Komtar JB Upgrade!

[Dean_14]

Originally Posted by Vince

JB Komtar was built with a 'bumi agenda': helping bumi traders get into JB city and compete with other businesses around. So, the years of abandonment had essentially screwed up the bumi traders' livelihoods. (Where are all the demos against JCorp??)

Now with that in mind, a cooperation with a singapore developer would not bode well for JCorp's 'bumi agenda', so that's not going to happen. No matter what, with JCorp's bankrupcy and subsequent delay of komtar, small-time bumi traders are the ones losing out, as usual. A lesson not to rely on this government.

bumi agenda is a familiar term in malaysia what..
with the assistant of outsider the bumi can be more competitive what..
just be open minded if the corporation are not capable to complete a single project..
it's been a long time Jb has no new project in downtown area since the completion of persada(not a big project tho.)
just hoping they realize the land is as valuable as gold in that area..
we dont expect too much like orchard standard shopping mall
at least like those neighborhood shopping mall such as northpoint, jurong point, even causeway point woodland will be good...

[ideal jb]

Opening of shopping centre in JB is like an urban legend.. when a new one comes ard, usually thr will be one that dies off.

[Dean_14]

Originally Posted by ideal jb

Opening of shopping centre in JB is like an urban legend.. when a new one comes ard, usually thr will be one that dies off.

that's why management ability is so important..
now Kota raya finally renovate the old shopping mall into a trendy mall
all the died shopping malls are all because of mismanagement...
holiday plaza, former komtar (which i can only remember Pizza hut and all muslim medicine only), merlin tower and holiday plaza..

[daeng_jal]

Originally Posted by Dean_14

that's why management ability is so important..
now Kota raya finally renovate the old shopping mall into a trendy mall
all the died shopping malls are all because of mismanagement...
holiday plaza, former komtar (which i can only remember Pizza hut and all muslim medicine only), merlin tower and holiday plaza..

Nope..its a failure by design!.it was doomed from the time developer 1st mooted the idea.

The only kinna successful sell out individual lots mall is sg wang.and holiday plaza,galaxy ampang had fail. BTS,Datarn pahlawan,even ksl will fail one day.even the small le garden in ipoh is nyawa2 ikan

And yet,malaysian developer still build it,and malaysian public still beratur to buy it!. Malaysian intelektual never fail to amuse me

[Dean_14]

Originally Posted by daeng_jal

Nope..its a failure by design!.it was doomed from the time developer 1st mooted the idea.

The only kinna successful sell out individual lots mall is sg wang.and holiday plaza,galaxy ampang had fail. BTS,Datarn pahlawan,even ksl will fail one day.even the small le garden in ipoh is nyawa2 ikan

And yet,malaysian developer still build it,and malaysian public still beratur to buy it!. Malaysian intelektual never fail to amuse me

i don't understand what you are trying to express but yea..
design is one of the reason why it is failed...
especially in JB.. which has a huge potential to develop

[Dean_14]

Originally Posted by daeng_jal

Nope..its a failure by design!.it was doomed from the time developer 1st mooted the idea.

The only kinna successful sell out individual lots mall is sg wang.and holiday plaza,galaxy ampang had fail. BTS,Datarn pahlawan,even ksl will fail one day.even the small le garden in ipoh is nyawa2 ikan

And yet,malaysian developer still build it,and malaysian public still beratur to buy it!. Malaysian intelektual never fail to amuse me

even jusco's management is快要死了because it handed to local team from the japanese team..
first thing the management team to is installing the colorful christmas light ..
very stupid which never contribute to the business

[Vince]

Originally Posted by Dean_14

bumi agenda is a familiar term in malaysia what..
with the assistant of outsider the bumi can be more competitive what..
just be open minded if the corporation are not capable to complete a single project..
it's been a long time Jb has no new project in downtown area since the completion of persada(not a big project tho.)
just hoping they realize the land is as valuable as gold in that area..
we dont expect too much like orchard standard shopping mall
at least like those neighborhood shopping mall such as northpoint, jurong point, even causeway point woodland will be good...

However, do you think that a Singaporean (or any other nationality) company would want to partner with JCorp if they can't build something that can profit from competitive open market? The bumi agenda would ensure that JCorp rent out the premises to bumi traders cheap. The only JV possible is if part of KOMTAR would be protected for bumis businesses while another part for others. One tower can be constructed for upmarket housing while another a lower-cost tower. In that way, developer would have to comply because such a JV deal is still attractive.

[Vince]

Originally Posted by ideal jb

Opening of shopping centre in JB is like an urban legend.. when a new one comes ard, usually thr will be one that dies off.

For luxury goods (Not discounted items in premium outlet) and electronics, people can easily shop for cheaper stuff in Singapore. Therefore unless authorities make the retail scene more competitive by lowering import taxes, the luxury retail business here is as good as dead.

For mid priced item, urban sprawl results in too many spread out neighbourhood malls offering similar goods everywhere. If densification of the city were to occur in the 80s and 90s, more people living in a particular area (like JB CBD, Tebrau or Larkin) would ensure that the neighbourhood mall survives. It would also be convenient for them to walk or take short transit rides to these malls instead of having to drive far and braving traffic jams to one of those new malls far away. More people utilizing a mall means more shoppers and ultimately, better businesses for retailers and mall owners who would have the money to maintain and expand/make their malls even more attractive. Sadly, urban sprawl ensures that this would not happen.

The only retail stores doing well are the supermarkets because people still need to eat and use daily products no matter what. Furthermore, Singaporeans come here for cheap groceries and food, ensuring their survival and expansion.

Therefore in my opinion, it is not only the mall management per se that failed JB's retail scene, but the planning of the city as a whole. In fact, I don't think much thought went into how the city would develop and expand in the 80s and 90s. The motivation in JB was just quick profits: both for lousy authorities as well as developers.

[dengilo]

[QUOTE=Vince
The only retail stores doing well are the supermarkets because people still need to eat and use daily products no matter what. Furthermore, Singaporeans come here for cheap groceries and food, ensuring their survival and expansion.

Wa this country so baik hati ah,We are in the business of subsidizing our very rich neighbours poor citizens.The very same people that will kutuk us big time!

[Dean_14]

[QUOTE=dengilo;92282707][QUOTE=Vince
The only retail stores doing well are the supermarkets because people still need to eat and use daily products no matter what. Furthermore, Singaporeans come here for cheap groceries and food, ensuring their survival and expansion.

Wa this country so baik hati ah,We are in the business of subsidizing our very rich neighbours poor citizens.The very same people that will kutuk us big time![/QUOTE]
well.. truly..

we are subsidizing them in everything.. our petrol. our talent

[Dean_14]

Originally Posted by Vince

However, do you think that a Singaporean (or any other nationality) company would want to partner with JCorp if they can't build something that can profit from competitive open market? The bumi agenda would ensure that JCorp rent out the premises to bumi traders cheap. The only JV possible is if part of KOMTAR would be protected for bumis businesses while another part for others. One tower can be constructed for upmarket housing while another a lower-cost tower. In that way, developer would have to comply because such a JV deal is still attractive.

well.. but now komtar seek the opportunities to transform to anather mid high shopping mall like CS, or maybe higher standard with some of the international branded stuff..if they wanna targeting the bumi ...seriously..JB is not putrajaya.. i personally dont think the bumi in JB are willing to affords for luxury good.. they rather spend the money on other thing..

co-operation might help them but of coz they have to change their policies and the the company culture first..

[Mith252]

Originally Posted by dengilo

Wa this country so baik hati ah,We are in the business of subsidizing our very rich neighbours poor citizens.The very same people that will kutuk us big time!

Nah, not of all of us. I am definitely not one of those who would do that.

Truly appreciate the low prices in JB. Just hoping that the development happens.

[daeng_jal]

Originally Posted by Dean_14

i don't understand what you are trying to express but yea..
design is one of the reason why it is failed...
especially in JB.. which has a huge potential to develop

Those mall u kutuk sell shop lots inside it to the public..those type of mall always fail kaw kaw with only sg.wang are the exception.
Professionally manage mall like suria or Aeon on the other hand will change the tenant mix,upgrade or expand every few years to keep it fresh

Malaysian tauke has a bad habit of can do attitude..just look at most mall or hotel in jb.its all are self manage.and preety much suck!.anyone with a decent brain power will know it will fail.but people can't seem to stop investing/buying it..guess who they blame for their own stupidity?

Even cs to me is boring!.it more of a low medium class mall..

[Dean_14]

Originally Posted by daeng_jal

Those mall u kutuk sell shop lots inside it to the public..those type of mall always fail kaw kaw with only sg.wang are the exception.
Professionally manage mall like suria or Aeon on the other hand will change the tenant mix,upgrade or expand every few years to keep it fresh

Malaysian tauke has a bad habit of can do attitude..just look at most mall or hotel in jb.its all are self manage.and preety much suck!.anyone with a decent brain power will know it will fail.but people can't seem to stop investing/buying it..guess who they blame for their own stupidity?

Even cs to me is boring!.it more of a low medium class mall..

well.. sg wang is the only exception which stand tall for more than 30 years
it was hot during my parent pat toh time back then and now still hawwwttt

one thing is the malaysian bosses attitude.. i should say landlord
they are not willing to spend money..to renew, renovate or refurbish their property, eg, holiday plaza which they owned the shop..

in summary the management's ability is important.. truly..
self manage failed, they need some effective management guide

[THT-United]

Yup, but other than Sungai Wang, one other popular mall whereby shop lots are sold to investors is Kuantan Parade... Despite being on the wrong end of the City Center (behind Teruntum Complex), tenants are doing alright thanks to it being a mobile phone hub as well as The Store... Compare that with a major struggler called Berjaya Megamall, also selling lots away and keeping the prime ones, but the difference is that there are so many empty units due to proximity of CapitaMalls-managed East Coast Mall...

How do I know this? The company I work for has two lots in Kuantan Parade, both of which are occupied and tenants doing quite well, especially during the holiday season and weekends!

As for JB, I do agree that most malls and hotels are self-managed, such as KSL City and Plaza Angsana... But unlike developers like Empire, See Hoy Chan, or IGB (who are great property managers), these are quite poorly run and make their properties look rundown... Just compare, say, Empire Shopping Gallery with even Singapore-owned JB City Square and we can see a major difference in tenant mix, for instance!

And this KOMTAR seems to be the rotten apple that crowns this spoilt piece of cake... For a property in such a prime location, it is due to financial mismanagement on the part of its owners that caused the KOMTAR redevelopment to be stalled for so many years (and JCorp should have sold it off to interested parties instead, as a means of raising cash)... Just compare the JB one with its namesake in Penang which has been successfully rejuvenated, after being in the doldrums for umpteen years!

[Vince]

This thread is starting to get quiet again. Let's make more fun of KOMTAR JB until it is complete.

[Vince]

Originally Posted by nazrey

Original posted by rizalhakim
Big upgrade on Komtar
By ZAZALI MUSA
TheStar



Tan Sri Muhammad Ali Hashim showing artist’s impressions
of Komtar after the upgrading work.

JOHOR BARU: Johor Corp (JCorp) is allocating RM55mil to upgrade the retail area of Komtar, one of the earliest commercial buildings in the central business district, in a move to attract more shoppers back to the 29-year-old building.

A well-known shopping centre in the 1980s and early 90s, Komtar started losing its shine with the opening of Johor Baru City Square mall next door and Plaza Angsana about 5km away.

“We have to keep up with the times if Komtar wants to steal the limelight again,” JCorp chief executive officer Tan Sri Muhammad Ali Hashim said at the launch of the upgrading work recently.

Renovation work on the retail area has started and will take 18 months to complete.

Tan Sri Muhammad Ali Hashim showing artist’s impressions of Komtar after the upgrading work.
The retail area will be expanded to 15,280 sq m from 12,056 sq m currently and the podium area will have an “eco-centric” theme.

“We have started marketing the 'new Komtar' and are currently talking with a few potential anchor tenants,” said Ali, adding that 27 of the 58 tenants had agreed to return in 2009.

He said shoppers could expect big names in the retail industry to open outlets here.

Also in the pipeline were plans to develop the 1.2ha open car park area beside the building into a shopping mall and an office tower.

Ali said the upgrading work and the new development plan would boost the image of Komtar again in view of its strategic location in the Iskandar Development Region.

This piece of news was from 2007........

Boost the image of KOMTAR.....it is mid 2012 now. Do they still have an image to boost?

[Dean_14]

Originally Posted by Vince

This piece of news was from 2007........

Boost the image of KOMTAR.....it is mid 2012 now. Do they still have an image to boost?

according to this rendering.. no high rise will be build..

[LoveArki]

Dean_14 is right.
Confirm is low-class retail shopping mall....

[jb2020]

hopefully they completed this eye sore project asap...