelled, loves to socialise and knows how to have fun.

Men's labels featured here include Emporium Viri, David Mayer, Liberty Rose, Nobody, Leo Pucci, Arthur Galan and John Vavartos.

The collection showcased to members of the media and guests oozed sensuality and romanticism.

For instance, Class by Cavalli is edgy and distinctive, while Nikka exuded sophistication and Hill's pieces were flirty and feminine.

Earthy colours of gold, purple, beige, and blue dominated the collection emphasising that Spring and Summer is finally here.

proud_penangite

May 16th, 2008, 02:45 PM

here's the collection of penang shopping malls from earlier till recent

1. Komtar Penang by casadelatinos, flickr

http://farm3.static.flickr.com/2328/2396921915_7c2a087249_o.jpg

2. Sunshine Square Penang

http://cache.virtualtourist.com/3232016-Shopping-Penang.jpg

3. Bukit Jambul Complex Penang

http://www.jpr.com.my/ProPhoto/com_bukit_jambul_complex.jpg

4. One Stop, Midlands Park Penang

http://img183.imageshack.us/img183/3962/midlands20061125ow0.jpg

5. The Summit Bukit Mertajam Plaza Butterworth

http://www.thesummit.com.my/bm/image/bm-bg2.jpg

6. Prangin Mall Penang by sarahathena, Flickr

http://farm1.static.flickr.com/44/131852560_47559b2aa3.jpg

7. Island Plaza Penang

http://www.malaysiasite.nl/images/islandplaza1.jpg

8. Gurney Plaza Penang

http://img211.imageshack.us/img211/2394/imgp1677ou9.jpg

9. Queensbay Mall Penang

http://img228.imageshack.us/img228/8008/queensbaymallpanorama25jf1.jpg

10. Sunway Carnival Mall Butterworth by yeoh_ts, flickr

http://farm2.static.flickr.com/1070/579084257_1e56a104fc_b.jpg

List Under/construction

1. Penang Times Square
2. Gurney Paragon Penang
3. Lion Mutiara Parade Penang
4. Jusco Bandar Perda Butterworth
5. D'Piazza Penang

Future Construction/Unconfirmed

1. The Light Penang
2. Penang Global City Center

rizalhakim

May 17th, 2008, 08:14 AM

^^ how big is sunway carnival???? is it bigger than bukit jambul? bukit jambul reminds me of angsana in jb.... i think queensbay mall the best mall in png right? plaza gurney also not bad....gr8 location...

proud_penangite

May 17th, 2008, 08:40 AM

gurney plaza is the best shopping mall but not so happening nowadays because of better tenants at queensbay mall. sunway carnival is bigger than bukit jambul. 800 000 square feet i think.

rizalhakim

May 17th, 2008, 08:42 AM

Sungei Wang draws interest
By YAP LENG KUEN

PETALING JAYA: Sungei Wang Plaza, a famous landmark in Kuala Lumpur’s Bukit Bintang area, is attracting attention from local and international parties for sale or joint venture to further develop its potential.

The many suitors are rumoured to include CapitaLand, which paid RM770mil for Gurney Plaza in Penang and RM430mil for the Mines Shopping Fair.

Based on its strong income and current valuations, the 60% retail and car park space owned by Sungei Wang is said to be easily in excess of RM600mil.

Back in December 2006, Landmarks Bhd had announced the sale of its stake in Sungei Wang for RM284.8mil cash to Kencana Property Management Sdn Bhd. This on a revalued net tangible asset and included liabilities.

It is believed the current owner is not all out for the sale of its stake but is keen to explore possible tie-ups with any strong party that could add value to its potential.

http://biz.thestar.com.my/archives/2008/5/17/business/b_1sungeiwang.jpg
Sungei Wang Plaza enjoys 100% occupancy

Sungei Wang, which was built in 1977 by Tan Sri Chong Kok Lim, has total retail and car park floor area of 1.2 million sq ft, and enjoys 100% occupancy.

Its location is said to be boosted by good feng shui and the presence of the Imbi and Bukit Bintang monorail stations.

Sungei Wang recently won The 2007 Brand Laureate Award for brand excellence in the retail shopping category.

Speculation has it that a large shopping mall real estate investment trust (REIT), exceeding RM1bil, could be in the offing, if talks with CapitaLand materialised.

But would that be enough to draw investors, given the lacklustre market? The listed REITs are already reporting fairly good results but their capital appreciation is not really reflected in their share price movement.

Maybe, observers point out, the industry can come up with a large home-grown shopping mall REIT incorporating malls with high passenger traffic and robust sales in different localities and segments. These are in the likes of One Utama, Mid Valley Megamall and Sungei Wang.

At the moment, nothing much has come out of such a suggestion. But one can never tell as someone may just sit up and decide to propose a very exciting and diversified proposition.

Sungei Wang itself, together with Andaman Resort in Langkawi, was the subject of a potential REIT. However, the plan was called off by Landmarks, following the entry of North Symphony Sdn Bhd and Genting Bhd as major shareholders.

“Sungei Wang has potential for further capital appreciation due to two reasons – location and trade mix,” said Tan Hai Hsin, managing director of Henry Butcher Retail.

“Decentralisation of shopping centres over the last 10 years in the Klang Valley has not affected the business of Sungei Wang.

“Sungei Wang’s unique selling point is sustainable. It is difficult to be duplicated elsewhere,” he added.

Whether Sungei Wang has potential for REIT is debatable. “It is a strata-titled shopping centre. Its potential for capital growth is high, but will not be as high if it is owned by a single owner,” Tan said.

.....sgwang needs xtension and facelift!!!!.....

baqthier

May 20th, 2008, 08:01 AM

I'm happy that KL now has Y-3 (even more choices than Singapore) , Fred Perry, New Balace(rare ones) and also Visvim shoes!

rizalhakim

May 21st, 2008, 04:12 AM

Colin’s plans 70 stores in S-E Asia
By EUGENE MAHALINGAM

PETALING JAYA: Turkey-based Colin’s & Loft, a specialist in jeans and casual wear, intends to set up 70 retail stores in South-East Asia within three years.

Late last year, it opened its flagship retail store at Sunway Pyramid and concessionaire counters at Metrojaya stores in Berjaya Times Square and MidValley Megamall.

Colin’s & Loft (M) Sdn Bhd managing director Randy Ong said the company’s plan was to make Malaysia a platform to expand its presence in the region.

“We chose Malaysia as our flagship for South-East Asia because of various reasons. Malaysia, as a country, is very stable. The currency is strong and the public has good spending power also,” he told StarBiz.

Ong also said having a free trade zone like Port Klang made it easy to distribute merchandise to other countries.

“Colin’s in Malaysia will be the master franchise for the brand in South-East Asia,” Ong said, adding that its range of clothes was fully imported.

“About 80% of Colin’s merchandise are from Turkey, while the rest come from Ukraine, Kazakhstan, Macedonia, India and China.”

Colin’s flagship store at Sunway Pyramid, which opened in December, had seen promising response, said Ong.

“We sold about 1,700 pieces of merchandise in December. Up until March, we sold over 5,000 pieces.”

Ong said setting up shop at Sunway Pyramid was ideal.

“There are two international hotels here, an international conventional hall, a theme park and the mall serves locals, tourists and even business people,” he said.

About 50% of the merchandise sold at its Sunway Pyramid store comprises denim wear. The jeans sold come in a variety of 80 different designs, over 100 types of cuttings and washes as well.

Apart from jeans, Colin’s also sells shoes, blouses, shirts and a variety of casual-wear accessories.

Colin’s currently has over 400 stores in Europe and over 1,000 concessionaire counters worldwide.

TWK90

May 21st, 2008, 04:53 AM

5. The Summit Bukit Mertajam Plaza Butterworth

http://www.thesummit.com.my/bm/image/bm-bg2.jpg

Is this related to Summit USJ?

forrestcat

May 21st, 2008, 03:30 PM

^^I think there's also another Summit in Batu Pahat,Johor.

rizalhakim

May 22nd, 2008, 06:07 AM

Hitam putih Matinique

Oleh AHMAD SYUKRAN ZAINUDDIN

Sudah bosan dengan pakaian yang ada di dalam almari? Apa kata anda cuba jenama baru dari Denmark ini, Matinique.

http://www.kosmo.com.my/kosmo/pix/2008/0519/Kosmo/Stailo/st_01.1.jpg

--------------------------------------------------------------------------------

MELANGKAH masuk ke ruang pakaian lelaki di gedung beli-belah Robinsons, The Garden, Mid Valley, pengunjung pasti akan disambut oleh beberapa jenama yang agak asing dan mungkin tidak pernah didengar.

Bukan tidak ada langsung jenama yang sering menjadi pilihan kaum lelaki di sini, tetapi pihak pengurusan Robinsons cuba menyuntik kelainan menawarkan jenama pakaian yang kebanyakannya datang dari Eropah.

Antara jenama yang menarik perhatian dan sedang hangat di kalangan lelaki maskulin ialah Matinique. Berasal dari Denmark, ia disifatkan sebagai satu jenama kontemporari yang mensasarkan rangkaiannya kepada golongan lelaki berjaya dalam kerjaya yang mahukan sedikit perbezaan dalam berpakaian.

Aspek ini nyata diterjemahkan menerusi barangan yang ada di rak butik Matinique. Jenama yang dikatakan mengisi ruang antara jenama popular seperti Raoul dan Guess, Matinique dilihat sedikit berbeza menerusi elemennya yang lebih versatil. Ini kerana pakaian Matinique yang dipakai ke pejabat boleh juga dipakai untuk tujuan santai bersama rakan-rakan.

http://www.kosmo.com.my/kosmo/pix/2008/0519/Kosmo/Stailo/st_01.2.jpg

KEISTIMEWAAN jenama ini terletak pada perincian buatan dan jahitan yang kemas.

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Di Denmark, jenama ini memiliki beberapa rangkaian termasuklah klasik. Baru-baru ini, Matinique melancarkan rangkaian blue line, dikhaskan buat lelaki yang lebih ceria dan kasual. Tetapi, buat masa ini Robinsons lebih menumpukan kepada rangkaian klasiknya.

Menurut Penasihat Jualan yang juga Pengurus Barangan Robinsons, Yap Fui Leng, pakaian di bawah jenama Matinique yang formal tetapi tidaklah terlalu rigid dan memang sesuai untuk lelaki yang sukakan rekaan kontemporari.

Keistimewaan Matinique terletak pada perincian pembuatan dan jahitan yang kemas. Sementara pakaiannya dihasil menggunakan banyak material fabrik dari Eropah yang berkualiti tinggi seperti kain kapas, sekali gus menerangkan kenapa kualiti pakaian ini cukup bagus.

"Saiz yang ditawarkan untuk pasaran tempatan dibeli mengikut saiz orang Asia. Saya faham bahawa ada yang segelintir pelanggan mengeluh kerana ada beberapa jenama, saiz pakaiannya sedikit besar. Tetapi Matinique sangat menepati keperluan pasaran, ia mempunyai saiz S, M, L dan XL.

"Harga yang diletakkan juga berpatutan. Bagi kemeja, harganya bermula daripada RM199 sehingga RM289, bergantung kepada rekaan dan 'hiasan' yang ada padanya.

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NILAI kontemporari jelas terserlah dalam setiap rekaan Matinique.

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Manakala sehelai seluar pula bermula daripada RM269 hingga RM300.

"Khas untuk seluar, saiznya didatangkan dalam dua bentuk bagi memenuhi kepelbagaian saiz pengguna. Ini kerana ada lelaki yang kurus tetapi berkaki panjang dan ada juga lelaki yang memakai seluar bersaiz besar tetapi rendah.

"Jadi, Robinsons memang menyediakan dua jenis saiz seluar demi memenuhi keperluan mereka," kata Fui Leng sambil menghulurkan satu katalog Matinique kepada penulis.

Menyentuh tentang rangkaian warna bagi koleksi musim musim sejuk, ia lebih dimonopoli oleh warna asas iaitu hitam dan putih yang sememangnya menjadi warna tema bagi Matinique.

Jangan bimbang, pengguna masih boleh dapat melihat penerapan sedikit warna biru dan hijau dalam rekaannya. Apa yang pasti, koleksi ini tidak akan terlalu berwarna warni dan ia lebih tertumpu warna-warna atau tona tanah (earth tone).

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RANGKAIAN pakaian edisi klasik daripada Matinique sesuai untuk anda yang mementingkan gaya.

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Bagi rangkaian seluar pula, Matinique akan memperkenalkan lebih banyak warna dan tidak terhad kepada khakis sahaja. Maka, pihak Robinsons cuba melihat apakah yang sesuai untuk golongan sasarnya yang terdiri daripada ahli perniagaan dan profesional muda.

"Mereka adalah kumpulan yang mahu dilihat serius dalam kerjaya, sebab itulah kami cukup berhati-hati dalam pemilihan warna serta rekaan yang ingin dibawa masuk.

"Ada juga seluar, dalam kategori khakis, tetapi dengan tona sedikit gelap, termasuklah seluar bekerja dan denim. Secara keseluruhannya ia adalah selari dengan konsep sebenar Matinique," kata Fui Leng, memberitahu jenama Matinique yang ada di Robinsons tidak merangkumi kasut.

Eksklusif Robinsons untuk lelaki

DI Malaysia, jenama Matinique dijual secara eksklusif di Robinsons, The Garden Mid Valley. Pemilihan Matinique untuk dibawa ke pasaran tempatan adalah berdasarkan sambutan menggalakkan di Robinsons Singapura.

Biarpun hanya beberapa bulan (Robinsons dibuka sejak September 2007) menemui orang ramai, maklum balas yang diterima cukup memberangsangkan.

Justeru, Robinsons telah menyusun strategi untuk meluaskan rangkaian pakaiannya agar pelanggan mempunyai lebih banyak pilihan.

“Masih banyak pengubahsuaian yang perlu dibuat supaya jenama ini lebih berjaya. Kami memang bercadang untuk menambah rangkaian untuk musim-musim akan datang. Jadi, anda akan dapat lihat lebih banyak rekaan menarik terutamanya kemeja,” tambahnya lagi.

Ditanya mengenai kekerapan produknya ditukar, Fui Leng memberitahu ia ditukar sebanyak sebulan sekali. Namun, pertukaran besar-besaran akan berlaku pada permulaan setiap musim.

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ORANG ramai berpeluang memilih lebih banyak rekaan pada musim akan datang.

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Sebagai contoh, musim sejuk. Pengguna pasti akan dapat melihat perubahan ketara pada bulan Ogos nanti kerana sejumlah besar stok pakaian baru akan tiba. Ini termasuklah jaket kulit, kemeja untuk majlis formal dan bercirikan rekaan kasual.

Sementara aksesori seperti skaf, tali pinggang dan tali leher satin untuk musim yang akan datang juga tidak ketinggalan, selain kemeja bersulam, kasual dengan cetakan di bahagian hadapan dan belakangnya.

Ruang pakaian lelaki yang dianggarkan seluas kira-kira 12,000 kaki persegi ini direka dan disusun atur dengan begitu kemas serta fokus.

Sebabnya, sebelum Robinsons dibuka, pihak pengurusannya telah menjalankan kaji selidik yang menunjukkan bahawa lelaki membeli hanya apa yang mereka mahukan.

Maka tidak hairanlah jika semua produk diletakkan pada susun atur yang ringkas dan menarik. Susunan sebegitu nyata memudahkan kaum lelaki untuk mendapatkan apa yang mereka inginkan, tanpa perlu mengambil masa lama.

“Pendek kata, Robinsons sentiasa memberi penekanan terhadap tiga aspek utama iaitu persekitaran membeli-belah yang kondusif, standard perkhidmatan pelanggan (setiap kakitangan dilengkapi dengan pengetahuan mengenai produk) dan menawarkan produk yang eksklusif,” kata Fui Leng.

rizalhakim

May 26th, 2008, 05:09 AM

Parkson plans more outlets
By Vasantha Ganesan
Published: 2008/05/26

DEPARTMENT store operator Parkson Corp Sdn Bhd aims to open two to three new stores in Malaysia each year and an average of four new stores in Vietnam.

This will add to the 34 Parkson outlets in Malaysia and five in Vietnam, that the retailer will have by end-2008.

Investments into one Parkson in Malaysia is about RM15 million, while in Vietnam it's between US$3 million and US$4 million (RM9.63 million and RM12.84 million), half of which is borne by suppliers who fit their counters in the store.

Parkson, a subsidiary of Parkson Holdings Bhd, also plans for a maiden venture into Cambodia in 2010. Its first store there will be in Phnom Penh and it plans to look for more sites to expand.

Parkson's chief operating officer Toh Peng Koon said Parkson continued to see ample opportunities for growth in Malaysia, where the market is mature and the brand is well established.

"There is still opportunity to grow in Malaysia, in places like Johor, Alor Star (Kedah), Taiping (Perak), Sabah and Sarawak and even within the Klang Valley like in Shah Alam," Toh told Business Times in an interview.

A total of five new outlets were planned for 2008, three of which have begun operations - The Spring, Kuching, Parkson Melaka Mall and Parkson East Coast Mall, Kuantan. Two new openings will be the Parkson Bunga Raya Mall in Kuala Terengganu by end-July and Parkson KBTC (Kota Baru Trade Centre) by year-end.

This will bring its total retail space in Malaysia to 3.5 million sq ft by the end of the year.

New stores in 2009/2010 include KK Times Square in Sabah and Parkson on Jalan Genting Klang, a mall that will be owned and operated by the group.

Parkson Malaysia makes up about a quarter of Parkson Holdings' gross sales.

In Vietnam, where retail development is at its infancy, Parkson has the first mover advantage. It introduced the department store concept in Vietnam three years ago and enjoys a handsome level of growth each year.

Parkson will add its fifth store in Ho Chi Minh City this July. Its first store was also opened here.

"In Vietnam, our stores are enjoying very strong growth. Same store growth is about 30 per cent," he said.

According to Toh, even prior to Parkson's opening in Hanoi last month, Parkson was quoted as the most popular brand there. Its four existing stores are located in Ho Chi Minh City, Hanoi and Hai Phong.

Parkson has also entered into a joint venture to build a mall in Vietnam. The shopping centre, with a net floor area of 11,222 sq m, forms part of a property development project comprising a hotel and office blocks with a gross development value of US$88.9 million (RM285.37 million). The project is expected to be completed in 2011.

rizalhakim

May 27th, 2008, 04:18 AM

SATS investing RM70m in Aero Mall
By ZAZALI MUSA

SENAI: Senai Airport Terminal Services Sdn Bhd (SATS) is investing RM70mil in the Aero Mall project, Malaysia’s first stand-alone and external airport mall.

Of the mall’s total space of 9,290.304 sq m (100,000 sq ft), 3716.121 sq m (40,000 sq ft) is retail space and the balance the concourse.

SATS general manager finance and retail development Chan Kwai Yew said the company wanted to position and market Aero Mall as the area’s new lifestyle hub.

“Shopping, dining and entertaining at airports is getting popular now as airports are no longer just for air travellers,” he told StarBiz recently.

The groundbreaking ceremony will be held today.

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Chan Kwai Yew showing an artist’s impression of Aero Mall

The project is scheduled to complete in 18 months.

Chan said the best example of such a concept was Terminal Three at Singapore’s Changi Airport which had successfully attracted non-air travellers and residents from nearby areas to shop and dine there.

He said Aero Mall’s target markets were the business community, employees in the nearby industrial estates and the population in the Senai-Kulai area.

Chan said the mall would be connected to the present airport terminal building and constructed on the existing open air parking area. A new basement parking area would also be built.

He said the new mall, an extension of the airport’s present retail segment, would offer air and non-air passengers more choices to shop and dine, adding that the airport received overwhelming response when it introduced mid-level lifestyle products.

Chan said between 4,000 and 5,000 air passengers currently used Senai airport, which provided an active market for the existing 25 retailers.

He said among the new mall’s outlets were Secret Recipe, Kyros Kebab, Chocz, SASA Hong Kong International, MPH Bookstore, KFC, Laksa Shack, Starbucks, Nationwide and FedEx.

Concurrently SATS would also be launching the Senai Free Zone (80.937ha) and Senai Aviation Park (40.468ha), he said, adding that both would create some 20,000 job opportunities.

The Free Zone will house a mixture of SME operations, warehouses and logistics for parts and components that could be exported via air cargo at Senai Airport.

The Aviation Park focuses on maintenance and repair operations for the maintenance of smaller aircraft engines and avionic products like radios and meters.

rizalhakim

May 27th, 2008, 04:35 AM

AEON: No drop in food sales yet

PETALING JAYA: Despite rising global food prices, AEON Co (M) Bhd has not yet seen any drop in sales for food items on a day-to-day basis at its Jusco department stores, said chairman Datuk Abdullah Mohd Yusof.

“However, margins are very thin on food items and if prices rise further, sales could be affected,” he said after the company AGM and EGM yesterday.

That said, Jusco would respond to consumers’ “tastes, needs and also pockets to retain customers,” he added.

Shareholders at the EGM approved a one-for-one bonus issue of 175.5 million new RM1 shares.

Meanwhile, at the AGM, all resolutions were passed.

Managing director Nagahisa Oyama said the retailer planned to open smaller department stores sited on five to 10 acres in locations with about 25,000 population.

The current large Jusco department stores of 20 to 30 acres would need the support of a minimum population of 100,000 in each area.

Oyama said AEON was currently testing the “MaxValu” store concept in Malaysia that AEON Group Japan introduced in smaller towns and the outskirts of cities such as Tokyo, Nagoya and Osaka in Japan.

Although success in Japan had been mixed, the Klang Valley, Penang and Johor where land was becoming increasingly scarce was the right kind of environment to introduce the brand, he said.

AEON is currently testing five MaxValu stores in Malaysia, stocking fresh produce, groceries and general merchandise. Investment so far had been RM3mil to RM4mil for each MaxValu store, Oyama said.

If successful, full rollout of the new brand would be in 2009 or 2010.

At present, the company has 18 AEON and Jusco outlets with two more to be opened during the year – AEON Seberang Prai City Shopping Centre and AEON AU2 Shopping Centre. Another outlet in Johor Baru will be completed by the first quarter next year.

For the financial year ended Dec 31, 2007, the company declared a first and final dividend of 17% less tax and a special tax-exempt dividend of 4%.

rizalhakim

May 27th, 2008, 10:21 AM

AEON to add more Maxvalue stores
by Tony C H Goh
Email us your feedback at fd@bizedge.com

KUALA LUMPUR: Retailer AEON Co (M) Bhd is looking at expanding its presence in the secondary markets with population of around 100,000 in the Klang Valley and elsewhere, said its managing director Nagahisa Oyama.

He said it wanted to grow its neighbourhood concept store “Maxvalue”, formerly known as Aeon D’Hati, towards boosting its growth in the country’s retail market.

“We are targeting to open a minimum of five Maxvalue outlets with investments of RM3 million to RM4 million each starting from 2009 to 2010.

“These stores will act as neighbourhood supply centres to cater to the needs of residents in smaller towns,” Oyama told reporters after the company’s AGM here yesterday. AEON now has five Maxvalue stores under its management.

Oyama said the main advantage of the concept stores was the lower costs involved as they required smaller areas of between seven and 10 acres, besides the cheaper cost of land outside main towns and city centres.

Apart from the concept stores, AEON chairman Datuk Abdullah Mohd Yusof said it was adding two more AEON stores this year in Bukit Indah, Ampang and Seberang Prai, Penang, involving construction costs of RM150 million and RM200 million, respectively.

Of the 18 Jusco/AEON stores, seven are now owned by AEON.

“Next year, we will open another store in Johor Bahru and based on past experience, each new store is expected to contribute between 5% and 15% additional revenue to the group, depending on the location and size of the store,” he added.

Abdullah did not rule out the possibility of injecting the company assets into a REIT (real estate investment trust) to maximise their value.

On the company’s projection for the year, Abdullah said AEON hoped to outperform the official projection of 7% growth in domestic retail sales and expected same store sales to at least maintain last year’s growth of 10%.

For the financial year ended Dec 31 (FY07), AEON posted a net profit of RM105 million, up from RM103 million in FY06. Excluding the RM33.9 million extraordinary gains from the disposal and leaseback of its Kinta Valley Shopping Centre in FY06, net profit was up 16.7%.

Aeon shares closed at RM10.70 yesterday, down 10 sen from RM10.80 the previous close with 35, 700 shares traded.

rizalhakim

May 27th, 2008, 10:57 AM

Mall does its bit for charity
By CHOONG MEK ZHIN

THE sale of the “Pavilion Reward Bag”, the proceeds of which will be channelled to the Kiwanis Down Syndrome Foundation (KDSF), is certainly timely for the nongovernment organisation.

“We are aggressively implementing physiotherapy, as well as occupational and speech therapies in our curriculum.

“We believe that helping Down Syndrome children overcome their physical disabilities will improve their learning capability,” KDSF National Centre chairman Fred Tan said when met at the launch of the sale recently.

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Timely effort: Ling (third from right) and Yap (second from right) with some of the mothers and their children who were special guests at the launch of the 'Pavilion Reward Bag' sale recently.

Tan added that the centre needed RM50,000 a month to facilitate its education programme for the children, who were between the ages of two months and six years.

“The best we can do for these children is to help them overcome their disabilities so they can achieve their maximum potential,” Tan said, adding that the centre had an enrolment of 110 children.

Foundation patron Toh Puan Ena Ling launched the three-day reward bag sale at Pavilion Kuala Lumpur.

“This event marks a step forward for the shopping mall in giving back to the community.

“More importantly, it is for the children at the centre who need our help and support,” she said.

Pavilion Kuala Lumpur leasing and marketing director Joyce Yap said it was the first of many charity events to come.

“We hope that this event will help to nurture the growth and development of the children who, one day, may also find the chance to contribute back to society,” Yap said.

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For a good cause: A customer buying a Pavilion Reward Bag.

There were 39 participating tenants of the mall which sponsored a variety of merchandise and cash vouchers for the 1,500 bags.

Each bag was worth RM150 but was sold at RM30 to customers who had spent a minimum of RM100 in a single receipt in Pavilion.

rizalhakim

May 27th, 2008, 11:16 AM

Bangsar Village doles out goodies
Sheila Sri Priya

KUALA LUMPUR: It pays to be loyal to your shopping centre, especially if it is Bangsar Village in Bangsar.

The mall recently handed out prizes to lucky customers who won its past Lunar Rat draw and Capture The Holiday Spirit photography contest.

Photography contest, which was held throughout the Christmas period, required participants to submit five different photographs taken inside Bangsar Village.

The grand prize, comprising a Nikon D40 digital cameraand RM1,000 worth of shopping vouchers from Bangsar Village, was won by Yong Chong Son, 47.

"Photography is my hobby and I have been an active member of the Photography Society of Petaling Jaya for the past few years. My true enthusiasm for photography only emerged in the past three years and I have won several contest since then," said Yong.

Second place winner was 12-year-old Joanna Tan of S.K Bukit Damansara, who won a Nikon Coolpix S510 and RM500 worth of shopping vouchers.

"I would like to thank my parents, who are also photography lovers, for sharing with me their knowledge. I'm going to buy an iPod with the voucher I won," said Tan, who said she had previously attended a photo-journalism course for children hosted by the New Straits Times.

Third-place winner was Paul Chan Kok Thiam, 46, who received a Nikon Coolpix L11, along with RM300 worth of vouchers.

"First prize-winner Yong and I are good friends and we decided to take part in the contest together. So it's a sweet victory for both of us today," said Chan, who is also a member of the Photography Society of Petaling Jaya.

Four grand prize winners of the Lucky Rat draw held during Chinese New Year celebrations this year were also announce.

"Contestants had to spend RM68 and above in one receipt, and based on a lucky draw of receipts, we picked the winners," said Tengku Nash, the public relations executive of Bangsar Village.

The grand prize was a Panasonic 42" Plasma TV (courtesy of TBM), won by Chong Wing Keong.

Second prize winner was Wan Fadzillah Hana Wan Sidek, who won a Raymond Weil wristwatch (courtesy of Hang Thai watch). Third place went to Muhammad Iwasi Alquarni, who won a BenQ DC-x720 digital camera (courtesy of Fotozoom), while the fourth prize winner was Guy Henshilwood, who took home an abstract oil painting by an international artist (courtesy of Art Accent).

Twenty consolation prizes were handed out and each winner received 10 Village Grocer shopping vouchers worth RM50, or exclusive Thomas Kinkade Jigsaw Puzzles.

rizalhakim

May 27th, 2008, 11:18 AM

'Famous' street food comes to Mid Valley
Laviinia Dhanagunan

http://www.nst.com.my/Streets/Tuesday/Stories/2244170/insidepix1
The air mata kuching stall in Petaling Street (above) has also set up shop in Mid Valley Megamall (left).

KUALA LUMPUR: An icon of Petaling Street has set up shop at Mid Valley Megamall.

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Ipoh Kacang Putih has come to Mid Valley.

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A worker preparing popiah at SisterS Crispy Popiah stall.

Regular visitors to Petaling Street know this stall well -- the air mata kuching (dried longan drink) stall.

"The decision to open a branch was something we chewed on for a while but only managed to do when there was a vacancy," said Chan Pooi Hwa, the daughter of the man behind the Petaling Street air mata kucing business.

"The drink has been a hit with the Mid Valley crowd," she added.

The business, which opened in Petaling Street 30 years ago, proved to be popular in its first month.

The second-generation owner attributes the success of the drink to the fact that it has no preservatives.

"Who would have thought something concocted at home would be this popular?" she said with pride.

Another street food icon -- the Ipoh kacang putih (roasted nuts) -- has also found its way into this popular shopping mall.

Brothers R. Muthu and Mohan, who run the stall, are third-generation kacang putih sellers as their mother and grandmother were both in the business.

After the Ipoh-born lads took over the family business five years ago, they decided to expand the business to major locations.

"We felt it was time for the kacang putih to be taken to a new level," said Muthu.

Why Mid Valley?

"They always contacted me to participate in promotions for Deepavali and Hari Raya," Muthu explained.

"The demand for kacang putih is very high because it is widely accepted by all communities," he added.

Customers are always encouraged to sample the kiosk's products before buying.

Besides kacang putih, the kiosk also sells murukku, Indian traditional sweets and different varieties of roasted nuts.

"We decided to add variety to the existing food outlets and so opened up for local food choices," said Mid Valley Megamall assistant public relations manager, Catherine Lim.

Fifty metres from the air mata kuching stall is the SisterS Crispy Popiah stall.

"My mother-in-law has been involved in the popiah making industry for many years," said SisterS Crispy Popiah finance manager Chan Sew Fan.

"We decided to take the popiah to a new location," she said.

"It was only by chance that we started our first kiosk five years ago at Mid Valley as they happened to have a vacancy when we called," she said.

rizalhakim

May 29th, 2008, 07:37 AM

Long-term potential in Parkson
CAPITAL TALK
www.icapital.ibz

Parkson Holdings, formerly Amalgamated Containers Bhd, is known to Malaysians, especially i Capital’s subscribers. Those who bought through Lion Diversified Bhd are literally laughing all the way to the bank.

IN September 2006, Amalgamated Containers Bhd (ACB) acquired the entire equity interest in PRG Corp Ltd, Parkson Corp Sdn Bhd, Parkson Venture Pte Ltd, Serbadagang Holdings Sdn Bhd and Sea Coral Ltd from Lion Diversified Holdings Bhd for RM4.3bil.

This was satisfied via 3,799.73 million new shares and RM500mil three-year 3.5% coupon redeemable convertible secured loan stocks.

ACB also implemented a capital reduction of 75 sen per share and thereafter a share consolidation on the basis of every four resultant shares of 25 sen each into one RM1 share in ACB.

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A Parkson outlet in Beijing

These acquisitions were completed on Sept 19, 2007 and ACB changed its name to Parkson.

As part of the restructuring, ACB sold its steel service centre and electronics business. The sale transformed ACB into the only listed Asian retail group.

Parkson is the largest department store chain in China and owns and operates 41 department stores across 26 major cities. The China retail operations are listed on the Hong Kong stock exchange under Parkson Retail Group Ltd and Parkson holds a 53.5% equity interest.

The impressive financial performance in the table illustrates the performance of Parkson in China.

Although it is already the largest department store chain in China, the scope for expansion is still tremendous.

In China, Parkson expands by acquiring minority interests of its current stores, acquiring the stores managed by Parkson but not yet owned, buying department stores of competitors and setting up of new stores.

Parkson has been a department store operator in Malaysia since 1987. Presently, there are 31 stores nationwide. Parkson has been consistently profitable in Malaysia.

The store chain has also expanded to another fast growth, vast potential economy – Vietnam. It was the first foreign-owned department store to be given a licence to operate there.

The first store opened in Ho Chi Minh City in June 2005 and Parkson has four stores in Vietnam today. The operations in Vietnam are wholly owned by Parkson.

The population and physical size of China is vast. Add fast, sustained economic growth, and the switch in source of growth from exports to domestic consumption. The end result is growth potential as far as the eye can see. At a market price of HK$62.80, Parkson Retail is capitalised at HK$36.38bil.

A 53.5% stake would be worth HK$19.46bil, or close to RM7.31bil. In other words, by paying RM6.55 for each Parkson share, you get RM7.31 worth of Parkson Retail shares.

Thrown in for free would be the consistently profitable Parkson operations in Malaysia (albeit the profit being substantially lower than China’s) and the already profitable (but still small) Vietnam operations. Given the high economic growth rate and the population of 80 million, Vietnam’s retail operations would quickly surpass the earnings of Parkson Malaysia.

So, at a price of RM6.55, or a fully diluted market capitalisation of RM7.163bil, investors of Parkson get the only listed Asian retail group at a hefty discount.

Despite its rapid expansion, Parkson still has a strong balance sheet, besides a business model that has negative working capital requirements and generating a high return on equity.

With the fair price of Parkson reckoned to be double-digit, i Capital still rates Parkson a long-term “buy”.

...never tot parkson can be huge like dis!!!...

rizalhakim

May 30th, 2008, 04:41 AM

Holiday fun at mall

IKANO Power Centre in Mutiara Damansara, Petaling Jaya, has lined up a host of activities for families during the current school holidays.

The mall will be filled with exciting family activities and good shopping fun until June 15. These include fish spas and massages, fun art and craft sessions, animal fairs, hot body tattoos, cool facepainting and more.

Kids can pose with a mock lifesized adult rhino at the ‘Sumatran Rhino Discovery Roadshow’ by Honda Malaysia at the Concourse, G Floor until June 1.

They can also learn to colour every day with Japanese cartoonist Ms Tamami Akiba. Fans of Zainal Abidin can come and watch him belt out his hits 3.30pm tomorrow. Meet the star in person and get his exclusive free CDs on the spot. (first come, first served)

A Mattel’s toy fair will be held from June 3 to 15 where parents can spoil their children with pretty Barbie dolls and accessories, Hot Wheels’ cool cars, and marvel in Fisher Price’s colourful innovations for the little ones. Also keep a look out for other fun activities by Mattel throughout.

Get your hands on the IKANO Family Coupons to enjoy special offers such as Aussino’s 30% off on bedsheets and Buy 1 Free 1 towels, IKEA’s product offers, Barang Barang’s ‘Buy 1 Free 1’ on accessories store wide, Sushi King’s 10 sen California Temaki with any set meal, Hair Zone’s free kid hair cut and Beaubelle’s two-for-theprice-of-1 body/facial spa treatments are amongst the many offers featured.

The coupons can be redeemed from the Information Counter, G Floor, Ikano Power Centre with any purchase of RM80 and above spent in the mall on a single day.

If coupons are not up your alley, stroll around the mall and delight in specialist store promotions.

rizalhakim

May 30th, 2008, 11:21 AM

http://www.suriasabah.com.my/

the cyclinder object has changed n look much more better than the old design
but then it looks a bit like starhill gallery, kl high end ...

http://img407.imageshack.us/img407/7861/05292008103503xf1.jpg (http://imageshack.us)

http://img78.imageshack.us/img78/2885/05292008103700ua5.jpg (http://imageshack.us)

http://img75.imageshack.us/img75/6219/05292008103708gc6.jpg (http://imageshack.us)

nice huh

rizalhakim

May 30th, 2008, 11:28 AM

http://www.citymallkk.com/

http://img56.imageshack.us/img56/6460/05292008104741mg6.jpg (http://imageshack.us)

http://i167.photobucket.com/albums/u156/AhThien/IMG_3923.jpg

rizalhakim

May 31st, 2008, 03:38 PM

New Parkson store in Kuantan
By SIMON KHOO

KUANTAN: Parkson Corp Sdn Bhd is expecting sales turnover of RM40mil in the first year of operations for its latest Parkson outlet at East Coast Mall here.

http://biz.thestar.com.my/archives/2008/5/31/business/b_5Raymond.jpg
General manager (marketing and merchandising) Raymond Teo said RM15mil had been invested in the outlet.

“This is the third outlet in Kuantan and the 33rd in the country. I am also glad to note it is our third store launch within the first four months this year,” he said here recently.
Raymond Teo at the store’s launch

Teo said Parkson would be opening two more outlets this year - one in Kuala Terengganu by mid-July and another in Kota Baru by year-end.

He said with the new stores, the company would see its retail space expand by 30% and be represented in every state except Perlis.

“This is a special year for us as it marks our 21st anniversary. We are still growing with the nation and remain committed to being the best department store for all Malaysians,” he said.

Teo said as the anchor tenant at East Coast Mall, Parkson occupied 105,640 sq ft over three floors.

Parkson would constantly innovate, adapt and change to stay ahead and further strengthen its position in the Malaysian retail scene, he said.

“We are proud to be the first commercial and travel square in the east coast to contribute to the Government’s initiative for the East Coast Economic Region.

“In line with our corporate social responsibility programme, we have adopted six parks nationwide. They including Taman Kejiranan in Jalan Teluk Sisek, Kuantan,” he added.

rizalhakim

June 3rd, 2008, 05:32 AM

Fashion epidemic in shopping malls

http://www.nst.com.my/Streets/Tuesday/Stories/2256057/insidepix1
Shoppers at One Utama being treated to a fashion show.

KUALA LUMPUR: An epidemic of fashion fever struck the Klang Valley's main shopping malls recently with one of those affected being the One Utama mall in Bandar Utama, Petaling Jaya.

You don’t have to go to a hotel for a fashion show. Just go to a shopping centre.
Fashions from the latest collections of a wide array of local and international brand names were paraded on the catwalk.

Held in conjunction with Fashion Week, the shopping mall hopes to make the event one of the highlights of the fashion calendar.

Fashion On One was kicked off with a Gala Party, attended by celebrities, and fashion industry notables.

The show featured over 40 fashion labels including such as Topshop, Forever21, Elle, Raoul, Ashworth and French Connection.

The fashion show was complemented by week-long promotions at the mall as well as the finale of the Malaysian Dreamgirl beauty competition.

rizalhakim

June 6th, 2008, 09:09 AM

AEON mall to host streetball challenge

http://thestar.com.my/archives/2008/6/6/central/m_46andi.jpg
THE third leg of the popular AND1 three-on- three Streetball Challenge will be held at the AEON (Jusco) in Bukit Tinggi, Klang on June 29.

As in past years, WCT Land is the venue sponsor for the challenge which is organised by Ossia World of Golf.

Successful partnership: Tew (second from left) and Saw (third from right) with members of the organising committee at the launch of the third leg of the AND1 three-on-three Streetball Challenge.

WCT Land sales and marketing manager Stewart Tew said they felt privileged to be part of the three-on-three challenge, which was an exciting and interesting event for youngsters.

“This season, the event will be held at the more spacious AEON (Jusco) shopping mall.

“Our support for the challenge is part of WCT Land's CSR programme.

“We want to play an active role in encouraging youngsters to be involved in healthy sporting activities.

“We also urge the public to come in full force to be part of the event. The organisers have lined up a series of events for spectators as well,” said Tew.

The streetball challenge has six age groups – four for boys and two for girls – and the organisers are expecting a maximum of 350 teams. The age groups for boys are Under-13, Under-15, Under-18 and Under -21 while those for girls are the Under-15 and Under-18.

Ossia World of Golf executive director Saw Swee Leong said they were grateful to WCT Land for being the venue sponsor.

“WCT Land have been our partners for almost five years. The partnership has proven to be a success in creating opportunities for youngsters to be involved in a healthy activity,” said Saw.

Participants will also have a chance to be involved in other activities, including freestyle competition, emcee, beatbox, breakdance competitions, creative innovation drawing and graffiti competition and slam dunk demonstration and competition.

Hip-hop recording artiste Dareyno will put up a show and there will also be interactive games. Attractive products from AND1 will be offered as lucky draw prizes.

Milo is the official beverage of the challenge while StarMetro is the official media.

The entry fee for each team is RM90. Each participant will receive an AND1 jersey and each team will get an AND1 basketball.

The top eight teams in each category will get prizes from AND1.

In conjunction with the challenge, AND1 will also be initiating a series of coaching clinics in Klang.

About 10 coaching clinics are being lined up in Klang and Kuala Langat. Schools can call 012-601 6869 or 012-204 3771 for more information on the clinics.

Fact File

AND1 Streetball Challenge

Date: June 29, 2008

Venue: AEON (Jusco) shopping mall, Bukit Tinggi, Klang

Time: 8am-6pm

Entry forms available at:

1. One Sports Trading, Klang (03-3342 9955)

2. Hoops Station, Summit USJ (03-8023 1229)

3. Echo Park, Times Square (03-2144 0211)

4. Echo Park, Mid Valley (03-2282 0127)

5. World of Sports, Subang Parade (03-5631 9578)

6. WCT Land, Klang (03-3324 3255)

7. Hoops Station, China Town (03-2031 4948)

8. Echo Park, Sunway Pyramid (03-5638 1121)

9. Echo Park, Sungei Wang (03-2141 7127)

10. www.and1malaysia.blogspot.com

rizalhakim

June 11th, 2008, 04:18 AM

Thai retailer to add stores in Malaysia
Published: 2008/06/11

JASPAL Co Ltd, a fashion retailer in Thailand, plans to add two stores in Malaysia — 1Utama in July and Mid-Valley Megamall in December.

Its assistant managing director, Viseth Singhsachathet, said the company expects to rake in RM3 million in sales from the Pavilion boutique this year.

"We are looking at a combined revenue of about RM10 million from the three stores,” Viseth said at the opening of the boutique in Pavilion in Kuala Lumpur yesterday.

rizalhakim

June 16th, 2008, 10:37 AM

Aero Mall, hi-tech park to boost Senai airport
By FARIK ZOLKEPLI

THE construction of the Aero Mall shopping complex and the Senai High Tech Park will help the Senai International Airport to become a logistics hub in five years.

Johor Mentri Besar Datuk Abdul Ghani Othman said development projects conducted by Senai Aiport Terminal Services Sdn Bhd (SATS) would increase the number of passengers and cargo at the airport and thus benefit Iskandar Malaysia as well.

“The airport will be the first in the country to have a shopping complex equipped with a commercial centre. It will include a hotel, bank, restaurant and entertainment facilities,” he said.

http://thestar.com.my/archives/2008/6/16/maritime/mt_23ghani.jpg
Datuk Abdul Ghani Othman (right) being briefed by Datuk Mohd Sidik Shaik Osman on the Aero Mall project.

Abdul Ghani said Aero Mall would have its own airport concept.

“With this, the airport will not only function as a location for airplanes to arrive and depart but will also become a high-tech hub for passengers as well as cargo to the rest of the world,” he told pressmen after launching the Aero Mall at the airport in Johor Baru.

The construction of the RM70mil Aero Mall is expected to be completed by December 2009.

SATS is also investing RM300mil to upgrade the main facilities at the airport such as increasing the length of the runways, equipping the runways with a new system and signal lights, as well as constructing runways catering to big aircraft.

“The upgrade is expected to take two years and once it is ready, the airport will be able to cater to big aircraft, both passengers and cargo,” Abdul Ghani said.

Meanwhile, SATS chief executive officer Datuk Mohd Sidik Shaik Osman said SATS would build the high-tech park on 800ha located beside the airport and economic zone.

“This will enable the park to become an interesting destination for high-tech sector investments. The park will be equipped with broadband and stable electrical supply without interruption,” he said.

2206

June 19th, 2008, 08:31 AM

3 'more' new shopping malls in kl

PAVILION
http://img254.imageshack.us/img254/8269/rimg0147ud7.jpg

http://img337.imageshack.us/img337/2130/rimg0161ps0.jpg

http://img352.imageshack.us/img352/8302/rimg0198yk7.jpg

http://img167.imageshack.us/img167/5140/rimg0180dh7.jpg

THE GARDEN
http://img66.imageshack.us/img66/6369/rimg0709ee7.jpg

http://img79.imageshack.us/img79/9687/rimg0735wo9.jpg

http://img71.imageshack.us/img71/3044/rimg0755nq6.jpg

http://img301.imageshack.us/img301/1483/rimg0763jo9.jpg

SUNWAY PYRAMID
http://img264.imageshack.us/img264/9904/rimg0008ta0.jpg

http://img264.imageshack.us/img264/8021/rimg0009dd4.jpg

http://img265.imageshack.us/img265/4439/rimg0046ki2.jpg

http://img441.imageshack.us/img441/9527/rimg0043db4.jpg

http://img177.imageshack.us/img177/5967/rimg047in4.jpg

cny decoration http://www.skyscrapercity.com/showthread.php?t=215407&page=6

rizalhakim

June 20th, 2008, 04:44 AM

Two-day Village Fest a celebration of wellness

THE Bangsar Village II shopping centre will be holding a two-day Village Fest celebrating “Mind, Body and Spirit” this weekend.

The fest will bring together practitioners and businesses sharing useful information on wellness of all sorts.

The event includes yoga classes, exhibitions, displays, food tasting, book readings, art and craft for the children, music, dances and a series of talks by professionals and practitioners.

The talks will cover topics such as astrology, chiropractic care, Reiki, Feng Shui, Vasthu Sastra and Ayurveda for peace and stress management.

Author Madam Zorra will present a talk on “The Mysteries of the Face” at 6pm tomorrow and columnist T. Selva will speak on “Vasthu Sastra and Pyramid Power for Peace, Happiness and Prosperity” at 2.30pm on Sunday.

The Village Fest bazaar featuring booths selling health food, natural beauty products, new age books and music, is a must-visit for visitors.

The food market will be a talking point in itself as there will be different healthy dining options such as salads, freshly-prepared fare as well as a juice bar.

Bangsar complex manager Tan Joon Kai said the event was the first in a series of Village Fests which will become a platform for Bangsar Village II to bring current as well as relevant interests to the community that it serves. For details, call 03-2288 1200 or log on to www.bangsarvillage.com

http://www.streetdirectory.net.my/stock_images/malaysia/simg_show/my_11847563330261/1/bangsar_village/

rizalhakim

June 25th, 2008, 10:21 AM

CapitaLand buys 62pc of Malaysian mall for S$250m
Published: 2008/06/25

http://www.kiddostickers.com/image/contact_us/sungei_wang_plaza.jpg

The acquisition of the Sungei Wang Plaza mall means the Singapore firm is on course to set up its Malaysian REIT by year-end

SINGAPORE: Southeast Asia’s largest property developer CapitaLand said today it had paid S$250 million (US$183 million) for 62 per cent of a retail mall in Malaysia.

CapitaLand chief executive Pua Seck Guan said the latest acquisition puts the Singapore-listed firm on track to set up its Malaysian retail real estate investment trust (REIT) by the end of this year.

“Together with the earlier acquisitions of Gurney Plaza and Mines Shopping Fair, the three assets collectively amount to a total asset size of approximately S$840 milion (US$614.5 million),” Pua said in a statement.

The retail space in the Sungei Wang Plaza mall is located in the popular Bukit Bintang retail belt in Kuala Lumpur and includes parking lots.

The mall has close to 100 per cent occupancy and sees more than 24 million visitors annually. - Reuters

plz redevelop dis mall n make it the best in the world....

rizalhakim

June 26th, 2008, 04:13 AM

CapitaLand buys 62pc of Sungei Wang's retail area
By Zurinna Raja Adam Published: 2008/06/26

THE Singapore-based CapitaLand Ltd has bought 62 per cent of the retail area at Sungei Wang Plaza for RM595 million.

The purchase covers 510,418 million sq ft retail area and parking bays at the mall, which enjoys close to 100 per cent occupancy and more than 24 million visitors annually.

CapitaLand, which is also the largest real estate company in Southeast Asia, had undertaken an asset securitisation structure for the purpose, which its spokesperson said was the most suitable platform at the moment.

"This asset base structure the company has decided upon is the most optimum capital structure for the purpose," the spokesperson told Business Timess yesterday.

The mall is held by a special purpose vehicle, Vast Winners Sdn Bhd, which has issued three tranches of senior medium- term notes and a tranche of subordinated Class D medium- term notes.

Under the exercise, CapitaLand subsidiary Gain 888 Investments Pte Ltd has fully subscribed to the subordinated Class D medium-term notes, worth about RM338 million, which are under equity bond.

The remaining Class A, B and C medium-term notes, which fall under debt, are undertaken by a Malaysian financial institution.

Commenting on the acquisition, chief executive officer Pua Seck Guan said the purchase puts CapitaLand's plan to create a Malaysian retail real estate investment trust (REIT) this year on track.

CapitaLand had earlier bought Gurney Plaza in Penang and Mines Shopping Fair in Seri Kembangan, near Kuala Lumpur. Collectively, the three assets amount to approximately RM2 billion.

"Through our proactive management and by leveraging on our retail real estate management expertise, there are tenancy remixing opportunities to create significant value at Sungei Wang," Pua said in a statement.

Last year, Landmarks Bhd sold Sungei Wang Plaza for RM284.8 million cash to Kencana Property Management Sdn Bhd, which is 70 per cent owned by Abdul Jaliludin Jamalludin and 30 per cent by Simon Wee Howe Yew.

Opened in 1977, the eleven-storey mall has over 824,000 sq ft retail area, more than 800 retail outlets and 1,300 parking bays.

they bought it 4 more than half billion....its show dat sungei wang plaza really a profitable property

rizalhakim

June 27th, 2008, 04:27 AM

WCT unit to build mall for Aeon
Published: 2008/06/27

WCT Bhd's subsidiary, WCT Construction Sdn Bhd, has won a RM287.8 million contract from Aeon Co (M) Bhd, the operator of Jusco stores, to build a shopping mall in Malacca.

rizalhakim

June 27th, 2008, 10:06 AM

Kamdar to set up 3 stores by year-end
Published: 2008/06/27

KAMDAR Group (M) Bhd plans to set up three new stores by year-end.

Its chief executive officer, Jayesh Kamdar, said they would be in Kota Kinabalu, Kuching and Taiping.

“We will allocate about RM3 million to set up the stores in Kota Kinabalu and Kuching. It is too early to decide on the amount for the Taiping store as we are still looking for the location and building,” he said after the company’s annual general meeting today.

Currently it has 22 stores.

Jayesh said despite high production costs due to fuel price increase, the company has no plans to raise the prices of its products.

“For the moment we are not going to increase the prices of our products but we will review them later if necessary,” he said. — Bernama

TWK90

June 27th, 2008, 10:13 AM

WCT unit to build mall for Aeon

This should be the second time WCT build Aeon mall after the one in Klang...

rizalhakim

June 28th, 2008, 04:15 AM

Kamdar to add new stores and start franchise scheme

KUALA LUMPUR: Textile retailer Kamdar Group (M) Bhd, which dropped a proposal to pay dividends to shareholders after creditors shot down the plan, said it will continue to add new stores despite concerns that consumers may spend less on clothing due to rising fuel and food prices.

“We got to take advantage of the situation and be aggressive in our pricing and expansion strategy,'' chief executive Jayesh Kamdar told reporters after the company AGM yesterday.

He added that the group was confident of achieving its targeted growth number in the current year ending Dec 31, 2008 (FY08).

“We expect a better year ahead based on our performance in the past six months,'' he said.

Kamdar reported a slight loss in the first quarter ended March 31 due to taxation. The first quarter is also traditionally the weakest period for the retailer.

Over the next two months, Kamdar will open its first two stores in Sabah and Sarawak - one each in Kota Kinabalu and Kuching. The company is also waiting for the green light from local authorities for an outlet in Taiping, Perak.

Kamdar currently has 22 stores across the peninsular, mostly in smaller towns. It plans to add 50 new outlets in the coming years under a franchising scheme with local entrepreneurs.

“Banks, however, are quite reluctant to give financing to our potential franchisees,'' Jayesh said. He added that Kamdar had already lined up three or four potential entrepreneurs for its franchise programme.

“Kamdar has a good profit track record and a good brand name. We believe the franchising scheme will work with enough support.'' he said.

Earlier this month, bondholders blocked the retailer's proposal to pay a final dividend of 5% for the financial year ended Dec 31, 2007 after the group's bond rating fell below a level pre-agreed upon by the parties involved.

Rating Agency Malaysia Bhd in November 2006 downgraded Kamdar's RM60mil bond issue that will expire in November 2009 to BBB2 from A3 previously, largely to a weak industry outlook.

Kamdar needs to seek bondholders' consent before it can pay dividends if the debt papers fail to maintain a bond rating of A2 or above.

Jayesh said he hoped the issue with the bondholders would be resolved, as the company had remained profitable despite the tougher operating environment.

Last year Kamdar reported a 5% growth in revenue to RM177mil, while after-tax profit surged 64% to RM4.8mil.

Kamdar derived 55% of its sales and profits from textiles and home furnishing last year, targeting customers in the middle and lower income groups. In-house brand apparel made up the rest.

rizalhakim

July 2nd, 2008, 08:34 AM

YTL Corp To Refurbish Lot 10 For RM20 Million

KUALA LUMPUR, June 27 (Bernama) -- YTL Corp Bhd will refurbish the Lot 10 shopping mall in Jalan Bukit Bintang here at a cost of RM20 million as part of a rebranding exercise.

YTL managing director Tan Sri Francis Yeoh said the refurbishment was expected to be completed by the end of this year.

"The physical renovation is designed to strengthen the shopping experience of the younger generation," he told reporters after opening the Jackie Chan's Cafe at Lot 10 Friday.

Following the refurbishment, rental at the Lot 10 would be increased by 20 percent.

YTL Corp also intends to build a Lot 10 shopping mall in Dubai and Kazakhstan to complement its flagship shopping complex, the Starhill Gallery, planned for both places.

The Starhill Gallery in Dubai is scheduled for completion in 2009 while an agreement has just been inked to build one in Almaty, Kazakhstan.

"We are confident of attracting investors for the Lot 10 project in Dubai and Kazakhstan," Yeoh said.

Both the Lot 10 and Starhill Galleries in Dubai and Kazakhstan will be managed by YTL Corp.

In the case of The Ritz-Carlton and JW Marriott hotels in Jalan Bukit Bintang, Yeoh explained that investors paid YTL Corp US$1.5 million to manage both. YTL Corp also receives four percent in revenue sharing.

Commenting on the retail business in Bukit Bintang, Yeoh said: "With new developments in this area such as the Pavilion, sales volume from shops in Starhill Gallery has increased by 40-50 percent."

Since 1999, Malaysia has been globally competitive in the retail industry, attracting visitors from West Asia, Singapore and China. They spend almost RM1 billion annually on YTL's shopping strip or Bintang Walk.

--BERNAMA

http://upload.wikimedia.org/wikipedia/commons/thumb/7/7e/Lot_10,_Star_Hill,_Kuala_Lumpur.jpg/800px-Lot_10,_Star_Hill,_Kuala_Lumpur.jpg

rizalhakim

July 2nd, 2008, 10:12 AM

SP Setia in venture to build RM750m mall
Published: 2008/07/02

The 50:50 venture with Australia's Lend Lease Asian Retail Investment Fund 2will buy 30.5 acres for RM119.57 million to build the mall in Setia Alam, Shah Alam

PROPERTY developer SP Setia, via its subsidiary Bandar Setia Alam Sdn Bhd, today set up a company with an Australian-based wholesale real estate development fund to develop a RM750 million retail mall at its flagship township Setia Alam in Shah Alam.

The Lend Lease Asian Retail Investment Fund 2 Ltd is part of Lend Lease Corporation Ltd, a multinational property development group.

SP Setia’s group managing director Tan Sri Liew Kee Sin said the 50:50 joint venture project is expected to contribute to the group by the end of 2011 after its completion.

The joint venture company called Greenhill Resources Sdn Bhd will acquire from Bandar Setia Alam 30.5 acres of freehold land in Precinct 1 for RM119.57 million, which is inclusive of the development cost, for the mall project.

With a gross floor area of about 1.23 million square feet, Greenhill has appointed American-based design architect, The Jerde Partnership, to create an iconic landmark.

Liew said the mall is targeted to be completed by 2011 and planned as a destination regional mall that not only served the Setia Alam and Setia Eco Park townships, but also to attract the larger Klang Valley population.

There are about 350,000 households within the 30-minute driving perimeter of the proposed mall, which is expected to start construction within the next six months, he said.

According to Liew, the mall will help the group achieve its 20 per cent target of building commercial products in the next two to three years from two per cent now.

He said the group has also reserved land around the mall area vicinity should the government decide to extend the light rail transit (LRT) system to that part of Selangor.

On SP Setia’s performance, Liew said the group is confident of posting a better result for its fourth quarter this year following improved sales.

The group, he said, has been registering sales of between RM100 million and RM120 million monthly.

“We are confident of achieving total sales of RM1.5 billion this year from RM1.2 billion last year,” he added.

On the group’s project in Vietnam, Liew said it is still on with the expected launch in October this year despite the economic downturn there.

“What is happening in Vietnam is similar to what we experienced in the 1997/98 financial crisis. Their interest rate is about 20 per cent while ours now is about six per cent,” he said.

According to him, the project will benefit SP Setia in the long run, especially when Vietnam posts a turnaround, adding that the group also expects to buy more land there. — Bernama

SP Setia in RM750m retail mall JV
By JOSEPH CHIN

KUALA LUMPUR: SP Setia Bhd is building a RM750mil retail mall in its Setia Alam township in Shah Alam under a joint venture.

SP Setia said Tuesday the retail mall would have a gross floor area of about 1.23m million sq. ft.

“The retail mall targeted to be completed by 2011 is planned as a ‘destination’ shopping mall that not only serves the households within the Setia Alam and Setia Eco Park townships, but also attracts the wider population of Klang, Shah Alam, Subang Jaya and Petaling Jaya,” it said.

Under the corporate exercise, its unit Bandar Setia Alam Sdn would dispose of 30.5 acres of freehold land in its Setia Alam township to Greenhill Resources Sdn Bhd for RM119.57mil.

Bandar Setia Alam would then team up with Lend Lease Asian Retail Investment Fund 2 Ltd, to develop the retail mall on the site.

The latter is a wholesale real estate development fund managed by Lend Lease Investment Management Pte Ltd and based in Bermuda with an investment mandate in the Asia Pacific region.

rizalhakim

July 3rd, 2008, 03:35 AM

SP Setia beefs up commercial assets
By Sharen Kaur Published: 2008/07/03

http://www.btimes.com.my/Thursday/Frontpage/SETI.xml/homepix_right1

The developer is shifting its strategy by increasing its commercial property portfolio from three per cent now to 20-30 per cent in two to three years

SP SETIA Bhd, Malaysia's most valuable property developer, plans to build its first retail mall for RM750 million as part of plans to have more commercial assets.

Almost all of the group's income now comes from residential property but it wants to change that strategy.

"We are planning to increase our commercial content from three per cent now to some 20 to 30 per cent in two to three years. We want to move into commercial as the properties will give us higher value," group managing director Tan Sri Liew Kee Sin told reporters at a briefing in Shah Alam yesterday.

The four-level mall will be built within Setia City, the commercial hub of its flagship township, Setia Alam, in Shah Alam, Selangor. It will have almost as much space as the popular Mid Valley Megamall, with a gross floor area of 1.23 million sq ft.

SP Setia's unit, Bandar Setia Alam Sdn Bhd (BSA), will build it with Lend Lease Asian Retail Investment Fund 2 Ltd (ARIF) via an equally owned joint venture firm, Greenhill Resources Sdn Bhd.

ARIF is a real estate fund advised by Lend Lease Investment Management Pte Ltd, which is part of Lend Lease Corp Ltd, an Australian property group.

The mall is the fund's first retail project in Malaysia.

The mall, which may include a hypermarket, is expected to be opened by the end of 2011 as construction starts in the next six months.

At the signing of the joint venture agreement in Kuala Lumpur yesterday, Liew said Greenhill will buy 12.2ha from BSA for RM119.57 million.

There is also a hospital and university campus project in the pipeline at the 63.2ha Setia City, he said.

"We expect profits from the retail mall to flow through after 2011," he added.

Liew did not rule out building more commercial properties with ARIF, adding that it would sell more land to the Australian fund if it wants.

Meanwhile, Liew said SP Setia is on track to meet its RM1.5 billion sales target this year as it has been achieving monthly sales of up to RM120 million from its mature townships.

It has 16 ongoing projects worth RM30 billion.

The firm made a net profit of RM260 million for the 12 months to October 31 last year. Its revenue was RM1.15 billion.

Liew said SP Setia will continue to launch new projects despite weak market sentiments globally. It is also on track to launch its RM2.5 billion EcoLakes project in Vietnam by October.

rizalhakim

July 3rd, 2008, 03:54 AM

SP Setia to build RM750m retail mall

KUALA LUMPUR: SP Setia Bhd will build a RM750mil retail mall in Setia City, a commercial hub at flagship township Setia Alam in Shah Alam.

The developer, via subsidiary Bandar Setia Alam Sdn Bhd, yesterday entered into a 50:50 joint venture with Lend Lease Asian Retail Investment Fund 2 Ltd (ARIF) to develop the mall. ARIF is part of Lend Lease Corp Ltd, a multinational property development group.

The joint-venture company, called Greenhill Resources Sdn Bhd, will acquire 30.5 acres of freehold land in Precinct 1 from Bandar Setia Alam for RM119.57mil.

The proposed mall has a gross floor area of about 1.23 million sq ft. Greenhill has also appointed US-based design architect The Jerde Partnership to create an iconic landmark.

SP Setia group managing director Tan Sri Liew Kee Sin said the project was expected to contribute to the group after its completion at end-2001.

“We expect to start building the mall within six months. We are currently waiting for approval from the Selangor government,” he said after the agreement signing yesterday.

To a question, Liew said the higher building material prices had already been factored in the gross development value of the mall.

“The mall will help us achieve our 20% target of building commercial products in the next two to three years from 2% currently,” Liew said, adding that the mall was expected to attract customers from the larger Klang Valley population as well as Setia Alam and Setia Eco Park townships.

He said there were about 350,000 households within 30-minute driving radius of the mall.

“We have also reserved land around the mall area should the Federal Government decide to extend the light rail transit system to that part of Selangor,” he said.

On its financial performance, Liew said the group was confident of achieving total sales of RM1.5bil for the current financial year ending Oct 31. He expected the group to post better fourth-quarter results following improved sales.

“We have been recording sales of RM100mil to RM120mil monthly,” Liew said, adding that the group registered RM50mil revenue over the weekend.

Commenting on SP Setia’s project in Vietnam, he said the group would continue with its launch plan despite the slowdown in the country’s economy. He said the launch would be held in October when its showhouses were ready.

“What is happening in Vietnam is similar to what we experienced in the 1997/98 financial crisis. Its interest rate is about 20% while ours now is about 6%.”

The project would benefit SP Setia in the long run, especially when Vietnam turned around, Liew said, adding that going forward, the group would be buying more land there.

rizalhakim

July 3rd, 2008, 07:20 AM

SP Setia, ARIF bina pusat beli belah terbesar

http://farm4.static.flickr.com/3080/2632481609_8d73f11f8d_o.jpg
Liew Kee Sin menunjukkan model kompleks membeli-belah bernilai RM750 juta yang dibangunkan oleh SP Setia dan ARIF di Setia Alam, Shah Alam.

--------------------------------------------------------------------------------

KUALA LUMPUR 2 Julai - SP Setia Bhd. Group (SP Setia) dan Lend Lease Asian Retail Investment Fund 2 Ltd. (ARIF) bakal melabur sebanyak RM750 juta untuk membangunkan sebuah pusat membeli-belah di Setia Alam, dekat Shah Alam, Selangor.

Pusat membeli berkeluasan 1.23 juta kaki persegi itu dipercayai antara yang terbesar di Malaysia apabila pembinaannya siap pada 2011.

Pengarah Urusan dan Ketua Pegawai Eksekutifnya, Tan Sri Liew Kee Sin berkata, SP Setia dan ARIF akan menubuhkan syarikat bersama, Greenhill Resources Sdn. Bhd. (Greenhill) yang akan membeli 12.16 hektar tanah untuk pembangunan kompleks membeli-belah itu daripada Bandar Setia Alam Sdn. Bhd. (BSA) pada harga RM119.57 juta.

''Projek ini amat sangat signifikan kepada SP Setia untuk melangkah menjadi peserta dalam industri pembinaan komersial selepas berjaya meletakkan kedudukan kukuh sebagai pemaju hartanah di negara ini.

''Tanah ini merupakan sebahagian daripada 63.2 hektar tanah di Precint 1 milik BSA di Setia Alam.,'' katanya.

Beliau menyatakan demikian pada sidang akhbar selepas majlis menandatangani perjanjian antara SP Setia dan ARIF di sini, hari ini.

BSA dan ARIF akan menguasai Greenhill dengan membabitkan nisbah pemilikan setara.

Menurut Kee Sin, ARIF adalah dana pembangunan hartanah borong oleh Lend Lease Investment Management Pte. Ltd. merupakan sebahagian Lend Lease Corp. Ltd. (Lend Lease), sebuah kumpulan pembangunan hartanah yang berpangkalan di Sydney, Australia.

Tambahnya, Greenhill telah melantik firma arkitek yang berpangkalan di Amerika Syarikat, The Jerde Partnership (Jerde) untuk mereka bentuk kompleks berkenaan supaya ia menjadi ikon seperti senibina lain di dunia.

Jelas beliau, projek yang akan dimulakan dalam tempoh enam bulan lagi bakal siap pada 2011 dan dijangka mampu memberi kemudahan membeli-belah dan rekreasi kepada 350,000 buah kediaman dalam lingkungan 30 kilometer dari kawasan berkenaan.

''Bagaimanapun dengan berkonsepkan 'kawasan untuk semua' kompleks ini dijangka turut mampu menarik penduduk Lembah Klang dan pelancong asing,'' ujar beliau.

Tambah beliau, syarikat itu juga menyediakan tanah rizab kepada kerajaan bagi pembinaan transit aliran ringan (LRT) pada masa depan.

Mengulas pembabitan syarikat itu dalam projek komersial, Kee Sin berkata, kumpulan tersebut berhasrat untuk mencapai 20 peratus bagi produk komersial dalam tempoh dua hingga tiga tahun lagi.

Setakat ini, projek komersial hanya menyumbang antara dua hingga tiga peratus kepada SP Setia.

Dalam pada itu, beliau yakin kumpulan itu mampu mencapai prestasi kewangan lebih baik pada suku keempat berikutan peningkatan jualan hartanahnya.

''Walaupun kenaikan harga minyak dan pasaran saham tidak menentu namun ia tidak menjejaskan jualan SP Setia,'' katanya.

Katanya, SP Setia mencatatkan jualan antara RM100 juta hingga RM120 juta setiap bulan.

rizalhakim

July 3rd, 2008, 10:42 AM

AEON to spend RM250m over 12 months
Published: 2008/07/03

The investment is for opening Jusco stores in Penang, Johor and the Klang Valley

AEON Co (M) Bhd, operator of the Jusco supermarket and department store chain, aims to open 10 stores in two years, including three within the next 12 months.

Managing director Nagahisa Oyama said today the group planned to invest RM250 million over the next 12 months in new stores at Seberang Prai in Penang, Johor Baru in Johor and Ampang in the Klang Valley.

AEON now has 18 stores and five supermarkets nationwide, he said after a signing ceremony between AEON and Telekom Malaysia Bhd (TM) for the
“AEON Careline” hotline service.

Oyama said the new hotline service would be managed by VADS Bhd, a subsidiary of TM which focused on managed information and communications technology (ICT) services.

“Under the agreement, TM will be the telecommunications infrastructure provider while VADS will provide its contact centre expertise in building and managing the careline service,” he said.

Oyama said AEON had invested RM2.3 million in the new contact centre.

“With the rapid expansion of our stores and shopping centres, we expect to see an increase in the number of enquiries from our customers with regard to our sales information, promotion, product usage and warranty as well as other matters of concern to them,” he said.

The AEON Careline service will have a single hotline under the 1-300-80-3535 number for customers to make enquiries. — Bernama

rizalhakim

July 3rd, 2008, 10:43 AM

rizalhakim

July 5th, 2008, 08:12 AM

Aeon plans 10 new outlets

Jusco stores operator aims to do this in 2 years

KUALA LUMPUR: AEON Co (M) Bhd, operator of the Jusco supermarket and department store chain, aims to open 10 new stores in two years, including three in the next 12 months.

Managing director Nagahisa Oyama said yesterday the group planned to invest RM250mil over the next 12 months in new stores at Seberang Prai in Penang, Johor Baru in Johor and Ampang in the Klang Valley.

Currently, AEON had 18 stores and five supermarkets nationwide, he said after a signing ceremony between AEON and Telekom Malaysia Bhd (TM) for the “AEON Careline” hotline service.

Oyama said the new hotline service would be managed by VADS Bhd, a subsidiary of TM which focuses on managed information and communications technology (ICT) services.

From left: VADS CEO Dennis Koh, TM Retail Enterprise vice president Ghazali Omar, Nagahisa Oyama and AEON senior general manager support Poh Ying Loo after the signing. - Bernama

“Under the agreement, TM will be the telecommunications infrastructure provider while VADS will provide its contact centre expertise in building and managing the Careline service,” he said.

Oyama said AEON had invested RM2.3mil in the new contact centre.

“With the rapid expansion of our stores and shopping centres, we expect to see an increase in the number of enquiries from our customers with regard to our sales information, promotion, product usage and warranty as well as other matters of concern to them,” he said.

The AEON Careline service will have a single hotline under the 1-300-803535 number for customers to make enquiries. – Bernama

rizalhakim

July 5th, 2008, 08:37 AM

Enjoy great discounts during Mega Sale period at mall
By THO XIN YI

THERE are more reasons to shop at 1 Utama Shopping Centre during this Mega Sale period.

From July 5-Sept 1, a Shop Wise Win Big contest will be held where shoppers only need to spend a minimum of RM100 in a single receipt, or accumulate two receipts on the same day from participating outlets, and answer three simple questions to participate.

Great cooperation: Teo (centre) with sponsors at the shopping mall.

Among the lucrative prizes worth RM500,000 in total are Nissan X-Trail (2.0L), Sony Bravia 46”, Sony Vaio laptops, Osim Usqueeze and Urobic massagers, Sony Ericsson T650 handphones, OneCard gift cards and Parkson vouchers.

Shoppers using Maybankard credit cards or debit cards and American Express cards will have double chances of winning.

Winners will be selected through a pre-determined serialised number system.

To help shoppers save more, free parking will be provided every Wednesday during the sale period.

With a minimum purchase of RM100 in a single receipt or accumulation of two receipts on the same day from participating outlets, a free 1 Utama OneCard membership will be given away.

Shoppers using Maybankard credit cards or debit cards and American Express card, who spend above RM188 in a single or two combined receipts, will receive a free M2U tote bag.

To enjoy more discounts and sales promotions, head to 1 Utama's Home Fair on Aug 1-10 and Digital & Gadget Fair on Aug 21-Sept 1.

There will also be a Youth Fest on July 2-8.

1 Utama Shopping Centre director Datuk Teo Chiang Kok said, “Our shopping extravaganza is consciously designed to stretch your ringgit and to give shoppers and tourists extra mileage and better incentives while they shop.”

rizalhakim

July 9th, 2008, 05:12 AM

I-Berhad seeks foreign investors for mall project
By Vasantha Ganesan Published: 2008/07/09

http://www.btimes.com.my/Monday/OurPick/ibhd3-2.xml/Article/Current_News/BTIMES/Images/btgraph9/icity9.jpg

I-BERHAD (I-Bhd) is in talks with several foreign institutional investors to set up a joint venture to develop the shopping complex component of the i-City project's second phase in Shah Alam, Selangor.

I-Bhd hopes to set up a 70:30 joint venture (JV), with the foreign institution holding the majority, to build an international class shopping complex which has an estimated gross development value (GDV) of RM500 million.

"We will set up a JV and sell the land to the JV partner. We will then develop it together and let our partner manage the shopping complex," I-Bhd deputy chief executive officer Lim Boon Siong said.

"We are looking at shopping centre partners who have the expertise in managing shopping centres for this joint venture," he said.

Lim, in a recent press conference in Sydney, Australia, said that I-Bhd could make an announcement on the development in the third quarter of 2008.

"The mall will have one million square feet gross lettable area which is comparable to the Mid Valley Mega Mall in Kuala Lumpur," he said.

i-City, Lim said, is creating an entire new community which is IT advanced and is a lifestyle hub. As such, a mall which services this community is required.

To be ready in 2011, the mall will cater to about 30,000 office population within the i-City township and 50,000 when the entire project is completed in 2012.

I-Bhd believes that the mall will be successful as there is no such shopping destination between Shah Alam and Klang. The catchment for the mall, based on a 15 km radius, is estimated to be around 1.5 million.

On the corporate towers within i-City, which are now at the planning stage, Lim said the company has received enquiries from institutional investors from Korea, the Middle East and Singapore.

"They are interested in buying either one tower or to manage it as a business park," he said.

rizalhakim

July 9th, 2008, 07:49 AM

Residents pine for Jaya super market
Sheila Sri Priya

http://www.nst.com.my/Streets/Wednesday/Stories/2288502/insidepix1
Jaya Supermarket was once popular with Petaling Jaya folk.

PETALING JAYA: Residents of Section 14A, Petaling Jaya, want the the once-popular Jaya Supermarket to be redeveloped as soon as possible.

Section 14A Neigbourhood Watch chairman Tee Kee Tian said the residents hope the redevelopment can start soon because of the loss of convenience to them.

"We used to do all our shopping there, but now we have to travel to Kelana Jaya or Mid Valley," he said.

He said the developer CIMB has sent representatives to photograph the houses surrounding the redevelopment area.

"The good news is that house owners affected by the redevelopment project will be compensated accordingly should any problems arise in the course of the redevelopment."

rizalhakim

July 10th, 2008, 04:54 AM

Festive launch for shopping carnival
By JAYAGANDI JAYARAJ

THE Pavilion Kuala Lumpur's shopping carnival, which is being held in conjunction with the Malaysian Mega Sale Carnival that runs from July 5 to Sept 1, was launched on Saturday with lots of colour and music.

Tagged “Sale and The City”, the official launch by Tourism Ministry secretary general Datuk Dr Ong Hong Peng began with full fanfare in the mall's forecourt.

The event attracted many local and foreign shoppers with its variety of shows. These included synchronised performances by drum percussion group Rabak and the Assemble Marching Band by the Victoria Institution, Kuala Lumpur.

http://thestar.com.my/archives/2008/7/10/central/p22performers.jpg
One for the album: Visitors posing for photographs with some of the performers.
They were also busker-style street activities in the vicinity.

Shoppers at the mall also enjoyed extended shopping hours for the day until 11.30pm at participating anchor tenants such as Parkson Pavilion and Tangs and more than 100 specialty stores mall-wide.

Shoppers can expect themed sales promotions, shopping contests, redemption programmes, weekly activities and fashion shows over the coming weeks.

“The Sale and the City is to excite both novice and seasoned shoppers as they will be able to indulge and experience the mall's different precincts with the very best in shopping, dining and rejuvenating – with the shopping centre's astounding discounts and special offers,” said Pavilion marketing general manager Kung Suan Ai at the launch.

rizalhakim

July 10th, 2008, 05:45 AM

Dua lagi butik FOS

FACTORY Outlet Store (FOS), gedung menjual pakaian jenama antarabangsa merancang membuka dua lagi butik iaitu di One Utama, Petaling Jaya dan Kota Kinabalu, Sabah akhir Julai ini membabitkan RM2.5 juta.

FOS mensasarkan membuka 40 butik menjelang akhir tahun ini turut menghimpunkan pelbagai jenama yang boleh dibeli di bawah satu bumbung kepada pelanggan di seluruh negara.

Setakat ini, FOS mempunyai 36 butik di seluruh negara.

Pengurus Bahagian Sistem Informasi Maklumat FOS, Michelle Yeo, berkata perancangan itu dibuat berdasarkan sokongan dan permintaan pelanggan di samping dorongan keuntungan yang diperoleh tahun lalu.

“Butik di One Utama yang bakal dibuka berukuran 929.03 meter persegi dengan pelaburan RM1.5 juta, manakala di Kota Kinabalu 650.321 meter persegi dengan pelaburan RM1 juta.

“Dengan pertambahan dua kedai itu, jumlah butik FOS bertambah menjadi 38 sekali gus meluaskan lagi jaringan perniagaan gedung ini,” katanya ketika ditemui selepas pembukaan gedung kedua FOS di City Square, baru-baru ini.

Pembukaan gedung terbesar di Malaysia dengan keluasan 45,750 meter persegi adalah yang kelima setakat ini di Johor dan mensasarkan produk pakaian mampu dibeli pengguna selain menawarkan puluhan jenama serta kualiti berpatutan.

so...its bigger than FOS Midvalley huh????

rizalhakim

July 11th, 2008, 04:52 AM

US band wows the crowd

WEARING their air force uniforms on stage, the United States Air Force Band of the Pacific rocked the house at 1 Utama Shopping Centre last Saturday.

Shoppers passing-by did not expect that a band will be playing in the mall and stood there tapping their feet and clapping away as the band played mainly rock & roll music and US top 40 charts.

http://thestar.com.my/archives/2008/7/11/central/m_pg37rick.jpg
Entertaining: The band playing for the crowd at the 1 Utama Shopping Centre.

However, after the performance, the band then surprised the crowd by singing a local song Rasa Sayang, which received loud applause.

The six-member band known as Top Cover, from Alaska, arrived in Kuala Lumpur last week and this was the only public performance.

Two vocalists – Master Sergeant John Teamer and Staff Sergeant Alyson Jones – kept the crowd well entertained.

US embassy cultural affairs public diplomacy officer Cody C. Taylor said the band was here to strengthen ties between the two countries.

http://thestar.com.my/archives/2008/7/11/central/m_pg37alyson.jpg
Good: Jones (right) and Teamer (second from right) crooning away.

“They had performed at Taylor's College and at orphanges during their visit to Kuala Lumpur.

“The band was happy to be here especially with the warm welcome from Malaysians. They also loved Malaysian food and are trying all types of food,'' she added.

Taylor added that the band was established in 1942.

wonderfullife2008

July 13th, 2008, 07:59 AM

who can tell which shopping centre is the best?

SEED

July 13th, 2008, 01:42 PM

^^ i think all of them hav their own unique features and things they sell.. dont think theres ny thats the best.. but it also depends on wat certain people wants to buy and r lookin for when they go shoppin..

rizalhakim

July 17th, 2008, 04:08 AM

Asian shopping mall operators meet to tackle issues
By Zaidi Isham Ismail Published: 2008/07/17

ASIA'S shopping complex operators will meet on October 29 to discuss current and future shopping trends and find ways on how to tackle the various challenges.

Malaysian Association for Shopping and Highrise Complex Management president Joyce Yap said among issues facing mall operators include rising inflation, dwindling tourist arrivals, rising costs, poor sales, staff-pinching and intense competition among Asia's shopping complex operators.

"Malaysia's 200,000 shopping tenants, for example, are not sure about the impact of the recent political uncertainty which could lead to a drop in tourist arrivals and shopping activities.

"We will get a clearer picture once the Mega Sales, which started on July 5 ends on September 5," Yap told Business Times in Kuala Lumpur yesterday after a preview of the upcoming conference.

Organised by the Council of Asian Shopping Centres, the three-day conference, which will be held at One World Hotel, Petaling Jaya, will be launched by Tourism Deputy Minister Datuk Seri Sulaiman Abdul Rahman.

Council members include the shopping centre associations of Malaysia, Singapore, Indonesia, Hong Kong, China and the Philippines.

During the conference, working papers will also be delivered by speakers like Limkokwing University of Creative Technology founder Tan Sri Dr Lim Kok Wing, AirAsia group chief executive Datuk Seri Tony Fernandes and Metro Kajang Group managing director Datuk Eddy Chen.

rizalhakim

July 17th, 2008, 05:57 AM

DBKL counters at shopping centres

City Hall director-general Salleh Yusup (left) and mayor Datuk Ab Hakim Borhan holding the 1m x 2m Jalur Gemilang which will be sold at RM8 at its payment counters.

KUALA LUMPUR: In conjunction with Merdeka Day celebrations, City Hall (DBKL) will open several counters in the city for the public to pay their assessment fees from Aug 1 to Aug 31.

The counters will be at Berjaya Time Square, Jaya Jusco Taman Maluri Cheras, Tesco Extra Taman Midah Cheras, Jusco Metro Prima Kepong, Carrefour Wangsa Maju and Mid Valley Megamall.

Jalur Gemilang flags, costing from RM1.50 to RM15.00, will be on sale at the counters.

The public can also pay their assessment fees online at maybank2u.com.my, CIMB, Citibank, Ambank, NSBC, EON Bank, Bank Rakyat, Public Bank, RHB, MBFcards.com, My EG services, My Speed, Konsortium and Multimedia.

rizalhakim

July 21st, 2008, 08:23 AM

Shopping mall in full bloom
By THO XIN YI

TENS of thousands of colourful blooms added colour to the ground floor of Sunway Pyramid, turning it into an attractive garden.

The display, set up in conjunction with the Malaysia Flora Fest 2008, was dubbed the Malaysian Garden of Eve.

Its concept revolves around the theme of Harmony in Bloom and it uses cultural musical instruments as the focal depiction to portray the harmony of Malaysia's multi-cultural population.

http://thestar.com.my/archives/2008/7/21/central/m_pg21flowers.jpg
For decoration only: The musical instruments made of flowers.

Among the instruments showcased were the Rebana Ubi, Er Hu and the Sitar, along with the various musical notes.

The 25,000 stalks of local flora used in arranging the garden included chrysanthemum, orchid, lily, rose, hydrangeas and even vegetables.

Tourism Malaysia deputy director-general Datuk Razali Mohd Daud, who launched the ceremony, applauded Sunway Pyramid's efforts in bringing the beauty of nature to the urban folks.

“Our country is lucky to be endowed with flora of various kinds and species. We have more than 8,000 species of flowers and we also have more than 13,000 species of plants and trees.

http://thestar.com.my/archives/2008/7/21/central/m_pg21garden.jpg
Eye-catching: The Malaysian Garden of Eve at Sunway Pyramid.

“This flora is complemented by beautiful waterfalls and picturesque rivers and streams. Valleys and mountains enhance the sheer beauty of this scenery,” he said.

Sunway Pyramid senior general manager H. C. Chan said the shopping mall was enthusiastic in showing their support to the Malaysia Flora Fest 2008 to entice tourists to learn more about Malaysia's natural landscape.

“We hope that in the coming weeks, our foreign guests will be able to witness the spectacular beauty of nature's work of art as well as appreciate the diversity of our traditional musical instruments,” he said.

The display will remain until July 26.

For details on the Malaysia Flora Fest 2008, visit http://www.malaysiaflorafest.com/.

rizalhakim

July 23rd, 2008, 04:04 AM

Orifocus to open two new FOS outlets
By ZAZALI MUSA

JOHOR BARU: Orifocus Sdn Bhd will be opening new FOS outlets at One Borneo Mall in Kota Kinabalu and 1 Utama in Petaling Jaya this month.

Management information system manager Michele Yeo Tsin Tse said the new outlets would bring the total to 38.

“We are planning to open two more outlets in the last quarter in the Klang Valley,” she said at the opening of its 36th outlet at City Square Johor Baru – its second outlet at the shopping mall - recently.

The company was also planning to open another outlet in Johor Baru at a new shopping complex in Nusajaya, she said, adding that Nusajaya was chosen as it was the new growth area within Iskandar Malaysia and for its close proximity to Singapore.

Yeo said Orifocus would only open outlets at shopping malls and not in townships as traffic was much higher at the malls.

“Customers are becoming more price-sensitive now and will only go for goods that are of value for their money,” she said, adding that FOS catered to the needs of all customers with clothing lines for women, men and children, and the products were of quality and reasonably priced.

She said the company would be launching its loyalty programme soon to reward regular customers.

rizalhakim

July 24th, 2008, 04:01 AM

BLand sells KL Plaza to Pavillion for RM471m
By Sharen Kaur

Half the proceeds will be used to fund projects in China and Vietnam, and the rest to repay some RM192 million in debt, says BLand executive director

PROPERTY developer Berjaya Land Bhd (BLand) is selling KL Plaza, a prime property in Bukit Bintang, Kuala Lumpur, to the Pavillion Group for RM470.6 million.

The firm, controlled by tycoon Tan Sri Vincent Tan Chee Yioun, will use the money to settle loans and expand overseas.

Half of the money will be used to fund projects in China and Vietnam, where it already has ongoing mixed development projects worth over US$4 billion (RM14 billion), BLand executive director Datuk Robert Yong Kuen Loke said.

The rest will be used to repay some RM192 million of debt.

"We are positioning ourselves for future investments and may sell other assets if a right offer comes but we are not under any selling pressure now to dispose of more properties," Yong said.

Yong was speaking to reporters after the sale and purchase agreement signing ceremony in Kuala Lumpur yesterday.

"KL Plaza generates recurring income but we felt the price was right to exit now, and reuse the funds to invest in other projects," Yong said.

BLand is selling KL Plaza, comprising a 10-storey office tower and F&B block, a five-storey shopping podium, and 59 units of furnished apartments.

The firm's subsidiaries, Noble Circle Sdn Bhd and Sinar Merdu Sdn Bhd, bought the commercial properties and residential units in 1989 and 1991 respectively for RM170 million.

BLand will realise some RM260 million in valuation surpluses from the sale.

Yong said BLand will keep its stake in Berjaya Sports Toto Bhd and also its shopping mall in Kuantan for rental income.

He added that Berjaya Corp Bhd still has more than 12,150ha of land in Malaysia.

BLand expects revenue for its property division to grow by 10 per cent to 15 per cent with overseas projects contributing substantially.

rizalhakim

July 24th, 2008, 04:58 AM

Shopping excitement in the city

http://www.nst.com.my/Streets/Thursday/Stories/2300635/insidepix1
Datuk Dr. Ong Hong Peng spinning the wheel to mark the launch of Pavilion’s ‘Sale and The City’ promotion.

KUALA LUMPUR: The latest edition of Malaysian Mega Sale Carnival was recently launched at the city's fashion hub, Pavilion Kuala Lumpur. As part of the celebration, the streets near Bukit Bintang were pulsating with music, live performances and lights.

Coinciding with the launch of the shopping centre's "Sale and The City" promotion, the event was opened by the secretary general of the Tourism Ministry, Datuk Dr. Ong Hong Peng.

The event began at Pavilion's forecourt, where Ong unveiled three dramatically-dressed human statuettes from a giant shopping bag, each representing the three aspects of this year's tourism theme of "Shop, Eat and Rejuvenate."

Later, Ong officially launched the "Sale and The City" promotion, one of the highlights of the carnival, by spinning the wheel on the shopping centre's "Spin the Wheel" board. As part of the kick-off to the promotion, shops at Pavilion kept their doors open until 11.30pm.

"'Sale and The City' is set to excite both the novice and seasoned shopper as both will be able to indulge in a host of different experiences and enjoy the very best in shopping, dining and rejuvenattion while enjoying astounding discounts and special offers," said general manager of marketing for Pavilion KL, Kung Suan Ai.

Shoppers at Pavilion KL can also expect a range of themed sales promotions, shopping contests, redemption programmes and fashion shows throughout the two-and-a -half-month event.

The launch also provided great entertainment for the assembled crowd, who were treated to a variety of performances by drum percussion group Rabak and lively street buskers, among others.

"'Sale and The City' will also be promoted as a place where shoppers can chill and unwind, where they can satisfy their palates and treat themselves to beauty pampering sessions," said Kung.

rizalhakim

July 24th, 2008, 08:42 AM

skyscraperboy

July 24th, 2008, 01:50 PM

Mega bargains
Compiled by FARIDAH BEGUM

A directory of the best areas to shop during the current mega sales.

1. Shah Alam, Selangor

The city that has everything, Shah Alam is where the Uitm main campus is located. It also has its share of shopping malls such as Plaza Alam Sentral, SACC Mall, Plaza Shah Alam, Ole-Ole and Kompleks PKNS. Hypermarkets such as Tesco, Giant and Makro are also found here.

2. Bukit Bintang, Kuala Lumpur

This is the super shoppers’ paradise where you not only get your branded and original items at The Pavilion, Starhill Gallery, Lot 10 and a few minutes away, KLCC, you can also shop for the latest trends at affordable prices just across the road at the Sungai Wang Plaza and Bukit Bintang Plaza. The best shopping area in Malaysia!

3. Jalan Tuanku Abdul Rahman, Kuala Lumpur

Looking for Malaysian textiles or even branded and imported fabric for your evening wear and formal occasions? Then, this is the place for you as metres and metres of heavenly creations, many embellished with sequins and lace can be found here. Among the places to step into are Maya Silk, Gulati’s Silk Street and Euro Moda.

4. Malacca

Antiques are among the items that go for a song during the mega sales. Look for them on Jonker Street, art and craft items in Jalan Laksamana and for more modern-day retail therapy, head for Mahkota Parade.

5. Sungai Petani, Kedah

A booming township with lots of economic potential, Sungai Petani has seen the opening of numerous shopping malls including Central Square, Village Mall, Tesco, Giant, Econsave, Billion, SP Plaza and Parkson.

6. Johor Baru

Located close to the Malaysia-Singapore border, there is much to shop for in Johor Baru, especially in the way of foodstuff and clothes. Shopping malls like Holiday Plaza, Kompleks Tun Abdul Razak, Kotaraya, Merlin Tower, Plaza Pelangi, Pelangi Leisure Mall, Perling Mall and Skudai Plaza dot the city and it is difficult to resist the temptation of visiting every one of them.

7. Seremban, Negri Sembilan

Despite its proximity to Kuala Lumpur, Seremban is a self-contained township that offers many shopping malls for its citizens to visit, such as Jusco Seremban 2, Wisma Punca Emas, KM Plaza, Seremban Parade, The Store, Terminal 1, Tesco Extra and Terminal 2 (Era Square).

8. Subang Jaya, Selangor

An alternative to the busy capital city, Subang Jaya provides venues for shopping at Subang Parade, Sunway Pyramid, Carrefour, The Summit Subang, Mydin and Giant Hypermarket. The theme park, Sunway Lagoon, located next to Sunway Pyramid is also a crowd-puller.

9. Penang

Another shoppers’ paradise in Malaysia, Penang offers the choicest places to shop while tucking into great hawker food. Among the new places to check out during the mega sales are Queensbay Mall, Bukit Jambul Complex, KOMTAR, Gurney Plaza, Island Plaza and Midlands One-Stop Shopping Centre, to name a few.

10. One Utama and The Curve in Petaling Jaya, Selangor

Initially constructed to appeal to yuppies, One Utama is now a one-stop shopping paradise for the whole family and with so many retail outlets, there is always something for everyone. Those who want to meet friends over coffee and do some light shopping or get groceries and DIY stuff can head for IKEA and The Curve.

SEED

July 25th, 2008, 04:18 PM

rizalhakim

July 28th, 2008, 11:32 AM

Beneton Properties to open lifestyle mall in mid-2009
Published: 2008/07/26
BusinessTimes

BENETON Properties Sdn Bhd will open a 110,000-sq-ft lifestyle mall called Viva on Jalan Ipoh, Kuala Lumpur, in mid-2009.

Located opposite the Sentul Park, the project is scheduled to be launched this quarter and is expected to be fully occupied when it opens next year.

Viva is a mixed-development comprising a 27-storey apartment block with a retail podium. Its gross development value is estimated at RM100 million.

According to a press release by Henry Butcher Retail, the company instrumental in the planning and leasing of the mall, the annual rental collection from the retail components will be about RM2.7 million.

Beneton Properties has involved in projects like Stonor Park, 2Hampshire, Bangsar Peak and Prima Villa.

"Viva offers high quality retail facilities in a convenient shopping environment. It's set to transform the quality of retail facilities in Jalan Ipoh area from a tired neighbourhood to the latest trendy hotspot," Henry Butcher said.

The mall will adopt a main-street concept, said to be the latest and hottest retail development format in the US. This is in line with today's demand for thematic and lifestyle-oriented shopping places, it said.

The name Viva, which in Spanish means long live, cheer and lively, was chosen to represent the exciting lifestyle playground for the KLites.

The catchment for the mall includes the immediate occupants of the residential component as well as the population of around 150,000 within a 15-minute drive.

http://bp0.blogger.com/_BWQmSsODfo8/SIyeVGWuNEI/AAAAAAAADAk/ouiUnv7JC1g/s400/Viva-Mall.jpg

rizalhakim

July 29th, 2008, 06:16 AM

Versace-KLCC

http://a27.ac-images.myspacecdn.com/images01/6/l_f3f90192772d139a2a2a4b10d5105762.jpg

http://a375.ac-images.myspacecdn.com/images01/45/l_3d5f4adc6ed2fd7f41c1a91a5cd5e4f6.jpg

nazrey

July 30th, 2008, 07:11 PM

Study: Malaysian women shop to relieve stress
NST Online » Local News 2008/07/29
By : Irdiani Mohd Salleh

KUALA LUMPUR: Malaysian women believe in "retail therapy", with most of them spending an average of RM180 each on shopping in a month.
Almost three-quarters of women surveyed recently said shopping was therapeutic and a stress-reliever.

These were the findings of a survey conducted by global market research company Synovate on more than 1,000 Malaysian women recently.

The respondents, aged between 15 and 64, were from all income levels. They were asked on their retail preferences and spending habits for clothing, accessories, skin care products and cosmetics as well as electronic gadgets.

Synovate Malaysia managing director Steve Murphy said 74 per cent admitted that shopping was therapeutic and helped to relieve stress.
However, most are not extravagant as they only spent 17 per cent of their monthly income on shopping.

"We found that Malaysian women hold back most of their income for savings, which is timely in the current economic situation."

Financial independence of Malaysian women was also reflected in the survey results.

Close to half of the respondents said they could afford to pay for what they wanted without having to ask for money from their partners or husbands.

"We also made comparisons across the region and found that women in Hong Kong (87 per cent) were the most financially independent, followed by China (75 per cent) and Singapore (74 per cent)."

The majority of Malaysian women also felt that they were on equal terms with their partners or husbands.

More than two-thirds (68 per cent) acknowledged that they had an equal say in the purchase of big-ticket items such as property and cars.

Women in Hong Kong (87 per cent) and China (76 per cent), however, were found to have a bigger say.

The survey also revealed that Malaysian women did not compromise on quality when buying goods and services.

A total of 640 women agreed that they would pay extra for quality.

"The quality factor was confirmed again as we asked each respondent what would make them loyal to a retailer apart from lower prices."

The survey also showed that most Malaysian women cared for the environment and 490 of the respondents were willing to pay more to buy environmental-friendly products.

rizalhakim

August 5th, 2008, 05:18 AM

the world famous Harrods Dept Store will open their store in KLCC after 8 years we read the news....this will be their 2nd after KLIA.I think Malaysia is so far the only country in asia to have harrods rite??? but dont xpect much coz dis is juz a small store and not a dept store...i wonder how much the price will be for their most famous product the Harrods Teddy Bear...:banana::banana::banana::banana::banana:

http://farm4.static.flickr.com/3168/2733611723_ebffd9e01a_o.jpg

http://farm4.static.flickr.com/3158/2734435794_8ea6afe0c9_o.jpg

KLIA
http://farm4.static.flickr.com/3092/2733658049_05417d3244_o.jpg

The world famous Harrods Dep Store in UK
http://www.atpm.com/7.05/london/images/harrods.jpg

rizalhakim

August 5th, 2008, 08:04 AM

melaka section. Found it in the website finali. Thx anyway pal.

http://img209.imageshack.us/img209/2849/m804p13nx6.jpg (http://imageshack.us)

IJM labur RM500j bina cawangan baru Jusco

IJM Land Bhd, syarikat hartanah milik IJM Corporation Bhd, melabur RM500 juta bagi membina cawangan terbaru pasar raya besar Jusco di kawasan seluas 12.38 hektar di Jalan Panglima Awang, berhampiran Melaka Sentral, Melaka.

Cawangan dikenali Jusco Melaka itu akan dibangunkan menerusi anak syarikat ILB, Unggul Senja Sdn Bhd dalam dua fasa membabitkan kompleks beli-belah dan pusat perniagaan komersial. Ia dijadualkan siap Disember 2009.

Ketua Eksekutif dan Pengarah Urusan IJM Corporation, Datuk Krishnan Tan Boon Seng, berkata kompleks baru itu akan dilengkapi ruang niaga seluas 70,000 meter persegi, selain 2,800 ruang letak kenderaan.

Katanya, kompleks berkenaan yang diuruskan Aeon Co (M) Bhd selaku peneraju pasar raya Jusco juga akan mempunyai sebuah pusat bowling, karaoke, panggung wayang mini, kedai barangan terpilih, bazar pakaian, galeri aksesori wanita dan restoran.

"Apabila siap kelak, Jusco Melaka bukan saja menyediakan khidmat untuk penduduk Melaka, malah negeri jiran seperti Negeri Sembilan dan Utara Johor," katanya pada majlis pecah tanah Jusco Melaka yang disempurnakan Ketua Menteri, Datuk Seri Mohd Ali Rustam di Melaka, semalam.

Tan berkata, Melaka menjadi pilihan utama bagi pembukaan kompleks beli-belah kedua Jusco di Melaka selepas di Ayer

Keroh, kerana yakin kedatangan pelancong ke negeri itu bakal meningkat 10 peratus setiap tahun selepas diiktiraf sebagai Bandaraya Warisan Dunia pada 7 Julai lalu.

Katanya, jaminan kerajaan negeri yang membenarkan lebih banyak pembangunan di tebing Sungai Melaka menggamit Aeon yang berpangkalan di Jepun untuk terus bekerjasama dengan IJM Corporation membangunkan lebih banyak lot komersial di Melaka.

Hadir sama Setiausaha Kerajaan Negeri, Datuk Omar Kaseh dan Datuk Bandar Melaka Bandaraya Bersejarah, Yusof Jantan.

Greg

August 5th, 2008, 03:35 PM

ncon

August 5th, 2008, 03:35 PM

^^ wow :eek: HARRODS!!!

rizalhakim

August 6th, 2008, 07:55 AM

Singapore MasterCard holders top foreign spenders at M’sia sale

KUALA LUMPUR: MasterCard holders from Singapore were the top spenders among foreign tourists, forking out as much as US$1.11mil (RM3.63mil) over three days during the Malaysian Mega Sale Carnival.

Singaporeans accounted for 10,524 transactions, according to the MasterCard report issued on Wednesday. Indonesian tourists accounted for US$625,695, Australia (US$535,338), the UK (US$378,836) and the US (US$329,519).

During the first weekend of the sale, MasterCard cardholders spent a total of US$55.4mil, up 24% from US$44.6mil last year. The number of transactions also increased 5% from 780,911 to 819,440.

Malaysian MasterCard holders recorded spend of US$50.3mil reflecting 785,670 transactions within the first weekend. The mega sale began on July 5.

rizalhakim

August 7th, 2008, 03:34 AM

Padini sales up despite slower spending
By Vasantha Ganesan Published: 2008/08/07

IT IS business as usual for Padini Holdings Bhd.

The fashion and fashion accessories retailer said it has not been hurt by slower spending, two months after a petrol price hike.

It even expects to continue making profits in the year ending June 30, 2009, said executive director Chan Kwai Heng.

Sales for all of its brands which include Padini, PDI, Miki, Vincci, P&Co are doing well and profit margin has not been affected.

"Up until this moment, our revenues are still trending upwards and we are not contemplating any reduction in our prices," Chan told Business Times in an interview.

"The group's brands are doing well generally and year-on-year, all brands have had positive same stores sales growth ... currently, our Vincci label is still the best performer in revenues."

In the nine months to March 31 2008, Padini's net profit jumped 58 per cent to RM40.03 million from the corresponding period last year.

This was achieved on the back of RM298.83 million in revenue, an increase of 24 per cent. It is due to report its fourth quarter figures at the end of this month.

Although he expects profits in 2009, Chan could not say for certain if it can sustain the growth momentum.

"I can hope but I really cannot say for sure; what is perhaps more certain is that for the coming year, we should still remain profitable," he said.

Sales will be backed by the opening of four additional Padini Concept Stores and two more Brands Outlet stores. Some RM15 million has been allocated for these openings.

As at June 30 2008, Padini has a total of 118 consignment counters and 69 free-standing stores in Malaysia. It also runs a cafe business in Mid Valley Megamall under the Seed brand name.

On sales promotion to attract more shoppers, he said: "Sales promotions will be on as per schedule and margins from these should not be any different from those earned in previous years."

Padini, Chan said, will continue to have its sales promotions as in previous years. In addition, it has also planned several stock clearance sales on a multi-brand level both in the promo areas of shopping malls as well as in-store.

rizalhakim

August 7th, 2008, 03:52 AM

Developer sets sights on JB
By ZAZALI MUSA

Tanah Sutera wants to make its project the central hub of Skudai

JOHOR BARU: Tanah Sutera Development Sdn Bhd wants to position its Taman Sutera Utama development as the “central hub of Skudai”.

General manager Steven Shum said the development on a 48.562ha site would offer business, entertainment and education facilities.

“Being located along the Johor Baru-Skudai-Senai Growth Corridor within Iskandar Malaysia augurs well for its future growth,’’ he told StarBiz.

Shum said the catalyst of the hub would the RM75mil Sutera Mall, Johor Baru’s latest retail complex that would be opened tomorrow.

http://biz.thestar.com.my/archives/2008/8/7/business/b_12suteramall.jpg
Sutera Mall at Taman Sutera Utama that will be opened on Friday.

The three-storey mall with 27,870sq m floor area offers a wide range of tenant mix from 250 outlets.

Shum said it was well linked to matured and developing residential estates – Taman Ungku Tun Aminah, Taman Sutera, Mutiara Rini, Bandar Selesa Jaya, Nusa Bestari, Bukit Indah, Taman Impian Emas, Tampoi, Kempas and Senai.

He said these estates had a population of 500,000 , which offered a ready market.

“The mall is easily accessible from the city centre via Jalan Skudai, Perling Highway, North-South Expressway and Singapore by the Second Link crossing,” he said.

He said the company would be launching the RM60mil Entertainment City project year next to the mall next year.

The proposed project includes cinemas, a bowling alley and food court with office and hotel blocks.

“The retail sector in Johor Baru has the potential to grow but it is still largely untapped unlike Kuala Lumpur and Singapore,” said Shum, adding one way to grow the sector was for the state government to have more friendly policies.

Tanah Sutera Development is a consortium of local and Singapore-based companies, namely Permodalan Nasional Bhd, Lembaga Tabung Angkatan Tentera, CapitaLand, Keppel Land and Lee Rubber Co (Pte) Ltd.

rizalhakim

August 7th, 2008, 07:32 AM

Membeli-belah sambil menang hadiah bertuah

JOHOR BAHRU Pelangi Berhad, pengendali kompleks perniagaan Plaza Pelangi, Pelangi Leisure Mall dan Perling Mall menawarkan pelbagai tarikan istimewa kepada para pengunjung sempena sambutan Hari Kemerdekaan ke-51 tahun ini.Penolong Pengurus Pengiklanan dan Promosinya, Nur Adilah Nuha Abdullah berkata, sambutan yang bermula kelmarin hingga 1 September ini dijangka memeriahkan lagi Karnival Mega Membeli-Belah Malaysia 2008 yang sedang diadakan sekarang.

Menerusi sambutan tersebut ujarnya, para pengunjung berpeluang menikmati tawaran diskaun sehingga 50 peratus bagi jualan di premis-premis selain hadiah cabutan bertuah.

Katanya, antara tarikan istimewa ialah pengunjung berpeluang memenangi cabutan bertuah menerusi Peraduan Menang Tunai Merdeka 1957 yang menawarkan hadiah utama bernilai RM5,100.

"Pengunjung hanya perlu membeli-belah sekurang-kurangnya RM51 dalam satu resit di satu daripada kompleks perniagaan kami untuk memenangi hadiah mingguan bernilai RM195.70," katanya pada pelancaran peraduan itu di Plaza Pelangi di sini.

Nur Adilah berkata, semua pemenang mingguan akan ditentukan pada 6 September ini semasa hari penyampaian hadiah utama.

Selain itu, pihaknya turut mengadakan kempen mengibar Jalur Gemilang dan sudut tawaran merdeka oleh Metrojaya dan Rejects Shop pada 11 Ogos ini yang menawarkan diskaun hingga 50 peratus.

"Bagi memeriahkan lagi suasana, penampilan istimewa artis dari Taiwan iaitu Yoda dan Jade selain peraduan membuat kad dan mencipta automobil sempena hari kemerdekaan akan diadakan," katanya.

Menurutnya, pelbagai aktiviti yang dianjurkan itu diharap dapat menyemarakkan lagi semangat kemerdekaan di kalangan pengunjung yang datang untuk membeli-belah.

rizalhakim

August 8th, 2008, 04:28 AM

MasterCard users spend RM181mil at Malaysian Mega Sale

KUALA LUMPUR: MasterCard cardholders spent US$55.4mil (RM181.16mil) during the first weekend of the Malaysian Mega Sale Carnival (MMSC) which started on July 5, which was an increase of 24% from US$44.6mil in the corresponding period last year.

Malaysian MasterCard cardholders spent US$50.3mil in 785,670 transactions within the first weekend of the sale while tourists' 33,770 transactions totalled US$5.1mil.

A MasterCard report showed the highest spending volume was on July 5, the first day of the sale where US$20.7mil was spent compared with US$16mil on the first day of sale last year. The bulk of the total spending was in the retail sector where US$11.6mil was spent in duty-free outlets, department stores, clothing and general merchandise, followed by petrol at US$7.7mil and dining US$2.8 mil.

MasterCard worldwide vice president and senior country manager Jim Cheah said shopping was the second highest contributor to Malaysia’s tourism receipts.

“Retail programmes such as the MMSC continue to play an important role in further enhancing the development and growth of both Malaysia’s tourist and retail sectors,” he said.

rizalhakim

August 8th, 2008, 08:53 AM

Singaporean MasterCard holders top shoppers

Email us your feedback at fd@bizedge.com

KUALA LUMPUR: Singaporeans topped the list of foreign MasterCard holders as the biggest spenders during the first weekend of the ongoing Malaysian Mega Sale Carnival (MMSC), which began on July 5 and ends on Sept 1.

Singaporean MasterCard cardholders spent a total of US$1.11 million (RM3.67 million) representing 10,524 transactions over the first three days of MMSC, MasterCard said in a statement yesterday. Singaporeans topped the foreign spend list, splashing a total of US$17.3 million last year.

Notably, Indonesian tourists, who placed overall fifth last year, came in second during the first weekend with US$625,695 worth of purchases.

During the first three days, Australian holidaymakers (fourth last year) forked out US$535,338 in third place, followed by tourists from the United Kingdom (second last year) and US (third last year) who spent a total of US$378,836 and US$320,519 respectively.

MasterCard said total spend by its cardholders during the first weekend rose 24% to US$55.4 million from US$44.6 million in the first weekend of the MMSC last year, with the number of transactions rising 5% to 819,440 from 780,911.

Malaysian cardholders accounted for the bulk of the total spend, with US$50.3 million in 785,670 transactions during the period while foreign tourists accounted for US$5.1 million on 33,770 transactions. The figures exclude spending on accommodation and airfare.

“Shopping is the second highest contributor to Malaysia’s tourism receipts. Retail programmes such as the MMSC continue to play an important role in further enhancing the development and growth of both Malaysia’s tourist and retail sectors.

“While Malaysians remained the highest spenders overall, the overseas marketing efforts by the Malaysian Tourism Board have succeeded in capturing a greater slice of the shopper-traveller pie,” MasterCard Worldwide vice president and senior country manager for Malaysia and Brunei, Jim Cheah said.

The highest volume of expenses was recorded on July 5 being the first day of the MMSC when MasterCard cardholders chalked up a total spend of US$20.7 million, up 29.4% from the US$16 million last year.

rizalhakim

August 11th, 2008, 09:21 AM

here's the 4 star hotel tat i managed to scan from sinchewjitpoh. Hmm, the design not tat beautiful lah actuali. I think the building wil be more than 15 storeys.

http://img295.imageshack.us/img295/8413/lastscan1sq3.jpg (http://imageshack.us)

Street Mall, hotel RM100 juta di Jalan Tun Ali
MELAKA 10 Ogos - Kawasan tapak pasar lama di Jalan Tun Ali di sini akan dibangunkan bagi pembinaan projek bangunan Street Mall dan hotel bertaraf empat bintang bernilai RM100 juta pada masa terdekat ini.

Ketua Menteri, Datuk Seri Mohd. Ali Rustam berkata, projek tersebut akan dibangunkan di kawasan seluas 2.4 hektar oleh UDA Holdings Berhad (UDA) dengan kerjasama Majlis Bandaraya Melaka Bersejarah (MBMB).

Menurutnya, ia merupakan projek pelaburan pertama UDA di negeri ini dan projek dijangka siap sepenuhnya menjelang akhir tahun 2010.

''Apabila siap kelak, Melaka akan menjadi negeri pertama di negara ini mempunyai bangunan Street Mall yang berfungsi menjual dan mengedar pelbagai produk keluaran perusahaan kecil dan sederhana (PKS) seluruh negara," katanya.

Beliau berkata demikian kepada pemberita selepas merasmikan Program Pembangunan Usahawan Melaka Tengah yang turut dihadiri Menteri Pembangunan Usahawan dan Koperasi, Datuk Noh Omar di sini semalam.

Turut hadir pada majlis itu adalah Ketua Pegawai Eksekutif UDA Holdings Berhad, Datuk Jaafar Abu Hassan.

Selain itu, kata Mohd. Ali, projek tersebut akan dibangunkan melalui dua fasa iaitu pertama meliputi pembinaan 300 lot ruang perniagaan dan sebuah hotel bertaraf empat bintang yang menyediakan kemudahan 240 bilik.

''Ketika ini, hanya menunggu masa kelulusan pelan bangunan oleh MBMB dan kita harap ia dapat diluluskan dalam tempoh dua minggu ini," ujarnya.

Kata beliau, Street Mall tersebut akan berperanan sebagai pusat sehenti untuk mempamer, mempromosi dan menjual produk-produk usahawan PKS dari seluruh negara dalam usaha mewujudkan satu rangkaian jualan produk PKS yang lebih besar.

''Setakat ini, belum ada lagi mana-mana pusat pameran bersepadu yang boleh menjadi pusat sehenti mempamer, mempromosi dan menjual produk-produk PKS.

''Oleh itu, kita berharap melalui projek ini, ia dapat mewujudkan pusat henti bagi jualan pelbagai produk PKS dan melaluinya, kita harap apabila siap kelak Street Mall ini nanti, tiada lagi wujud masalah produk PKS dalam pasaran tempatan," katanya.

Ujarnya, keutamaan akan diberikan kepada pengusaha yang terlibat menjalankan produk satu daerah satu industri dan PKS lain.

Menurut Mohd. Ali, operasi pelaksanaan Street Mall berkonsepkan ala-Bugis Jonker di Singapura yang menggunakan reka bentuk bangunan tertutup dan menjadikan keindahan Sungai Melaka yang kini sedang dinaik taraf sebagai lanskap utamanya.

''Bangunan ini akan dibina secara tertutup tetapi pada bahagian hadapannya menghadap Sungai Melaka dan jeti yang kini dalam proses naik taraf.

''Ini membolehkan pemilik dan pengunjung berpeluang melihat pemandangan dari sekitar Sungai Melaka," katanya.

Jusco Melaka serba lengkap

SEBUAH lagi cawangan pasar raya Jusco akan dibuka di Melaka di kawasan seluas 12.38 hektar di Jalan Panglima Awang, berhampiran Melaka Sentral.

Syarikat hartanah IJM Land Bhd milik IJM Corporation Bhd melabur RM500 juta bagi membina cawangan terbaru pasar raya berkenaan.

Pasar raya besar yang dikenali Jusco Melaka itu dibina dalam dua fasa membabitkan pusat beli-belah dan pusat perniagaan komersial.

Ketua Pegawai Eksekutif yang juga Pengarah Urusan IJM Corporation, Datuk Krishnan Tan Boon Seng, berkata kompleks perniagaan itu dibina dengan keluasan 70,000 meter persegi serta dilengkapi 2,800 tempat letak kenderaan.

Katanya, apabila siap kompleks itu akan diuruskan Aeon Co (M) Sdn Bhd.

“Kompleks itu akan dilengkapi sebuah pusat boling, karaoke, panggung wayang mini, kedai barangan terpilih, galeri dan aksesori wanita serta restoran.

“Pembukaan pusat beli-belah berkenaan itu bukan setakat untuk menarik kedatangan pelanggan dari Melaka saja, malah dari Negeri Sembilan dan utara Johor,” katanya pada Majlis Pecah Tanah Jusco Melaka yang disempurnakan Ketua Menteri Melaka, Datuk Seri Mohd Ali Rustam, baru-baru ini.

rizalhakim

August 11th, 2008, 09:22 AM

by yeohts

http://i226.photobucket.com/albums/dd216/jegelsker99/yeohts.jpg

Aeon Seberang Prai City, Bandar Perda, Penang

rizalhakim

August 18th, 2008, 05:13 AM

AmARA REIT enhances value of properties
By JOSEPH CHIN

AM ARA REIT Managers Sdn Bhd has embarked on enhancing the value of its commercial property assets, including a rebranding exercise for The Summit Subang USJ, to boost earnings.

This will see Am ARA reposition and rebrand the retail complex at The Summit, which it acquired in March for RM263.28mil.

Am ARA director Michael Lim said the plan was to make The Summit the shopping destination of choice in Subang Jaya by tapping into the middle-income population there.

He said a retail consultant would be engaged to prepare a blueprint to reposition and rebrand the complex. The next stage would be to refurbish the complex to enhance the quality and ambience.

“We do not rule out the acquisition of more units at The Summit from other third-party owners although we will be very selective in such acquisitions.

http://biz.thestar.com.my/archives/2008/8/18/business/b_06summit.jpg
The Summit Subang USJ which will be refurbished and rebranded by AM REIT Managers to make it the shopping destination of choice in Subang Jaya.

“Discussions are ongoing with some of the owners and we are evaluating the acquisition of another 70,000 sq ft of space with a purchase value of about RM20mil,” he said.

The Summit has an office tower, a 332-room hotel and a six-storey retail podium, with 2,125 car park bays. The office tower recorded 98% occupancy and the retail podium, 70%. The hotel recorded an occupancy rate of 75%, with average room rate of RM157 per night.

The Summit is one of the six buildings, with a total value of RM840mil that are owned by Am FIRST Real Estate Investment Trust (REIT) and managed by Am ARA.

Other assets are Bangunan AmBank Group, Menara AmBank and AmBank Group Leadership Training Centre in the Kuala Lumpur city centre where the average occupancy rate is 94%. The other two buildings are Menara Merais and Kelana Brem Towers in Petaling Jaya.

Lim said Menara Merais in Section 19, which was about 12 years old, would also be upgraded. He added that the building, which was valued at RM58mil, was about 68% occupied.

“About RM6mil would be spent on asset enhancement works which include upgrading the ground floor main lobby, lift lobby on other floors, toilets, car park and building re-painting,” he added.

Menara Merais, being the tallest building in the area, could be leveraged on to generate advertising income because of the high visibility and high volume of traffic flow into the area, he said.

Also on the cards is to develop part of Menara AmBank in Jalan Yap Kwan Seng. Lim said 17,000 sq ft of “bare” space on the 11th floor, previously rented out as storage space, would be turned into office space.

“Assuming a rental rate of RM5 per sq ft per month, this space can potentially generate additional gross rental income of about RM1mil per annum,” he said.

Asked if Am ARA’s forte was to acquire less costly buildings, enhance the value by refurbishments and then lease them out, Lim replied:

“Our strengths are in identifying good assets for acquisition, having pro-active asset management capability to improve the performance of our assets and also, in efficient capital management.”

AmFIRST REIT’s assets also provided a stable stream of income to its unitholders because tenants would usually opt for three-year tenancy agreements, he said.

The buildings are also geographically spread out with several tenants, hence providing some diversification and reduced concentration risk. The growth of these assets, mainly office space, would be underpinned by the strong demand, particularly in the Golden Triangle area, Lim said.

Am ARA is also leveraging on the demand for good office and retail space to push for higher rental. In the last financial quarter, there was a combined average increase of 15% in rental rates for its office and retail space.

Of the three office buildings in the Golden Triangle, Lim said 32% (or 280,000 sq ft) of the tenanted area was due for renewal from July 2008 to March next year.

“Assuming an average rate increase of 30 sen per sq ft, the renewal may potentially generate another RM1mil in gross rental income on an annual basis,” he said.

Lim added that there was upside for four of its buildings as they had to be revalued within 2009 and he expected potential appreciation in the carrying value of these assets, going by recent transacted prices for office space.

“The revaluation could possibly see an increase in value of 10% from the RM500 per sq ft historical book value,” he said.

On future corporate exercises, Lim said the current gearing was about 47% and the plan was to reduce it to between 30% and 35%. This could involve an equity-raising exercise to reduce gearing and finance future acquisitions.

Lim said this would offer an opportunity to bring in more foreign inevstors to raise AmFIRST REIT’s international profile.

rizalhakim

August 22nd, 2008, 08:11 AM

the 1st DVF in Malaysia

http://a709.ac-images.myspacecdn.com/images01/19/l_26f45f41218001a935ad1ff66f4528f4.jpg

http://a417.ac-images.myspacecdn.com/images01/92/l_27708da83763319c307f5a22f012be80.jpg

rizalhakim

August 22nd, 2008, 10:26 AM

Sutera Mall placed to benefit from Iskandar
JOHOR Baru residents now have another great shopping mall to visit in the city.

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NEW PLACE TO HEAD TO: Sutera Mall is in the centre of Iskandar Malaysia.

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AUSPICIOUS DATE: The opening of the mall on 08-08-08 was accompanied by a lion dance performance. A lion dance was part of the programme at the opening of the mall on Aug 8.
The Sutera Mall at Taman Sutera Utama, Skudai, has just opened.

It took the auspicious date of "three eights" to open its doors to business last week. The opening on Aug 8 was accompanied by a lion dance troupe performance to bring luck and prosperity.

Sutera Mall offers a different shopping experience, doing away with the practice of squeezing as many tenants as possible on the shop floor.

There is ample space between retail booths in the mall, giving it a relaxed and airy atmosphere.

With 2,000 parking lots available, the mall, with a Carrefour hypermarket as the anchor tenant, is set to compete with other players in Johor.

Datuk Zainuddin Muhammad, director of mall developer Tanah Sutera, said Sutera Mall would benefit from the growth of Iskandar Malaysia as it was situated right at the centre of the economic region.

"Being near to the Second Link will enable the mall to attract the Singaporean shoppers as well," he said.

The Sutera Walk has a large aquarium with the Brazilian giant fish Arapaima gigas.

The beautiful landscaping around the mall offers a great ambience.

There is another reason to go there. For the next two months, parking at the mall will be free.

rizalhakim

August 25th, 2008, 05:14 AM

Eraman sees revenue boost from KLIA lifestyle mall
By Hamisah Hamid Published: 2008/08/25

MALAYSIA Airports (Niaga) Sdn Bhd (Eraman), the retail arm of Malaysia Airports Holdings Bhd (MAHB), expects its soon-to-be launched lifestyle shopping mall at the Kuala Lumpur International Airport (KLIA) to contribute 20 per cent to its business next year.

Eraman head of merchandising division (core products) Elina Jamaluddin said the company's revenue from core products such as duty-free items, perfumes, cosmetics and convenience shops, have been growing double-digit over the years.

"The opening of the mall at the KLIA contact pier is expected to boost the revenue further. For this year we can't really gauge, but we anticipate it to contribute at least 20 per cent to Eraman's business next year," she told Business Times in an interview in Kuala Lumpur recently.

Eraman, with retail outlets spread over the KLIA, Kuching International Airport, Kota Kinabalu International Airport, Labuan Airport and Low Cost Carrier Terminal, registered RM289 million revenue last year. This represents 20 per cent of the MAHB group revenue of RM1.38 billion.

Elina said the Contact Pier International - a walkthrough mall that stretches along the 30,000 sq ft contact pier area of the KLIA - is expected to be operational in later part of October this year.

The open concept shopping mall, which is located near the aerotrain station and the area where the regional and international travellers converge, blends contemporary design and fixtures with the batik colours, hues and motifs as the main decorative element.

Besides food and beverages, fashion apparels, accessories, timepieces and complementary services, other highlights at the lifestyle mall include "Kidz Smart Tunnel", that would offer duty-free items targeted at junior travellers.

"We are bringing retail to the next level. No airport in the world has a lifestyle approach," she said, adding that airports in general do not have the liberty of space for such retail concept.

According to Elina, for certain international brands that will be featured at the mall, the lifestyle concept is the first for them, either in Asia Pacific or globally.

For instance, the World of Cadbury, for the first time, will showcase the Cadbury brand stories and timeline that traces the brand since the early 1900s. Hershey's concept shop, meanwhile, will be the first one outside the US that will feature Hershey's history wall showing actual scenes of Hershey Town in Pennsylvania, the home of the Hershey Company.

On the recent escalating oil prices, Elina said it has not significantly impacted Eraman's sales growth so far. As at June this year, the company was still on track to meet its forecast.

"To mitigate any downside, we will continue to improve our offerings. Airport retailing is unique and a niche market as travellers generally buy on impulse and for Asians, the general purchasing trend is mainly for giftings," she said.

Eraman always ensures that its product offerings meet customers' preference and comprise value packs and special travel retail exclusives which are only available at its airport outlets, she added.

rizalhakim

August 27th, 2008, 05:37 AM

Lanterns light up the nights in Subang Jaya
LANTERNS galore will light up the night at the Summit Subang USJ Mall in Subang Jaya on Sept 1, marking the celebration of lantern festival.

COLOURFUL: Subang USJ Mall is celebrating the Lantern Festival
This will be the highlight of a series of events and competitions organised by the mall in conjunction with Lantern Festival 2008.

The mall will be holding a lantern making competition on Sept 7 at the ground floor of Summit Subang USJ. The event is aimed at promoting the traditional art of lantern-making among children.

The competition will be open to five different groups, with Group A consisting of 5- to 6 year-old children, Group B (7-8 years), Group C (9-10 years), Group D (11 to 12 years) and an open group for children below 16 years.

Winners will walk away with cash, cash vouchers, trophies and hampers mainly sponsored by PENTEL and Summit Subang USJ.

Vibrant Wisdom's general manager, Tan Hup Soon said they expected to attract more than 300 participants for the competition.

He added the lanterns created by the children would be exhibited at the concourse of the mall to set the mood for the festival.

"The winners of the competition will be announced during the celebration night on Sept 13.

"The contestants will get to parade their lanterns too."

There will also be cultural shows and performances on the occasion.

For registration forms and information, call 03-8024 8866 (ext 721) or Debbie Chung at 016-2257.

rizalhakim

August 28th, 2008, 11:14 AM

AEON Tebrau

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rizalhakim

August 28th, 2008, 11:25 AM

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rizalhakim

August 29th, 2008, 05:20 AM

Gurney Plaza's new wing almost fully occupied
By Marina Emmanuel Published: 2008/08/29

GURNEY Plaza shopping mall in Penang has leased out almost 100 per cent of its retail space at the new wing, ahead of its opening in November.

Among the new retailers will be international brands like Cortina Watch, Mont Blanc, Mango, CK Jeans, Naf Naf, Top Shop and Fossil.

"At least three new eateries namely Manhattan Fish Market, Sakae Sushi and Xuan Xin are set to join our list of tenants when we open our doors," Gurney Plaza Sdn Bhd director Phuah Choon Meng told Business Times.

The RM70-million extension to the existing sea-fronting Gurney Plaza in Pulau Tikus comprises 150,000 sq ft of leasable space.

Phuah said the eight-storey building, which is connected to the existing mall, features 50 shoplots and 758 parking bays.

Retail giant Parkson Grand, which is currently the anchor tenant at the existing mall, is set to expand its presence and also be an anchor tenant in the new wing.

"The department store will soon close for refurbishment and renovation to become a premium store like that at KLCC," said Phuah.

Catering to an upmarket customer base, the existing wing of Gurney Plaza is one of the properties of Singapore-based CapitaLand, one of Southeast Asia's biggest property companies.

The new wing of the mall is wholly-owned by Gurney Plaza Sdn Bhd, which is a subsidiary of Etika Cekap Sdn Bhd.

Phuah said CapitaLand has been hired as consultants to manage the new wing of the mall, which measures 129m by 40m.

rizalhakim

August 29th, 2008, 08:02 AM

Danga City Mall

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Merdeka bowling treat
ANOTHER treat for the National Day -- Free Bowling at Dynamic Bowl in Danga City Mall, Johor Baru.

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PROUD OWNER: Kelvin Kee at his Dynamic Bowl Centre in Danga City Mall in Johor Baru.

The offer will run for three days, starting yesterday, at the bowling centre located on the 4M floor of the shopping centre.

Business owner, Kelvin Kee, said the offer was given as a treat to bowling fans in conjunction with the centre launching and the National Day celebration.

"As an ex-national player, I would like to offer bowlers the opportunity to practice at my centre free of charge for three consecutive days.

"And coincidentally, our opening date is close to the National Day celebration. It is just great."

He said after the promotion period, the centre would be charging RM3.80 per game from 10am to 6pm and RM4.80 onwards until 1am.

"We are going to offer a special rate for government servants after a discussion on the matter with respective departments."

Kelvin carved his name when Johor hosted the Malaysia Sports Championship (Sukma) 1992 . He won three gold, one silver and one bronze medals in the event.

He was with the national bowling youth squad from 1988 to 1991 and the senior team from 1991 to 1996.

He said he had no fear of competition from other bowling centres as there were more people enjoying the game now.

rizalhakim

September 5th, 2008, 04:17 AM

Let’s go shopping
Story and photos by CHARLES FERNANDEZ

JUST spend a minimum of RM250 at either the Kuala Lumpur International Airport (KLIA) or the Low Cost Carrier Terminal (LCCT) in the next 10 months and stand to win prizes totalling RM2.7mil.

The KLIA shopping campaign launched by Malaysia Airports Holdings Berhad (MAHB) features three shopping contest each with its own prizes.

Themed Magic 10 celebrations the contests are being held in conjunction with KLIA’s 10th anniversary.

MAHB chairman Tan Sri Dr Aris Othman launched the campaign, the fifth installation, offering grand prizes of two lots of RM50,000 cash each, a RM30,000 holiday package and a RM420,000 Lexus GS300.

“This year the shopping campaign features three contests instead of the usual one.

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It’s on: (from left) Umar, Aris, Mastercard Worldwide vice-president and senior country manager for Malaysia and Brunei Jimmy Cheah and Malaysia Airports senior general manager (operations) Datuk Azmi Murad (second from right) at the launch.

“The shopping contest will take place every week for 12 weeks and it will end June next year,’’ said general manager (Commercial Services, Malaysia Airports) Umar Bustaman.

Any shopper who spends a minimum of RM250 will be rewarded with an instant gift while a higher spending of RM500 will qualify them for the grand prize of each contest.

Shoppers could also take part in another weekly contest that offers RM5,000 cash each week for the next 36 weeks.

Umar said the airport would also host several shows and activities.

“We aim to provide passengers and visitors the best of KLIA and Malaysia through this campaign,’’ added Umar.

Meanwhile, Aris added that to further enrich the shopping experience in KLIA, there would be a 14-month Satellite Retail Optimisation Project (SROP) at the airport.

“The first phase of the SROP is due for completion in October. This will significantly change the look and feel of the shopping outlets at the Satellite building,’’ said Aris.

He said the SROP covered four phases and once completed next year, there would be an additional 26 outlets.

rizalhakim

September 11th, 2008, 10:56 AM

Best Cities for Shopping, Asia
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ASIA
2008 Rank
1. Hong Kong
2. Bangkok, Thailand
3. Singapore
4. Kuala Lumpur, Malaysia - :banana::banana:
5. Manila, Philippines
6. Tokyo, Japan
7. Shanghai, China
8. Hanoi, Vietnam
9. Seoul, Korea
9.Dubai, United Arab Emirates
10. Shenzhen, China

With an ongoing surge in demand for shopping destinations we decided to go with the flow and added the “Best Cities for Shopping, Asia” category in the 2008 poll. At our online magazine SmartTravelAsia.com, four stories in constant demand are our surveys of shopping in Singapore, Kuala Lumpur, Hong Kong and Bangkok. So whom did the punters favour when they whipped out their pens?

The No.1 spot in the Best City for Shopping in Asia category was a close fight between Hong Kong and Bangkok. In the end, Hong Kong pulled free to rank first with a convincing 25 percent of the vote, closely followed by Bangkok with 24 percent. Singapore trailed in third with 11.8 percent as the best of the rest vied for attention. Kuala Lumpur scrambled into fourth place with eight percent of the vote and Manila weighed in fifth.

In many respects the shopping interest mirrored the trend in business travel to these destinations. The strongest cities benefited most in the Battle of the Bulging Shopper Bag. Making up the rest of the Top Ten are Tokyo (in sixth place), Shanghai with its street carnival in seventh, Hanoi with its silk shops and alley bargains in eighth, Seoul and Dubai in joint ninth place and Shenzhen across the border of Hong Kong, in China, in a very respectable tenth spot. Shenzhen is often mistakenly assumed to be an extension of Hong Kong. It isn’t. It is a shopper destination in its own right with unusual offerings and attractive prices, not to mention the daylong massages for the shop-weary.

nazrey

September 12th, 2008, 10:50 PM

Shopping Secretariat to move to new 'home' for speedier approvals
By Vasantha Ganesan Published: 2008/09/13
BusinessTimes

IN ORDER to narrow the gap between Malaysia and other regional international shopping destinations, its promoter Shopping Malaysia Secretariat may be placed directly under Tourism Malaysia.

Now, the secretariat is under Tourism Malaysia's investment arm Pempena Sdn Bhd.

"We are in the process of being placed under Tourism Malaysia to fast track approvals," the secretariat's recently appointed general manager Tony Mariadass said.

Mariadass said, currently any requests for funds will have to go through Pempena, which will then be forwarded to Tourism Malaysia. This process, he said, is time consuming.

"Compared to Hong Kong and Singapore, Malaysia has managed to narrow the gap. There has been growth in shopping every year. It may be marginal but it is heading in the right direction," Mariadass said.

By having faster approvals, the secretariat hopes to be able to hasten the process of being a choice shopping destination.

Tourism Minister Datuk Seri Azalina Othman, in a step leading in that direction, has decided that the Year End Sales, which has been renamed Malaysia Savings Sale, to be directly placed under her jurisdiction.

This, Mariadass said, would help fast track and give more importance to the sales carnival.

On the budget that each sale requires, Mariadass said for the Mega Sales Carnival, the biggest of the three sales, the government spends some RM2.8 million on ground activities and another RM1.5 million to RM1.9 million on advertising.

According to Mariadass, it plans to promote Malaysia as a hub, described as complete and wholesome. This simply means wooing tourists to come to Malaysia first before going elsewhere in the region.

In the past, he said, tourists who visit Singapore, Bangkok and Kuala Lumpur, tend to make Malaysia their final destination. By the time they arrive here, most of their holiday money is already spent.

rizalhakim

September 19th, 2008, 08:31 AM

Activities held to evoke golden memories of Hari Raya

SUNGEI Wang Plaza, Kuala Lumpur went retro at the launch of Memori Aidilfitri in conjunction with Hari Raya.

The highlight of the opening ceremony saw performances of the twist, ago-go and boogie dances accompanied by various Hari Raya songs from the 60s and 70s.

About 20 senior citizens from Kompleks Penyayang Bakti were also presented with goodie bags and duit raya after breaking fast.

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Going back in time: Memori Aidilfitri Dance Showcase by Swatari Dance Troupe.

Artistes Aishah, Ramlah Ram, Ramli Sarip, Jay Jay and Ezad Exist entertained guests at the event with their evergreen Hari Raya songs.

The event was jointly organised with Sinar FM, the official radio station and was hosted by announcers Abby Fana and Zaidi.

Sungei Wang’s complex manager, Johar Baki, said the celebration of Hari Raya came with a unique theme each year.

“We chose the Memori Aidilfitri concept as this year’s theme because we want to bring back the golden memories of Aidilfitri,” he said.

“We want to showcase our shoppers a series of colourful dance shows, artistes performances, fun contest and Hari Raya bazaar,” he said.

Local artistes showcases featuring Aishah, Ramlah, Ram, Datuk Ahmad Jais, Roslan Shah, Ziana Zain and Mamat will be held at the Concourse Level at 8pm on Sept 19, 25, 26 and 29.

Patrons can look forward to the Memori Aidilfitri showcase on Sept 20, 21, 27 and 28 and Oct 3, 4 and 5 at the Concourse Level with the Swatari Dance Group.

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Thank you: Twenty senior citizens from Kompleks Penyayng Bakti were presented with goodie bags and duit raya after breaking fast at the launch.

As part of the programme, the Tiru Gaya Selebriti contest will be held for both children and adults. Shopping vouchers and prize money worth more than RM500 await participants.

There will also be 12 Bazaar Aidilfitri booths offering the latest in fashion, culinary delights and home decorations await shoppers at the shopping complex.

For details, call the information counter at 03-2148 6109 or log on to www.sungeiwang.com

rizalhakim

September 19th, 2008, 08:32 AM

Terminal One turns 12 with new image
By S. SOLOMON SAMUEL

THE Terminal One Shopping Centre (TOSC) in Seremban received a new image in conjunction with its 12th anniversary dinner on Aug 29.

Over 300 guests and shoppers were entertained to Indian and Chinese children’s traditional dances, songs by the 2008 TOSC singing talent champion Nur Farhana Zaidi, the Aidin Baha fashion show and a special guest appearance by local drama actress Angeline Tan.

Tan, who wore a unique cheong sam-kebaya-saree combination costume designed by Aidin, was interviewed on stage by deejays Mohd Saha Rani and Gerard Vincent.

Among those present were TOSC adviser Datuk Lee Yuen Fong and Negri Sembilan state exco member for Plantations, Human Resource, Envi-ronment and Public Complaints V. S. Mogan who launched the mall’s new mascot, brochure and theme.

Happy birthday: Guests cutting Terminal One Shopping Centre’s 12th anniversary cake.

“TOSC has been resilient, since it had 100 percent payment of management fees even during the economic recession in 1998 and all the shops were rented out,” said Mogan.

“I am impressed with the mascot since the tortoise can adapt well to a new environment and although slow moving, it can be victorious as in the hare and tortoise story.

“If TOSC continues to provide products and services at reasonable prices, it will give customers maximum satisfaction.

“It will boost tourism not only for shoppers in Seremban but also from outside of Negri Sembilan.”

TOSC real estate manager Henry John said,” The anniversary dinner is an annual event every August to commemorate Negri Sembilan’s leading shopping centre.

“With our new image, we hope to work towards a vision to improve and perform better in our service to our customers.

He said they would also launch their website www.terminal1.com.my soon for internet savvy shoppers.

“We are also running a two-month ‘Buy and Win’ competition from Aug 30 to Oct 30 to attract shoppers during the Aidilfitri and Deepavali festivals.”

rizalhakim

September 22nd, 2008, 07:06 AM

Aeon gears up for growth in next three years
By ELAINE ANG

Retailer remains bullish despite weak consumer sentiment

IT is not going to be easy for retailers to make good returns in the current challenging consumer retail environment.

Analysts expect consumer spending to be hit with many consumers tightening their belts and embracing more austere lifestyles due to higher energy and commodity prices as well as global economic woes.

The weaker consumer sentiment is expected to affect earnings of retail companies, especially those with a low to mid-income segment bias.

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Nagahisa Oyama says Aeon is keeping prices competitive in the current inflationary situation to hold on to its customers.

Margins are also anticipated to come under more pressure in the second half of the year as most retailers refrain from passing higher costs to consumers to avoid further reduction in spending.

With such dark clouds looming on the horizon, most retailers would be happy just to stay afloat.

Growth plans

However, Aeon Co. (M) Bhd, which owns the Jusco retail chain, seems confident it will not only sustain its business but also has in place plans to ensure financial growth at least in the next three years.

The question is can Aeon do it?

Based on the group’s results in the first half of the year ended June 30, 2008, financials are still looking good. Aeon recorded a 11.86% rise in net profit to RM44.5mil for the first six months of the year versus the same period last year while revenue grew 19.2% to RM1.58bil.

Managing director Nagahisa Oyama said the group would leverage on its new outlets, customer loyalty and strong brand to sustain and grow the business.

“The economic slowdown and decline in consumer sentiment may affect our performance to a certain extent in the short term but we should still be able to see growth in the coming years,” he told StarBiz.

Analysts seem to agree with Oyama’s prediction albeit with a note of caution on economic conditions and thinning margins.

Earnings growing

OSK Research analyst Thong Pak Leng said there was a possibility of Aeon’s earnings growing 10% to 12% next year, especially if pump prices go down further.

A consumer analyst with Aseambankers sees Aeon as a well-managed blue-chip companythat has been delivering consistent earnings growth throughout the years.

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Jaya Jusco shopping complex in Seremban

Although the analyst expects Aeon to report slimmer year-on-year operating margins in the second half of the year due to higher operating cost, he also foresees the group achieving double-digit growth.

Poh Ying Loo
Barring any unforeseen circumstances, he expects Aeon’s business to grow at 10% to 15% annually in the next three years, boosted by its expansion and loyalty programme.

“Jusco stores has a business model that combines shopping complex management and retail and these enable them to control customers’ shopping experience in terms of tenant and product mix. Customers still go to Jusco stores for some niche products that they carry,” he said.

Nevertheless, sales of big ticket items such as electrical and electronic products as well as apparel at the stores have slowed down although sales of necessities such as food, shampoo and detergent are still good.

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Oyama is aware of the importance for retailers to be aware of consumer behaviour hence Aeon is keeping prices competitive in the current inflationary situation to hold on to its customers.

Aeon is definitely holding on to its customers, judging by the growing number of J-Card members under its customer loyalty programme.

The group’s J-Card members are a boost to sales, having contributed about 62% to totalsales last year. Aeon’s total number of J-Card members have grown by about 15% so far this year versus 2007. The group currently has 760,000 J-Card members.

The number is a strong indication of the success of its customer loyalty programme.

Strong plus point

Aseambankers’ consumer analyst sees the group’s loyalty programme as a strong plus point to attract customers and mitigate any slowdown in sales.

“Aeon organises J-Card Day for its stores frequently and this is a very successful strategy €“ look at the number of people who throng the Jusco stores for bargains then. It is a good way to reward customers and Aeon can offset margins with volume,” he said.

According to senior general manager business support Poh Ying Loo, the strategy is to ensure that the retention rate for J-Card members remains at 100%.

“The strategy for our existing stores is to ensure that we retain all our J-Card members and achieve 5% growth in new cardholders annually.

“The increase in number of J-Card members is also from our new stores as they build their base,” he said.

More expansion is also on the cards for Aeon to extend its market reach and boost sales. The group recently opened Seberang Prai City, which includes its own Jusco store in Penang. This will be followed by another store at AU2, Ampang, which will start operations by year-end.

Plans are afoot to open another outlet in Bukit Indah in Johor Baru in the first quarter next year and another one in Malacca.

Oyama is focusing on three main areas €“ Johor Baru, Klang Valley and Penang €“ as part of Aeon’s mid-term plan which lasts until 2010.

“We hope to open an average of two stores a year and have identified new locations for the future but it is still very preliminary,” he said.

The group invests RM200mil to RM250mil on fixed assets every year for the last two years and this pattern would continue in the next two years. Aeon’s expansion will also enable it to reap economies of scale, especially through bulk purchase, thus enabling the group to extract better product prices from suppliers.

Network expansion

An analyst with a bank-backed stock broking firm believes Aeon will continue to expand its network to defend its market share despite the challenging operating environment.

“We continue to like Aeon for its above trend growth vis-a-vis the consumer sector on the back of rapid expansion, proven ability in fending off intense competition supported by its excellent customer loyalty programme, strong brand, management and balance sheet,” he said.

Oyama also stressed the importance of expanding the core businesses Aeon has to sustain business in future.

Aeon’s core businesses are retail and shopping complex management which contributed 90% and 10% to revenue respectively based on last financial year’s figures.

“The market may not be big enough for us to continue to increase the number of big shopping complexes/centres in future.

“How do we expand the business then? One option will be for us to look at setting up more neighbourhood shopping centres and supermarkets to be located between the big shopping centres,” Oyama said.

He has already started the ball rolling €“ Aeon’s supermarket business began operations in October 2005 and the group currently has five supermarkets called MaxValu in Damansara Damai (pilot store), Pearl Point, Kota Kemuning, Ampang and Desa Park City in the Klang Valley.

Contribution to revenue is still insignificant as the outlets are small and only focused on the supermarket business.

Although Oyama expects competition in the retail business to heat up in the next 10 years as more hypermarkets, departmental stores and specialty stores set up shop, he remains unfazed as Aeon has the advantage of adopting other retail models from its parent in Japan, which has over 200 companies under its umbrella.

rizalhakim

September 22nd, 2008, 07:09 AM

Aeon is focusing on healthy lifestyle

Extracts from the interview with Managig Director of Aeon Co. (M) Berhad Nagahisa Oyama with StarBiz's Elaine Ang.

STARBIZ: What is the group’s philosophy?

Nagahisa Oyama: Our philosophy is to improve the lifestyle of our customers. Consumers now emphasise product safety and look for organic and environmentally safe products. We sell products that are safe, healthy and eco-friendly.

We are also focusing on the health, beauty and care division and have separated it from the supermarket division. It is now bigger and has become a focus for the group.

We have set up health, beauty and care outlets (Wellness outlets), which have a wider product range in our new stores in Jusco Mid Valley, Bandar Sunway and Seberang Prai City.

All upcoming new stores will also include this concept. We do not follow our competitors but consumer behaviour which stresses on a more healthy lifestyle.

What are Aeon’s strengths?

Oyama: We emphasise on good customer service at our stores. Our people are systematically and structurally trained to enhance their services. For example, we have Best Cashier competitions and five-star service campaigns.

Moreover, we run our shopping centres so we are able to control the tenant mix, shopping environment, centre court promotions and other activities to generate traffic inflow.

Our strategy is to give consumers a better shopping experience at our stores.

How does Aeon compete in the challenging retail environment?

Oyama: We have our niche markets. We cater mainly to the middle income bracket but we are not after the tourist dollars as our stores are in the residential suburbs.

We do not see hypermarkets as a major competitor but if they are located near our outlets then there is competition especially in the supermarket business.

Our plans are in place to ensure that we see business growth in the next three years at least. But of course the economy and consumer behaviour may affect performance to a certain extent in the short term.

However, people still need to buy goods €“ either from us, the hypermarkets or other retailers.

The budget measures to increase disposable income and reduce import duties on consumer goods such as energy-saving products will provide a feel good factor for consumers and we hope to see this flowing in to our stores.

How can the group leverage on Aeon Credit Service (M) Bhd to boost business?

Oyama: Aeon Credit provides consumer financing and this allows customers to purchase things, especially our big-ticket items on credit especially in such difficult times.

We aim to collaborate with Aeon Credit to better leverage on the J-Card membership and Aeon credit card.

The Aeon Jusco credit card, which was issued by Aeon Credit about two years ago has been pretty well received. There were some 80,000 card members as at last year.

In addition to credit card points, Aeon Jusco credit card holders also get J-Card points.

How well is Aeon’s private label €“ Jusco Selection €“ doing?

Oyama: We have been aggressively expanding the label in the last one and a half years. We have an international buying division and leverage on our regional and head offices for bulk purchases and better quality products.

We have quality standards and controls that are established in Japan to ensure that our products are of good quality.

Jusco private brands’ total contribution to revenue is about 8% in 2007 and we expect the amount to increase this year as the products are more affordable and the quality better.

rizalhakim

September 22nd, 2008, 07:34 AM

Rustic east coast theme at mall
By TAN KARR WEI
Photos by RICKY LAI

Think of the east coast and images of serene villages with coconut trees and lush foliage comes to mind.

Relive the good old days by browsing through Hari Raya goodies at wooden stalls with attap roofs at the Mid Valley Megamall.

Inspired by the rustic charm of Malaysia’s east coast landscape, the ground floor Centre Court has been transformed into a village with a festive street market.

http://thestar.com.my/archives/2008/9/20/central/m_pg22rustic.jpg
Idyllic scene: The ground floor Centre Court at Mid Valley Megamall has been transformed into an east coast village to celebrate the coming Hari Raya.

There is a little something for everyone at the quaint stalls selling Hari Raya cookies, hampers, baju kurung, accessories and even home decorations to spruce up the house this festive season.

Taking centre-stage is a wooden kampung house with bird cages hanging at the front and potted plants on the patio.

The cosy rattan armchair makes you want to just while your time away with a cup of tea.

“We play old Malay songs to add to that yesteryear feel,” said assistant public relations manager Catherine Lim.

Take a stroll along the area lined with trees and you may just find a batik painter or a woodcarver showing off their skills in wooden gazebos.

http://thestar.com.my/archives/2008/9/20/central/m_pg22decor.jpg
Colourful: These lanterns are some of the home decorations on sale at the street market to add a touch of colour to your home this Hari Raya.

“We have arts and crafts demonstrations lined up. There are also cultural performances and fashion shows on the stage in front of the wooden house,” said Lim.

The Aidilfitri fashion showcase will take place today and tomorrow.

As a treat to shoppers, those who buy above RM100 in a single receipt from any specialty store from Sept 12 to Oct 5 can redeem Hari Raya packets on a first-come-first-served basis.

http://thestar.com.my/archives/2008/9/20/central/m_pg22cookies.jpg
Goodies galore: Be spoilt for choice with a wide array of cookies and other Hari Raya goodies to choose from.

Food and beverage vouchers will also be given out to customers who spend a minimum of RM200 in a single receipt between 10am to 2pm, Mondays to Fridays until Sept 30.

For details, contact the information counter at 03-2938 3333 or log on to www.midvalley.com.my.

nazrey

September 25th, 2008, 02:20 AM

Mega Sale kicks off in the capital on Nov 29
NST Online » NewsBreak2008/09/24
BERNAMA

KUALA LUMPUR, WED:

Business hours at shopping complexes in the capital during the Malaysia Mega Sale Carnival from Nov 29 to Jan 4 next year will be extended from 10pm to midnight.
Kuala Lumpur mayor Datuk Ab Hakim Borhan said this would enable shoppers and foreign travellers especially Arab tourists to have more time to shop at night.

“Arab tourists prefer to shop at night while local consumers can have ample time for year-end shopping with their families,” he told reporters here today.

The mega sale carnival happens three times a year - in March, August and December.

rizalhakim

September 25th, 2008, 03:45 AM

^^if u went to sogo...everyday is megasale hehe...

rizalhakim

September 25th, 2008, 04:46 AM

Shah Alam mall picks train station as central theme for its decor
By LIM CHIA YING

THE most beautiful moment perhaps during Hari Raya is going back to your hometown.

The SACC Mall in Shah Alam drew inspiration from this nostalgic feeling to create a replica of the Nibong Tebal train station in Penang as its decor for this year’s Hari Raya.

http://thestar.com.my/archives/2008/9/25/central/m_p21station.jpg
Track to nowhere: There’s a rail track but no train at this station.

The train station is one of the oldest existing train stations still in use and where its original design and construction has been left intact.

Mall manager Zawiah Mohd Thani said every nitty gritty detail of the train station was carefully replicated so it resembles the actual one.

“It’s really rustic and comes with a track, although there is no train,” said Zawiah.

http://thestar.com.my/archives/2008/9/25/central/m_p16station.jpg
Nostalgic: The replica of the Nibong Tebal train station comes complete with the ticketing counter and room for the station master.

“The Nibong Tebal train station was chosen as the core prop of our mall this year as it brings back the memories of one’s hometown, especially since our theme is “Tak sabar nak balik kampung” (Can’t wait to go home).

The replica is built from wood while the station’s rooftop is made out of styrofoam and painted in red.

There is the ticketing counter and a room with a sign that reads station master.

rizalhakim

September 25th, 2008, 05:40 AM

Shopping at an oasis
Malina Jeya Palan

http://www.nst.com.my/Streets/Wednesday/Stories/2350977/insidepix1
Some of the fashion items on display at the One Utama Oasis Aidilfitri.

KUALA LUMPUR: One Utama has been transformed into a "Middle Eastern" oasis for the month of Ramadan, so that shoppers are treated to an exotic environment while shopping with their families.

Ramadan is a celebration of family ties and forgiveness, and One Utama has strived to create a wonderful atmosphere.

The "oasis" experience transports shoppers back in time to ancient Arabia as silk tents and palm trees and pebbles create a mystical feel.

Shoppers will be treated to a surprise as they walk along the tents only to find an array of items such as Hari Raya cookies, scarves, Baju Kurung's and Kebaya's.

Besides this shoppers will also be treated to a choice of exquisite carpets, antiques, handicraft, fashion accessories and elegant Baju Kebaya's from Indonesia.

Arabic delicacies and sweets are also available at the bazaar.

One of the grand features of the shopping centre is a 40ft mansion designed after the customary residence of a wealthy Arabic family.

The structure replicates meticulous geometric motifs that mirror Arabian, Moroccan and Turkish architecture.

The management at One Utama have organised a series of events including belly dancing, traditional Middle Eastern folk dance, and a specially choreographed show of the legend of Arabian Nights.

These events are from Sept 13 to Oct 5.

rizalhakim

September 25th, 2008, 05:41 AM

Mall holds mid-autumn festival contests

COME 5pm this Sunday, Danga City Mall will be giving out cash prizes, vouchers and gifts to winners in a lantern-making and colouring contest.

Danga City Mall and Tiong Hua Association is jointly organising this two-day contest for people of all ages to mark the mid-autumn festival.

Participants are required to construct their lanterns beforehand and present them during the competition on Saturday.

First prize winners will walk away with RM300 cash while the second and third will take away RM200 and RM100 respectively.

As for the colouring contest, participants are required to bring and do the colouring on the day of the competition. The contest is open to children between 4 and 9-years-old and those aged from 10 to 12.

Shopping vouchers worth RM300 are up for grabs for champions and the first and second runner-up get RM200 and RM100 respectively.

Twenty consolation prizes in RM50 vouchers will also be given out. Registration for both the lantern-making and colouring contest ends today.

Entry forms are available at Danga City Mall information counter or at Persekutuan Tiong Hua office, Level 7, Wisma Tionghua, No 8 Jalan Kris Sri Tebrau, Johor Baru.

For further enquiries call 07-2217003 or 07-2788999.

rizalhakim

September 26th, 2008, 04:42 AM

Malls go big in decorations
By CHRISTINA LOW

DURING each festive period, shopping malls in Kuala Lumpur will never cease to amaze their customers and tourists with massive decorations.

The mood of the celebration is felt at even though there has been some cutting down on unnecessary expenditure.

At Sungei Wang Plaza, shoppers would be brought back in time to the days of Saloma and P. Ramlee as the popular mall along Jalan Bukit Bintang plans to revive the good old days with its customers this Aidilfitri.

http://thestar.com.my/archives/2008/9/26/central/m_30malaymusic.jpg
Soothing music: Musical strollers entertaining shoppers with contemporary Malay music at the main entrance of Berjaya Times Square.

“Every year we try our best to come up with fresh ideas, this time around the oldies idea came from seeing how shows from P. Ramlee’s days are now shown on theatre.

“Hence our team thought it would be a good way to uphold such interest not only among the older generation but with the younger ones too,” said Sungei Wang Plaza public relations manager K.K. Lim.

The backdrop of the mall’s centrestage is decorated with wooden doors, arches with floral motifs as well as props like old clocks, gramophones and photos of popular celebrities from the 60s and 70s.

Providing a warm glow over the atrium area of the mall is a huge iron wrought chandelier with little lamps hanging around it.

http://thestar.com.my/archives/2008/9/26/central/m_30scooters.jpg
Golden memories: Old scooters and stools placed adds on to the retro look of Sungei Wang Plaza.

Adding to the festive air are 12 stalls occupying the Aidifitri Bazaar area. They sell all the festive must-haves such as apparel, cookies and home decor.

“Shoppers can also enjoy listening to evergreen tunes of the late Tan Sri P.Ramlee, Saloma, Datuk Ahmad Jais and Aishah while they shop at our mall this festive month,” said Lim.

Themed ‘Memori Aidilfitri’ shoppers will also be entertained by dancers from Swatari Dance Group which will be showcasing colourful dance routines from the 60s to 90s while local artistes such as Ramlah Ram, Roslan Shah, Ziana Zain, Mamat, Aishah and Datuk Ahmad Jais will also be making an appearance at the mall this month.

A similar concept is adopted by Suria KLCC. However, the iconic shopping mall turned its centre court area into a kampung-styled environment.

Themed ‘Memories of Raya’ the indoor landscape features coconut trees alongside traditional Malay houses together with a replica of a sampan in a true kampung scene.

“Most of us stay in cities with modern infrastructures and sometimes we tend to forget the days when our forefathers spend their time in the kampung with just basic amenities, yet they still observe Ramadan and celebrate Raya with humility and full of enthusiasm,” said Suria KLCC development marketing and communication senior manager Zurina Hassan.

Throughout Ramadan, shoppers will be entertained with performances such as silat, dondang sayang and traditional dances.

All things look bright and cheerful at the Berjaya Times Square with different shades of green inspired by ketupat, a traditional Malay delicacy.

http://thestar.com.my/archives/2008/9/26/central/m_30retrobeat.jpg
Yesterday once more: Sungei Wang Plaza aims to bring its shoppers back into the retro beat.

A structure in a shape of a mosque sits in the middle at the main entrance of the shopping mall surrounded by ceiling high pillars all wrapped in the green.

Themed ‘Kilauan Aidilfitri’ the mall plans to rekindle the tradition and nostalgia of Hari Raya.

Various cultural celebrations such as Gamelan Ritnasari, Musical Strollers, Gambus Quartet, Ghazal Sri Kencana and Gendang Silat.

rizalhakim

September 27th, 2008, 08:58 AM

The Store will bring new life to Komtar
By Marina Emmanuel Published: 2008/09/27

THE fortunes of Penang's first shopping centre and superstructure - Kompleks Tun Abdul Razak (Komtar) - are set to be revived soon with the entry of The Store Corp Bhd.

The company yesterday pledged to invest RM20 million as the anchor tenant of the 65-storey complex, via its subsidiary Pacific Departmental Store in George Town.

It plans to open its new outlet at Komtar by year-end and create 400 new jobs in the process.

Chief Minister Lim Guan Eng, who welcomed the investment, has also said all efforts will be made to woo more investors to Komtar, which serves as the seat of the state administration.

In the last five years, the mushrooming of shopping malls and other retail centres in other parts of Penang saw a decline in Komtar when both the complex's anchor tenants - Super Departmental Store and Aktif Lifestyle - ceased operations.

This caused many owners and tenants of shoplots in the podium area to close down.

Komtar Assemblyman Ng Wei Aik, who heads a committee to revamp the complex, said the state government - via the Penang Development Corp - is in talks with three parties keen to be Komtar's second anchor tenant.

"Two of the parties are Penang-based, while the other is from Kuala Lumpur," he told Business Times.

Pacific Hypermarket and Departmental Store Sdn Bhd executive director Charlie Tan said the company is targeting revenue of RM80 million for the first year of operation.

"We will have a departmental store and hypermarket in Komtar catering to the middle and upper markets," he told reporters after a tenancy signing agreement between The Store and PDC in George Town.

Lim witnessed the signing of the deal, which will see The Store occupying 138,704 sq ft of retail space for 18 years.

rizalhakim

September 27th, 2008, 09:34 AM

Mall expands ladies car park

IN a move to make shopping safer and more convenient for its female patrons, Skudai Parade Shopping Complex will be expanding its "Ladies Car Park".

The car park, which used to occupy one-fourth of level B2, will be expanded to take up the entire level.

With extra lighting and a guard station, the car park will give peace of mind to female shoppers.

The car park also has security guards constantly on patrol.

A Skudai Parade spokesman said the larger car park had been well received.

rizalhakim

September 29th, 2008, 04:28 AM

Shopaholics never had it so good
By : Sim Bak Heng

JOHOR BARU: Retailers at the three shopping complexes chosen to hold the "Zoom! Hari Raya Midnight Sale" on Saturday were so happy they could not sleep after they closed shop.

The Tourism and the Domestic Trade and Consumer Affairs Ministries jointly organised the first sale of its kind in the city, targeting last-minute Hari Raya shoppers, especially Singaporeans.

Retailers at Plaza Angsana, Aeon Tebrau City and Plaza Kotaraya extended their business hours until 2am and offered discounts of up to 75 per cent to attract shoppers.

And they did a roaring business.

Tourism Minister Datuk Seri Azalina Othman Said said Johor Baru was chosen as the venue for the pioneer project because of its proximity to Singapore. Half of the 14.7 million tourists who have visited the country this year were Singaporeans.

"Although the publicity was short, only three days before the sale, the response was encouraging," she said after launching the sales at Plaza Angsana.

She said the last-minute sale was so successful that similar sales might be organised during other festivals as well.

Azalina said the Customs and Immigration Departments had helped by offering easier entry to those who wanted to enjoy the sales in the city.

"I hope a more efficient system can be adopted for the convenience of tourists, like waiving the need for a passport. Of course, this should not be done at the expense of security."

In Shah Alam, Agriculture and Agro-based Industry Minister Datuk Mustapa Mohamed said the 17 Ramadan pasar tani (farmers' market) nationwide recorded sales of RM5.37 million.

"Kelantan had the highest sales with RM3.09 million, followed by Johor with RM1.57 million and Malacca with RM900,000," Bernama quoted him as saying.

Speaking at the launch of Pasar Tani Khas Pra Aidilfitri in Seksyen 13 here yesterday, Mustapa said 185 such markets would be held till tomorrow.

The Federal Agriculture Marketing Authority is offering coconuts at RM1.30 each and red chillies at RM5.50 per kg at the markets.

In Kangar, Perlis Menteri Besar Datuk Seri Dr Md Isa Sabu said a tourist-oriented farmers' market, which also sold local handicraft products, would be set up in the coastal areas of Kuala Sungai Baru near here by the end of the year, Bernama reported.

He said the market was aimed at increasing the participants' income and create more locations as tourist destinations in Perlis.

Selected traders from Thailand would also be offered to participate at the market, which would operate on Saturdays and Sundays, he added.

rizalhakim

September 29th, 2008, 04:32 AM

Aidilfitri in the city malls
By Naveen Mathew Menonstreets@nstp.com.my

PETALING JAYA: Throughout the month of Ramadan many malls have tried to spread the festive cheer in spite of the difficult economic situation.

While some malls in the Klang Valley were more austere, others like Sunway Pyramid, MidValley Megamall and 1-Utama have invested time and money to come up with lavish and unique decorations.

Sunway with its iconic sphinx and its beautiful decorations for Aidilfitri is hard to miss.

The prominent archway to the mall is elaborately festooned with huge motifs of butterflies, stars and flowers.

As dusk falls, the mall takes on an enchanted glow as thousands of lights brighten up the night.

Strings of tiny dangling lights sparkle in a myriad of colours, creating a magical ambience.

Gold and green are the colours for this year's "gaya raya" theme inside the mall. The atrium has huge hexagonal lanterns with red, green and yellow sides. Banners in gold wishing visitors and shoppers a happy Aidilfitri and more lanterns are strung along the main walkways.

Both MidValley Megamall and Sunway Pyramid have avoided the cliched green ketupat and pelita decorations that are usually associated with Aidilfitri.

The immensely popular Mid Valley Megamall has gone for the traditional kampung theme.

If you can't "balik kampung," for Raya, a trip to MidValley Megamall could be the next best thing.

In the centrecourt, there are about half a dozen coconut trees tall reaching up to the second floor. Under the trees is a traditional kampung house, complete with curtains and bird cages hanging outside the house. A single strand of lights completes the typical kampung setting.

There's plenty of greenery surrounding the house and a hut close by with several wau of different hues and even a bamboo fishtrap add to the quaintness.

From the east atrium leading to the centrecourt are more palm trees and huts selling biscuits, cookies, kacang putih, artificial jewellery and more.

At Bangsar Village, stop and be mesmerised by the thousands of flowers inside Pak Abu's tent

"Flowers can beautify almost anything and lend that special decorative touch that other items can't.

"Though my flowers are artificial, they look life-like because they are made from cloth and not plastic. Geraniums, orchids and roses are among the choices you have here.

"This Raya, I have teamed up with the management of Bangsar Village to decorate the mall. The decorations you see are inspired by the Moorish-Islamic culture," says Pak Abu.

Over at 1-Utama in Bandar Utama, the theme is Middle-Eastern. Palm trees, sand and tents make up a desert setting.

A huge mansion revealing Moroccan, Turkish and Arabic influences is the centrepiece.

Bangsar Shopping Centre, which is undergoing expansion work, and Starhill Gallery have opted for minimalist decorations.

rizalhakim

October 7th, 2008, 04:10 AM

CapitaLand may add assets in Malaysia
By Vasantha Ganesan Published: 2008/10/07

http://www.btimes.com.my/Current_News/BTIMES/Tuesday/Frontpage/cparade-2.xml/Article/Current_News/BTIMES/Images/btgraph10/capital7.jpg

Sources say talks between CapitaLand and TMW Asia Property Fund, which owns the Parade shopping complexes, are at an advanced stage

CAPITALAND Ltd, Southeast Asia's largest real estate player, is said to be in talks to purchase three shopping complexes: Ipoh Parade in Perak, Klang Parade in Selangor and Seremban Parade in Negri Sembilan.

If the acquisitions go through, they will add to its portfolio of three retail properties in Malaysia, in line with its plans to set up a retail real estate investment trust (REIT) worth over RM2 billion.

Sources told Business Times that the negotiations between CapitaLand and TMW Asia Property Fund GmbH & Co, which owns the shopping complexes, are at an advanced stage.

Based on the property valuations undertaken in early 2004, CapitaLand could pay some RM500 million for the shopping complexes.

At press time, Business Times did not receive a response from either CapitaLand Ltd president and chief executive officer Liew Mun Leong or CapitaLand Retail Ltd chief executive officer Pua Seck Guan on the said negotiations and whether it planned to buy any or all three properties.

TMW Asia Property Fund, a German property fund, bought the three properties - under the operating companies Lion Klang Parade Sdn Bhd, Lion Seremban Parade Sdn Bhd and Lion Ipoh Parade Sdn Bhd - for RM340 million in 2005 from the Lion group.

In 2004, Klang Parade was valued at RM179 million, Ipoh Parade at RM188 million and Seremban Parade at RM90 million.

The fund is managed by Pramerica, the real estate investment management business of Prudential Financial, Inc from the US.

CapitaLand has been on a shopping spree in the past couple of years. It has in its stable the Sungei Wang Plaza in Kuala Lumpur, Gurney Plaza in Penang and Mines Shopping Fair in Seri Kembangan, Selangor.

According to previous reports, Seremban Parade has a nett lettable area of 316,847 sq ft and sits on 1.97ha; Ipoh Parade has a nett lettable area of 594,414 sq ft on 4.14ha; and Klang Parade has 696,045 sq ft space.

It was recently reported that CapitaLand Ltd might delay the launch of its retail property trust in Malaysia if market conditions worsened over the next few months.

Last month, CapitaLand said that it aimed to get approval for the REIT by the year-end.

rizalhakim

October 8th, 2008, 06:35 AM

WangsaWalk Mall

http://c3.ac-images.myspacecdn.com/images02/41/l_f9e3bcac13704f9d9a045863ffed74c2.png

http://c1.ac-images.myspacecdn.com/images02/53/l_a417003f71654c8aa93c06c95c42c34c.png

http://c2.ac-images.myspacecdn.com/images02/4/l_85fce83ed0e74a678e808f3afd487ff1.png

rizalhakim

October 10th, 2008, 06:25 AM

Aidilfitri in city malls
Naveen Mathew Menon

Throughout the month of Ramadan, many malls have tried to spread the festive cheer in spite of the difficult economic situation.

http://www.nst.com.my/JohorBuzz/Friday/Stories/2361061/insidepix1?display=small
TRADITIONAL: The rustic theme of the Hari Raya decorations at MidValley Megamall will strike a a chord with those unable to ‘balik kampung’.

http://www.nst.com.my/JohorBuzz/Friday/Stories/2361061/insidepix2?display=small
COLOURFUL: Enchanting lights blaze within and outside Sunway Pyramid.

http://www.nst.com.my/JohorBuzz/Friday/Stories/2361061/insidepix3?display=small
QUAINT: A traditional kampung setting, complete with a bamboo fishtrap, is artistically recreated at MidValley Megamall.
While some malls in the Klang Valley were more austere, others like Sunway Pyramid, MidValley Megamall and 1-Utama have invested time and money to come up with lavish and unique decorations.

Sunway, with its iconic sphinx and its beautiful decorations for Aidilfitri, is hard to miss.

The prominent archway to the mall is elaborately festooned with huge motifs of butterflies, stars and flowers.

As dusk falls, the mall takes on an enchanted glow as thousands of lights brighten up the night.

Strings of tiny dangling lights sparkle in a myriad of colours, creating a magical ambience.

Gold and green are the colours for this year's "Gaya Raya" theme inside the mall. The atrium has huge hexagonal lanterns with red, green and yellow sides. Banners in gold wishing visitors and shoppers a happy Aidilfitri and more lanterns are strung along the main walkways.

Both MidValley Megamall in Kuala Lumpur and Sunway Pyramid in Petaling Jaya have avoided the cliched green ketupat and pelita decorations that are usually associated with Aidilfitri. The immensely popular Mid Valley Megamall has gone for the traditional kampung theme.

If you can't balik kampung for Raya, a trip to the Megamall could be the next best thing. In the centre court, there are about half a dozen coconut trees reaching up to the second floor.

Under the trees, is a traditional kampung house complete with curtains and bird cages hanging outside.

A single strand of lights bring out the typical kampung setting.

There's plenty of greenery surrounding the house and a hut close by, with several wau of different hues and even a bamboo fishtrap, add to the quaintness.

From the east atrium leading to the centre court are more decorated stalls selling biscuits, cookies, kacang putih, artificial jewellery and more.

At Bangsar Village, stop and be mesmerised by the thousands of flowers inside Pak Abu's tent.

"Flowers can beautify almost anything and lend that special decorative touch.

"Though my flowers are artificial, they look life-like as they are made from cloth and not plastic. Geraniums, orchids and roses are among the choices you have here.

"This Raya, I have teamed up with the management of Bangsar Village to decorate the mall. The decorations you see are inspired by the Moorish-Islamic culture," says Pak Abu.

Over at 1-Utama in Bandar Utama, the theme is Middle-Eastern. Palm trees, sand and tents make up a desert setting. A huge mansion revealing Moroccan, Turkish and Arabic influences is the centrepiece.

Bangsar Shopping Centre, which is undergoing expansion work, and Starhill Gallery have opted for minimalist decorations.

rizalhakim

October 11th, 2008, 09:15 AM

RM100m shopping mall for Kerteh

http://i86.photobucket.com/albums/k117/rizalsha/DSC00459-1.jpg

http://www.nst.com.my/Saturday/National/2372199/insidepix1
Mesra Mall ready to serve Kerteh residents

KERTEH: Mesra Mall, the first modern mall in the state, opened its doors yesterday, signifying a stronger purchasing power among residents here.

The RM100 million mall, which covers 12 hectares, features 40 shops, a 32-lane bowling alley, four futsal and squash courts and a multipurpose hall which can accommodate 800 people.

The single-storey mall, located in Kerteh, has three cineplexes which are scheduled to open by year-end and would be the first in the state.

State Rural Development, Entrepreneurs and Cooperative chairman Datuk Mohamed Awang Tera said the construction of the mall, to be managed by Suria KLCC Sdn Bhd, came following the success of the oil and gas industry established in the district.

The mall, which is part of a masterplan to turn the area into a petrol-chemical hub, will also provide 600 jobs.

"People here now have the purchasing power for high-end items.

"If we are slow in building a mall to capture the spending power, they might move out of the area to spend," he said after opening the mall yesterday.

"I believe it will create a new dimension in the way of life here, as well as act as an eye opener for a better lifestyle. It will be able to retain the expenditure of people here.

"Now locals won't need to go to Kuala Terengganu or Kuantan as this mall is an alternative, especially for the oil and gas community."

Mohamed said the small medium enterprises need not feel threatened as the mall had also allocated space for SME, especially for push cart entrepreneurs.

ethan

October 11th, 2008, 03:17 PM

^^
The first pic is actually KT!!!

proud_penangite

October 11th, 2008, 07:51 PM

^^ looks like SACC mall

rizalhakim

October 13th, 2008, 06:47 AM

Shoppers keep the tills ringing during sale carnival
Published: 2008/10/11

http://www.btimes.com.my/Current_News/BTIMES/Industries/Retailing/mmsc.xml/Article/Current_News/BTIMES/Images/btgraph10/keymart.jpg

Malaysian cardholders made 15.3 million transactions during the Mega Sale Carnival 2008 just ended, spending around RM3.86 billion

SHOPPERS continued to hit the malls during the Malaysia Mega Sale Carnival 2008 just ended, despite fears of a recession looming.

The Malaysia Mega Sale Carnival is a nationwide sale in shopping complexes, department stores, individual retailers and street stores. This year, it took place from July 5 to September 1.

According to MasterCard processing data, Malaysian cardholders made 15.3 million transactions this Mega Sale, spending around US$1.1 billion (RM3.86 billion).

The Mega Sale also received strong support from tourists, who spent more than US$111.4 million (RM391 million) with their MasterCard cards throughout the Mega Sale period, reflecting a 13.2 per cent increase over last year.

A total of 15.9 million transactions were made over the 59 days of the Mega Sale, a 3.5 per cent increase in the average number of transactions per day compared with the same period last year.

These figures were announced at the Mega Sale prize presentation ceremony, hosted by MasterCard Worldwide vice-president and senior country manager Jim Cheah on Thursday.

Also present was Shopping Malaysia Secretariat general manager Tony Mariadass.

Average spend per day rose from US$16.2 million (RM57 million) to US$19.9 million (RM70 million), up 22.7 per cent from Mega Sale 2007.

The average spend per transaction increased 19 per cent to US$73.6 (RM258) this year from US$62.1 (RM218) in 2007.

"Despite the uncertain economic environment, cardholders have shown great support for the Mega Sale, making full use of the sale offerings to stretch their dollar," said Cheah in a statement.

"The Malaysian Mega Sale has grown from strength to strength over the years, with an increasing number of retailers supporting the Mega Sale," he added.

While Malaysians remained the highest spenders overall during the Mega Sale, the increased support from Singaporeans as well as Indonesians and Australians is said to reflect the success of overseas marketing efforts undertaken by the Malaysian Tourism Board to capture a greater slice of the shopper-traveller pie.

Singaporean cardholders continued to be the top foreign spenders this year, spending around US$18.1 million (RM63.5 million), followed by cardholders from Indonesia who spent US$12.8 million (RM45 million), replacing cardholders from the UK as the second highest tourist spenders for the Mega Sale this year.

Cardholders from the United Arab Emirates (UAE) and China, key feeder markets for Malaysia, also moved up the ranks.

Spend by cardholders from the UAE registered a 43 per cent increase to US$4.4 million (RM15.4 million) this year, while Chinese cardholders' spending doubled to US$2.7 million (RM9.4 million).

The busiest day of the Mega Sale was on August 2, with MasterCard cardholders chalking up close to US$26.2 million (RM92 million) in spending.

The top categories of spend were consistent with last year, with retail being a top draw and dining coming in second. Malaysians spent around US$280 million (RM983 million) on retail and more than US$48 million (RM168.4 million) on dining.

rizalhakim

October 13th, 2008, 06:57 AM

RM100mil Mesra Mall opens its doors in Kertih

MESRA Mall, a RM100mil ultra-modern shopping complex, has opened its doors to shoppers in the Kerteh petroleum town.

Built on a 12ha site, it promises to be a new landmark for shoppers and tourists coming to Terengganu.

With Suria KLCC Sdn Bhd managing the operations, the complex is developed by KLCC (Holdings) Sdn Bhd through its two subsidiaries — Metro Kemasik Sdn Bhd and KLCC Projek Sdn Bhd.

Kumpulan KLCC (Holdings) Sdn Bhd chief executive officer Hashim Wahir said with the opening of the complex, people around Kemasik, Paka, Kerteh, Kijal and Chukai would no longer need to go to Kuantan or Kuala Terengganu to buy basic needs.

“Mesra Mall is among our efforts to provide the opportunity for the people here to enjoy facilities similar to that available in big towns.

“Moreover, with higher fuel prices, the people need not go far to buy their essentials and branded items as these goods are available at the mall,” he added.

Hashim said this after the complex opening by state executive councillor for rural development, entrepreneurs and cooperatives, Datuk Mohamed Awang Tera, who represented Terengganu Menteri Besar Datuk Ahmad Said.

Hashim hopes the complex would serve as a catalyst for commercial development in the Kemaman district and in Terengganu, adding that it had provided jobs for about 500 locals.

Earlier, Mohamed Awang, in his speech, said Mesra Mall would provide business opportunities for the locals to boost their income.

“The shopping centre will not harm businesses of the small and medium-scale entrepreneurs as they have been provided with separate trading areas to sell their goods,” he added. — Bernama

rizalhakim

October 16th, 2008, 04:33 AM

Deepavali comes early at The Curve
Halim Said

http://www.nst.com.my/Streets/Thursday/Stories/2375762/insidepix1
A kolam decoration adorns the shopping mall welcoming guests.

PETALING JAYA: To add colour to the coming Deepavali celebration, The Curve in Mutiara Damansara will be hosting a Bollywood Fiesta.

From tomorrow to Oct 27, shoppers can take in the variety of customs and traditions of the Festival of Lights.

With ornaments shaped as elephants and strands of dangling jasmine flowers, the Curve's Fashion Court will be transformed into an enchanting feast for the eyes. Flickering oil lamps will enhance the festive feeling throughout the Deepavali celebration.

During the 10-day promotion patrons can also enjoy a touch of Bollywood with performances of contemporary dance and music. There will be booths providing henna art and tarot card reading.

The centrepiece is of course the kolam, which is the true symbol of Deepavali .

The kolam is a decorative design made of rice, and it represents a painted prayer. The kolam at the Curve has been given special treatment, showing a beautiful, colourful peacock.

Shoppers will also be able to enjoy attractive promotions. By spending a minimum of RM100 in a single receipt, shoppers will receive a free parrot tarot card reading or henna hand art tattoo. Or they can choose a packet of home made muruku.

"Malaysians are blessed with the opportunity to enjoy a myriad of festivals throughout the year and Deepavali is no exception.

"Our aim is to enlighten shoppers on the traditions related to Deepavali and enable them to understand different cultures better while shopping," said The Curve centre manager Adele D. Flores.

rizalhakim

October 18th, 2008, 04:45 AM

we mite have another shopping mall infront of the proposed sari pacifica twin tower project(mini KLCC) at Jln Ampang. they proposed a shopping mall about 600,000psf 2 be built infront of this project... Both projects by Sazean Holdings Berhad, currently developed 2 projects http://www.anjungsari.com.my & http://www.sazeanbusinesspark.com.my

Dhaka Megacity

October 18th, 2008, 04:56 AM

Wow Malaysian shopping malls are gigantic! I hope our two brotherly nations can improve our relationship and strong ties develop between two brothers.

I also noticed one "Skyprince" from Malaysia visiting many countries including Bangladesh. He made a superb trip report that left a lot of Bangladeshis awe-struck.

I invite all of you to travel to Bangladesh too. Visit the Bangladesh subforum if you have any questions. I would like to visit these wonderful Malaysian malls too in the future Inshallah.

rizalhakim

October 20th, 2008, 10:13 AM

UO Superstore rancang buka 2 cawangan baru

UO Superstore Sdn Bhd (UO Superstore), pengendali rangkaian pusat beli-belah tempatan merancang membuka dua lagi cawangannya di Johor dan Lembah Klang dalam tempoh dua tahun akan datang dalam usaha memperkukuh kedudukannya dalam industri peruncitan di negara ini.

Pengarah Eksekutifnya, Arizal Zefrrie Zahari, berkata pihaknya memperuntukkan pelaburan antara RM3 juta hingga RM4 juta bagi setiap cawangan baru bergantung kepada saiz serta lokasi.

“Syarikat kini mempunyai lapan cawangan dan pembukaan cawangan baru itu selari dengan rancangan memperluaskan rangkaian pusat beli-belah di seluruh negara.

“Setakat ini, UO Superstore mempunyai tiga cawangan di Lembah Klang iaitu di Jalan Petaling, Chow Kit dan Pantai Hill Park, satu di Greentown Mall, Ipoh serta Plaza Kotaraya, Johor Bahru,” katanya selepas majlis cabutan bertuah dan penyampaian hadiah sempena ulang tahun ke-16 pasar raya itu di Kuala Lumpur, baru-baru ini.

Beliau berkata, pihaknya sedang mengenal pasti beberapa lokasi yang sesuai di Johor dan Lembah Klang sebagai usaha membolehkan pelanggan mendapatkan pelbagai barangan keperluan harian.

“Kami akan mengekalkan peranan UO Superstore sebagai gedung beli-belah serba lengkap sekali gus menyediakan nilai pembelian terbaik menerusi rangkaian produk yang ditawarkannya,” katanya.

2206

October 22nd, 2008, 09:29 AM

Warisan Square, Kota Kinabalu

http://farm2.static.flickr.com/1138/617518616_369dae859b_o.jpg

Mid Autumn
http://farm4.static.flickr.com/3033/2433714254_b87daaf0c9.jpg

rizalhakim

October 23rd, 2008, 09:58 AM

Ikea Tebrau Johor Bharu
expected completion - 2012

http://farm4.static.flickr.com/3211/2966639892_b72331b861_o.png

rizalhakim

October 24th, 2008, 05:31 AM

4 foreign firms eye PD project

FOUR foreign and three local companies have submitted plans to develop a duty-free zone on soon-to-be reclaimed land fronting Port Dickson town.

According to Negri Sembilan Mentri Besar Datuk Seri Mohamad Hasan, the foreign companies are from the United Arab Emirates, Holland and Singapore and they have local partners and proven track records for undertaking big projects.

”These are consortium-based corporations and are keen to participate in the development of the duty-free zone in Port Dickson,” Mohamad said.

“Others are still welcome to submit their plans until the end of this year,” he said.

Mohamad told reporters this after chairing the weekly state executive council meeting at his office in Wisma Negri in Seremban on Wednesday.

He said the three local companies which submitted their bids also had impressive track records in the construction sector.

”They will be asked to present their plans to us early next year. Our priority is the environment. We do not want any development which could adversely affect the eco-system in Port Dickson,” he said.

In April, The Star had reported that a duty-free zone would be set up in Port Dickson to spur tourism activities there.

It would be similar to the Stulang Laut duty-free zone in Johor which also houses a new customs, immigration and quarantine complex, a multi-purpose jetty, a shopping complex and hotel.

Mohamad did not say how big an area would be reclaimed in Port Dickson as this would depend on the bidders’ plans.

He said they were free to develop the area, but in return would have to build the Customs, Immigration and Quarantine (CIQ) complex for the government.

The state government, he said, had decided to reclaim the area fronting the town as most stretches of beaches had been taken up.

”We will also get an environment impact assessment report done before allowing the project to go ahead,” he said, adding that the reclamation and construction project would be a privately financed initiative (PFI).

rizalhakim

October 24th, 2008, 05:47 AM

No pirated software at Low Yat
By : Kalbana Perimbanayagam

KUALA LUMPUR: Plaza Low Yat has become the first shopping mall specialising in information technology in the city to launch Sikap Tulen, a campaign initiated by the Domestic Trade and Consumer Affairs Ministry last July against software piracy.

During the Sikap Tulen launch at the plaza yesterday, the management, together with Business Software Alliance (BSA) and Microsoft Malaysia, pledged its full commitment to the ministry to ensure that the premises were free of pirated software.

BSA Malaysia committee chairman Ronald Chua said he believed the joint effort with the ministry would result in better results in the campaign against the sale of pirated software.

He said following yesterday's pledge, the plaza would only offer genuine software.

"Tenants of the mall have been strongly advised against dealing with pirated software and if they are caught for providing such (pirated software) services, they will have to face the law."

Domestic Trade and Consumer Affairs Ministry deputy secretary-general Daud Tahir said the ministry was delighted with the commitment to stamp out software piracy at the shopping mall.

"Low Yat is the first IT mall to come forward in the ministry's effort to eradicate software piracy. Although Malaysia's piracy rate is lower than that of Indonesia, China and India, the statistics still worry the ministry."

achkeen10

October 26th, 2008, 04:04 AM

Ikea Tebrau Johor Bharu
expected completion - 2012

http://farm4.static.flickr.com/3211/2966639892_b72331b861_o.png

looks very big....ikano is also in it rite?? that means it could be bigger than mutiara damansara's outlet??

Waldenstrom

October 26th, 2008, 01:05 PM

rizalhakim

October 28th, 2008, 05:56 AM

new shopping malls..

http://farm4.static.flickr.com/3270/2979719169_749607d0e4_o.png

rizalhakim

October 28th, 2008, 05:56 AM

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rizalhakim

October 28th, 2008, 05:57 AM

http://farm4.static.flickr.com/3041/2979728985_04c0e90e1d_o.png

2206

October 28th, 2008, 08:01 AM

CityMall, KK

by ech0runner

http://farm2.static.flickr.com/1177/1473686645_44c1125013_b.jpg

http://farm2.static.flickr.com/1206/1473685063_b10bb4286f_b.jpg

2206

October 28th, 2008, 08:03 AM

1 Borneo - the 1st & largest lifestyle hypermall in east malaysia

by alt.ing
http://farm4.static.flickr.com/3281/2951187698_b963a97d3a.jpg

http://farm4.static.flickr.com/3163/2951187328_2212f054f1.jpg

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http://farm4.static.flickr.com/3270/2951186584_e379fda7e2.jpg

rizalhakim

October 30th, 2008, 05:08 AM

'Malaysian mall operators, tenants still doing okay'
Published: 2008/10/30

THE number of shopping malls in Malaysia and their total gross area is expected to grow by some 20 per cent by the end of 2010, based on the current projects under development.

This is similar to the 20 per cent growth experienced in the first half of 2008 compared with the same period in 2006, where total number of shopping complexes reached 260 and total gross area was 144.6 million sq ft.

Net lettable area now stands at 82 million sq ft.

Mall development is expected to not only happen in city centres, but also suburban or small towns.

This was revealed by the Malaysian Association for Shopping and Highrise Complex Management (PPK), whose president Joyce Yap said in comparison to other countries in the region, the retail space per capita in Malaysia is still low. This provides an opportunity for further addition.

She was speaking at a press conference following the launch of the Council of Asian Shopping Centres Conference 2008 in Petaling Jaya yesterday.

Meanwhile, Yap said local mall operators and retail tenants are still doing well amid the current global financial crisis.

"Tenants are still (doing) okay. There has been no impact on their sales turnover and visitation," she said.

However, she added that if the situation warrants it, rentals may increase by a smaller percentage compared with previous years when tenancies are up for review.

PPK adviser Datuk Teo Chiang Kok said in the last three years, rentals in shopping malls have increased by up to 15 per cent, depending on the trade and location. - By Vasantha Ganesan

rizalhakim

October 30th, 2008, 05:41 AM

Metro Point Kajang

http://www.metrokajang.com.my/images/mpoint1.jpg

http://www.metrokajang.com.my/images/plaza/jan/MPC_Flyer_2008/Metro-Point-Building.jpg

achkeen10

October 30th, 2008, 06:24 AM

http://farm4.static.flickr.com/3289/2980580088_eee60455e5_o.png

SStwo mall?? At the vacant land beside food court aka 'wai sek kai'??

rizalhakim

November 3rd, 2008, 03:20 AM

Luxury fashion retailers brace for the worst
By Vasantha GanesanPublished: 2008/11/03

http://www.btimes.com.my/articles/luxurygd-2/pix_middle

LUXURY fashion retailers, who have seen sales slide since early this year as consumers cut down on spending, are bracing themselves for the worst.

These retailers, who generally cater to a niche group of clientele, attributed the drop to the global economic slowdown, domestic political situation after the March general elections and fuel price increase in June.

The Melium Group, which retails brands like Ermenegildo Zegna, Furla, Tod's and Aigner, experienced a 20 per cent to 25 per cent decline in sales thus far compared with 2007.

"Sales started to decline since January and has been especially slow in the last two months," Melium Holdings Sdn Bhd president Datuk Farah Khan said.

The group, which doubled its retail space in Malaysia last year to 50,000 sq ft, has begun cost-cutting measures by going over its stock.

"We are looking at consolidation. We have halted a lot of activities in the past seven months. Our buying (of stock) has been cut by 30 per cent," Farah said.

She was speaking during a panel discussion at the Council of Asian Shopping Centres Conference 2008 in Petaling Jaya recently.

Singapore-listed high-end fashion retailer FJ Benjamin Holdings Ltd, which retails international fashion brands such as Celine and luxury watches like Girard-Perregaux in Malaysia, has also started to feel the slower sales pinch.

FJ Benjamin Lifestyle Sdn Bhd chief executive officer Angie Chong said high-end retailers, in general, have seen sales decline by 15 per cent.

"The worst is yet to come ...we expect it to be worse early next year, before it gets better towards end-2009," she said.

She added that trade for its lifestyle brands is down as the average consumer has switched to buying mass brands.

Nevertheless, customers of luxury brands who used to make their purchases abroad are now travelling less and are instead making their buys here.

This, she said, helped cushion the impact of lifestyle brands' declining sales.

FJ Benjamin also retails brands such as Guess, GAP, Banana Republic and La Senza as well as its own brand Raoul.

On ways to overcome the trying times, Chong said that the group started consolidating its activities early this year.

"We are looking at things internally to improve the quality and depth of our business. There will also be no expansion (of stores) this year or next year," she said.

nazrey

November 3rd, 2008, 08:12 PM

Pramerica fund to invest RM1b in 4 malls
Published: 2008/11/03

ASIAN Retail Mall Fund (ARMF) will be investing about RM1.1 billion in four malls in Malaysia to capitalise on the country’s positive growth.

ARMF is a real estate fund managed by Pramerica Real Estate Investors, the real estate investment management business of Prudential Financial Inc of the United States.

Pramerica Real Estate Investors (Asia) Pte Ltd’s portfolio management director Bernard Loh said two of the malls are located in the Klang Valley while the other two are in Penang.

“The decision to invest in Malaysia was driven by the positive growth figures and consumer sentiment despite difficult global market conditions,” he said at a press conference today.

Loh was speaking after announcing the appointment of DTZ Nawawi Tie Leung Property Consultants Sdn Bhd as the leasing agent and retail mall manager for the four malls.

The four malls — SSTwo and Ampang in the Klang Valley, and 1st Avenue and Island Plaza in Penang — will provide a total net lettable area of about 1.8 million square feet.

Out of the four malls, Island Plaza is undergoing a major revamp over the next 12 to 15 months, with a total net lettable retail area of 326,800 square feet.

The three new properties — 1st Avenue, SSTwo and Ampang — with a net lettable area of 428,000 square feet, 462,800 square feet and 580,000 respectively, are due for completion in fourth quarter next year and first quarter of 2011.

On whether there are plans to inject the four malls into ARMF, Loh said: “Given the market situation, we really have to look at the market situation in terms of the stock market. But certainly the fund will consider at the point in time.” — Bernama

rizalhakim

November 4th, 2008, 04:45 AM

Fund invests RM1b in malls

It still sees growth in local retail sector

PETALING JAYA: As shopping remains popular among Malaysians despite current market conditions, malls will always be popular, according to DTZ Nawawi Tie Leung Property Consultants Sdn Bhd senior director Adzman Shah.

“Most of the shopping malls in Malaysia are located in the urban areas but we have to think about the suburbs too to cater to the people who live there,” he said yesterday at a joint press conference with the Asian Retail Mall Fund (ARMF).

The fund is investing about RM1.1bil to build two new malls in the Klang Valley – in Petaling Jaya and Jalan Ampang – and one in Penang. ARMF is also refurbishing the Island Plaza in Penang. The four malls will provide a total net lettable area of about 1.8 million sq ft.

DTZ, which is the leasing agent and retail mall manager for the malls, has started looking for tenants from local and international markets.

http://biz.thestar.com.my/archives/2008/11/4/business/b_07mall.jpg
From left: Asian Retail Mall Fund portfolip manager Bernard Loh, AsianMalls Management Pte Ltd GM Stephanie Ho Wei Ching, DTZ Nawawi Tie Leung Property Consultants Sdn Bhd senior director Adzman Shah and AsianMalls Management Pte Ltd CEO Michael Leong looking at one of the shopping malls's model after the press conference.

“The feedback that we have received from potential retailers so far is quite positive,” said Adzman.

ARMF portfolio manager Bernard Loh said the decision to invest locally was driven by the positive growth figures and consumer sentiment despite the difficult global market conditions.

“The latest Malaysia Retail Industry Report said the total retail expenditure in 2007 was nearly RM67.1bil, which is 12.8% higher than the year before.

“We also believe that other critical factors, like increasing tourists arrivals and sustained domestic spending, will provide higher revenues,” Loh said.

In a recent report, the Malaysia Industrial Development Authority said it expected foreign direct investment approvals this year to exceed last year’s figure of RM33.4bil.

rizalhakim

November 4th, 2008, 05:16 AM

Monday November 3, 2008
Complex a boost to Komtar
By TAN SIN CHOW and ANN TAN. Photos by K.E. OOI

http://thestar.com.my/archives/2008/11/3/north/trade1.jpg

Traders' hope: Traders are looking forward to the completion of an 11-storey upmarket shopping complex next year.

AN 11-storey upmarket shopping complex, being built on the plot of land next to Traders Hotel, will definitely add vigour and variety to the ‘ailing’ Kompleks Tun Abdul Razak (Komtar) upon completion.

Penang Local Government, Traffic Management and Environment Committee chairman Chow Kon Yeow said the ongoing project was scheduled for completion by October next year.

The project, which comes under Phase 3 of the Komtar masterplan, is a joint venture between Belleview Group and some partners including the Lion group and a US-based investment fund company.

Chow, who is also Tanjong MP, said piling works that commenced in October last year had been completed.

Construction on the basement car park is still ongoing while several floors of the building had already taken shape at the site.

“Once it is ready, the complex will definitely revitalise the inner city of George Town.

“After all, this project is long overdue and has been shelved for decades.

“The massive investment amounting to millions of ringgit shows that the investors still have confidence in the area,” he said, when contacted by StarMetro.

http://thestar.com.my/archives/2008/11/3/north/trade2.jpg

In the heart of town: construction on the 11-storey upmarket shopping complex in progress.

Komtar assemblyman Ng Wei Aik said the new mall would be linked to the existing one in Komtar and Prangin Mall and would complement each other.

“We are positive that the new mall would attract new businessmen to Komtar.

“The state is currently looking into a new concept to turn George Town as a shopping zone where shoppers would shop at the three malls, and two others, namely the Penang Times Square and at the Gama Supermarket and Departmental Store,” he said.

The shopping mall, with a land area of 10,126sq m, would have a built-up space of more than 40,000 sq m.

It is learnt that the complex, to be named 1st Avenue Penang, will comprise a shopping centre, a cineplex, an amusement centre and retail outlets.

A soft launch for the project will be held at the road show in One World Hotel besides the One Utama shopping complex in Petaling Jaya today at 11am.

http://farm4.static.flickr.com/3041/2979728985_04c0e90e1d_o.png

nazrey

November 8th, 2008, 12:59 PM

Rentable space:

Mid Valley Megamall - 4.5 million square feet (420,000 m²)
Berjaya Times Square - 3.5 million sq. feet
THE GARDENS - 3 million square feet
Queensbay Mall - 2.6 million sq ft
Dataran Pahlawan - 1.5 million sq ft
Pavilion Kuala Lumpur - 1.4 million square feet
1 Borneo - 1.5 million sq ft
Suria Sabah - 850,000 sq ft
Boulevard Shopping Complex (Kuching) - 720,000 sq ft
Gurney Plaza - 708,000 sq ft
Alamanda Putrajaya - 700,000 sq ft
The Spring - 420,000 sq ft
Plaza Merdeka (Kuching) - 350,000 sq ft.
KK Times Square - 140,000 sq ft
East Coast Mall (Kuantan) - 105,640 sq ft
Warisan Square (KK) - 102,677 sq ft
One TJ (Kuching) - 67,500 sq ft
Green Heights Mall (Kuching) - 43,000 sq ft. (4,000 m²)
1s Avenue (Penang) - 40,000 sq m.
Suria KLCC - 30,000 sq.ft
Avenue K?
Penang Times Square?
Labuan Times Square?
Tebrau City?

Correct me if I'm wrong!!!

nazrey

November 8th, 2008, 01:22 PM

Jusco’s largest mall in SE Asia
By ELAN PERUMAL

BANDAR Bukit Tinggi, which is fast establishing itself as the catalyst that attracts people from outside to Klang, will be home to the largest Jusco mall in South-East Asia.

The mall. which will be known as AEON Bukit Tinggi Shopping Centre, is taking shape on a 26ha site and is expected to be ready in about a year to meet the needs of the middle class and those who seek an upmarket experience.

Besides those from the southern parts of the Selangor royal town, consumers from other areas such as Port Klang, Banting, Shah Alam and Subang Jaya are expected to patronise the shopping mall which is strategically located on Jalan Langat, about 500 metres from the Klang interchange via the Kesas Highway.

This shopping complex will be the third largest after two others in Japan. It occupies a total gross area of 2.1 million sq ft and will have a built-up area of 1 million sq ft, said WCT Land Bhd chairman Datuk Chua Soon Poh.

Work on the complex, which started in June, Chua said, was scheduled to be completed in Nov next year, Chua said, adding that the complex would have three levels of retail floor and three levels of elevated parking space.

He said the complex would call on a combination of WCT Construction Sdn Bhd’s experience and expertise in undertaking huge projects, such as the Sepang F1 Circuit and its ongoing RM720mil upgrading of the Kota Kinabalu International Airport in Sabah, and the astute and efficient project management skills of AEON.

“The shopping complex will act as a catalyst to generate more economic and commercial activities resulting to the growth of the economy in the region,

“It will create job opportunities for people in Klang and the neighbouring areas as well,” said Chua in his speech at the ground-breaking ceremony.

Chua said the mall would complement several other commercial developments planned in Bandar Bukit Tinggi, such as BBT One - The Towers, a business hotel.

BBT One, he said, would comprise a 12-storey office block and a four-storey office block with a Boulevard concept.

“We are proud that these projects will completely change the skyline of the royal town. Gone are the days when people knew Klang only for its bak kut teh and seafood.

“The landscape and infrastructure of Klang and the lifestyle of its people have changed rapidly and are comparable to those in Subang Jaya and Petaling Jaya,” he said.

Klang Municipal Council president Abdul Bakir Zin, who officiated at the ground-breaking ceremony, observed, “This is not a mega project but one that will make a difference to the people of Klang,”

He commended WCT for its success in carrying out mixed development projects in Bandar Bukit Tinggi 1, 2 and 3.

“BukitTinggi has become a town in itself and attracts a lot interest, not only from Klang but from other places.

“It has a good mix of retail and food outlets, and hypermarkets such as Tesco and Giant, too,” he said.

He added that he was confident the shopping mall would give a new economic impetus to South Klang.

nazrey

November 8th, 2008, 01:30 PM

List of IKEA stores
From Wikipedia, the free encyclopedia
http://en.wikipedia.org/wiki/List_of_IKEA_stores

http://upload.wikimedia.org/wikipedia/commons/thumb/e/e8/IKEA_stores.svg/800px-IKEA_stores.svg.png

Sweden
Norway
Denmark
Switzerland
Germany
Japan
Australia
Canada
Austria
Singapore
The Netherlands
Spain
Iceland
France
Saudi Arabia
Belgium
Kuwait
United States
United Kingdom
Italy
Hungary
Poland
United Arab Emirates
Slovakia
Taiwan
Finland
Malaysia
IKEA store in Mutiara Damansara was the largest in Asia at that time with a shop floor area of approximately 270,000 square metres (2,900,000 sq ft).
China
Russia
Israel
Greece
Portugal
Turkey
Romania
Ukraine
Bulgaria
Dominican Republic
Ireland
Serbia

rizalhakim

November 10th, 2008, 05:07 AM

^^outdated la....curretly ikea beijing is the largest in asia...7storeys, opend 2006

http://www.mdnphoto.com/mdnphoto/images/20071127012156_20071018_ikea001.jpg

proud_penangite

November 10th, 2008, 09:41 AM

^^ Beijing Ikea's looks ugly
Ours is better!

rizalhakim

November 11th, 2008, 09:11 AM

Challenging times for malls and retailers
By Rosalynn Poh
Email us your feedback at fd@bizedge.com

Retailers in the country are hoping that the recent reduction in fuel prices and the year-end sale season will boost retail sales at least till the end of the year.
According to Tan Hai Hsin, Henry Butcher Retail managing director, who is also the managing director of Retail Group Malaysia, the projection for next year’s retail sales growth was 8%. However, this will have to be revised following the recent announcement by Deputy Prime Minister and Finance Minister Datuk Seri Najib Razak on the revised GDP forecast. “With the GDP forecast for next year revised to 3.5% from 5.4%, our earlier retail sale growth forecast has also been revised to 5%,” says Tan. The current estimated retail sales growth for this year is 7%.
The Malaysia Retail Industrial Report 2007 put total retail expenditure last year at nearly RM67.1 billion, 12% higher than in the previous year. The report’s retail data was prepared by Retail Group Malaysia.

“We are in the midst of compiling the third-quarter results. Based on the current economic environment, they may be slightly lower. But we cannot confirm for now,” says Tan.
Retail sales have been slow since June following the fuel price hike. The slow sales, says Tan, are more likely due to the higher cost of living than to the global financial crisis.
“The recent reduction in fuel prices will improve consumer confidence. Consumers can now relax; although prices of consumer goods have not changed, we expect them to fall in the near future in response to the drop in fuel prices,” he says.
At the Council of Asian Shopping Centres Conference, titled Asian Shopping Centres — The Challenges Ahead, held in Petaling Jaya recently, Datuk Teo Chiang Kok, Malaysian Association for Shopping and Highrise Complex Management (PPK Malaysia) adviser, says the global economic uncertainties over the past few months seem to have had little impact on tenants and retailers of shopping centres in the country. They are expected to do generally well until year-end, considering it is now the sales season.

Teo, who is also a director of Bandar Utama City Corp Bhd, the developer of 1 Utama Shopping Centre in Petaling Jaya, tells City & Country that it is business as usual at 1 Utama despite the economic downturn. “Shoppers are still coming to 1 Utama and occupancy-wise, we are full. We have reorganised sections and moved tenants,” he says. However, he warns that the months ahead will be challenging not only for the shopping industry in Asia but also for all sectors, which may result in a softer market for shopping and retail.
“At present, the global financial crisis has not significantly changed local consumers’ spending. The turmoil has not directly affected our country. As long as there are no major job and salary cuts, we will not react as drastically as many other countries have done,” says Tan.
He adds that the year-end festivals and holidays will encourage consumers to spend as long as the companies pay their salaries and bonuses.
However, retailers of luxury goods are feeling the pinch as a number of them have reported a drop in sales, some up to 30%, says Teo.

Tourism boost
Amiruddin Abu, Tourism Malaysia acting director-general, who officiated the conference, says tourist arrivals increased to over 20 million in 2007, or 19.5%, compared with 17.5 million in 2006. He says tourist expenditure in 2007 was RM46 million, of which more than RM12 million went for shopping, excluding food and beverage.
He adds that efforts will continue to be taken to enhance tourism revenue, including exploring new growth areas such as niche products and encouraging day trippers to stay longer.
For Adzman Shah Mohd Ariffin, DTZ Nawawi Tie Leung Property Consultants Sdn Bhd director, the domestic front has held up well. He says Malaysia is better prepared this time around. “Banking and financial institutions are well capitalised and credit is still available. The general consensus is that economic growth is likely to be slower but not negative,” he says.

“With the recent commitment of the Asian Retail Mall Fund (ARMF) to invest RM1.1 billion in four malls in Malaysia, it is anticipated that such confidence-building moves will spur the retail property market,” he adds.
He cites the announcement by Pramerica Real Estate Investors (Asia) Pte Ltd, a real estate investment business of US-based Prudential Financial Inc, to invest in four malls in Malaysia through ARMF. Of the four malls, three are currently under construction — SSTwo in Petaling Jaya, Selangor; Ampang Mall in Jalan Ampang, Kuala Lumpur; and 1st Avenue in George Town, Penang. The fourth mall, Island Plaza in Penang, will be refurbished beginning 1Q2009 at a cost of RM40 million. The total net lettable area of the four malls is about 1.8 million sq ft. DTZ Nawawi Tie Leung will be the leasing agent and retail mall manager of the four shopping complexes.
On rent increases, PPK Malaysia president Joyce Yap says retail mall tenants may see a smaller increase when their tenancy comes up for renewal.

According to Bandar Utama City Corp’s Teo, rents have generally increased by about 15% for the past three years, depending on factors such as trade and location (see Table 2)
A survey carried out by PPK Malaysia in 1H2008 among its members revealed there are about 260 shopping centres in the country, with a total gross floor area of 144.6 million sq ft and 82 million sq ft of net lettable area.
According to the survey, although the current economic slowdown and rising inflation have resulted in a drop in turnover for some retail and shopping industry players over the past three months, new malls will be built over the next two years, albeit at a slower pace.
Yap says the total gross area is expected to grow by 20% by end-2010, based on the projects currently being developed.

The future of shopping malls

According to Henry Butcher’s Tan, there are more than 170 shopping centres in the Klang Valley and more than 20 will enter the market in the next two to four years. Among the new additions this year are Brem Mall, Tesco Setia Alam and Tropicana Mall.
Next year, 1 Shamelin, Bangsar Shopping Centre Phase 3, Subang Avenue, USJ Nineteen, IOI Mall (new wing), Parkson Setapak and several other shopping centres will be ready for business. “There are still many shopping centres being planned. Among the major ones yet to be opened in the Klang Valley are Suria KLCC Phase 2, Bukit Bintang City Centre (Pudu Jail), The Paradigm and Subang Parade Phase 2. More hypermarket-anchored shopping centres have also been planned in the Klang Valley,” says Tan.

He adds that it is getting harder to lease out retail lots in shopping centres. “New shopping centres in the Klang Valley have found it difficult to achieve 100% occupancy in the past two years.”
Tan says there are too many retail lots chasing few retailers.
“The mall retail market has become competitive over the years. Now, size no longer guarantees success. You can be the best developer but it does not ensure success. You can have the most strategic location but that will not mean you will excel.”
Many new shopping centres will not be able to fill their retail space, Tan adds. “Shopping centre owners have to build retailers’ confidence as well as work hard to attract shoppers.”
DTZ’s Adzman says three small malls will remain closed in 2009, namely City Square, Plaza Ampang and Jaya Shopping Centre, thus taking away some retail space from the market. However, the entry of IOI Puchong, Bangsar Shopping Centre (new wing) and the reopening of Viva Central (formerly UE3) in 2009 will add some space, he says.

So, what can be done to survive the possible slowdown on the retail front? “Shopping centre owners have to work closely with retailers to continue to attract shoppers with regular promotions,” says Tan, while Adzman says with careful study, planning and differentiation, new malls in suburban locations can do well.
Professional mall management, good anchor tenants and retail mix, strong advertising and promotional activities and proactive leasing of retail space will enhance the marketability and success of new centres, he says.

nazrey

November 11th, 2008, 09:27 AM

Suria KLCC Phase 2 !??!!?

rizalhakim

November 11th, 2008, 09:31 AM

http://www.usj19.com.my

http://i79.photobucket.com/albums/j140/ahbooden/misc/usj19.jpg

rizalhakim

November 11th, 2008, 09:32 AM

another shopping mall - Citta StripMall@Ara Damansara

Park where you shop

Email us your feedback at fd@bizedge.com

http://2.bp.blogspot.com/_1IamzmjB-dY/SQaS1mXTkvI/AAAAAAAAAIE/E9VO5RfThSM/s400/PICT0007-1.JPG

http://4.bp.blogspot.com/_1IamzmjB-dY/SQaN0sDFyXI/AAAAAAAAAH0/QXuEyaTJNwo/s400/citta+signage.jpg

http://4.bp.blogspot.com/_1IamzmjB-dY/SQaNrK7TB3I/AAAAAAAAAHs/9tVH6OEV-SM/s400/development+work+stepped+up.jpg

http://1.bp.blogspot.com/_1IamzmjB-dY/SQaN67XZhhI/AAAAAAAAAH8/zrt2Z5uPZpI/s400/signages+put+up.jpg

Not another mall! Can you blame folks for shaking their heads in disbelief at the news of yet another mall taking up precious space in the Klang Valley? But for the team behind Citta, a new strip mall coming up near the suburb of Ara Damansara off the Subang Airport Road in Subang, the question is not whether we need another mall but rather what kind of mall we need.
To cut through the “mall fatigue”, one has to come up with a new concept which meets people’s needs so that it isn’t just another mall, says Allan Soo, managing director of Regroup Associates, the retail consultant for Citta.

Puncakdana Sdn Bhd, in partnership with SEB Asset Management — one of Germany’s largest real estate fund managers with about €11 billion (about RM51 billion) of real estate assets under its management — is developing the RM280 million open concept retail precinct. Of significance is the fact that this marks one of its first investments in Malaysia.
SEB is investing RM280 million (the end- value of the development) in a 70% stake in the Citta project or at RM670 psf on the net lettable area of 424,467 sq ft.

In an email interview, Barbara Knoflach, CEO of SEB Asset Management, says Citta is its first joint venture with a local Malaysian developer.
“We like the passion and sincerity displayed by the Citta team, as well as the significant experience of the project team. As a retail concept, we feel that Citta is a mall that is different in positioning and provides a unique offering, different from the ordinary shopping centres that are currently available in Malaysia. We believe that the location and catchment of the mall is good and will continue to improve as the area becomes more established as a quality residential location,” says Knoflach.

SEB, she adds, is working on making more investments in Malaysia. “We see Malaysia as a country with good potential from a real estate investment perspective. Foreign restrictions and rules governing the ownership of real estate are more friendly compared with many other countries in the region, and basic infrastructure is well-provided. In terms of real estate fundamentals, we think Malaysia is well-positioned to see good steady long-term growth,” says Knoflach.

SEB currently has investments in Japan, China and Singapore.
In light of the current turbulent global economy, Knoflach says: “We will continue to diversify our portfolio and manage our downside risks to make sure that we are not vulnerable to large volatility from any one single market, sector or investment. We are a conservative long-term investor and we hope that by being well-capitalised, despite these uncertain times, and by retaining the flexibility to react to new opportunities, we will be able to invest in good properties that will deliver good returns for us in the long-term.”
SEB is a North European financial services group with core markets in Scandinavia, Germany and the Baltic States of Estonia, Latvia and Lithuania.

It also has local presence in other Nordic countries like Poland, Ukraine and Russia. As at Sept 30, 2008, the group’s total assets amounted to about €237 billion while funds under management were about €122 billion.
SEB Asset Management, based in Frankfurt, is the specialist real estate and securities investment house in Germany for the SEB group under its wealth management division, which has about €121 billion in assets under management.
The chairman of SEB, Marcus Wallenberg, was appointed to the board of directors of Temasek Holdings on July 8 this year.

Citta

So, what is unique about Citta? According to the developer, this is a “convenience-based” strip mall with a low-density plot ratio of less than two spanning a large eight-acre footprint. When completed, the horse shoe-shaped five-level building, comprising three retail floors, a basement car park and a rooftop, would offer some one million sq ft of gross floor area.
“Everyone knows that shoppers seldom visit the higher floors, so why go any higher than three floors? According to the law of diminishing returns, the higher you go, the higher the cost as well,” says Soo of the design.

Not surprisingly, Puncakdana’s managing director Mah Siew Sian and his team were initially sceptical when the idea of a strip mall was first presented to them. Not only that, why another mall when the long-established 1 Utama with five million sq ft of retail floors was not far away?
“After sleeping on it (the proposal), and with more research and analysis, it began to make sense. We are building something that bridges the gap between a shopping centre and shophouses. It is managed like a shopping centre but with the convenience of a shophouse,” Mah tells City & Country.

With Citta, the emphasis is on convenience and focus on the family, from parents to baby, especially families from a catchment area of almost 70,000 households within a 10-minute drive of the strip mall. The anchor tenant is the car park, says Soo. In a strip mall, all shops front the car park to allow customers to just park and walk in. “You can just park at a carpark bay nearest to the shop you are interested in and walk in,” he says. Although common in the US, strip malls are not as common here. One local example could be the retail centre in the gated and guarded Desa ParkCity development in Kuala Lumpur.

There are 1,200 parking bays in total, including 400 bays taking pride of place over four acres in the heart of the development, says Soo. Although yet to be finalised, the rental rates may be from RM4 psf to RM10 psf or an average of RM5 psf. The tenant mix will again be family and convenience-oriented, offering a mix of high and medium-end products focusing on food and beverage, family and children products and services, health and wellness and convenience shops such as grocers, chemists and others. Although fashion would not be the main focus, there will be room for boutiques offering trendy yet inexpensive fashionwear.

Food and beverage will also be key and right now, Soo says, he has been getting fat from identifying the “best food” he could find to operate outlets here. “We will be signing up some core tenants before the end of the year,” he says.

The rain tree

The car park may be the anchor tenant but the “chief resident” would be a mature and shady rain tree, which will be Citta’s signature landmark, says Soo. In fact, Citta’s logo takes inspiration from the rain tree, which will eventually make its home here.
“We are now looking for the right tree so we could transplant it here,” says Soo, adding that the tree was chosen as a symbolic environmental reminder that we are losing our trees to concrete and thus the need to appreciate the environment.

The target is to open Citta in 2H2010, when the current economic slowdown is expected to be over. “We will open just as the recession has turned,” says Soo.
Citta’s site is part of a 15-acre plot in what is known as Parcel B of Parcels A–F totalling 60-odd acres of land alienated to state statutory body Yayasan Selangor. As the landowner, Yayasan Selangor has partnered Puncakdana to build several projects in Parcels C and D. On Parcel C now are two condominium projects — Puncak Nusa Kelana and Puncak Seri Kelana. The latter was completed in 2001, comprising 619 units on 6.5 actres with a GDV of RM95 million, while the former, comprising 468 units with a GDV of RM90 million, was completed in 2003.

On the 15-odd-acre Parcel D is the Dana 1 Commercial Centre comprising 152 units of shopoffices (completed in 2007) and an office tower under construction which will eventually serve as Symphony House Bhd’s headquarters. There is a remaining 2.5-acre plot for future development on the Dana 1 site.

Puncakdana has so far completed properties worth RM360 million in gross development value (GDV) in this area while the developer’s remaining landbank here will take another 10 years to be developed, including Citta.
The developer is, however, facing a challenge with the development of Citta. The site is currently literally “under water” and some residents in the area have come to accept it as “their lake”. The hoardings have come up and the developer has begun filling the lake, sparking protests from some quarters who want the “lake” to be saved.

According to the developer, the so-called lake which sits on private land isn’t really a lake. Mah says: “The land is lower than the road and the surrounding developments, which is why it has collected water. Now we are discharging the water and raising the land. It is not a lake and we have explained this and briefed the residents about the site and our plans for it.” Piling work is expected to start next month, with construction taking about 24 months.
What’s next after Citta? Mah says there are plans to build five blocks of offices with a GDV of RM600 million on the seven-acre plot adjacent to Citta. “The offices will eventually provide the daytime population to feed Citta,” he says.

Asked about the competition from the retail projects planned for the area, by other developers, Mah says Citta’s open concept and focus on family and convenience are unique. Besides, “there would not be more of this kind of mall around here simply because for this concept to work, you need space,” he adds.

pictures from http://news-casting.blogspot.com/2008/10/mall-development-update-puncakdana-go.html

rizalhakim

November 11th, 2008, 10:12 AM

GaryinSydney

November 12th, 2008, 05:14 AM

Hi everyone,

I'm visiting KL again early January - my last visit was Oct 2007.

Could anyone please advise me of any new malls/additions/shops that have opened since my last trip?

I enjoyed the newly opened Pavilions last time.

rizalhakim

November 12th, 2008, 05:18 AM

^^the gardens @ MidValley....
and u shud visit Pavilion again...
other option hmmm the ikano/ikea/the curve malls or 1utama and Sunway pyramid, anyway its not a new malls...

rizalhakim

November 12th, 2008, 05:18 AM

Cawangan mega
Oleh Mohd Husni Mohd Noor
mhusni@hmetro.com.my

ALL IT Hypermarket Sdn Bhd (ALL IT), syarikat tempatan yang menawarkan kelengkapan komputer terbesar melancarkan rangkaian runcit ketiganya di Ikano Power Centre, Mutiara Damansara (Petaling Jaya) sekali gus menjadi cawangan terbesarnya setakat ini.

Rangkaian terbaru itu menawarkan pelbagai kelengkapan menyeluruh berkaitan komputer seperti dua cawangannya yang beroperasi di Plaza Low Yat dan Digital Mall dengan tapak perniagaan seluas kira-kira 1,748 meter persegi.

Pengerusinya, James Khong, berkata cawangan itu menawarkan lebih 7,000 produk membabitkan 80 jenama terkemuka selain mudah dikunjungi terutama menerusi empat lebuh raya utama iaitu NKVE, Penchala Link, SPRINT dan LDP.

“Antara barangan yang ditawarkan termasuk komputer bimbit, komponen pemacu komputer, gajet digital, pencetak, kabel penghubung dan pelbagai lagi.

“Sebagai peneraju utama dalam produk IT di negara ini, ALL IT akan terus menyediakan kemudahan dan keselesaan kepada pengguna terutama dalam membuat pilihan komputer,” katanya.

Menurutnya, sejak mula beroperasi enam tahun lalu, pihaknya mendapat pengiktirafan daripada Malaysia Book Of Record sebagai kedai runcit komputer terbesar di negara ini selain turut memenangi anugerah peruncit terbaik bagi pasaran itu.

“Dalam tempoh lima tahun akan datang, kami mensasar untuk menjadi pusat sehenti bagi kelengkapan komputer kepada pengguna di negara ini,” katanya.

Selain itu, ALL IT turut melancarkan kempen kitar semula sebagai tanggungjawab sosial korporat (CSR) syarikat membabitkan pengumpulan komponen komputer terpakai dan rosak untuk di kitar semula.

Khong berkata, kempen itu dilancarkan bertujuan membantu kerajaan memelihara alam sekitar selain memupuk kesedaran pengguna.

rizalhakim

November 12th, 2008, 06:26 AM

Temui Tranformers di Ikano

KUALA LUMPUR Jika anda berkunjung ke Ikano Power Centre di Mutiara Damansara pada 21 hingga 23 November ini, jangan terkejut apabila melihat Optimus Prime dan Starscream meronda-ronda di pusat beli-belah itu.

Ini kerana kedua-dua watak dalam filem Transformers itu sememangnya dibawa khas ke situ sempena tayangan perdana filem tersebut pada 21 Disember ini di rangkaian HBO Asia.

HBO Asia akan membawa robot-robot berbangsa Autobot dan Decepticon yang bersaiz manusia itu sebagai tetamu khas di acara Transformers HBO, di Atrium Ikano Power Centre.

Kedua-dua robot itu boleh ditemui pada pukul 6 petang hingga 10 malam pada 21 November dan 10 pagi hingga 10 malam pada 22 dan 23 November.

Pelbagai acara menarik yang dipenuhi dengan pelbagai permainan dan peluang untuk menang hadiah-hadiah disediakan untuk pengunjung.

Pengunjung juga berpeluang untuk melihat Starscream berubah daripada robot kepada jet dan kembali menjadi robot di hadapan mata mereka.

Mereka juga boleh bergambar dengan Optimus Prime pada acara tersebut.

Dua puluh pengunjung pertama yang sampai ke acara itu pada 22 November dengan berpakaian seperti Transformers, kostum-kostum atau muncul dengan robot miniatur Transformers akan mendapat beg hadiah bernilai lebih daripada RM300 setiap satu.

rizalhakim

November 17th, 2008, 07:39 AM

Parkson set to invest RM20m in new stores
By DAVID TAN

It also plans to re-launch Miri outlet in January

GEORGE TOWN: Parkson Corp Sdn Bhd is investing about RM20mil to open two new stores in the country next year.

Chief operating officer Toh Peng Koon said the stores would be inside shopping malls in Batu Pahat and Kota Baru.

“Each outlet will have a retail area of 90,000 sq ft. We will spend RM8mil to RM10mil on each outlet,” Toh told StarBiz yesterday.

The new stores would increase the number of Parkson stores in the country to 34, Toh said.

“We will also re-launch a renovated Parkson outlet in Miri on Jan 10, in time to serve our customers for the Chinese New Year,” he added.

http://thestar.com.my/archives/2008/11/15/business/p5-parkson.JPG

This year the group had opened three outlets in shopping malls in Kuching, Kuantan and Malacca.

“We expect slower growth next year, after experiencing double-digit growth annually for the past 10 years.

“Going forward, we will have to be cautious with cash flow management.

“We have to continue paying our suppliers on time to get their support. There is also a need to have more advertisement and promotion programmes,” he said.

On the renovated Parkson Gurney Plaza, which reopens today, Teo said about RM20mil was spent to increase the floor space of the outlet to 165,000 sq ft from 113,000 sq ft previously.

The brand names carried in the renovated complex have expanded to over 400 from 200 previously.

“The new names include Desigual, French Connection, United Colours of Benetton, Timberland and Joseph Aboud,” Teo said, adding that the cosmetic and fragrance department on the ground floor was among the largest in the country.

“We now have over 30 cosmetics brands, including Aesop, Benefit and Origins, and over 50 brands of fragrances.” he added. The group has 41 outlets in China and five in Vietnam.

rizalhakim

November 18th, 2008, 06:14 AM

UO Superstore streamlining ops to face uncertainties
By ZAZALI MUSA

JOHOR BARU: UO Superstore Sdn Bhd is consolidating its operations and further strengthening its eight outlets due to the economic uncertainties.

President Datuk Zahari Omar said the company had no plans to open new stores in the next two years.

He said opening new outlets involved a lot of planning and investment, such as looking for suitable location, hiring personnel and outsourcing products.

“Now is the best time to capitalise on our existing outlets and increase our business,’’ Zahari told StarBiz at the UO Superstore’s 16th anniversary grand draw ceremony recently.

The ceremony was held following its sales campaign from May 23 to Sept 7 which offered prizes worth about RM350,000. The campaign attracted about 500,000 entries.

UO Superstore’s outlets are located at Petaling Street, Pantai Hill Park, Galaxy Ampang (all in Kuala Lumpur), Greentown Mall (Ipoh), Plaza Kotaraya, Plaza Angsana and Pasir Gudang Town Centre (all in Johor Baru).

Zahari said competition in the retail industry had intensified in recent years with the opening of new shopping complexes and hypermarkets nationwide.

Consumers were also becoming more price-sensitive and demanded that retailers offer reasonably-priced goods without compromising on quality, he said.

“Therefore, our focus is to continue offering necessity items at competitive pricing at all times,’’ he added.

Zahari said the company wanted to increase the number of its UO loyalty cardholders, currently at 350,000, and was looking at 5% annual growth.

He said it would allocate RM1mil to refurbish the men’s section at its Plaza Angsana outlet after the Chinese New Year after having spent RM800,000 on the ladies’ section this year.

Zahari said despite the global financial crisis, the company was confident that local consumers would continue to spend albeit cautiously.

He said for its financial year ending Dec 31 (FY08), UO Superstore expected to record RM230mil revenue against RM200mil in FY07.

rizalhakim

November 18th, 2008, 08:08 AM

Ramai rakyat Malaysia berbelanja melebihi pendapatan

KUALA LUMPUR 17 Nov. - Sebahagian besar rakyat negara ini berbelanja lebih daripada pendapatan tahunan mereka untuk membeli produk yang bukan merupakan barangan keperluan asas.

Menurut kajian Indeks Keutamaan Pembelian Pengguna yang dijalankan oleh MasterCard Worldwide, sejumlah 79 peratus rakyat Malaysia berbelanja lebih 10 peratus daripada pendapatan tahunan mereka atas barangan seperti kasut, pakaian dan aksesori manakala 15 peratus membelanjakan lebih 40 peratus daripada gaji tahunan mereka untuk barangan yang sama.

''Kira-kira 59 peratus akan dibelanjakan untuk tujuan hiburan dan makanan, 49 peratus untuk pelancongan dan fesyen manakala 42 peratus dihabiskan pada aksesori untuk tempoh 12 bulan akan datang,'' demikian menurut satu kenyataan di sini, hari ini.

Kajian itu juga menunjukkan 70 peratus pengguna di rantau Asia Pasifik akan mula mengehadkan perbelanjaan mereka terhadap barangan sebegini pada tahun hadapan.

Hiburan dan makanan merupakan yang paling utama dalam perbelanjaan pengguna di 11 daripada 14 buah negara di Asia Pasifik kecuali di India, Korea dan Filipina yang mana kebanyakan pendapatan tahunan mereka dibelanjakan bagi pendidikan anak-anak, tambahnya.

Taiwan, Filipina dan Korea didapati antara negara yang akan mengurangkan perbelanjaan mereka berbanding New Zealand, Australia dan China yang menunjukkan sikap daya tahan pada tahun hadapan.

Kajian tahunan yang membabitkan kira-kira 6,019 pengguna di 14 buah pasaran di Asia Pasifik dibuat sepanjang September lalu.

Dari segi jantina pula, 69 peratus pengguna lelaki didapati kurang cenderung untuk mengurangkan perbelanjaan mereka berbanding wanita yang akan mengehadkan 71 peratus perbelanjaan mereka.

Golongan yang berusia 30 tahun ke bawah juga didapati kurang cenderung untuk mengurangkan perbelanjaan mereka berbanding mereka yang berumur 56 tahun ke atas.

rizalhakim

November 24th, 2008, 08:49 AM

The newly-opened Debenhams at The Curve caters for the family
By ESTHER CHANDRAN

http://thestar.com.my/archives/2008/11/22/central/m_40debenhams2.jpg

British shopping experience: The Debenhams at The Curve
is at the main atrium on the first floor of the shopping mall.

THERE is much bustling on the first floor of The Curve shopping centre in Mutiara Damansara, Petaling Jaya, these days as Debenhams, one of the Britain’s leading department stores, has been attracting hordes of shoppers.

The store, which opened on Nov 8, offers shoppers the Debenhams designer range exclusive to the company, such as Jasper Conran and John Rocha.

Favourite core Debenhams brands, such as Red Herring, Maine and Casual Club, give shoppers access to quality British designed fashion.

This is Debenhams’ second entry into the Malaysian retail market, and the company holding its franchise this time around is Stellar Retail Sdn Bhd.

The company’s chief, Andy Jackson, said his belief in the brand led to the decision to bring in the store for Malaysian shoppers.

“We are trying to make shopping at Debenhams affordable to every one and this is the reason for bringing in a mix of Debenhams label and designer exclusive wear,” he said at the opening party a night before the shop opened to the public.

He said Debenhams had been around for 200 years and believed its new home at The Curve would be well received by shoppers as the mall was ideally located within a shopping precinct and residential area.

He added that the store catered for families and had on its racks a lot of good quality clothing for children, men and women.

The purpose-designed store is slightly scaled down from the previous operation and occupies a 11,000sq ft location stocked with the latest in season for shoppers.

Debenhams is the Britain’s oldest department store, operating in over 40 countries with more than 200 stores worldwide.

http://thestar.com.my/archives/2008/11/22/central/m_40debenhams.jpg

Clothes for all in the family: Quality clothing for children, men and women.

Stellar Retail hosted a casual evening reception for its guests, who included family, friends and media, to preview the latest in its Autumn/Winter collection.

Most of the guests comprised women who were only too eager to get their hands on the latest British designs that have been made available in Malaysia by Stellar Retail.

rizalhakim

November 26th, 2008, 04:45 AM

Shopping haven is next

GEORGE TOWN: The Penang Tourism Action Council and the state's private sector will aggressively promote Penang as a shopping haven in the northern region.

Council general manager Chin Yin Fatt said it was time the state positioned itself as a shopping hot spot after establishing its reputation as a heritage-rich food haven.

With 16 modern shopping malls, Penang has a clear advantage in the region. :nuts::nuts:..aiyo so confident meh???!!!

"Since George Town has secured Unesco World Heritage Site status, we must complete the package by becoming a shopping haven," Chin said at the official launch of the state-level Malaysia Savings Sale 2008 here yesterday.

Modern malls aside, Penang is also known for its traditional street shopping, particularly at Batu Ferringhi.

The Tourism Ministry had approved a RM6.2 million budget to spruce up the place to attract more shoppers.

rizalhakim

November 26th, 2008, 11:28 AM

rizalhakim

November 28th, 2008, 07:16 AM

More expected to shop in Penang

GEORGE Town’s listing as a Unesco World Heritage Site is expected to lure more tourists to major shopping centres during the Malaysia Savings Sale 2008.

Penang Tourism Action Council (PTAC) general manager Chin Yin Fat said the year-end sales campaign from Nov 29 to Jan 4 would also help elevate Penang’s potential as one of the leading shopping destinations in the country.

The year-end sales will be launched at Queensbay Mall on Dec 3.

Speaking at a press conference at PTAC office in George Town recently, Chin said 15 shopping complexes on the island and mainland would be taking part in the campaign.

Gurney Plaza’s anchor tenant Parkson and 50 other particating outlets are offering discounts of up to 50% on selected brands.

Gurney Plaza which is also celebrating its seventh anniversary from Nov 1 to Dec 31, is also offering shoppers a chance to win the grand prize of a Proton Saga if they spend a minimum of RM100.

Shoppers at Gama will also get to enjoy storewide discounts of up to 70%.

All Sunshine outlets will be offering discounts of up to 80% during the year-end sales.

There will also be a one-day pre-Christmas sale at Sunshine Square and Sunshine Farlim on Dec 6 until midnight.

On that day, there will be additional discounts, gifts and vouchers for shoppers.

Shoppers at all Sunshine chain of supermarkets also get to enjoy discounts of up to 21% on 600 supermarket items daily until Dec 31.

rizalhakim

November 28th, 2008, 07:20 AM

Treat for shoppers in KK

KOTA KINABALU: Borneo’s largest shopping mall is doing its bit for the ongoing Malaysian Mega Sale by offering shoppers instant rewards and a chance to win a car.

“What better way to treat our shoppers than by rewarding them with instant gift redemption and an opportunity to win a car and more?” said Narendra Kumar, general manager of the 1Borneo hypermall management corporation.

He said that shoppers were entitled to instant gift redemption at participating outlets at the mall and its sister property Warisan Square downtown here.

“One can immediately redeem for merchandise like Apple iPods, Nokia mobile phones, USB thumb drives as well as food and beverage.

“With minimum spending of RM30, you can receive a Platinum Club Trendy Card on the spot,” Narendra said.

He said those seeking bigger rewards can obtain the 1Borneo Shopping Passport for free at the Concierge Counter.

“A minimum purchase of RM10 entitles you to a sticker. Complete the passport with 50 stickers for a chance to win the grand prize of a Perodua Myvi, or return air tickets to Hong Kong, Bangkok and Singapore from Jetstar Airways in a lucky draw, said the mall’s public relations manager Chris Ho.

The 1Borneo Mega Malaysia Savings Sale is on from Nov 21 to January 28 next year.

For more information, call 088-448 089 (Concierge Counter).

rizalhakim

December 2nd, 2008, 04:44 AM

the new Aeon Jusco AU2, Keramat(open 1-12-08)

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http://adlankhalidi.com/2008/11/new-shopping-mall-in-town/

Testing times for shopping malls
By ANGIE NG and EDY SARIF

Centres in less popular areas to face slowdown

PETALING JAYA: With six new projects coming onstream in the Klang Valley next year, the retail property market is expected to see a consolidation in occupancy and rental rates in the next few months.

Retail property consultants said while popular malls in good locations including Suria KLCC, Mid Valley Megamall, Sunway Pyramid and 1 Utama would continue to record full occupancy and business growth, those located in less sought-after areas would face a slowdown.

In its third quarter 2008 retail market report, Regroup Associates said the average vacancy rate in Klang Valley shopping malls rose by a marginal 0.3 percentage point quarter-on-quarter to 7.5%.

Three new retail centres will be completed in the suburbs in the fourth quarter, namely AEON’s AU2 in Wangsa Maju, Giant in Kota Damansara and the Tropicana Mall in Petaling Jaya. They will add 924,000 sq ft of net lettable area to the market.

Popular malls in good locations will continue to record full occupancy

“Kuala Lumpur registered a higher vacancy of 11.2% compared with the suburbs which registered only 3.9%. The overall dilution in retail because of the major increase in supply, totalling 4.2 million sq ft last year, has dampened the appetite for many mainstream brands,” the report said.

Regroup Associates managing director Allan Soo said there was still room for rental growth in the more popular malls from the current average rate of between RM20 and RM45 per sq ft.

Suria KLCC is commanding some of the highest rental rates in the industry with some prime lots going for more than RM80 per sq ft although its rates average around RM50 per sq ft.

Of the existing 114 retail centres including hypermarkets in the Klang Valley, Soo said only about 20 were good ones, 10 above average and the rest considered under-performing, in terms of retail sales and rental rates.

ECM Libra Investment Research said retail centres in the city seemed more saturated with average occupancy of 88.8% compared with 96.1% in the suburbs.

It said while the Klang Valley market was saturated with the current supply at 38.2 million sq ft, certain suburbs, such as Setapak and Cheras, continued to be under-served.

“The recent entry of institutional investors as owners of retail centres will improve the quality of the retail market in the long run,” it said.

If developers proceed to build according to their plans, a further 4.3 million sq ft will be added in the next two to three years.

Meanwhile, retail consultant and former president of the Malaysian Association for Shopping & Highrise Complex Management, Richard Chan, urged mall owners to upkeep their properties and ensure they are well managed.

“Retail centres are not homogeneous products and there are many factors besides location and demographics that determine their success or failure.

“Successful malls need to be well managed to attract the crowd. Going forward, for malls to be successful they must have good lifestyle elements such as popular food and beverage outlets,” Chan said.

He said suburban malls were gaining popularity with strong occupancy rates of more than 90% for the new malls coming onstream soon. Tropicana City in Petaling Jaya has achieved a 90% occupancy rate while the expanded IOI Mall in Puchong and AU2 in Wangsa Maju are fully leased out.

rizalhakim

December 2nd, 2008, 09:44 AM

New mall in Bayan Baru
By Rosalynn Poh
Email us your feedback at fd@bizedge.com

Penang developer Seraimas Bina Group's (SBG) first project, D'Piazza Mall in Bayan Baru in Penang, will be officially launched in January.
D'Piazza Mall sits on an 8.5-acre freehold tract which was acquired in 2005 at a cost of RM30 million. The mall, comprising 90 units of 3-storey shops, 21 units of 1-storey shops and 62 bazaar lots, has a total built-up of 525,000 sq ft. The developer says the 3-storey intermediate units range from RM860,000 to RM980,000 and 99% of the units have been sold.
"Only one corner unit is available. Most of our buyers are food & beverage (F&B) operators, professional groups and local investors. Currently, the intermediate units are getting offers in the secondary market in the range of RM1.3 million," SBG managing director Dr Basir Ahmad Pier Mohd tells City & Country. Rental rates for D'Piazza Mall, he adds, is RM5 psf for the ground floor.
SBG started as a contractor in 1992 and completed over RM600 million worth of projects before moving into property development in 2005. The developer has launched three projects so far with a total gross development value (GDV) of RM270 million. Adjacent to D'Piazza Mall is the RM180 million D'Piazza Condominium which was launched last year, while Taman Central Park in Butterworth, with a GDV of RM60 million, was launched last February.
Taman Central Park is a mixed housing development of 305 residential units and, according to the developer, has seen a take-up rate of 60%. Expected to be completed by early 2010, the development consists of 154 units of 2 and 2½-storey terraced houses, 100 apartments and 54 units of low-cost apartments. Terraced houses have built-ups from 1,600 sq ft to 2,600 sq ft and are tagged from RM255,000 to RM500,000, apartments are 750 sq ft and priced at RM90,000, while the low-cost apartments are 650 sq ft.
X-Scan Penang Sdn Bhd (X-Scan) was set up to develop D'Piazza Mall and D'Piazza Condominium which is 4km from the airport and less than eight minutes drive to Penang Bridge.
Basir, who is also X-Scan managing director, says the original major shareholder of X-Scan was involved in supplying X-ray scanners for airports before it decided to sell the project to Seraimas Bina Group.
Raine & Horne International Zaki & Partners Sdn Bhd director Mike Geh tells City & Country that D'Piazza Mall is strategically located facing Jalan Mahsuri. "Bayan Baru is a growing area, and therefore makes it an attractive location. There are still a lot of land available there," he adds.
"This mall is a fusion of various features of shopping and entertainment outlets. Basically, the design incorporates a Spanish/Moorish feature, with a large single main atrium of 30,000 sq ft," says Basir, adding that the design allows the entertainment and food outlets to operate on a 24-hour basis while the shopping complex itself will close at 10pm.
He says the mall is not designed for an anchor tenant but the atrium, which is larger than the plinth of the Penang International Sports Arena (Pisa), will be able to host various exhibitions and this will be the main attraction of the mall.
Basir also says that only 30% to 40% of the outlets are expected to be retail in nature: "This is a lifestyle mall as most of the outlets would be F&B premises and general service outlets such as pharmacy, medical and dental practices, insurance and direct selling."
Some of the upcoming outlets, he adds, include Pelita Nasi Kandar, Promtip Thai Restaurant, several Chinese restaurants, Amway outlet, Body Glove, pharmacy and a general sporting store to be operated by a famous national athlete.
As for the D'Piazza condominium, the developer expects its completion by 2Q2009. The condominium consists of 706 units with built-ups of 1,100 to 1,300 sq ft and it is adjacent to D'Piazza Mall. "We have received tremendous response from young professional buyers, with 90% of the units already sold," says Basir, adding that the buyers are mainly local professionals in their late twenties and early thirties who are working for multinational companies in the Bayan Lepas Industrial Estate.
Asked about the current retail market and property scenario on the island, Basir says: "Presently, there is a downward bias in the retail market in Penang but it should pick up in 2Q2009. The property market is also experiencing a substantial slowdown due to negative consumer sentiment resulting from high inflationary pressures during 2008. This trend will continue until 2010.
Going forward, the developer also expects to commence construction of the new Penang Customs headquarters in Seberang Jaya, under the design-and-build concept, in 1Q2009. On whether the company will be looking at other states for future developments, Basir says: "We intend to concentrate on the Penang market before moving to other states."

http://www.dpiazzapenang.com/

rizalhakim

December 5th, 2008, 04:39 AM

ethan

December 8th, 2008, 10:53 PM

New AEON AU2 Setiawangsa

The new AEON AU2 Setiawangsa opens today.

Enjoy FREE parking till 31st January 2009.

Just went there last weekend, Wah!!! so many people inside!!!

rizalhakim

December 9th, 2008, 07:54 AM

Mall celebrates Christmas with orphans from Rumah Hope

MALAYSIA’S first pedestrian-ised lifestyle mall spread the joy of the festive season to orphans from Rumah Hope with several local celebrities also joining in to liven up the event for the children.

Adding to the cheer, the children also had the chance to meet local celebrities.

The Curve employees greeted the children at the Centre Court when they arrived but the kids seemed more interested in the giant Christmas tree that had been created with a garden theme.

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Mesmerising: The snow feature grabbed the attention of children and adults, alike.

The children were then invited to change into costumes provided for them before they joined celebrities, including Jehan Miskin, Awal Ashaari and Fahrin Ahmad to witness the lighting up ceremony.

The Curve centre manager Adele Flores rang the Christmas bell to start the event and she was followed by the Sync Tone Junior Youth Choir who treated the audience to a selection of carols.

“We are pleased to share the Christmas joy with these children and our efforts this year make Christmas that much more meaningful for us.

Smile please: The children with the celebrities.

“We intend to continue this practice annually and would like to thank the celebrities and our sponsors for helping to make this event a success,” Flores said.

Before enjoying dinner at Paddington’s House of Pancakes, the children were given some time to play with the falling snow flakes at the Piazza. The children were also given a goodie bag each when they left.

Sponsors included Peek-A-Boo, Tribeca, My Diamond, L’Occitane, Blush, The Smile Clinic Dental, Sweet Memory, Jigsaw Puzzle World, City Chain, Hair Kunst, The Apartment, TGIF, Italiannies, Vista Vision Specialist, Johnson Fitness, Binwanis, Uluwatu, Boustead Travel, Padini, Schwarzkopf and Kwikcut.

rizalhakim

December 9th, 2008, 07:57 AM

Malls adopt various themes to entice shoppers
By JAYAGANDI JAYARAJ
Photos by SAM THAM, GLENN GUAN and SIA HONG KIAU

WITH a lot of built-up area to spare, the Christmas setting in most malls in Petaling Jaya are quite elaborate, emphasising individual themes for the year with great detail and effort.

The themes tell stories that eventually involve the shoppers like The Magic of Christmas theme at the 1 Utama Shopping Centre.

The theme suggests Alice in Wonderland, with shoppers exploring the many wonderlands throughout the mall.

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Stunning sight: The glowing Chritmas trees on the stage at the Oval councourse at 1 Utama.

There are seven wonderlands located at various venues in the mall where shoppers can take photographs with family and friends.

Colourful characters from the storybook such as Tweedledee, the Mad Hatter, the Christmas Hare and the Snow Queen will also make appearances to hand out sweet treats to shoppers.

However, the highlight is at the Oval concourse area, where there are six-metre tall white Christmas trees made of spheres and decorated with yellow lights for a surreal effect.

Surrounding the stage are kiosks selling various gifts. Shoppers can also pick up the Christmas scrapbook, which explains the wonderland adventures and activities, chapter by chapter. The book is free with any purchase at the mall.

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Colourful: Sunway Pyramid’s Blue Concourse adopts a fun outlook for the season.

Meanwhile, The Curve adopts a serene and well-planned fantasy garden in its Centre Court.

The highlight is a 12-metre high Christmas tree.

The Zen-like landscape in the garden also features sculpted animal shapes like the elephant, squirrel, reindeer, rabbit and bear.

Also in the garden are kind-looking elf dolls. Some even have wings.

The colour-theme also spreads to the entire mall, especially at the well-decked arches that lead to the open, food area.

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Exotic: The Gardens is also dressed up for the season.

The mall is also creating a White Christmas feel at the Piazza area where the snow feature is situated.

Shoppers will also receive a free, crafted Santa candle wrapped in a Christmas pouch when they spend a minimum of RM250 in accumulated receipts.

Dazzling red Christmas trees take charge at the Sunway Pyramid concourse area. The three trees are made of metal structures bedecked with red, fairy lights and rolls of large ribbons.

At the centre of the ceiling, there is a huge glass chandelier that adds to the entire set up. To create a blanket of warmth, red drapes hang at certain points and floors at the mall.

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Working hard: An elven figure can be seen at The Curve’s Christmas display.

“We have a large basement store where we keep decor from previous years and try to recycle and re-use them with different themes. We believe in recycling.

“The three trees represent the three wise men who visited Jesus at birth,” Sunway Pyramid assistant marketing manager Loo Hoey Theen said.

Over at the new wing in the Blue concourse, there is a 4.5m-high Jack-In-The-Box toyland, creating a fantasy feel. Making things interesting, the mall is also giving shoppers a free Ferris Wheel ride and a Christmas gift draw with a minimum expenditure of RM100.

Meanwhile not too far away from Petaling Jaya, the Mid Valley Megamall has its own Christmas story to tell.

This season, the mall adopts the book “Twas The Night Before Christmas”, which tells the tale of Billy and Jane who are taken into a carnival the night before Christmas.

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Menagerie: Animals, like this elephant, are also featured at The Curve.

The book, which is available free to all shoppers, describes the things Billy and Jane experienced.

Mid Valley City public relations assistant manager Catherine Lim said the shoppers were like Billy and Jane at the mall.

“We have recreated the carnival scenes from the book at the mall so that shoppers can relate to it. Like the stage area and the caravans and carousels, we have them in the book,” she said.

The theme is also complete with touring characters such as fancily dressed jesters and jokers, jugglers, balloon twisters and stilt-walkers.

The mall also has interesting activities set up throughout the month for shoppers to indulge in. At the HSBC tent, shoppers get a special mug when they spend a minimum of RM300 in a single receipt. MasterCard holders can redeem a limited edition notebook when they charge RM200 and above on a single receipt at any speciality store.

Nearby, The Gardens features an interesting and pretty concept for the season. In line with the garden concept of the mall, the decorations emphasise flowers and giant-sized ivory birdcages.

There are also huge Christmas trees positioned at different parts of the mall to give it the mood without actually overcrowding the place. Pink and purple dominate the colour coordination of the ornaments, creating a magical garden feel.

rizalhakim

December 9th, 2008, 10:14 AM

Giant Christmas decor

GURNEY Plaza ushered in the Christmas spirit with a visit from St Nick and the lighting of a 9m-tall Christmas tree at the shopping mall’s entrance.

Hundreds of tiny twinkling lights were set aglow after invited guests and passing shoppers were entertained with traditional holiday hymns and dances by about 50 children dressed in white.

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Children from Jet Talent Kids singing and dancing during the tree-lighting ceremony.

Present to officiate the lighting ceremony was state executive councillor Danny Law.

The tree is one of the main attractions of the mall’s holiday decorations themed ‘Christmas Miracle’ this year.

rizalhakim

December 10th, 2008, 10:29 AM

Malls all abuzz for Xmas

By YEE XIANG YUN
Pictures by ABDUL RAHMAN EMBONG and YEE XIANG YUN

CHRISTMAS is around the corner and shopping malls in Johor Baru have been geared up for the occasion with special decorations and fun activities.

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Attractive: Christmas decorations adding to the festive atmosphere at Danga City Mall.

The present economic downturn, which has made people more cautious in spending, does not seem to have affected the Christmas spirit of Johoreans. Malls in the city are packed with shoppers looking for bargains, decorations and gifts for their loved ones.

The malls are decorated with bright, colourful lights, Christmas trimmings, giant baubles, toys, and images of angels and Santa Claus to create a fairyland ambience.

Johor Baru City Square communications and administrative manager Josephine Lim said there would be goodie giveaways, clothing fairs and Christmas fairs for shoppers.

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Family outing: A shopper and his daughter choosing Christmas decorations at Plaza Pelangi in Johor Baru recently.

“To hype up the festive atmosphere, we have lined up exciting events and activities.

“Santa Clauses, Santarinas and Christmas elves will give out candies, sweet treats and other festive goodies from now until Dec 21, and on Dec 25,” she said.

She said that business was picking up as it was also the yearend sale period.

“The economic downturn has not affected sales at the mall.

“People are generous in spending as it is the festive period and they need to buy gifts and decorative items for their homes,” she said, adding that the mall was decorated with the theme Enchanting Christmas.

The Zone Shopping Mall in Stulang is also doing brisk sales.

The mall’s advertising and promotions manager Evelyn Chong said the financial crisis did not deter people from spending.

“Shoppers can enjoy up to 70% discount on items at the mall’s department store and there are also discounts at all of the mall’s outlets,” she said.

Chong said, instead of the traditional Christmas decorations, the mall tried something different this year.

“We have cone-shaped Christmas trees instead of pine trees,” she said.

Shoppers can expect live band performances, carolling and magic shows throughout the month.

Plaza Pelangi advertising and promotions assistant manager Nur Adila Nuha Abdullah said the mall had a traditional theme for Christmas.

“It is decorated in red and gold colours to give shoppers a warm feeling.

“They will be treated to carolling, a live band and an orchestra playing Christmas songs. There will also be Santa Clauses and Santarinas parading around,” she said.

Nur Adila Nuha said there would be a midnight sale from 2pm on Dec 12.

“Those who spend RM50 and above will be treated to coffee and donuts on a first-come-first-served basis.

“Shoppers also stand the chance to win vouchers and flight tickets,” she said.

Shoppers at Danga City Mall have not been left out as they are being treated to fantastic discounts.

The mall’s managing director Gary Lee Seaton said there were also attractive prizes to be won.

“Patrons who spend at least RM50 will be entitled to lucky draws and items such as iPods, mobile phones, electronic game sets and watches will be given away every week.

“Shoppers can also check out the promotions, including a children’s fair, home fair and home decor fair until Dec 28,” he said.

rizalhakim

December 10th, 2008, 10:30 AM

Azalina: Keep malls open until midnight

KOTA KINABALU: Shopping mall managements have been urged to keep their centres open until midnight at least once a week to make the country a popular shopping destination.

Tourism Minister Datuk Azalina Othman said it would be good for the malls to be open for a few more hours after the closing time of 10pm.

“Perhaps the managements can consider doing it once a week, say on weekends,” she said while launching the Sabah-level Malaysian Mega Sale Carnival at the 1Borneo mall here recently

She said that Malaysia was becoming well known as a shopping destination as prices of goods here were more reasonable than in other countries.

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Great buys: Azalina (fifth from right) launching the Sabah-level Malaysian Mega Sale Carnival at the 1Borneo mall in Kota Kinabalu recently.

Azalina said that concerted efforts should be made to strengthen Malaysia’s tourism sector which had emerged as the nation’s second-largest revenue earner after manufacturing.

She said that Sabah would gain from events like the carnival as the state was receiving tourists from Brunei, Sarawak and the peninsula who wanted to experience shopping at malls such as 1Borneo.

As of September this year, some 1.7 million tourists had visited Sabah and 96% of them arrived by air, Azalina said.

baqthier

December 10th, 2008, 12:27 PM

yah..the reason why i like starhill..some of their boutiques open till 11+ :D

rizalhakim

December 11th, 2008, 04:02 AM

Aeon confident on Malaysian retail industry
By ZAZALI MUSA

JOHOR BARU: Aeon Co (M) Bhd remains bullish on Malaysia’s retail industry despite the gloomy global economic outlook, says chairman Datuk Abdullah Mohd Yusof, adding that the industry was valued at about RM70bil annually.

Managing director Nagahisa Oyama said apart from Klang Valley and Penang, the company was focusing on Johor Baru as part of its mid-term plan until 2010 for future expansion.

With South Johor being developed into a retail hub, Iskandar Malaysia offered good business prospects for retailers, he said.

He said over five years, Aeon had opened four shopping centres within Iskandar Malaysia at Taman Universiti, Permas Jaya, Tebrau and Bukit Indah.

“We believe the retail sector in Iskandar Malaysia will continue to grow in years to come in tandem with the growth of the corridor,’’ Oyama said at the tree planting ceremony to mark the opening of Aeon’s Bukit Indah shopping centre last Saturday.

The RM300mil shopping centre on 15.132ha is Aeon’s 21st Jusco store. To date, 95% of the three-storey shopping centre has been taken up by 200 tenants.

Oyama said the shopping centre would open for business on Dec 19 in time for Christmas while the grand opening would probably be early next year.

Meanwhile, Johor Mentri Besar Datuk Abdul Ghani Othman said many local and foreign retailers would be opening in Iskandar Malaysia be it shopping complexes, hypermarkets or supermarkets.

He said a world renowned property group would open a premium outlet in Iskandar Malaysia soon, making it the first premium outlet in South-East Asia.

Ghani said the outlet would also attract shoppers from this region as similar outlets had proved popular in cities like London, Tokyo, New York and Seoul.

rizalhakim

December 11th, 2008, 04:58 AM

the new Aeon Jusco AU2 Setiawangsa

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rizalhakim

December 11th, 2008, 04:59 AM

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rizalhakim

December 11th, 2008, 04:59 AM

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rizalhakim

December 11th, 2008, 05:00 AM

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rizalhakim

December 11th, 2008, 05:01 AM

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rizalhakim

December 11th, 2008, 05:03 AM

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rizalhakim

December 11th, 2008, 05:04 AM

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rizalhakim

December 11th, 2008, 05:06 AM

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rizalhakim

December 11th, 2008, 05:12 AM

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rizalhakim

December 11th, 2008, 05:34 AM

Bangsar Village all aglow

THERE were cheers aplenty along Jalan Telawi 1 and 3 when the decorative lights came on, transforming the ordinary streets surrounding Bangsar Village into a glittery and magical wonderland.

The streets lit up with a spectacular display of fairy lights draped over all the trees across both streets, a brilliant Christmas tree made from decorative lights and a huge lighted Christmas tree image on the walls of Bangsar Village II.

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Bedazzled: The children of the Stepping Stones Home and Rumah Kanak-Kanak Angels at the lighting up ceremony.

The dazzling display was in conjunction with the Holiday Light-Up event for the neighbourhood shopping centre.

To mark the event, several rounds of timeless well-loved Christmas carols were sung by the St John’s Cathedral Christmas Carollers.

The Starbucks angels were also present to spread Christmas cheer by offering the Starbucks pomegranate peach frappucino drink to guests.

Enjoying the festive atmosphere were the children of the Stepping Stones Home and Rumah Kanak-Kanak Angels, who are the present beneficiaries of the Bangsar Village Kids for Kids Charity.

Bangsar Village Complex manager Tan Joon Kai said the Holiday Light-Up event was a meaningful first for Bangsar Village as it allowed the shopping centre to spread and share the joy with its customers, tenants and the charity homes it worked closely with.

Tan added that Bangsar Village was taking a more pro-active stance this year in ensuring that the decorative elements used were re-usable or made from recyclable materials.

“The main tree outside Bangsar Village was made using such materials and the lighting used is energy-efficient, either LED Christmas lights or bulbs provided by Megaman, a leader in energy-saving lamp technology,” he said.

Bangsar Village’s Christmas decorations will be up until Dec 29.

Check out the numerous attractions including a ‘creative bottle tree’ made from over 3000 bottles at Bangsar Village II.

Children can also enjoy rides on Santa’s sleigh or examine to their hearts’ content a model Gingerbread House on display.

rizalhakim

December 12th, 2008, 05:38 AM

Malls turn on the charm
By ANDREA FILMER

IT is the season to be jolly and shopping complexes in Penang are holding nothing back to put shoppers in a merry mood.

Despite talk of an impending economic slowdown, shopping malls here are optimistic of a fruitful Christmas season.

Gurney Plaza is all alight, with the main attraction of 14 giant, white stencilled Christmas trees adorned with twinkling lights hanging over the central atrium.

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The Christmas trees and decorations adorning the foyer of Gurney Plaza.

“The Christmas decorations went up early this year as we co-ordinated it with the opening of our new wing.

“As the space to decorate has gone up, we have increased the allocation as well and we’ve themed this year ‘A Magical Christmas’,” said CapitaRetail Gurney Sdn Bhd centre manager Pauline Teh, whose company manages Gurney Plaza.

Teh added that the mall hoped to attract scores of customers during the holiday season despite the economic concerns.

“So far, things are still doing okay business wise and the new wing is managing to offer something new to customers,” she said.

Gama Supermarket and Departmental Store sales and general affairs divisional manager Neoh Kean Bin said the management was actually seeing an increased of sales this year.

“To be honest, we haven’t really felt the effects of the slowdown yet. Things are progressing as normal and compared to last year, the sales are actually better,” he said.

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Sunshine Square puts up a giant Christmas tree.

Neoh added that Chirstmas was in full swing at the department store where a giant tree decorated with twinkling lights had been set up at the mall’s clock tower entrance to beckon shoppers.

“The decorations went up about 10 days ago and we’re hoping the trees, lights and decorations along with special Christmas shopping bags will create a good atmosphere for the season,” he said.

At Sunshine Square Bayan Baru, Christmas had indeed started early with the traditional 9m Christmas tree, covered with white and silver snowflakes this year, towering over shoppers just a week after Deepavali was celebrated in late October.

“The holidays this year are all quite close together so we’re timing the decorations carefully. Chinese New Year will be celebrated on Jan 26 so the decorations have to be changed almost immediately after Christmas,” said Sunshine Wholesale Mart advertising and promotion manager Peter Chan.

On the shopping climate this holiday season, Chan said business was not much affected this year at all.

“In Malaysia, everyone celebrates almost every festival. Though shoppers might think of spending less, they definitely won’t miss out giving gifts on Christmas so things are not much different than any other year.

“According to tradition, Malaysians arealso quite ‘late’ at most things so we expect a big holiday rush in one to two weeks,” he said.

rizalhakim

December 12th, 2008, 09:00 AM

Bintang Plaza Miri

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http://www.bintangplaza.com/

rizalhakim

December 12th, 2008, 09:02 AM

Kluang Mall

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achkeen10

December 15th, 2008, 07:23 AM

AEON AU2 looks like a Western style mall. I hope AEON Melaka also looks the same style. So spacious n have benches for shoppers to sit. Besides the tenants also quite diff. More F&B outlets.

rizalhakim

December 15th, 2008, 07:30 AM

Jusco mercu tanda baru Seberang Perai

BUKIT MERTAJAM Gedung membeli-belah Jaya Jusco yang dibuka secara rasmi kelmarin bakal menjadi mercu tanda baru di Seberang Perai khususnya sekitar Bandar Perda yang semakin berkembang pesat.

Dengan penyediaan lebih 160 premis perniagaan yang menjual aneka jenis produk dan perkhidmatan, pusat membeli-belah di Kompleks AEON Seberang Prai City itu menampilkan imej kontemporari pada rekaan dalamannya demi keselesaan pengunjung.

Selain itu, pengendali rangkaian gedung membeli-belah itu, AEON Co. (M) Bhd., juga menyediakan pelbagai kemudahan yang membolehkan para pengunjung menikmati pengalaman membeli-belah yang lebih menyeronokkan.

Sebanyak 3,000 petak letak kereta disediakan di tingkat bawah serta pekarangan pusat membeli-belah tersebut yang terletak di laluan utama syarikat bas termasuk RapidPenang dan Cityliner.

Pengerusi AEON, Datuk Abdullah Mohd. Yusof berkata, pembukaan pusat membeli belah itu menandakan satu lagi pencapaian syarikat itu dalam usaha meluaskan pasaran di seluruh negara.

''Ini sejajar dengan hasrat kami untuk memajukan perkhidmatan peruncitan yang efisien dan serba moden untuk para pengguna di Malaysia termasuk di Seberang Perai.

''Dengan wujudnya pusat beli-belah ini, kami berpeluang mengadakan program usahasama dengan agensi-agensi kerajaan dalam membantu memasarkan barangan keluaran tempatan," katanya.

Beliau berkata demikian pada majlis perasmian pembukaan pusat membeli-belah itu yang disempurnakan Yang Dipertua Negeri Tun Abdul Rahman Abbas di Bandar Perda, di sini kelmarin.

Turut hadir isteri Yang Dipertua Negeri, Toh Puan Majimor Shariff; Pengerusi Jawatankuasa Perdagangan Dalam Negeri dan Hal Ehwal Pengguna negeri, Abdul Malik Kassim dan Pengarah Urusan AEON Co.(M) Berhad, Nagahisa Oyama.

Abdullah berkata, pusat beli-belah itu turut menyediakan ruang khas kepada pengusaha produk tani dan tradisional dikenali sebagai Bazaar Seni untuk membantu pengusaha industri kecil dan sederhana (IKS).

Selain itu, gedung beli-belah seluas 1.6 juta persegi itu turut menempatkan sebuah perpustakaan awam dalam usaha menggalakkan amalan membaca kepada orang ramai terutamanya kanak-kanak.

Katanya, AEON Seberang Prai City yang dibuka sejak 22 Ogos lalu mendapat sambutan menggalakkan daripada orang ramai dan yakin jumlah pengunjung akan terus bertambah seiring dengan pembangunan pesat di sekitarnya.

rizalhakim

December 15th, 2008, 08:00 AM

Aeon Co buka cawangan Jusco baru

BUKIT MERTAJAM: Aeon Co (M) Bhd (Aeon Co), pemilik rangkaian Pasar Raya Jusco, melabur RM40 juta dengan membuka sebuah lagi cawangan gedung beli-belah syarikat itu di Bandar Perda di sini.

Gedung itu yang dikenali sebagai Aeon Seberang Prai City, memulakan operasi sejak Ogos lalu di kawasan seluas 10 hektar. Premis itu adalah cawangan Jusco ke-19 di negara ini.

Selain Jusco yang berkeluasan 288,000 kaki persegi, bangunan itu juga menempatkan 168 unit kedai berkeluasan 1.6 juta kaki persegi dengan 3,000 tempat letak kereta.

Majlis perasmian disempurnakan Yang di-Pertua Negeri, Tun Abdul Rahman Abbas, kelmarin. Hadir sama, Toh Puan Majimor Shariff; Pengerusi Aoen Co, Datuk Abdullah Mohd Yusof dan Pengarah Urusan Aeon Co, Nagahisa Oyama.

Sempena majlis itu, Yayasan Jusco Malaysia turut menderma sebuah mesin dialisis berharga RM43,000 kepada Pusat Dialisis Province Wellesly Medifund.

Sementara itu, Abdullah berkata, pembukaan gedung berkenaan menandakan satu lagi pencapaian syarikat dalam usaha menambah cawangan di seluruh negara.

Katanya, ia selaras dengan hasrat syarikat yang ditubuhkan 24 tahun lalu untuk memajukan perkhidmatan peruncitan yang cekap dan serba moden kepada pengguna.

"Dengan adanya sebuah lagi cawangan Jusco, kami juga berharap mendapat peluang mengadakan program usaha sama dengan agensi kerajaan untuk membantu memasar dan mempromosi produk tempatan.

"Jusco juga memberi peluang kepada pengusaha tempatan mempamerkan produk pertanian," katanya.

Mengenai perancangan masa depan, Abdullah berkata, Aeon Co akan membuka tujuh lagi cawangan gedung beli belah dan pasar raya pada tahun depan walaupun pertumbuhan ekonomi negara dijangka perlahan.

Cawangan itu adalah dua pusat beli belah Jusco, masing-masing satu di Melaka dan Lembah Klang, manakala lima pasar raya MaxValu yang masih dalam proses mengenal pasti lokasi sesuai.

Ketika ini, syarikat itu memiliki 26 cawangan Jusco di seluruh negara merangkumi 21 gedung beli-belah dan lima pasar raya MaxValu yang beroperasi di sekitar Lembah Klang.

Mengenai kesan kemelesetan ekonomi terhadap syarikat itu, Abdullah menjangka Aeon Co turut menerima tempiasnya berikutan kuasa beli pengguna yang dijangka merosot.

"Operasi kami mungkin terjejas tetapi hanya memberi kesan yang minimum kerana barangan yang dijual bukan semuanya barang mewah tetapi mampu dimiliki," katanya.

Mengenai jumlah pemegang kad J-Card, Abdullah berkata, ketika ini ada lebih 800,000 ahli di seluruh negara, yang menjadi penyumbang utama kepada pertumbuhan jualan syarikat.

rizalhakim

December 15th, 2008, 09:11 AM

S'poreans still big spenders in M’sia despite slowdown

JOHOR BAHARU: Singaporeans, despite facing some tough economic conditions back home, are still the big spenders in Malaysia.

Figures gleaned from the 2008 Malaysia Mega Sale Carnival statistics showed that Singaporeans spent the most with a whopping RM64.7mil in credit card transactions.

Indonesians are next with RM42.9mil and that is why Tourism Malaysia is confident that the Malaysia Savings Sale 2008, which began on Nov 29 and ends on Jan 4, will enjoy the same success, if not better.

Speaking at the Johor launch of the Malaysia Saving Sales 2008 at the Plaza Pelangi on Friday night, Datuk Idros Mohd, the chief executive officer of Pempena Sdn Bhd, the Shopping Malaysia arm of the Tourism Ministry, said that Singapore was still the country's No 1 market.

"There is no denying that we depend a lot on Singaporeans as far as tourist arrival figures are concerned. In fact, last year we welcomed an estimated 10.5 million Singaporeans. "In a way, the Malaysia Savings Sale 2008 is targetted primarily at the Singapore market and Johor Baru being the closest to the republic is our main focus.

"People say that during these tough economic climate, shopping is the last thing on their minds. But I see it as a blessing in disguise for Malaysian retailers. "Times are tough and consumers are more careful with their money. That's why it's so attractive for Singaporeans to make their short hop-over to Johor Baharu to shop because of the favourable exchange rate," he said.

The opening of the new Customs and Immigration Complex scheduled for Tuesday also means that Singaporeans will enjoy a smoother drive into the city, Idros added.

The Malaysia Savings Sale 2008 was first launched by Tourism Minister Datuk Seri Azalina Othman Said at the Pavillion in Kuala Lumpur on Nov 29 and since then it had launches in Langkawi, Miri, Kota Kinabalu, Penang and now Johor Baru. - Bernama

rizalhakim

December 15th, 2008, 09:18 AM

AEON Jusco AU2 Setiawangsa

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rizalhakim

December 16th, 2008, 05:36 AM

Fila launches new collection at boutique
By JADE CHAN

SINGER-SONGWRITER Rynn Lim confesses to being a fan of Fila, which he favours for the brand’s lightweight materials and comfortable designs – features he says are important in sportswear.

“My first purchase from Fila was a pair of sports shoes, which I needed then to play volleyball,” the Taiwan-based Malaysian artiste who swims, cycles and jogs to stay in shape, said.

Lim was the celebrity guest at the opening of the new Fila boutique at 1 Utama Shopping Centre.

“The unveiling of this store is in line with our new concept, which is synonymous with sports performance and sleek fashion,” said Global Sports (Malaysia) Sdn Bhd country manager San Tay, whose company is the licensee for the Fila brand.

“It is a representation of our mission to be an authentic performance sports brand inspired by the style, elegance and passion of our Italian heritage.

“Our new concept focuses on lifestyle and sports elements, and we want to let our consumers know about Fila’s Italian origins,” she said, adding that there are plans to revamp Fila’s existing stores to fit its new concept soon.

The 97-year-old brand has accompanied star athletes like Michael Schumacher, Boris Becker, Bjorn Borg, Monica Seles, Kim Clijsters and Svetlana Kuznetsova to the winners’ podium.

The boutique opening also showcased the launch of Fila’s Spring/ Summer 2009 collection, which comprised its Tennis, Fitness and Motorsports collection.

The Tennis and Motorsports collection includes matching accessories like caps, bags and wristbands.

Also featured were perennial favourites like classic polo shirts, graphic tees, and trendy footwear in a myriad of designs and colours.

“The design theme of this season’s products harks back to our Italian cultural roots in boldness and sexiness, but is given a contemporary touch,” said Tay.

“Besides product functionality and quality, we strive to bring out the unique style in these sporting activities.”

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Sporty style: Models decked out in the new collection.

Tay said Fila’s Tennis, Fitness and Motorsports collection each focused on key elements, like light and breathable materials for Tennis apparel, durability for the Motorsports range, and light, stretchable fabrics that are still able to maintain their shapes for Fitness.

The Fila boutique is located at LG308B, 1 Utama Shopping Centre.

To view Fila’s latest collection or locate the nearest Fila store, visit www.fila-malaysia.com.

rizalhakim

December 16th, 2008, 05:40 AM

Shopping complex opening

SHOPPERS can look forward to shopping for Chinese New Year next month at a new Sunshine Farlim in Penang.

The hypermarket will be moving to its new two-storey 16,723 sq m premises on Jan 10.

Suiwah Corporation Bhd managing director Datuk Hwang Thean Long said shoppers could expect a new lifestyle and shopping environment at its new mall that would feature departmental and retail outlets with value-for-money brands.

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An artist's impression of the new Sunshine Farlim supermarket.

“The response is very good and we have all the tenants we need to fill up the building.

“We are confident that we can main- tain our existing customers and maybe attract new ones too,” he said on Sunday at the official launching of Sunshine Square’s price reduction campaign in Ba-yan Baru.

The new RM20mil Sunshine Farlim complex is located near the old premises on Jalan Thean Teik.

Sunshine will be hiring 1,000 employees for the new complex.

Hwang said the old premises would be converted into a wet wholesale and retail market selling agricultural and aquacultural produce.

“The wet market is expected to open for business soon after the hypermarket moves out,” he said.

rizalhakim

December 16th, 2008, 08:10 AM

Rancang buka dua lagi pasar raya Jusco

AEON Co (M) Bhd (Aeon Co), pemilik rangkaian pasar raya Jusco, merancang membuka dua lagi pasar raya baru masing-masing satu di Melaka dan Lembah Klang tahun depan meskipun pertumbuhan ekonomi negara dijangka perlahan.

Syarikat itu ketika ini memiliki 26 cawangan Jusco di seluruh negara merangkumi 21 gedung beli-belah dan lima pasar raya MaxValu.

Pengerusi Aeon Co, Datuk Abdullah Mohd Yusof, berkata operasi syarikat dijangka menerima kesan berikutan tahap kuasa beli pengguna yang perlahan disebabkan faktor ekonomi semasa.

“Operasi kami mungkin terjejas tetapi mungkin kesan yang minima kerana produk atau barangan yang dijual di pasar raya Jusco bukannya semua barangan mewah tetapi mampu dimiliki,” katanya selepas majlis perasmian pusat beli-belah Aeon Seberang Prai City di Bandar Perda, Bukit Mertajam, Pulau Pinang, Sabtu lalu.

Cawangan pusat beli-belah Aeon ke-19 itu dirasmikan Yang di Pertua Negeri Pulau Pinang, Tun Abdul Rahman Abbas. Hadir sama, isteri beliau, Toh Puan Majimor Sharif dan Pengarah Urusan Aeon Co, Nagahisa Oyama.

rizalhakim

December 17th, 2008, 04:10 AM

Toys 'R' Us Asia scales down plans
Published: 2008/12/17

HONG KONG: Toys "R" Us Asia Ltd, a unit of Hong Kong-based Li & Fung Group, scaled back expansion plans for 2009 and has given up entering new markets because it expects demand for its products to drop further amid a global recession.

It plans to cut new-store openings to seven from as many as 30 and will shut six underperforming outlets, Toys "R" Us Asia CEO Pieter Schats said in an interview yesterday.

Same-store sales dropped by as much as eight per cent on year so far in December, its peak month.

Schats said sales at Toys "R" Us Asia's outlets in Hong Kong, Singapore and Kuala Lumpur have been "hit quite hard by the lack of tourism and business travel".
Bloomberg

rizalhakim

December 17th, 2008, 05:20 AM

AEON AU2

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rizalhakim

December 17th, 2008, 07:28 AM

Christmas delights at the malls
By TAN KARR WEI

Photos by SHAARI CHE MAT

AS Christmas draws nearer, more and more people are taking the opportunity to check out the festive decorations put up by the shopping malls.

Over at Jalan Bukit Bintang, The Sungei Wang Plaza has been transformed into a classic English garden with elaborate handcrafted iron gates at the entrance, complete with wrought iron fences and a replica of a traditional water fountain.

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Knick-knacks: Browse through the stalls set up at the concourse area of the Great Eastern Mall for Christmas gift ideas.

After passing through the gate, visitors would stroll along a walkway with iron archways and Christmas trees and red poinsettias lined along the side.

At the concourse level, a stage has been set up with Christmas trees lighted up behind iron arches and bell decorations hanging from the six-storey ceiling.

From now until Dec 25, children can meet the cartoon character B-Daman in person at the meet-and-greet session.

More information on the schedule of the shows can be obtained by contacting the Sungei Wang information counter at 03-2148 6109.

At the Berjaya Times Squre in Jalan Imbi, green garlands and twinkling lights deck the grand pillars at the main foyer while a 12m tree awaits visitors at the main entrance.

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Winter chill: Get a taste of a white Christmas with this snow covered trees at the Great Eastern Mall.

Many shoppers could be seen snapping pictures at the foot of the tree with Santa in his sledge and his reindeers mid-flight up the tree.

The concourse area housed kiosks with Christmas products and services.

Santa and Mrs Claus would meet shoppers in person at 1pm on Dec 20, 21, 24 and 25 and at 1pm and 6pm on Dec 19 to give away Christmas goodies.

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Star attraction: Visitors throng the main entrance of Berjaya Times Square to snap pictures of the majestic Christmas tree.

Parents who are still unsure of what to get their kids who have been good this year can listen to their wishes during the Tell Santa session at 4pm on Dec 21, 24 and 25 at the lower ground floor.

The Hartamas Shopping Centre has a more traditional Christmas setting, with a single tree decorated with ornaments lighting up the entrance to the mall.

Garlands of tinsel hanging on the balconies create a warm festive ambiance for shoppers.

There was an Enchanted Christmas Village on the Plaza Floor where a variety of fashion apparel, accessories and gifts are displayed for sale.

In Jalan Ampang, the Great Eastern Mall plays host to a candy house and the shopping area is decorated according to the theme of a candy town.

The highlight of events at the mall would be a machine that would create snow for children – and adults – to play with between performances from 1pm to 5pm on weekends (Dec 20-21 and Dec 27-28).

For more information about the performances which include carollers and puppet shows, contact the Great Eastern Mall customer service centre at 03-4259 8090.

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Plenty of choice: There are a lot of Christmas decorations to choose from at Berjaya Times Square.

Fresh poinsettias line the side of the escalators and along the balconies while real fir trees decorated with white bows and blue lights are placed around the Starhill Gallery in Jalan Bukit Bintang.

“The fir trees would be replanted in Sentul Park and Cameron Highlands when we take down the Christmas decoration,” said Starhill Gallery events consultant Leslie Ong.

The mall was also adorned with long red curtains hanging from the balconies to resemble the Royal Albert Hall in London with carollers performing daily at 8pm and 9pm until Dec 25.

There is about a week more to Christmas so there is still chance to grab your cameras and bring along your family to view the creative efforts put up by the various shopping malls in town.

rizalhakim

December 18th, 2008, 08:00 AM

SOGO

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rizalhakim

December 18th, 2008, 08:01 AM

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rizalhakim

December 18th, 2008, 08:02 AM

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rizalhakim

December 18th, 2008, 09:53 AM

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http://www.mo-outlet.com

baqthier

December 18th, 2008, 07:01 PM

ALAH! I want!! :cry:

rizalhakim

December 19th, 2008, 06:47 AM

Aeon Jusco Bukit Indah JB now opend..

rizalhakim

December 19th, 2008, 09:46 AM

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jusco bukit indah..
somesay slightly bigger than tebrau jusco a little bit...

cool dats nice!!

Huganuga

December 21st, 2008, 06:37 AM

Parkson Pavilion

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Isetan The Gardens

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Isetan Suria KLCC

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if anyone has info about department stores in Malaysia, please share with us.........:)

nazrey

December 22nd, 2008, 01:42 AM

Still in foreign investors' shopping list
By Vasantha Ganesan
Published: 2008/12/2

Regroup Associates says it continues to get enquiries to buy Malaysian shopping malls and has at least three foreign funds who are keen on retail centres in Malaysia

MALAYSIA'S shopping malls continue to be on the radar of foreign investors despite a global economic slowdown.

This is due to the fact that the Malaysian retail industry is mature, coupled with the likelihood of obtaining bargains during a slowdown, property consultants said.

"Retail centres are very good long-term investments. They provide the extra in terms of dynamism, the mall can be repositioned and (space) rejigged," Regroup Associates managing director Allan Soo said.

"Despite the onset of a worldwide recession and the pressure on funding, interest in retail centres is increasing," Soo told Business Times in an interview.

"We (Regroup) continue to get enquiries (to buy). We have at least three foreign funds who are keen on retail centres in Malaysia," he said, adding that funds start from RM100 million up to those with an unlimited budget.

Soo explained that during a recession, there are more sellers and less buyers.

"Therefore yield goes up as price comes down. Instead of the usual five per cent to seven per cent yield that one hopes to get from a purchase, buyers are now hoping for a nine per cent yield," he said.

Yield measures the return for a buyer. In this instance, it is income from the property relative to the value of the asset.

However, as fund raising becomes more difficult during an economic slowdown, some investors hold back their investment as they expect prices to come down further.
"Some funds are reviewing their strategy ... they are looking for the right time to purchase," he said.

He said that in 1998, foreign investors continued to be interested in Malaysia. There were "vulture funds" coming in to buy malls at huge bargains.

Real estate consultant Savills Rahim & Co's managing director Robert Ang feels that while interest in our malls will continue, Malaysia will face competition from other markets, especially those where prices have declined drastically.

"Yes, interest from foreign companies and foreign funds in our malls will continue ... (but) there are many other opportunities elsewhere in other countries too," Ang said.

He pointed out that at this point there are no "juicy malls" in prime locations available.

However, Soo contends that there is a lack of properties for sale in Southeast Asia, which means that Malaysia will remain attractive.

"In this region, there is not that much availability coming up. What is there available in Hong Kong and Singapore?" he asked.

"Compared to India and China, though these markets are growing, they are not as matured. Malaysia has three decades of retail development," Soo said.

But is it good to sell most of our retail centres to foreigners?

According to Soo, it creates value for the asset as it brings in foreign investment.

"These investors cannot take away the asset. They may resell to a Malaysian or to another foreigner, but they can't take the property away," he pointed out.

Ang agreed, saying that there are still developer-managed malls which are poorly run. "When funds come in, they offer a different kind of expertise which keeps the level of management high," he said.

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rizalhakim

December 22nd, 2008, 04:59 AM

Supply of shopping centre space to slow
By Vasantha GanesanPublished: 2008/12/22

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THE supply of shopping centre space in the Klang Valley is expected to slow over the next three years as developers put projects on hold as it is now tougher to raise funds.

At the same time, some developers have stalled projects as a knee-jerk reaction due to fears of the slowing global economy while others are waiting for raw material prices to fall.

Regroup Associates has projected that in Klang Valley there may be only 1.47 million sq ft of net lettable area in 2009, down by 400,000 sq ft projected in the first half of the year.

In 2010, only half, or 2.16 million sq ft of net lettable area, will be ready as opposed to 2.63 million sq ft which was supposed to come on stream in 2010.

However, opportunities are still available even during an economic downturn, said Regroup Associates managing director Allan Soo.

"Developers should view things objectively and look for opportunities.

"Those who do so will see actual opportunities during a recession as retail demand can be created," Soo told Business Times.

According to Soo, there are still unserved communities and opportunities to create something new. He cited Cheras as an example where more malls can be developed and where funds are likely to come and buy these properties in the future.

Moreover, during difficult times, there is less competition in the markets and costs of construction are also lower.

One could do something that caters to trends of the future, Soo added.

"Consumers go for experience and a good time. This is called experiential retail. If developers continue to build yesterday's mall, it is bound to fail," he said.

Soo also pointed out that successful malls are not necessarily Grade A shopping malls.

"Success which is measured by traffic, rents and profits are even made by hypermarkets," he pointed out.

rizalhakim

December 22nd, 2008, 05:05 AM

dis shud be under Shopping Till U Drop - Malaysian Shopping Malls

http://www.skyscrapercity.com/showthread.php?p=29713074#post29713074

rizalhakim

December 22nd, 2008, 07:05 AM

Metrojaya@Brem Mall, Kepong opend

rizalhakim

December 22nd, 2008, 08:41 AM

New homeware heaven in Penang

LAURA Ashley Home Furnishings — the United Kingdom-based line of household furniture and home furnishings — opened its first outlet in Gurney Plaza, Penang, last month.

The outlet offers home items like beds, bed linen, cushions, throws, lamps, mirrors, rugs, sofas, chairs and wallpaper, Metrojaya Department Stores deputy general manager (advertising and promotions) Alice Tan said.

“Laura Ashley Malaysia has outlets in One Utama, Mid Valley Me-gamall and Danga City Mall. This outlet is our first in the northern region.

“We have three main room set displays namely Period Drama which features classic styles that are constantly updated with vivid colours and striking patterns, Connemara which displays warm tones with Celtic elements, and Blossom which features a soft, harmonious setting with Japanese influences,” she said.

She added that Living Quarters, the country’s first home specia-list store, also opened at Gurney Plaza recently.

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Furniture and accessories on display at the new store.

Both were opened by the Metro-jaya Group.

“Living Quarters offers tableware, kitchen ware, bedding and furnishings that are contemporary, stylish and affordable.

“Branded items like Simply Natural, Tefal, Zebra and Maxim are arranged according to concepts and are segmented to reflect an actual setting.

“This is to make it easier for shoppers to imagine how the items would fit into their homes,” she said, adding that Living Quarters stand alone stores are also located in One Utama, The Curve and Sunway Pyramid.

Tan noted that the Metrojaya Group invested in about RM4mil in both the new Laura Ashley and Living Quarters outlets.

“So far, response has been very encouraging. Everything you will find at our Kuala Lumpur outlets, you will definitely find here,” she said.

To spread the festive cheer, se-lected Laura Ashley gift items will be offered at 20% discount while discounts of between 20% to 70% are available at Living Quarters.

Both Laura Ashley and Living Quarters stores are at Level 3.

rizalhakim

December 22nd, 2008, 08:44 AM

Mega sales launched in East Coast mall

KUANTAN: With Christmas around the corner, the annual Malaysia Savings Sales, previously known as Mega Sales, was very much welcomed when it was launched at the East Coast Mall here.

The sales promotion, naturally encouraged people to ‘shop till they drop’.

Semambu assemblyman Pang Tsu Ming launched the promotion as Culture, Arts, Tourism and Heritage Committee chairman Datuk Shafik Fauzan Sharif was unable to attend.

Let’s shop: Pang (second from right) launching mega sales.

In celebrating the launch, several models took to the stage parading branded items from participating outlets that were up for sale during the carnival.

Pang in reading Shafik Fauzan’s speech said with the increase in the number of tourists to Malaysia, it was hoped that Malaysians would exhibit respect for each other in welcoming visitors to our shores.

Pang in jest encouraged the shoppers to enjoy shopping but not to go overboard and to remember that they would have to fork out for their children’s school fees in January.

Following the launch, Pang handed out promotion banners to all the shopping complexes in Kuantan.

Pang who was accompanied by Pahang Tourism Action Council general manager Idros Yahya later visited several tenants.

The sales carnival is until the end of January 2009.

rizalhakim

December 23rd, 2008, 06:12 AM

Lost in Wonderland
Sheila Sri Priya

http://www.nst.com.my/Streets/Tuesday/Stories/2434436/insidepix1
Parts of 1-Utama Shopping Centre have been transformed into scenes from the classic ‘Alice in Wonderland.’

PETALING JAYA: Seven locations in 1-Utama Shopping Centre were transformed into Lewis Caroll's Wonderland.

Among the scenes and props to be culled from the classic Alice In Wonderland are giant teacups with mechanical bees on the ground floor. Colourful characters from the story like Tweedledee, the Mad Hatter, Christmas Hare, Snow Queen and others will also make appearances at the mall.

Shoppers can pick up 1-Utama's Christmas scrapbook, The Magical Christmas Story, free with any purchase in the shopping complex.

Photograph the beautiful spots in the mall and stick the photos in the scrapbook. Upon completing the scrapbook, the shopper can redeem a Christmas towel. For each completed scrapbook, the shopper will also receive one free printing of a 3R photo at Fotokem.

Custom-designed Christmas stickers and gift tags are distributed free to shoppers to discourage the use of wrapping paper in support of environmental preservation.

At the concourse, a 20-ft tall Christmas tree greets shoppers and Christmas carols, ballet dances, jazz performance and other performance are also lined up.

1-Utama is working with its Christmas charity partner, the United Nations Children's Fund. A booth is set up on the ground floor to collect donations and recruit monthly pledge donors.

2206

December 24th, 2008, 11:27 AM

Merry Christmas

Pavillion
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Starhill
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BT Square
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SW Plaza
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BB Plaza
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The Garden
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Mid Valley
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Sunway Pyramid
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rizalhakim

December 30th, 2008, 05:20 AM

Shoppers starting to tighten belts
By NURBAITI HAMDAN and YUEN MEIKENG

PETALING JAYA: Malls may appear crowded as the New Year approaches, but the visitors could be window shopping more than anything else.

Shoppers are bracing for tough times in 2009 by cutting back on their expenses. Many look for good bargains to stretch their ringgit.

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Thrifty family: Lim and his daughter Eunice choosing a new pair of school shoes for the new academic year. Eunice will be using her old uniform to help save money.

Checks by The Star yesterday confirmed this trend.

Housewife Fajakirah Mohd Akil, for instance, said her family now spent RM500 less on groceries and household items from RM2,000 monthly.

“Instead of buying a toy for each of my five kids, I just buy one and ask them to share it,” said the 37-year-old.

Oh Eng Seng, 41, who was lining up to buy movie tickets, said his family was cutting back on clothes and spent less on expensive food.

“But we still go to the cinema about once a month. It is a small luxury we can still afford,” said Oh, who works in the financial sector.

For Lennie Chen, 40, yesterday was his last shopping spree before the recession hits.

“Next year, I’ll lock my family in the house and throw the keys away and survive on porridge!” he said in jest.

The aircraft engineer, who just came back from a trip to the United States, said he was worried with what he witnessed in that country.

“I saw people on Wall Street carrying boxes. That only means that they were retrenched,” he said.

Chen felt that Malaysia’s economy would also be affected no matter how resilient the Government said it was.

“Even after the petrol price came down, prices of goods never did. If the Government is serious, then they should bring down the electricity tariff,” he said.

To cut costs, Chen and his wife asked around for used textbooks for his three children.

“Textbooks can be expensive and we make use of free vouchers that we did not care for previously,” he added.

Retired Telekom Malaysia employee Lim Geok Kuan, 53, who was buying school shoes for his 10-year-old daughter said his family saved money by keeping items that were still usable.

“My daughter still wears her old school uniform because it is not torn and still presentable,” said the father of three.

Lim added that his family now goes out for meals once a week compared to three times before the economic crisis.

Law student Asfarina Kartika Shakri, 22, from Sarawak, fears for her future. She wonders if she could get a job when she graduates next year.

“People would be losing their jobs and I would be a fresh graduate trying to look for one,” she lamented.

Asfarina said she needed to change her spending habits to cope with the recession.

Among these shoppers, there are still those who believe that there should be no real cause for worry.

One of them, teacher K. Shantini, 46,

did not believe that Malaysia would be affec-

ted drastically by the global economic

crisis.

“In fact, it is cheaper to shop here than in Britain or Japan,” she said.

rizalhakim

December 30th, 2008, 06:38 AM

Rail service between mall and Singapore
Ahmad Fairuz Othman
KERETAPI Tanah Melayu Berhad will launch a rail shuttle service from Danga City Mall (DCM), Johor Baru, to Singapore beginning Jan 5.

http://www.nst.com.my/JohorBuzz/Monday/Stories/2437775/insidepix1?display=small
FAST, EASY AND CONVENIENT: The train schedule for travel between Singapore and Kempas Baru, via Danga City Mall.

The mall in Jalan Tun Razak is the first shopping complex in the south to have its own train platform.

There will be eight services to and from Tanjung Pagar train station in Singapore each day.

The promotional fare is S$3 from Singapore and RM3 from Johor Baru.

On average, there will be four coaches per train with a capacity for up to 200.

Johor Tourism Action Council general manager A. Jabar Md Tahir said a one-way trip would take about 11/2 hours.

"The journey includes Customs and Immigration clearance. It's convenient, fast and easy," he said.

The earliest train from Singapore is Ekspres Lambaian Timur, which departs from Tanjung Pagar at 5.35am and is estimated to arrive at Danga City Mall at 6.20am. The second train, Ekspres Rakyat will depart at 7.40am and arrive at 8.34am.

In the afternoon, Ekspres Sinaran Petang will depart at 2pm and arrive at 2.52pm. The final train, Ekspres Kembara, departs at 7.10pm and arrives at 8.06pm.

Meanwhile, the first train from the DCM departs at 9.37am and is estimated to arrive at Tanjung Pagar at 11am. The Ekpres Sinaran Pagi at 2.19pm is next and is expected to arrive in Singapore at 4.10pm.

The Ekspres Lambaian Timur departs at 6.50pm and arrives at 9pm, while the last train, Ekspres Rakyat departs at 8.08pm and arrives at 9.35pm.

The DCM management is also providing a free bus service for city tours from the mall.

Jabar said the train services would complement other transport services between Johor Baru and Singapore.

Despite a slowdown in the economy, Singaporeans continue to be the top money spenders in Malaysia.

Statistics from the 2008 Malaysia Mega Sale carnival showed that Singaporeans spent RM62.8 million in credit card transactions, followed by Indonesians (RM41.6 million)

An estimated 10.5 million Singaporeans visited Malaysia last year.

rizalhakim

December 30th, 2008, 08:10 AM

Kluang Mall mula beroperasi

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KOMPLEKS Kluang Mall di Jalan Rambutan Kluang mula dibuka kepada orang ramai, semalam.

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KLUANG 24 Dis. - Pusat membeli-belah dan riadah terbesar, Kluang Mall yang terletak di Jalan Rambutan di sini, mula dibuka kepada orang ramai hari ini.

Pengarah Urusan Syarikat Tenaga Nusantara, Tey Ah Kau berkata, pembukaan kompleks bernilai RM100 juta itu bersempena pelancaran Pacific Hypermarket dan beberapa ruang perniagaan lain di bangunan tersebut.

Menurutnya, selain pasar raya, bangunan empat tingkat itu turut mengandungi 160 ruang niaga, 1,200 petak meletak kereta, bazar dan pusat raidah.

''Sebuah pawagam dan bistro juga dibuka di kompleks ini," katanya selepas pembukaan Kluang Mall tersebut, hari ini.

Ah Kau berkata, kira-kira 75 peratus daripada ruang di kompleks itu telah disewa, manakala bakinya dijangka dipenuhi tahun depan.

Beliau berkata, pembukaan Kluang Mall telah membantu kerajaan dalam menyediakan 1,700 peluang pekerjaan kepada penduduk tempatan termasuk bekas pekerja kilang.

Menurutnya, perniagaan di kompleks itu berkonsepkan 'membeli-belah untuk keluarga' dan sasarannya ialah golongan berpendapatan sederhana dan tinggi.

''Jika sebelum ini mereka berbelanja di Johor Bahru dan Batu Pahat, maka kini mereka boleh membeli-belah di Kluang Mall," katanya.

Sementara itu, Pengarah Eksekutif Pacific Hypermarket & Departmental Store Sdn. Bhd., Charlie Tan berkata, pembukaan Pacific Hypermarket di Kluang Mall merupakan cawangannya yang ke-12 di Johor.

Menurutnya, pihaknya memperuntukkan lebih RM5 juta untuk membuka cawangan yang turut menyediakan 500 pekerjaan kepada penduduk tempatan.

''Kami yakin pasar raya ini akan menerima sambutan menggalakkan kerana kedudukannya yang strategik," katanya.

Beliau berkata, seperti beberapa cawangan lain, pihaknya bukan sahaja menyediakan keperluan harian seperti ikan, sayur dan buah-buahan tetapi turut menempatkan bahagian pakaian, kosmetik, peralatan sekolah dan sukan di pasar raya itu.

rizalhakim

December 30th, 2008, 09:05 AM

Megamall scores again

Mid Valley Megamall won the grand prize in the Best Decorated Mall contest for Christmas 2008 for the second consecutive year.

The contest, themed Evergreen Christmas, was organised by Tourism Malaysia and Shopping Malaysia Secretariat with co-organiser Persatuan Pengurusan Kompleks Malaysia in conjunction with the Malaysia Savings Sale 2008.

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Carnival air: The Christmas Carnival-themed decoration at the Centre Court of Mid Valley Megamall.

Mid Valley Megamall received RM5,000, a trophy and a certificate presented by Tourism Ministry deputy secretary-general Datuk Abdul Ghaffar Tambi in a prize presentation ceremony.

“We have created a Christmas Carnival for the young and young- at-heart.

“To help shoppers immerse themselves in the fun-filled carnival atmosphere, we distributed a free Christmas storybook titled Twas the Night before Christmas which tells of the story of two children’s adventure at the mall’s Christmas Carnival,” Mid Valley Megamall director of design Ko Chai Huat said.

Among the events and activities held in line with the carnival theme were touring jesters, clowns, stilt walkers and circus dance shows.

Shoppers were rewarded with carnival-designed mug and limited-edition notebook. They could also have their gifts wrapped for free with colourful carnival-themed wrappers and gift cards.

“This year, the carnival theme allowed us to recycle over 60% of the ornaments and Christmas trees from past promotions,” Ko said.

The Christmas decorations will be up until Jan 1, 2009.

rizalhakim

December 30th, 2008, 09:31 AM

Tribute to Louis Vuitton
By KEE HUA CHEE

LOUIS Vuitton Malaysia general manager Kathy Lam recently hosted an exclusive party at the eponymous LV Starhill, elegant in black and her signature LV glasses.

The guests were welcomed by carollers from the Dithyrambic singers. Despite the unpronounceable name, the choir was excellent and filled the store with yule joy. Mind you, “dithyrambic” means impassioned, enthusiastic choric hymn and dance from ancient Greece in honour of Dionysus though the carollers did not prance around.

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Three’s not a crowd: Simon Tuan, Irene Thong and Andrew Thong.

Recession was nowhere in sight as Moet & Chandon flowed non-stop while guests perused the new collections and most trotted home with new acquisitions. All paid tribute to the star of the season, the RM224,000 Tribute Patchwork Bag, but only Princess Becky Leogardo was seen contemplating it. But hubby Micheal Mantz forbade the purchase, doubtless to designer Marc Jacob’s annoyance.

The sensational Tribute bag is the ultimate bag, artfully stitched together from the handles and body parts of 15 other limited edition bags, including the RM13,000 Suhali ‘Fabuleux’ and RM11,000 ‘Riveting’. You can organise games with friends, asking them to name all the 15 bags from previous collections. In London, this Tribute Patchwork was trumpeted as costing £3,000 more than a Mercedes-Benz C180 Coupe SE! Here, it’s the price of an apartment. It’s obviously for A-listers and women who use a jetplane to go to their bathroom.

Only 24 were made. Beyonce bought the first and the one at Starhill is said to be the last.

After signing on your platinum, the Tribute is not, heaven forbid, dumped inside a box and paper bag. Each comes with its own transparent Perspex trunk embossed with gold LV monogram motifs, replete with leather handles and specially moulded interiors made just to fit the Tribute and no other. Even the Tribute’s gold chain strap has its own compartment! What a stocking filler, though you will need a sock belonging to Goliath to fit in Tribute.

There, now you can carry 15 Louis Vuittons limited edition bags all at once!

rizalhakim

December 31st, 2008, 05:04 AM

Malls to go all out to usher in 2009
By OH ING YEEN and PRIYA MENON

DESPITE a looming economic slump, shopping malls and popular entertainment haunts in the Kuala Lumpur city centre and around Petaling Jaya are going full swing with organising parties to usher in the New Year.

StarMetro contacted several such organisers and learned that they have prepared in advance for the New Year’s Eve celebrations and that the impending gloomy downturn will have little effect on their planned programme.

Sungei Wang Plaza

Kuala Lumpur’s Sungei Wang Plaza had over the last five years hosted the New Year countdown celebrations for more than 100,000 revellers.

And nothing is going to slow down tonight’s New Year’s Eve celebration at the popular shopping centre.

The Sungei Wang Plaza will continue the tradition by hosting another massive Street Party Count*down 2009 celebration together with the MY FM and the Kuala Lumpur Chinese Assembly Hall.

Sungei Wang Plaza public relations manager K.K. Lim told StarMetro that the celebration will begin at 6.30pm in front of the shopping mall with drum percussion, followed by a fire stunt show, an exhilarating concert and exciting fireworks display at the stroke of midnight.

“We are spending about RM500,000 for this year’s celebration, which is about similar to the amount spent in each of the previous years. We had planned earlier for the event and set aside the funds,” Lim said.

“The theme colour this year is gold, hence the performers will dress in gold, and we encourage the people to come dressed in gold too,” he said.

The Cantonese name of Sungei Wang Plaza is “Kam Hor”, meaning “River of Gold”. So, the colour theme of gold is of great significance to the shopping mall.

KLCC Park

A Petronas spokesman said that there would be no concert at the KLCC Park this year, but the public could enjoy a dazzling display of fireworks and a fantastic synchronisation of lights, water and music at the musical fountain.

He said the fireworks display would begin at the stroke of midnight.

KL Tower

The KL Tower, however, is offering revellers a view of the city skyline through a special promotion at its revolving restaurant. City folk who have booked tables can watch the fireworks from there.

Dataran Merdeka

KL mayor Datuk Ahmad Fuad Ismail, meanwhile, said that the New Year’s Eve celebrations would not be affected although the city budget had been slashed down as the Ambang 2009 Kuala Lumpur at the Dataran Merdeka was financed by a corporate sponsor.

“The bulk of the celebration cost of RM1mil is being sponsored by Ambank. The DBKL is only offering its facilities and personnel to help in the organising of the event,” he said.

According to Fuad, the DBKL will also provide performers for the cultural dances.

“I have gone through the night’s programme and it looks fine to me, so we are going ahead as planned,” he said.

Fuad said that if there were people or companies willing to help support and sponsor events such as the Ambang 2009, the DBKL welcomed them.

According to Fuad, other celebrations in the city during the new year will also be budget savvy.

Fuad said that every aspect of each event would be looked into to ensure that the money was being spent wisely.

Meanwhile, an official of the Petaling Jaya City Council (MBPJ) has confirmed that there will be no official New Year celebration at any of its public facilities.

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At work: Workers busy preparing for the 2009 New Year Countdown Carnival at Central Park Avenue, 1 Utama.

However, the city’s shopping malls and commercial complexes have planned elaborate programmes to usher in the New Year tonight.

1 Utama

The 1 Utama shopping centre in Bandar Utama will be hosting a countdown celebration at its premises.

According to its public relations executive Joey Choong, the fun goes on as usual as the shopping centre’s celebration budget has not been slashed despite the impending gloom.

Choong said that the shopping centre had more performances this time, compared to the previous year.

“As a shopping centre, the company is known for being a trend setter, with its creative events. Life must go on. The economic downturn does not mean that we have to scale down. Plus it is a celebration to mark the coming of a new year,” she said.

The additional performances she was referring to is the countdown carnival, inspired by Brazil’s Rio de Janeiro celebration, which includes samba dancers, capoiera martial art trainers and professional fire eaters.

The Curve

The Curve at Mutiara Damansara is also throwing a New Year’s Eve party for its customers.

Live performances by local artistes, dancers and a guest DJs are among the line-up at the party. There will also be a fireworks display at the shopping centre.

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All set: Sunway Lagoon staff preparing the fireworks for Sunway Lagoon’s New Year’s Eve Countdown Party 2009.

Sunway Lagoon

At the Sunway Lagoon, the celebrations are expected to go full swing as in previous years, with lots of fun and plenty of food. There will be music, songs and dances.

Subang Parade

At the Subang Parade, there will be daytime performances today. It will be a quiet celebration tonight.

Its marketing executive Izwan Abdullah said the mall was focusing more on celebrating the Chinese New Year at the end of January.

Genting Highlands

For those who want to usher in the New Year away from the Klang Valley, the New Year’s Eve celebration at Genting Highlands is one of the options.

Two locations at Genting have been set for colourful fireworks display — the London Square at the outdoor theme park and the open car park area in front of Maxims Genting Hotel.

Although most business operators are celebrating the New Year Eve in a big way, a few shopping malls in the outlying areas of the Klang Valley are keeping a low profile this time.

Mines Shopping Fair

Mines Shopping Fair marketing executive Koay Poay Shin said there won’t be any party to usher in 2009.

She said that the mall was concentrating and consolidating its effort to promote its Chinese New Year celebration programme.

rizalhakim

December 31st, 2008, 07:16 AM

Kluang Mall

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http://ayerhitam.com/

2206

December 31st, 2008, 08:15 AM

Christmas Deco@1Borneo
by Whispering Thunder

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nazrey

January 3rd, 2009, 05:47 AM

AEON in fierce push to expand operations
Published: 2009/01/03

http://www.btimes.com.my/articles/AEON2/pix_bottom

AEON Co (M) Bhd (6599), operator of Jusco stores, looks poised to step up purchase of land in its efforts to expand, OSK Research said.

Last month, the Japanese-owned group said it was buying land of 304,920 sq ft in Cheras, Kuala Lumpur, for RM24.4 million to build a shopping centre.

"Although it already operates two stores in Cheras, there is low risk of cannibalisation given the high population density of the township of approximately 200,000 people and the wide addressable retail market," analyst Eing Kar Mei said in a report.

AEON is targeting to open 10 additional stores over the next two years, Eing added.

Although the economy would probably grow 3.5 per cent this year, its slowest since 2001, retailers like AEON are expected to benefit as consumers look for relatively cheaper products.
OSK Research also considers the purchase price of RM41.9 per sq ft to be reasonable, supported by the strong population demographics of the Cheras township, comprehensive infrastructure and ready access to major highways.

"Financing will not be an issue with AEON's strong cash position of RM142.8 million," said Eing.

AEON reported that its third quarter net profit almost doubled to RM31.2 million, driven by better sales.

It posted revenue of RM922.3 million in the period to September 30 2008, a 27 per cent jump from the same period a year ago.

Its nine-month net profit stood at RM75.8 million on revenue of RM2.5 billion.

OSK Research is maintaining its net profit forecast of RM106.6 million for 2009 and RM120.2 million for 2010.

"We are not making changes to our forecast at this juncture. We value AEON at RM4.70," Eing said.

The stock closed two sen, or 0.48 per cent, down at RM4.18 yesterday.

rizalhakim

January 5th, 2009, 07:16 AM

The Mall bakal dilelong

Oleh MAZLINA ABDUL MAJID
mazlina@kosmo.com.my

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KOMPLEKS The Mall akan dilelong pada 20 Januari ini.

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KUALA LUMPUR - The Mall yang merupakan perintis dan antara kompleks beli-belah moden terawal di sini bakal dilelong kepada orang ramai di Mahkamah Tinggi Jalan Duta di sini pada 20 Januari ini.

Dalam pengisytiharan jualan yang diiklankan di sebuah akhbar berbahasa Inggeris pada 2 Januari lalu, deskripsi lelongan merangkumi harta di podium kompleks beli-belah yang dikenali sebagai The Mall, menara pejabat yang dikenali sebagai Putra Place (bermula dari tingkat 10 hingga 33) dan hotel (tingkat 11 hingga 21).

Ia juga melibatkan servis apartmen (tingkat 22 hingga 34), pangsapuri yang dikenali sebagai The Legend (34 hingga 35) serta 1,323 tempat meletak kereta di tingkat bawah tanah 1 dan 2 serta tingkat lima hingga lapan.

Dalam pernyataan pengisytiharan itu, Commerce International Merchant Bankers Bhd. disebut sebagai plaintif sementara Metroplex Holdings Sdn. Bhd. bertindak sebagai defendan.

http://www.kosmo.com.my/kosmo/pix/2009/0105/Kosmo/Negara/ne_11.2.jpg
NOTIS lelongan kompleks The Mall.

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Metroplex ialah pemilik berdaftar dan bertindak menguruskan sepenuhnya bangunan tersebut yang terletak di Putra Place, 100 Jalan Putra di sini.

Meskipun The Mall 'hilang taring' setelah kewujudan kompleks beli-belah KLCC, Mid Valley Mega Mall, Sunway Pyramid dan Pavilion, ia tetap dikunjungi apatah lagi lokasinya yang strategik berdekatan dua hotel terkemuka, Hotel Pan Pacific dan Hotel The Legend.

rizalhakim

January 5th, 2009, 07:43 AM

Dolce & Gabbana(not the cheaper D&G) and Balenciaga recently opend their luxury boutique at Vietnam and we in Malaysia stil waitin 4 them...so werid!!

rizalhakim

January 6th, 2009, 10:24 AM

wat hapnd 2 USJ19??

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http://www.usj19.com.my/

shud open mid 2008..

http://farm3.static.flickr.com/2105/1800675405_cda8eb4668_b.jpg

In 2008, retail will have a new face and number

Mark your calendar for the opening of the most exciting mall in USJ, Subang Jaya next year. USJ19 will bring hip fashion, cosy dining, blockbusting entertainment and cool recreation to the neighbourhood.

USJ19 is a mixed development of retail and residential sections with 2500 parking bays, a 3 storey retail section comprising of boutiques, restaurants, entertainment zones and many more. There is also a boulevard dedicated to entertainment, nightlife and dining.

Above the retail section are three 33-storey condominiumn towers and one 22-storey condominium block comprising over 1,100 residential units.

This development conceptualized with trendsetting post modern designs and space-age facade comes together to create this unique shopping haven.

USJ19 FACT SHEET

Targeted Date : Mid 2008

Total Gross Built Up Area : 360,000 sq ft

Total Net Lettable Retail Area : 250,000 sq ft

Total Number of Retail Floors : 3

Total Number of Retail Lots : 180 Lots

Total Number of Carparks : 2500 parking Bays

rizalhakim

January 6th, 2009, 10:39 AM

Seremban Parade
http://www.molon.de/galleries/Malaysia/WestCoast/NegeriSembilan/Seremban/images01/02%20Seremban%20Parade%20shopping%20complex.jpg

2206

January 7th, 2009, 04:03 AM

by jfpower

http://farm4.static.flickr.com/3083/3172901059_85cc1fb9cd_b.jpg

by bubbleling

It's Snowing @ 1 Borneo :)

http://farm2.static.flickr.com/1019/3169327651_04937e5827_b.jpg

rizalhakim

January 7th, 2009, 04:05 AM

AEON to open two Jusco stores
Published: 2009/01/07

AEON Co (M) Bhd, which operates the Jusco department store chain, expects to open two retail stores this year.

Its general manager of the corporate affairs division, A. Rashid Adam, said one of the new stores will be located in Malacca and the other in Cheras in the Klang Valley.

There are now 26 Jusco stores, all located on the west coast of Peninsular Malaysia.

“We will continue with our strategy of capturing strong market share in the retail industry through our J-Card loyalty programme which provides discount price privileges and gift redemptions,” Rashid said during a prize-giving ceremony for outstanding employees at the Setiawangsa Jusco store yesterday.

Consumers are expected to be cautious in spending this year but Jusco is confident of generating strong sales through attractive sales promotions and its J-card loyalty campaign, he said.

Stating that 2009 will be a challenging year for retail operators due to the economic conditions, Rashid said the company remains confident of at least maintaining last year’s sales with its strong branding.

“Due to the economic downturn, spending especially on electrical products and apparels has slowed down. However, the spending on food items has remained relatively unchanged,” he said. - Bernama

...erks...another aeon jusco in ceras???.....

rizalhakim

January 7th, 2009, 04:06 AM

'Marks & Spencer to cut 1,000 jobs'
Published: 2009/01/07

LONDON: British retailer Marks & Spencer is set to axe more than 1,000 jobs, The Times reported yesterday, bringing further gloom to the British high street as it struggles under the weight of the downturn.

The newspaper said M&S, which is seen as a barometer of British consumer sentiment, would announce plans to cut nearly 1,000 shop floor jobs and several hundred more posts in head office and support sectors today.

The retailer refused to comment on the newspaper report. - AFP

rizalhakim

January 7th, 2009, 04:31 AM

Aeon’s strategy to face slowdown
By SHANNEN WONG

KUALA LUMPUR: Aeon Co (M) Bhd wants to enhance its healthcare and beauty offerings as well as its in-house brands this year, says senior general manager of general merchandising stores Mitsuru Nakata.

“We have integrated wellness pharmacies into our new stores with a wide assortment of healthcare products to meet customer demand,” he told StarBiz after a prize-giving ceremony for outstanding employees yesterday.

Nakata said the group would also focus on its in-house brands such as Scarlet, Suave and Sam as well as its Jusco Selection brands, which were available in its Jusco chain of supermarkets.

“Although minimal impact was felt in the last three months, we expect business to be tough in the coming months as customers become more cautious in their spending amid the weak sentiments,” he said.

However, there were no immediate plans to reduce prices lower than what the market was offering, said Nakata, adding that Jusco had done so earlier when oil prices dropped. “We expect prices to be very competitive as the retail sector becomes more challenging,” he said.

Nakata expects sales in supermarkets to decline sharper than retail sales.

Sales for items such as furniture and heavy electrical appliances were expected to fall too.

To lift sales in its stores, Nakata said the group would be aggressive in its promotion, introduce new merchandise and more categories, including an organic section in its stores, as well as preserve the quality of its goods and products.

Meanwhile, the group would continue to expand its retail chain and hoped this year to achieve the same sales growth as last year, he said.

Aeon operates 21 Jusco and five MaxValu outlets in the country.

It posted a net profit of RM75.8mil on revenue of RM2.5bil for the nine months ended Sept 30 compared with RM58.5mil and RM2.05bil respectively in the previous corresponding period.

rizalhakim

January 7th, 2009, 06:06 AM

AEON mahu buka dua gedung baru

AEON Co (M) Bhd, yang mengendalikan rangkaian gedung serbaneka Jusco, berhasrat membuka dua lagi gedung baru tahun ini.

Pengurus besar bahagian hal ehwal korporatnya, A Rashid Adam, berkata gedung baru itu terletak di Melaka dan satu lagi di Cheras di Lembah Klang.

Ketika masa ini terdapat 26 gedung Jusco, semuanya di pantai barat Semenanjung Malaysia.

“Kami akan meneruskan strategi kami untuk menguasai bahagian pasaran yang kukuh dalam industri runcit melalui program kad kesetiaan, J-Card yang menyediakan keistimewaan diskaun harga dan penebusan hadiah,” katanya ketika majlis penyampaian hadiah untuk pekerja cemerlang di gedung Jusco Setiawangsa, Kuala Lumpur, semalam.

Beliau berkata, pengguna dijangka mengambil sikap berhati-hati berbelanja tahun ini tetapi Jusco berkeyakinan menjana jualan yang lebih kukuh melalui promosi jualan menarik serta kempen J-card.

Semasa menyatakan bahawa 2009 akan menjadi tahun mencabar kepada pengusaha perniagaan runcit disebabkan oleh keadaan ekonomi, Rashid berkata syarikat tetap yakin sekurang-kurangnya dapat mengekalkan jualan tahun lalu dengan penjenamaan kukuh.

“Berikutan kelembapan ekonomi, perbelanjaan terutama bagi produk elektrik dan pakaian berkurangan. Bagaimanapun, barangan makanan kekal tidak berubah,” katanya.

rizalhakim

January 8th, 2009, 08:18 AM

1st Office Mall In Wangsa Maju

http://www.crscproperty.com/New/parclogo.JPG

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1st Building Integrated Photovoltaic (BIPV) panel for Commercial Development in Malaysia
BIPV system convert the sun's rays into electrical power. It's a great way to stay eco-friendly.

1st Office Mall in Wangsa Maju
Between the 2 blocks of terraced shop-offices, a covered boulevard flanked by a mix of retail outlets offers an inviting break from the usual grind.

Excellent Work-Relax-Shop-Dine enviroment
You have an all-in-one venue. Start your day with breakfast at your choice of cafes and run through the day's programme over coffee before you enter your breezy work space. Lunch can be quick and on-the-go or leisurely at the Boulevard; and when it's time to call it a day, go gym or chill out with colleagues before you hit the road. Your day is more efficiently spent. You save plenty of travelling time, not to mention expenses and stress.

Ready Broadband connectivity
We're ready to connect you to the internet when you are.

Welcome to the distinctive, iconic address by a scenic lake
Located on the fringe of city bustle, by a quiet lake, THE PARC offers a refreshing break from the pack. With its distinctive architectural design and milieu of attractions, THE PARC is set to be a choice meeting point for the huge catchment areas surrounding the neighbourhood. It is sited in the booming township of Wangsa Maju!

Multiple Configurations make investment more attractive
A lobby for 2 lifts serves each floor containing only 2 units.

Buy 2 units on one floor and have your own private lobby

Buy 2 blocks and have the 2 lifts all to yourself

Buy a corner block and have your own private lift

High-ceilings and huge terraces
Enjoy spaces with tall floor-to-ceiling height with every unit. Top floor units come with a huge terrace, ideal for private entertaining.

Dual frontage to double your exposure
Dual frontage doubles the opportunity to attract attention to your brand, from both ends!

Direct access to office from private carpark
Apart from the ample private and public carparks for staffs and customers, chief executives can enjoy exclusive access to their offices directly from private basement carparks!

Round-the-clock CCTV security
There's nothing more important than providing a safe environment for you to operate in.

from RM482,900

To find out more, call 03 - 4021 8811 for a private appointment.

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Project Manager:
CRSC Property Sdn Bhd (79864-M)
Wisma CRSC, No. 96 & 98,
Jalan Gombak, 53000 Kuala Lumpur
Tel: 603-40218811
Fax: 603-40211377
Website: www.crscproperty.com

Developer:
PANCARAN NILAI (M) SDN BHD (178799-X)
Landowner: Datuk Bandar Kuala Lumpur
A joint venture project between
Datuk Bandar Kuala Lumpur &
Pancaran Nilai (M) Sdn Bhd

rizalhakim

January 9th, 2009, 11:01 AM

Kluang Mall mercu tanda baru

Oleh JAAFAR AHMAD

http://www.utusan.com.my/pix/2009/0109/Utusan_Malaysia/Johor/wj_01.1.jpg
KOMPLEKS Kluang Mall di Jalan Rambutan Kluang mula dibuka kepada orang ramai baru-baru ini.
- Gambar JAAFAR AHMAD

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KLUANG 8 Jan. - Kompleks beli-belah dan riadah terbesar Kluang Mall, di sini yang memulakan operasinya dua minggu lalu kini menjadi mercu tanda baru bandar ini dalam membantu memacukan ekonomi daerah tersebut.

Kompleks itu selain menyediakan 1,700 pekerjaan untuk penduduk tempatan, ia juga memiliki daya tarikan tersendiri untuk menarik golongan pertengahan dan atasan dari daerah lain berbelanja di situ.

Pengarah Urusan Syarikat Tenaga Nusantara, Tey Ah Kau berkata, Kluang Mall berkonsepkan berbelanja bersama keluarga dan sasaran pelanggannya pula golongan pertengahan dan atasan.

''Sebab itu, hampir semua jenis perniagaan di kompleks ini berasaskan barangan serta keperluan berjenama yang bermutu tinggi bagi memenuhi kehendak golongan tersebut," katanya ditemui Utusan Malaysia di sini baru-baru ini.

Menurutnya, sebelum ini kebanyakan golongan pertengahan dan atasan di daerah ini didapati sering berbelanja di Johor Bahru, Batu Pahat dan Kuala Lumpur untuk memenuhi selera tinggi mereka.

''Tetapi kini mereka tidak lagi perlu ke bandar lain untuk membeli-belah kerana pelbagai barangan berjenama dan bermutu tinggi boleh ditemui di Kluang Mall," katanya.

Sementara itu, beliau berasa gembira kerana lebih 50,000 orang membanjiri kompleks tersebut pada hari pertama beroperasi.

Menurutnya, sambutan luar dugaan itu membuktikan kompleks tersebut setanding dengan pusat beli-belah di beberapa bandar besar termasuk bandar raya Johor Bahru.

Beliau berkata, selain dilengkapi pasar raya terkemuka, kompleks tersebut juga menyediakan pelbagai kemudahan riadah seperti pawagam, ruang permainan kanak-kanak, karaoke serta restoran.

"Kluang Mall terbukti sebagai pusat beli-belah berkonsepkan cara hidup di bandar raya bagi 300,000 penduduk Kluang serta kawasan berhampiran," katanya.

Beliau berkata, sebagai kompleks beli-belah yang memusatkan pelbagai barangan berjenama ia juga mampu menarik pengunjung luar berbelanja di Kluang.

''Ini secara tidak langsung dapat pula menggerakkan pasaran dan ekonomi Kluang," katanya.

Menurut Ah Kau, ekoran sambutan hangat yang berterusan itu, pihaknya akan sentiasa memberikan keutamaan kepada para penyewa berdasarkan konsep 'menang-menang' dengan meningkatkan tahap pengurusan kompleks serta mewujudkan suasana membeli-belah dan riadah yang ideal.

Selain itu, beliau berkata, Tenaga Nusantara juga akan sentiasa bekerjasama dengan peniaga-peniaga lain di Kluang untuk memajukan lagi prospek perniagaan lebih baik di kawasan tempatan.

Menurut beliau, pihaknya telah menyediakan 1,200 petak meletak kereta untuk kemudahan pengunjung dan pelanggan.

Sementara itu, Pengarah Eksekutif Pacific Hypermarket & Departmental Store Sdn. Bhd., Charlie Tan berkata, pembukaan Pacific Hypermarket di Kluang Mall merupakan cawangannya yang ke-12 di Johor.

Menurutnya, pihaknya memperuntukkan lebih RM5 juta untuk membuka cawangan yang turut menyediakan 500 pekerjaan kepada penduduk tempatan.

''Kami yakin pasar raya ini akan menerima sambutan menggalakkan kerana kedudukannya yang strategik," katanya.

Beliau berkata, seperti beberapa cawangan lain, pihaknya bukan sahaja menyediakan keperluan harian seperti ikan, sayur dan buah-buahan tetapi turut menempatkan bahagian pakaian, kosmetik, peralatan sekolah dan sukan di pasar raya itu.

Kompleks beli-belah jadi tarik pelancong

KLUANG 8 Jan. - Para pengunjung Kluang Mall berharap pusat beli-belah tersebut akan dapat menarik pelancong tempatan terutama dari Mersing dan Segamat untuk berbelanja di situ.

Menurut mereka, kemasukan pelancong penting kerana ia dapat membantu merancakkan perniagaan lain di sekitar bandar Kluang termasuk restoran dan keperluan harian.

Pengerusi Persatuan Penjaja dan Peniaga Kecil Melayu Daerah Kluang, Mahmud Rohani, 52, berkata, sekiranya Kluang Mall berjaya berfungsi sebagai pemacu ekonomi, maka ramai peniaga di Kluang terutama bumiputera akan menerima limpahan dan manfaat daripadanya.

''Ini kerana pelancong bukan sahaja akan berbelanja di situ tetapi akan turut berbelanja atau makan dan minum di restoran atau gerai sekitarnya," katanya kepada Utusan Malaysia di sini baru-baru ini.

Menurut beliau, persatuannya percaya perniagaan di kompleks tersebut tidak akan menjejaskan peniagaan bumiputera kerana Kluang Mall mempunyai sasaran pelanggannya sendiri.

''Perniagaan di Kluang Mall berasaskan barangan berjenama dan bermutu tinggi untuk golongan pertengahan dan kaya yang mana harganya pasti lebih mahal," katanya.

Beliau berkata, bagi golongan berpendapatan rendah dan sederhana mereka mempunyai banyak tempat lain untuk berbelanja termasuk di kedai dan bazar yang menawarkan harga rendah.

Rakannya, Mohd. Amin Mohamad, 36, berharap Kluang Mall akan dapat menarik lebih ramai pelancong Kluang untuk berbelanja dan beriadah.

''Memandangkan ekonomi Kluang tidak begitu memuaskan maka kemasukan pelancong penting dalam membantu mengerakkan perniagaan di bandar ini," katanya.

Mengenai corak perniagaan di kompleks tersebut, beliau berkata, kebanyakan barangan yang dijual berjenama, bermutu tinggi dan agak mahal.

''Tetapi ia sejajar dengan konsep perniagaannya yang memberikan tumpuan kepada golongan pertengahan dan berpendapatan tinggi," katanya.

Sementara itu, menurut seorang kakitangan swasta, Nur Auzani Ismail, 25, pembukaan Kluang Mall memberikan kemudahan kepada golongan muda dan remaja untuk berbelanja dan beriadah.

Menurutnya, jika sebelum ini mereka sering ke Johor Bahru, Batu Pahat atau Melaka untuk mencari sesuatu barangan, tetapi kini mereka boleh memperolehnya di Kluang.

''Ini dapat menjimatkan masa dan tenaga mereka," katanya.

Selain itu, katanya, pembukaan Kluang Mall juga memberikan peluang pekerjaan kepada ramai remaja terutama bumiputera tempatan.

''Kini mereka tidak perlu keluar daerah untuk mencari pekerjaan kerana banyak peluang pekerjaan ada di sini," katanya.

rizalhakim

January 10th, 2009, 04:32 AM

RM200mil projects lined up
By ANGIE NG

OSK Property targets RM120mil-RM130mil sales

Meanwhile, on the company’s plans for Atria Damansara in Damansara Jaya, Tan said: “Our plan is to redevelop the property into a more upmarket retail and commercial destination for Petaling Jaya folks. The modern shopping mall will have gross lettable area of 1.3 milion sq ft and also some low-rise shop offices.

“The development order has been obtained last year and the redevelopment is expected to kick off late next year. The potential GDV of some RM1bil will be realised by 2012,” he adds.

Last February, OSK Property sealed the deal to purchase Atria Damansara shopping complex located on 5.48 acres for RM75mil.

Currently some 68% of the space in the complex have been leased out for a monthly rental income of more than RM8mil.

“We will retain some of the property for lease to generate recurring income while the rest will be for sale. The oroject is expected to revive the vibrancy of the Damansara Jaya commercial area into a more happening destination,” Tan says.

rizalhakim

January 12th, 2009, 05:20 AM

Metrojaya: New stores will drive up sales
By Zurinna Raja AdamPublished: 2009/01/12

http://www.btimes.com.my/articles/metja/pix_bottom

RETAILER Metrojaya Bhd expects sales to grow by five per cent this year, driven by new stores and ongoing marketing and promotion activities.

Last year, it made some RM400 million in sales.

The group operates seven department stores which account for 60 per cent of its revenue, three specialty stores and a new venture called MJ Outlet, which sells off-the-season products from its department and specialty stores.

"The idea to operate MJ Outlet is to provide a proper avenue to market our off-the-season products instead of having a warehouse sale all the time," chief executive officer Robert Heng said.

Metrojaya had launched an MJ Outlet and a Reject Shop at Brem Mall in Kepong on Saturday. Covering 46,000 sq ft of retail space, the stores offer men, ladies and children apparels and household items.

Well-known brands like Somerset Bay, East India and household items from Laura Ashley and Living Quarters are all available at MJ Outlet where prices are reduced by up to 70 per cent.

Heng said since its soft launch on December 20 last year, MJ Outlet has received positive feedback from customers who shop for quality products at lower prices.

"Our customers appreciate the move especially during challenging times like now," he adds.

Metrojaya has signed an 18-year lease with Brem Holdings Bhd and spent a total of RM4 million or RM2 million each to open MJ Outlet and Reject Shop.

Depending on the response, Heng said the group may open more MJ Outlets but it has not set any targets or budgets.

"It depends, as we move along, since our main focus is still department stores. If we do open more MJ Outlets, it will be at the edge of town," he said.

Meanwhile, Metrojaya will open a 125,000 sq ft department store in Sabah by the third quarter this year.

rizalhakim

January 12th, 2009, 05:36 AM

Factory outlets bullish on sales outlook
By LEE KIAN SEONG

Operators confident of attracting buyers with affordable pricing

KUALA LUMPUR: Factory outlet operators, which sell clothes sourced directly from factories, are optimistic about the sales outlook this year as their affordable price range will be attractive amid an economic slowdown.

Orifocus Sdn Bhd, which operates Factory Outlet Store (FOS) and Direct Factory Outlet (DFO), is bullish on sales for FOS, and is planning to open at least five new FOS stores.

“We project at least 10% sales growth this year (for FOS),” said Michele Yeo Tsin Tse, a manager at Orifocus.

The company currently has a total 41 outlets nationwide with 10 new outlets opened last year.

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Reject Shop outlet at the Brem Mall, Kuala Lumpur

FOS had not been affected by the weaker consumer spending and the global economic downturn as the company registered a 15% growth in sales as at end-November last year.

“We don’t see crisis as a hard time. Instead it provides us opportunity due to our affordable product range,” Yeo said.

“Consumers might spend less on clothing when they need to cut their budget so market players like us have to provide products that have value for money to boost sales.”

On DFO’s performance, Yeo said the company expected a single-digit growth in sales for DFO next year as it had limited number of outlets.

DFO, with seven outlets, had posted single-digit growth annually in the last three years.

“DFO is more like second-liner products with lower price and good quality, and it can attract more buyers because of its pricing,” Yeo said.

MJ Department Stores Sdn Bhd (MJ), which operates Reject Shop, is forecasting a 5% to 10% sales growth for Reject Shop this year.

“As the message in the market is to spend wisely and how to stretch your money, Reject Shop’s business model of selling quality branded fashion products at affordable prices should enable us to sail through the storm,” said deputy general manager Alice Tan.

Tan said the company planned to open three to five new Reject Shop stores this year, adding to the 37 outlets currently.

“We will continue to promote the brand through print advertisements and focus on our 300,000 card members.

“We will ensure that they enjoy more benefits like discounts and gift vouchers,” she said.

rizalhakim

January 12th, 2009, 09:52 AM

CentreMart tawar barangan harga patut
http://www.centermart.com.my

CENTERMART, pusat beli-belah berkonsep harga ekonomi di Setapak, Kuala Lumpur, mensasar pengguna berpendapatan rendah dan sederhana untuk barangan keperluan harian dengan harga berpatutan.

Penasihat pemasarannya, Christy Hing, berkata pihaknya tampil dengan konsep berkenaan bagi menawarkan alternatif kepada pengguna yang berdepan dengan krisis ekonomi sekarang.

Menurutnyal, CentreMart seluas 7.5 hektar itu menawarkan pilihan membeli-belah ala pasar raya, lengkap dengan kios serta lot kedai menjual pelbagai produk harian termasuk kasut, produk bayi, butik pakaian, barangan telefon mudah alih, aksesori dan beg, setaraf pusat membeli-belah atau pasar raya besar.

Katanya, pihaknya turut menyediakan kemudahan pasar basah yang menawarkan aneka barangan dapur, termasuk daging, ikan dan ayam selain restoran, surau dan taman permainan sesuai untuk keluarga menghabiskan masa membeli-belah dengan harga berpatutan, tetapi berkualiti.

“Hampir 300 kedai dan kios ditempatkan di CenterMart dan pasar basah bagi pengguna membuat pilihan.

“Setakat ini hampir 80 peratus keseluruhan lot kedai dan pasar basah disewa manakala 20 peratus lagi masih terbuka untuk individu atau syarikat menyewanya.

“Sewa setiap lot kedai atau pasar basah serendah RM900 hingga RM2,000 bergantung kepada saiz,” katanya ditemui di CentreMart, Taman Danau Kota, Off Jalan Genting Klang, Kuala Lumpur, baru-baru ini. Hadir sama, Penasihat Kompleks CentreMart, Shaifulnizam.

Mengulas lanjut, Christy berkata, pihaknya yakin konsep membeli-belah harga ekonomi yang pertama seumpamanya di Kuala Lumpur itu, dapat memenuhi kehendak pasaran yang sentiasa inginkan harga yang murah tetapi berkualiti selain membuka peluang kepada usahawan kecil dan sederhana memulakan perniagaan.

rizalhakim

January 13th, 2009, 04:38 AM

new shopping malls..

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Mall retailers keen to expand, but cautious
By Zurinna Raja AdamPublished: 2009/01/13

RETAILERS still want to expand their businesses despite the challenging economic outlook this year, said a property consultant.

"They are cautious, but are pursuing expansion. The main concern is whether the (mall) developer has the capability to complete the project," DTZ Nawawi Tie Leung Property Consultants senior director Adzman Shah Mohd Ariffin said.

DTZ has been appointed the leasing agent and retail mall manager by Pramerica's Asian Retail Mall Fund (ARMF), the investor of four malls managed by DTZ.

The malls are SSTwo and Ampang in the Klang Valley and two malls in Penang, 1st Avenue and Island Plaza, which are currently undergoing refurbishment. All four malls offer a total net lettable area of about 1.8 million sq ft.

ARMF is an investment arm of US-based Prudential Financial Inc. As at June 30 2008, it has managed US$5.1 billion (RM18.21 billion) of group assets throughout Asia.

"Retailers are well prepared to expand despite the economic downturn. They want fresh loca-tions, which is the advantage we have with the four malls. So far, during our roadshow, we have received overwhelming response," he said in an interview recently.

Malls today are no longer just a shopping destination. The upcoming malls are adopting the edutainment and entertainment features by offering a wide variety of eatery outlets, karaoke centre, cinema and bowling alley, among others.

"This trend encourages people to spend a much longer time in the mall and browse around the shopping area," said Adzman.

"Edutainment and entertainment-trend malls attract shoppers from all walks of life. Thus, it's crucial for us to ensure the setting offers the right mix of products at every corner of the building."

SSTwo and Ampang are located within a residential and commercial area. Aimed at upper and middle class families and those with children under the age of 12, the malls offer 462,800 sq ft and 580,000 sq ft of nett lettable area, respectively.

Targeted to open by the fourth quarter of this year, SSTwo offers a dedicated kid's loft with children's fashion and toys and maternity goods in addition to other merchandise. Ampang key anchor tenants, meanwhile, include a department store, hypermarket and cineplex. The mall will be ready in the first quarter 2011.

The 1st Avenue mall in Penang offers 428,000 sq ft of nett lettable area with a dedicated youth level. The mall should be completed by fourth quarter this year. Its main target markets are young adults aged between 20 and 35 years old and middle to upper middle class professionals.

Established in 1996, the Island Plaza has an occupancy rate of about 70 per cent with Metrojaya and Cold Storage as anchor tenants. Since Penang draws huge tourist arrivals with many expatriates, Adzman said, both malls in Penang hope to cater to this market.