Shopping Mall Statistics Malaysia
The icsc classifies shopping malls in tiers from a to d based on sales per square foot.
Shopping mall statistics malaysia. There is also often a cinema food court and supermarket located somewhere within the mall. This is a list of shopping malls in malaysia. The liberalisation of malaysian retail sector in recent years continues to encourage more foreign retailers to invest and set up their retail stores within shopping malls in malaysia.
New fashion retailers opened first outlets in malaysia during the last 2 years include blackbarrett desigual mcm tory burch halston pisidia under armour piquadro palladium spao mixxo who a u etc. Local demographics help bal harbor shops attain the highest sales per square feet. The shopping mall is in one of the richer neighborhoods in florida.
Other top malls are cityone mega mall with 600 shop lots boulevard shopping mall adjoining imperial hotel and imperial grand suite apartments and about half an hour s away from the city centre is summer shopping mall in kota samarahan with more than 300 shop lots and boasts of east malaysia s biggest cinema lotus 5 star cineplex with 12 halls. According to icsc 20 of shopping malls generate over 72 of all sales. A couple of times per year there are sales at every shopping mall in malaysia.
This predicted drop in mall visits is expected to be worse in kl and areas in the klang valley where online shopping is popular. This mall provides eveything you could want when you have exhausted all the shopping venues in the city take a taxi or train to the mid valley mega mall. Stats show that 22 2 per cent of malaysians from this region would not visit malls often this year while 13 5 per cent have stated that they would make more trips.
A total of rm114 2 billion was recorded by sales of wholesale and retail trade in august 2019 grew 5 8 per cent as compared to the same month a year ago the growth was attributed to wholesale trade which increased rm3 2 billion 6 3 followed by retail trade with rm2 9 billion 6 7. Shopping malls in malaysia are usually opened to public between 10am and 10pm. Restaurants are often opened until midnight or even later.
And if you want more shops and restaurants you can take a walkway across the klang river to kl eco city newly constructed as at 2019 which is a mass of apartments offices restaurants take away food outlets g. The right data can help shopping centre owners improve efficiency optimise operations and increase profits. Each mall has a collection of different stores resulting in a different atmosphere at each place making for a pretty diverse kl shopping experience.
Bal harbor shops is 1 mall. Sales value of wholesale retail trade recorded rm114 2 billion in august 2019.