<turbo-stream action="replace" target="mall-map-wrapper"><template><div data-controller="map" data-lat="1.48556" data-lng="103.76222" data-map-catchment-data-value="{&quot;lat&quot;:&quot;1.48556&quot;,&quot;lng&quot;:&quot;103.76222&quot;,&quot;primary_radius&quot;:5.0,&quot;secondary_radius&quot;:15.0,&quot;population&quot;:1100000}" data-map-demographic-summary-value="{&quot;Mall Demographics&quot;:[{&quot;label&quot;:&quot;Primary Catchment Area&quot;,&quot;value&quot;:&quot;5 km radius km&quot;,&quot;description&quot;:&quot;Core area serving the mall directly, based on urban proximity in Johor Bahru&quot;},{&quot;label&quot;:&quot;Secondary Catchment Area&quot;,&quot;value&quot;:&quot;10-20 km radius km&quot;,&quot;description&quot;:&quot;Extended area including surrounding suburbs and cross-border visitors from Singapore&quot;},{&quot;label&quot;:&quot;Catchment area population&quot;,&quot;value&quot;:&quot;1,100,000 People&quot;,&quot;description&quot;:&quot;Estimated total population within primary and secondary catchment, drawing from Johor Bahru&#39;s 1.7 million urban population&quot;},{&quot;label&quot;:&quot;Population growth rate&quot;,&quot;value&quot;:&quot;2.5&quot;,&quot;description&quot;:&quot;Annual growth rate for Johor Bahru metropolitan area, reflecting regional development&quot;},{&quot;label&quot;:&quot;Median age&quot;,&quot;value&quot;:&quot;30 Years&quot;,&quot;description&quot;:&quot;Average age of residents in Johor Bahru, indicating a youthful demographic&quot;},{&quot;label&quot;:&quot;Household size&quot;,&quot;value&quot;:&quot;3.8 Persons&quot;,&quot;description&quot;:&quot;Average household members in Malaysia, applicable to Johor region&quot;},{&quot;label&quot;:&quot;Education level (tertiary)&quot;,&quot;value&quot;:&quot;25.0&quot;,&quot;description&quot;:&quot;Percentage of population with tertiary education in Johor, supporting mid-to-high income spending&quot;}],&quot;Economic Indicators&quot;:[{&quot;label&quot;:&quot;Median household income&quot;,&quot;value&quot;:&quot;9,000 MYR per month&quot;,&quot;description&quot;:&quot;Monthly median income in Johor, higher than national average due to proximity to Singapore&quot;},{&quot;label&quot;:&quot;Unemployment rate&quot;,&quot;value&quot;:&quot;3.5&quot;,&quot;description&quot;:&quot;Current unemployment rate in Malaysia, stable in Johor Bahru&quot;},{&quot;label&quot;:&quot;Cost of living index&quot;,&quot;value&quot;:&quot;70 Index (KL=100)&quot;,&quot;description&quot;:&quot;Relative cost of living in Johor Bahru, lower than Kuala Lumpur&quot;}],&quot;Consumer Spending&quot;:[{&quot;label&quot;:&quot;Retail spending per capita&quot;,&quot;value&quot;:&quot;2,500 MYR per year&quot;,&quot;description&quot;:&quot;Estimated annual retail expenditure per person in Johor, driven by urban consumption&quot;},{&quot;label&quot;:&quot;Spending on apparel&quot;,&quot;value&quot;:&quot;230 USD per capita&quot;,&quot;description&quot;:&quot;Annual spending on clothing and footwear, based on national projections&quot;},{&quot;label&quot;:&quot;Spending on groceries&quot;,&quot;value&quot;:&quot;1,200 MYR per month&quot;,&quot;description&quot;:&quot;Household monthly grocery expenditure in urban Malaysia&quot;},{&quot;label&quot;:&quot;Spending on electronics&quot;,&quot;value&quot;:&quot;800 MYR per year&quot;,&quot;description&quot;:&quot;Annual per capita spending on electronics in Johor, influenced by tech-savvy youth&quot;}],&quot;Mall Traffic \u0026 Performance&quot;:[{&quot;label&quot;:&quot;Annual foot traffic&quot;,&quot;value&quot;:&quot;10,000,000 Visitors&quot;,&quot;description&quot;:&quot;Estimated yearly visitors to KSL City Mall, as a major tourist and local hub&quot;},{&quot;label&quot;:&quot;Dwell time&quot;,&quot;value&quot;:&quot;2.5 Hours&quot;,&quot;description&quot;:&quot;Average time shoppers spend in the mall, based on typical large retail centers&quot;},{&quot;label&quot;:&quot;Conversion rate&quot;,&quot;value&quot;:&quot;25.0&quot;,&quot;description&quot;:&quot;Percentage of visitors making purchases, standard for Malaysian malls&quot;},{&quot;label&quot;:&quot;Sales per square meter&quot;,&quot;value&quot;:&quot;7,500 MYR&quot;,&quot;description&quot;:&quot;Annual sales revenue per square meter of GLA, estimated for prime location&quot;}],&quot;Competition \u0026 Tenant Mix&quot;:[{&quot;label&quot;:&quot;Number of retail stores&quot;,&quot;value&quot;:&quot;500 Stores&quot;,&quot;description&quot;:&quot;Total tenants in KSL City Mall, offering diverse shopping options&quot;},{&quot;label&quot;:&quot;Anchor tenant presence&quot;,&quot;value&quot;:&quot;Yes Presence&quot;,&quot;description&quot;:&quot;Major anchors like Parkson and cinema complexes drive traffic&quot;},{&quot;label&quot;:&quot;Competitor density (same category)&quot;,&quot;value&quot;:&quot;High Density&quot;,&quot;description&quot;:&quot;Multiple malls in Johor Bahru like Mid Valley Southkey and Paradigm Mall nearby&quot;},{&quot;label&quot;:&quot;Tenant diversity&quot;,&quot;value&quot;:&quot;High Diversity&quot;,&quot;description&quot;:&quot;Mix of local, international, F\u0026B, and entertainment tenants&quot;},{&quot;label&quot;:&quot;Unique Concepts&quot;,&quot;value&quot;:&quot;Yes Presence&quot;,&quot;description&quot;:&quot;Features like onsen suites and integrated hotel for unique experiences&quot;}],&quot;Real Estate \u0026 Leasing&quot;:[{&quot;label&quot;:&quot;Gross Leasable Area&quot;,&quot;value&quot;:&quot;120,000 sqm&quot;,&quot;description&quot;:&quot;Leasable retail space in the mall, part of 1 million sq ft GFA&quot;},{&quot;label&quot;:&quot;Number of Levels&quot;,&quot;value&quot;:&quot;5 Levels&quot;,&quot;description&quot;:&quot;Multi-level structure enhancing shopping variety&quot;},{&quot;label&quot;:&quot;Average rent per square meter&quot;,&quot;value&quot;:&quot;100 MYR per month&quot;,&quot;description&quot;:&quot;Typical rental rate for prime retail space in Johor Bahru&quot;},{&quot;label&quot;:&quot;Vacancy rate&quot;,&quot;value&quot;:&quot;5.0&quot;,&quot;description&quot;:&quot;Low vacancy indicating strong demand and occupancy&quot;},{&quot;label&quot;:&quot;Lease term flexibility&quot;,&quot;value&quot;:&quot;Medium Flexibility&quot;,&quot;description&quot;:&quot;Standard 3-5 year leases with renewal options&quot;},{&quot;label&quot;:&quot;Available retail space&quot;,&quot;value&quot;:&quot;929&quot;,&quot;description&quot;:&quot;Estimated current available space for new tenants&quot;}],&quot;Accessibility \u0026 Infrastructure&quot;:[{&quot;label&quot;:&quot;Proximity to main roads&quot;,&quot;value&quot;:&quot;Direct Access&quot;,&quot;description&quot;:&quot;Located on Jalan Wong Ah Fook, central to major highways&quot;},{&quot;label&quot;:&quot;Public transport access&quot;,&quot;value&quot;:&quot;High Access&quot;,&quot;description&quot;:&quot;Served by buses from JB Sentral and cross-border services&quot;},{&quot;label&quot;:&quot;Parking spaces&quot;,&quot;value&quot;:&quot;3,000 Spaces&quot;,&quot;description&quot;:&quot;Ample parking with cashless options for convenience&quot;},{&quot;label&quot;:&quot;Pedestrian traffic&quot;,&quot;value&quot;:&quot;High Traffic&quot;,&quot;description&quot;:&quot;Strong footfall due to city center location and tourist appeal&quot;}],&quot;Digital \u0026 E-commerce Trends&quot;:[{&quot;label&quot;:&quot;E-commerce competition&quot;,&quot;value&quot;:&quot;High Competition&quot;,&quot;description&quot;:&quot;20% market penetration in Malaysia, impacting physical retail&quot;},{&quot;label&quot;:&quot;Click-and-collect adoption&quot;,&quot;value&quot;:&quot;30.0&quot;,&quot;description&quot;:&quot;Increasing use of click-and-collect services in malls&quot;},{&quot;label&quot;:&quot;Internet penetration&quot;,&quot;value&quot;:&quot;90.0&quot;,&quot;description&quot;:&quot;High internet access in Johor Bahru supporting digital integration&quot;}],&quot;Safety \u0026 Security&quot;:[{&quot;label&quot;:&quot;Retail crime rate&quot;,&quot;value&quot;:&quot;50 Index (Numbeo)&quot;,&quot;description&quot;:&quot;Moderate crime level in Johor Bahru, focused on petty theft&quot;},{&quot;label&quot;:&quot;Security measures&quot;,&quot;value&quot;:&quot;CCTV, Guards Measures&quot;,&quot;description&quot;:&quot;Comprehensive security including patrols and surveillance&quot;}],&quot;Marketing \u0026 Events&quot;:[{&quot;label&quot;:&quot;Promotional events&quot;,&quot;value&quot;:&quot;Multiple annually Events&quot;,&quot;description&quot;:&quot;Regular events like speed-eating competitions and festivals&quot;},{&quot;label&quot;:&quot;Loyalty program penetration&quot;,&quot;value&quot;:&quot;40.0&quot;,&quot;description&quot;:&quot;Adoption of mall loyalty programs among shoppers&quot;},{&quot;label&quot;:&quot;Digital signage presence&quot;,&quot;value&quot;:&quot;Yes Presence&quot;,&quot;description&quot;:&quot;Digital displays for promotions throughout the mall&quot;}],&quot;Growth Potential&quot;:[{&quot;label&quot;:&quot;Projected foot traffic growth&quot;,&quot;value&quot;:&quot;5.0&quot;,&quot;description&quot;:&quot;Expected increase due to regional development and tourism&quot;},{&quot;label&quot;:&quot;New tenant pipeline&quot;,&quot;value&quot;:&quot;Ongoing Pipeline&quot;,&quot;description&quot;:&quot;Active recruitment of new brands and concepts&quot;},{&quot;label&quot;:&quot;Mall expansion plans&quot;,&quot;value&quot;:&quot;nan Plans&quot;,&quot;description&quot;:&quot;No immediate expansion, but group has new developments in pipeline&quot;}]}" data-map-mapbox-token-value="pk.eyJ1Ijoib2NjdXBpIiwiYSI6ImNtZXFkdHZwczBtNjIya215OWVpaGtucXoifQ.xiNo8HmyyKim2YrJ3LdqdQ" data-map-nearby-malls-value="{&quot;primary&quot;:[{&quot;id&quot;:1186,&quot;slug&quot;:&quot;the-mall-mid-valley-southkey&quot;,&quot;name&quot;:&quot;The Mall, Mid Valley Southkey&quot;,&quot;lat&quot;:&quot;1.50125&quot;,&quot;lng&quot;:&quot;103.777361&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;The Mall, Mid Valley Southkey is a prominent shopping destination in Johor Bahru, Johor, Malaysia, opened on April 23, 2019, and managed by IGB Berhad. Spanning 2.5 million square feet with a net lettable area of approximately 1.53 million square feet across six retail floors, it serves as the largest mall in southern West Malaysia. Strategically located in the Southkey precinct, it benefits from proximity to the Johor-Singapore Causeway, approximately 20-30 minutes drive, attracting cross-border shoppers alongside local residents. Accessibility is enhanced by direct connections to the Johor Bahru Eastern Dispersal Link Expressway, Tebrau Expressway, and public bus routes from JB Sentral, with 6,500 parking bays available. The tenant mix is diversified, featuring over 300 stores including anchor tenants like SOGO department store, GSC Cinemas, Harvey Norman, Nitori, Village Grocer, and luxury brands such as Chanel, Dior, Rolex, and Michael Kors. Entertainment options include AURUM Theatre and Mid Valley Exhibition Centre. As of May 2025, occupancy stands at 95%, supported by resilient footfall estimated at high levels due to Singaporean visitors, though exact metrics are not publicly detailed. Market position is strong in the premium segment, with Johor Bahru&#39;s retail sector showing 85-90% occupancy across malls amid Iskandar Malaysia&#39;s growth. Leasing advantages include competitive base rents around RM4-8 per square foot per month, turnover clauses of 5-7% of sales, and fit-out allowances up to RM200 per square foot for qualifying tenants. However, challenges include intense competition from nearby malls like Paradigm and KSL City, vulnerability to border closures or Singapore economic fluctuations, and potential market saturation in luxury retail categories. Operational quality is high with modern infrastructure, but aging elements may emerge in 5-10 years. Demographic profile targets middle to upper-income families aged 25-55, with a blend of local Malaysians and affluent Singaporeans seeking value and variety.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Johor Bahru&quot;},&quot;anchor_tenants&quot;:&quot;SOGO, Village Grocer, Golden Screen Cinemas, Aurum Theatre, Harvey Norman&quot;,&quot;distance&quot;:2.42,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;300&quot;,&quot;gla_sqm&quot;:&quot;157935&quot;,&quot;anchor_tenants&quot;:&quot;SOGO, Village Grocer, Golden Screen Cinemas, Aurum Theatre, Harvey Norman&quot;}},{&quot;id&quot;:5341,&quot;slug&quot;:&quot;holiday-plaza&quot;,&quot;name&quot;:&quot;Holiday Plaza&quot;,&quot;lat&quot;:&quot;1.4883429&quot;,&quot;lng&quot;:&quot;103.76009&quot;,&quot;property_type&quot;:null,&quot;description&quot;:&quot;Holiday Plaza is a three-storey freehold shopping complex located at Jalan Dato Sulaiman in Taman Kebun Teh, Johor Bahru, spanning approximately 850,000 square feet. Established as one of the oldest retail destinations in the city since the 1980s, it occupies a central position in the JB City Centre area, near landmarks like City Square Mall (3 km away) and accessible via major roads and public transport. The property targets budget-conscious local residents and cross-border shoppers from Singapore, focusing on a niche electronics and services-oriented tenant mix. Ground floor hosts numerous IT and electronics outlets offering new, used, and replica gadgets, phones, accessories, and repair services, while upper levels feature beauty salons, massage parlours, hair and nail treatments, clothing stores, household goods, a Parkson department store, McDonald&#39;s, and a historic bakery. This mix supports everyday needs for middle to lower-income demographics, with negotiable pricing enhancing affordability. In the broader Johor Bahru retail market, where overall occupancy hovers around 79-80% as per 2024 reports from CBRE and NAPIC, Holiday Plaza maintains a moderate occupancy estimated at 75-85% based on operational observations, though exact figures are not publicly detailed. Footfall is low to moderate, drawing pockets of locals and tourists for targeted purchases rather than leisure browsing, impacted by the rise of e-commerce and newer competitors. Leasing advantages include relatively low base rents, potentially RM5-10 per square foot monthly in this segment, due to the property&#39;s age and positioning, allowing retailers in electronics, personal care, and F\u0026B to capture value-driven traffic without high premiums. However, the ageing infrastructure presents maintenance challenges, and the site&#39;s market position has shifted from a bustling hub to a specialized, nostalgic venue amid JB&#39;s evolving retail landscape, which saw new supply additions like sundry-oriented outlets in 2024-2025 per Henry Butcher reports. Accessibility via taxis and proximity to hotels like Mutiara Johor Bahru aids convenience, but competition from modern malls with superior amenities poses risks to sustained performance. Overall, it suits resilient niche operators tolerant of operational trade-offs in exchange for cost-effective entry into the JB market.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Johor Bahru&quot;},&quot;anchor_tenants&quot;:&quot;Holiday Plaza Sdn Bhd&quot;,&quot;distance&quot;:0.39,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;250&quot;,&quot;gla_sqm&quot;:&quot;3&quot;,&quot;anchor_tenants&quot;:&quot;Holiday Plaza Sdn Bhd&quot;}},{&quot;id&quot;:1184,&quot;slug&quot;:&quot;johor-bahru-city-square&quot;,&quot;name&quot;:&quot;Johor Bahru City Square&quot;,&quot;lat&quot;:&quot;1.461194&quot;,&quot;lng&quot;:&quot;103.764194&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Johor Bahru City Square is a seven-storey shopping mall with a gross leasable area of approximately 450,000 square feet, opened in 1999 and located at 106-108 Jalan Wong Ah Fook in the Ibrahim International Business District of Johor Bahru, Johor, Malaysia. Majority owned by Singapore\&quot;s Government Investment Corporation (GIC) with over 70% stake, the property includes an integrated office tower and benefits from its prime position adjacent to the Johor-Singapore Causeway, connected via a pedestrian bridge to the Sultan Iskandar Building customs complex. This strategic location drives significant cross-border footfall, with the mall attracting around 1.5 million visitors monthly, primarily from Singaporean shoppers seeking affordable retail options. The tenant mix comprises over 300 stores across fashion, lifestyle, dining, and electronics categories, anchored by international brands like Uniqlo, H\u0026M, and Cathay Cineplex, alongside local outlets such as Popular bookstore and Sakae Sushi. In the competitive Johor Bahru retail market, valued at part of Malaysia\&quot;s USD 125 billion sector in 2025 with 3.64% CAGR growth, the mall holds a central market position as a border gateway destination, though it faces challenges from newer developments. Leasing advantages include high visibility and accessibility for retailers targeting middle-to-upper income demographics, with Johor Bahru\&quot;s metro population exceeding 1.8 million and bolstered by Singapore proximity. However, as an established property, it undergoes periodic upgrades, including a planned 2025 facelift expanding retail space by 22,000 square feet to refresh appeal. Operational quality is supported by three basement parking levels and an outdoor garden on level 6, but aging infrastructure may require attention. Market reports indicate Johor retail occupancy averaging 90-95% in prime assets, with JBCS benefiting from tourism recovery post-pandemic. Retailers should note saturation in fashion categories and potential access congestion during peak Causeway hours, influencing performance metrics like sales per square foot, typically RM 1,000-1,500 in similar border malls.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Johor Bahru&quot;},&quot;anchor_tenants&quot;:&quot;Cathay Cineplex, Popular, Uniqlo, H\u0026M, Sakae Sushi&quot;,&quot;distance&quot;:2.72,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;300&quot;,&quot;gla_sqm&quot;:&quot;50825&quot;,&quot;anchor_tenants&quot;:&quot;Cathay Cineplex, Popular, Uniqlo, H\u0026M, Sakae Sushi&quot;}},{&quot;id&quot;:7901,&quot;slug&quot;:&quot;ksl-city-1&quot;,&quot;name&quot;:&quot;Ksl City&quot;,&quot;lat&quot;:&quot;1.4858456&quot;,&quot;lng&quot;:&quot;103.762422&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;KSL City is an integrated shopping mall in Taman Abad, Johor Bahru, Malaysia, opened in 2011, combining retail with the adjacent KSL Hotel and Resort. The property features approximately 868,000 square feet of net lettable area across multiple levels, hosting around 500 retail outlets. Anchor tenants include Lotus&#39;s hypermarket for groceries and daily needs, fashion brands such as Uniqlo and Cotton On targeting mid-range apparel, electronics stores, and a robust beauty and wellness segment with salons and massage centers. Entertainment draws crowds through MBO Cinemas, the Dinosaurs Alive Water Theme Park, and karaoke venues, while the food and beverage area spans local hawker stalls to international chains, emphasizing affordable dining options. Market position in Johor Bahru&#39;s competitive landscape, with over 11 million square feet of total retail space, positions KSL City as a value-oriented destination appealing to budget-conscious shoppers amid saturation from newer upscale developments. Footfall benefits from proximity to Singapore, just 3 kilometers from customs, attracting cross-border visitors especially on weekends, with annual visitor estimates in the millions driven by hotel integration and public transport via Causeway Link bus F100. Occupancy rates average 80-85 percent, reflecting regional trends influenced by e-commerce pressures and overlapping catchment areas. Rent levels range from RM12-20 per square foot monthly, lower than premium competitors, offering cost advantages for mid-tier retailers. Accessibility is strong via major roads, though peak-hour congestion poses challenges; parking accommodates 2,000 vehicles. Demographic profile centers on local families and young adults in a catchment exceeding 1.5 million residents, supplemented by Singaporean day-trippers seeking value. Leasing advantages encompass flexible space options for pop-ups and kiosks, performance-based escalations, and 3-5 year terms, but risks include category saturation in fashion and F\u0026B, potential footfall cannibalization estimated at 20-30 percent from rivals, and infrastructure aging in a 14-year-old facility compared to modern entrants.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Johor Bahru&quot;},&quot;anchor_tenants&quot;:&quot;Lotus Hypermarket, Uniqlo, Cotton On, MBO Cinemas, Parkson&quot;,&quot;distance&quot;:0.04,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;800&quot;,&quot;gla_sqm&quot;:&quot;80641&quot;,&quot;anchor_tenants&quot;:&quot;Lotus Hypermarket, Uniqlo, Cotton On, MBO Cinemas, Parkson&quot;}},{&quot;id&quot;:3473,&quot;slug&quot;:&quot;mid-valley-southkey&quot;,&quot;name&quot;:&quot;Mid Valley Southkey&quot;,&quot;lat&quot;:&quot;1.50125&quot;,&quot;lng&quot;:&quot;103.777361&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Mid Valley Southkey in Johor Bahru, Johor, Malaysia, opened in April 2019 as the largest mall in southern West Malaysia, with a net lettable area of 1.53 million square feet. It forms part of a mixed-use development featuring retail, a 239-room St Giles hotel, and office towers, enhancing overall footfall. Occupancy stands at 95% as of May 2025, supported by anchor tenants like SOGO department store, Village Grocer supermarket, and Golden Screen Cinemas. The tenant mix is diversified, including over 300 stores in fashion, beauty, electronics, dining (with 50+ F\u0026B outlets), and entertainment zones. Located in Taman Danga Bay near Tebrau Highway, it offers strong accessibility for local Johor residents and Singapore cross-border shoppers, about 25 minutes from the Causeway. The market position benefits from Johor Bahrus growing economy, with regional GDP growth at 5-6% annually, but faces saturation in retail spaces. Leasing advantages include stable high occupancy and rent levels of RM18-25 per square foot monthly, below premium KL malls. Demographic profile targets middle-income families (household income RM5,000-10,000) in a metro area of 1.8 million, driving mid-tier consumption. Challenges encompass competition from Aeon Tebrau City and KSL City, potential border policy changes affecting visitor traffic, and occasional access congestion during peaks. Overall, it presents balanced opportunities for retailers in lifestyle and essential goods categories amid robust weekend traffic.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Johor Bahru&quot;},&quot;anchor_tenants&quot;:&quot;SOGO, AURUM Theatre, GSC Cinemas, Harvey Norman, Nitori, MANGO, Village Grocer, LEGO&quot;,&quot;distance&quot;:2.42,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;260&quot;,&quot;gla_sqm&quot;:&quot;232000&quot;,&quot;anchor_tenants&quot;:&quot;SOGO, AURUM Theatre, GSC Cinemas, Harvey Norman, Nitori, MANGO, Village Grocer, LEGO&quot;}},{&quot;id&quot;:1185,&quot;slug&quot;:&quot;komtar-jbcc&quot;,&quot;name&quot;:&quot;Komtar Jbcc&quot;,&quot;lat&quot;:&quot;1.463667&quot;,&quot;lng&quot;:&quot;103.762833&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Komtar JBCC is a 4-level retail mall in Johor Bahru central business district with net leasable area of 397,076 square feet, gross floor area of 623,374 square feet, and 1,311 parking bays. Redeveloped in 2014, it integrates with office towers and is near the Customs, Immigration, and Quarantine complex, providing connectivity to Singapore via the Causeway and upcoming Rapid Transit System link in 2026, including a pedestrian bridge to boost accessibility. Tenant mix includes over 100 outlets across categories: fashion and accessories (21 percent of NLA, brands like Brands Outlet, Padini, H\u0026M alternatives), food and beverage (12 percent, options like Starbucks, McDonalds, Sushi Zanmai, Tony Romas), beauty and wellness (2 percent, services like Thai Odyssey, Watsons), leisure and entertainment (14 percent, Kidz Republic Activity Park), supermarket (Kapitan Grocer), and services (banks, ATMs). Market position as a mid-tier city center mall attracts locals, cross-border Singaporean shoppers, and tourists, supported by demographic profile of urban residents, commuters, and visitors benefiting from strong Singapore dollar. Footfall shows encouraging levels due to F\u0026B patronage and tourism recovery, though exact metrics are not specified; overall Iskandar Malaysia retail supply stands at 14.8 million square feet with vacancy around 25 percent. Occupancy for Johor Bahru retail averaged 72.4 percent in Q1 2025, down from historical 95 percent for the mall in 2018, reflecting market pressures. Rent levels approximate RM25 per square foot in the region, with potential for 20 percent reversion through repositioning to fixed-base rents. Leasing advantages include diverse income streams (fashion 36 percent, F\u0026B 25 percent of gross rental) and strategic location in Ibrahim International Business District, but drawbacks involve competition from newer malls like Mid Valley Southkey and Paradigm, incoming supply of 1.63 million square feet in 2024-2025 leading to saturation, e-commerce impact, inflation, and weaker consumer sentiment.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Johor Bahru&quot;},&quot;anchor_tenants&quot;:&quot;Marks \u0026 Spencer, Adidas, Popular, Kapitan Grocer&quot;,&quot;distance&quot;:2.44,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;150&quot;,&quot;gla_sqm&quot;:&quot;36902&quot;,&quot;anchor_tenants&quot;:&quot;Marks \u0026 Spencer, Adidas, Popular, Kapitan Grocer&quot;}},{&quot;id&quot;:2595,&quot;slug&quot;:&quot;plaza-taman&quot;,&quot;name&quot;:&quot;Plaza Taman&quot;,&quot;lat&quot;:&quot;1.4885&quot;,&quot;lng&quot;:&quot;103.7603&quot;,&quot;property_type&quot;:&quot;Neighborhood&quot;,&quot;description&quot;:&quot;Plaza Taman is a modest neighborhood shopping center in Johor Bahru, situated in the Taman Century Garden residential area along Jalan Dato Sulaiman. Developed as a freehold property, it spans approximately 20,000 sqft with ground and upper floor units ranging from 200 to 600 sqft, hosting around 30-40 tenants. Its market position serves as a convenient local hub for daily needs rather than a regional destination, benefiting from proximity to middle-class housing estates. Tenant mix comprises 40% F\u0026B outlets like local cafes and hawker stalls, 30% convenience and grocery stores, 20% services such as clinics and salons, and 10% apparel and accessories shops, fostering a community-oriented atmosphere. Occupancy stands at about 90%, per local real estate listings, supported by stable demand from residents. Leasing advantages include low entry barriers with rents averaging RM5-7 per sqft per month, inclusive of basic maintenance, and short lease terms of 2-3 years with options for renewal. Accessibility is fair via major roads connecting to Johor Bahru city center (5-10 minutes drive) and public transport routes, though parking is limited to 50-60 spots, leading to overflow during evenings. Demographic profile targets middle-income households (RM4,000-7,000 monthly) primarily Malay and Chinese families aged 25-55, with moderate footfall of 600-1,200 daily visitors, higher on weekends. Operational quality is adequate but shows signs of aging infrastructure, with basic air-conditioning and security. In the broader Johor Bahru retail market, which saw 6% sales growth in 2024 per CBRE reports, small plazas like this face saturation in F\u0026B but offer resilience through low overheads. Drawbacks include intense competition from larger malls like KSL City (99% occupancy, higher footfall) and risks from traffic congestion and e-commerce shifts impacting non-essential retail. Overall, suitable for budget-conscious retailers focusing on local loyalty over high-volume sales.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Johor Bahru&quot;},&quot;anchor_tenants&quot;:&quot;Parkson&quot;,&quot;distance&quot;:0.39,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;60&quot;,&quot;gla_sqm&quot;:&quot;3000&quot;,&quot;anchor_tenants&quot;:&quot;Parkson&quot;}},{&quot;id&quot;:3475,&quot;slug&quot;:&quot;desa-tebrau&quot;,&quot;name&quot;:&quot;Desa Tebrau&quot;,&quot;lat&quot;:&quot;1.5036&quot;,&quot;lng&quot;:&quot;103.7667&quot;,&quot;property_type&quot;:&quot;Regional&quot;,&quot;description&quot;:&quot;Desa Tebrau is a regional shopping center in Johor Bahru, Malaysia, situated at No. 1 Jalan Desa Tebrau, Taman Desa Tebrau, owned by AEON Co. (M) Bhd. and operational since 2006. It spans 116,128 square meters of gross leasable area over four levels, accommodating 300 retail outlets. The tenant mix emphasizes anchors like AEON supermarket and department store, TGV Cinemas, Uniqlo, H and M, and Padini, alongside diverse categories in fashion, groceries, dining, and entertainment. Annual visitor footfall reaches 2.5 million, with average dwell time of 120 minutes and conversion rate of 30 percent. Occupancy rate is 95 percent, leaving 10,000 square meters available amid medium vacancy levels. Rent averages 150 Malaysian Ringgit per square meter monthly, with flexible lease terms supporting new tenants. Market position benefits from Johor Bahru&#39;s growing retail sector, where malls report steady footfall recovery post-pandemic, driven by F and B and family outings, though e-commerce erodes 40 percent of sales via click-and-collect. Primary catchment covers 91.8 square kilometers with 475,267 residents, secondary up to 500 square kilometers. Demographics feature median age of 30 years, household income of 5,500 Malaysian Ringgit monthly, and retail spend of 2,000 Malaysian Ringgit per capita annually. Accessibility includes direct highway links, reliable public transport, and 3,000 parking bays, fostering high pedestrian flow. Operational aspects encompass low crime rates, CCTV security, frequent promotions, and 50 percent loyalty program uptake, yielding 200,000 Malaysian Ringgit sales per square meter yearly. Leasing draws from ongoing tenant pipeline and expansion plans, but faces risks from competitor malls like KSL City and Paradigm Mall, aging infrastructure since 2006, and demands for enhanced family zones and international dining to counter saturation in apparel.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Johor Bahru&quot;},&quot;anchor_tenants&quot;:&quot;AEON, TGV Cinemas, Uniqlo, H\u0026M, Padini&quot;,&quot;distance&quot;:2.07,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;300&quot;,&quot;gla_sqm&quot;:&quot;116128&quot;,&quot;anchor_tenants&quot;:&quot;AEON, TGV Cinemas, Uniqlo, H\u0026M, Padini&quot;}},{&quot;id&quot;:3106,&quot;slug&quot;:&quot;plaza-pelangi&quot;,&quot;name&quot;:&quot;Plaza Pelangi&quot;,&quot;lat&quot;:&quot;1.48016&quot;,&quot;lng&quot;:&quot;103.76508&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Plaza Pelangi is a 5-storey shopping centre in Taman Pelangi, Johor Bahru, Johor, established in 1991 on freehold land spanning 154,126 sq ft, with a gross floor area of 499,230 sq ft and net leasable area of 295,062 sq ft. It accommodates over 200 stores across categories including fashion, electronics, F\u0026B, groceries, and entertainment, anchored by Mercato supermarket, Parkson department store, and Golden Screen Cinemas. The mall provides 695 parking bays in a shared 3-level basement and is accessible via Jalan Kuning, about 10 minutes from the Singapore Causeway and 15 minutes from the city centre, supported by public transport links. In Johor Bahru&#39;s competitive retail landscape with more than 20 malls, Plaza Pelangi occupies a mid-tier position, benefiting from local middle-income demographics (household income RM5,000-10,000) and cross-border shoppers, but facing pressures from newer venues. Recent upgrades focus on digital and PC retail, enhancing tenant mix resilience. Leasing opportunities feature base rents of RM8-12 per sq ft monthly, plus turnover rents, with occupancy around 80-85% as of 2025, per market estimates. Advantages include stable local footfall averaging 10,000-15,000 daily and growth potential from RTS Link by 2027, expected to increase Singaporean visits by 20-30%. Drawbacks encompass aging infrastructure requiring maintenance, category saturation in fashion and electronics, and competition eroding sales in weaker segments. Johor Bahru overall sees prime mall occupancy at 95%+, with rents rising 5-10% annually amid economic recovery, though secondary assets like this face vacancy risks if tenant mix lags.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Johor Bahru&quot;},&quot;anchor_tenants&quot;:&quot;Metrojaya,Cold Storage&quot;,&quot;distance&quot;:0.68,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;250&quot;,&quot;gla_sqm&quot;:&quot;27420&quot;,&quot;anchor_tenants&quot;:&quot;Metrojaya,Cold Storage&quot;}}],&quot;secondary&quot;:[{&quot;id&quot;:5117,&quot;slug&quot;:&quot;capital-21&quot;,&quot;name&quot;:&quot;Capital 21&quot;,&quot;lat&quot;:&quot;1.5068178&quot;,&quot;lng&quot;:&quot;103.7157084&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Capital 21, located in the Tampoi suburb of Johor Bahru, is an 11-storey freehold shopping mall developed as part of the Capital City integrated mixed-use project on 14 acres of land. Completed in 2018 with a gross floor area of approximately 1.1 million square feet, it features 1,602 strata-titled retail units across six podium levels, originally designed as a thematic mall within a theme park concept, including plans for an indoor theme park (MCM Studio, touted as Southeast Asia&#39;s largest). The mall ceased operations in early 2020 due to financial difficulties faced by developer Capital World Ltd., resulting in low occupancy and limited tenant activity. As of late 2025, revival efforts are underway following the 2023 acquisition of 591 units (641,216 sq ft NLA) by Singapore&#39;s Mustafa Centre for RM368 million, positioning it as an anchor tenant to draw cross-border shoppers. The current tenant mix remains sparse but is evolving with Mustafa&#39;s planned flagship store emphasizing value retail in electronics, groceries, and apparel, supplemented by potential local F\u0026B and service outlets. Market position is suburban and peripheral, 15-20 minutes drive from the Johor Bahru checkpoint via major highways, benefiting from Iskandar Malaysia&#39;s growth but challenged by its industrial surroundings and distance from city center attractions. Accessibility is supported by proximity to North-South Expressway and Second Link Expressway, with a 7-storey elevated car park, though public transport options are limited. Leasing advantages include competitive suburban rent levels (estimated RM5-10 per sq ft monthly, lower than city center&#39;s RM15-25), flexible strata-title ownership, and potential footfall boost from Singapore visitors amid RTS Link developments. However, risks involve ongoing revival uncertainties, aging infrastructure from closure period, and market saturation in JB&#39;s retail sector with over 20 malls competing for 1.5-2 million local and tourist demographics. Operational quality is improving with renovations, but footfall metrics are projected low initially (under 5,000 daily visitors) compared to established malls like AEON Tebrau (20,000+). Demographic profile targets middle-income locals (household income RM4,000-8,000) in Tampoi&#39;s residential-industrial zones and budget-conscious Singaporeans seeking affordable shopping, with population density around 50,000 within 5km radius growing at 2-3% annually due to Iskandar initiatives.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Johor Bahru&quot;},&quot;anchor_tenants&quot;:&quot;MCM Theme Park, New Market, Various Retailers&quot;,&quot;distance&quot;:5.68,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;1602&quot;,&quot;gla_sqm&quot;:&quot;80000&quot;,&quot;anchor_tenants&quot;:&quot;MCM Theme Park, New Market, Various Retailers&quot;}},{&quot;id&quot;:1189,&quot;slug&quot;:&quot;toppen&quot;,&quot;name&quot;:&quot;Toppen Shopping Centre&quot;,&quot;lat&quot;:&quot;1.55294&quot;,&quot;lng&quot;:&quot;103.79781&quot;,&quot;property_type&quot;:&quot;Regional&quot;,&quot;description&quot;:&quot;Toppen Shopping Centre, situated in the Tebrau district of Johor Bahru, Johor, Malaysia, is a 1.2 million square foot retail destination that commenced operations in November 2019. It comprises four levels hosting over 300 tenants, anchored by the inaugural IKEA store in Johor, alongside key players such as Decathlon, Harvey Norman, TGV Cinemas, and the recently introduced Jaya Grocer in 2025. The tenant mix encompasses international fashion and lifestyle brands, local retailers, supermarkets, diverse F\u0026B outlets, and entertainment facilities including a rooftop community hub with skatepark and lifestyle gardens. Positioned as a family-oriented community hub, Toppen leverages its location just 20 minutes from the Singapore border to attract both local Johor residents and cross-border Singaporean visitors. In the broader Johor Bahru retail landscape, where overall occupancy reached 72.9% in June 2025 and national retail sales are forecasted to grow by 4.6%, Toppen sustains a robust 90-92% occupancy rate, benefiting from projected annual footfall exceeding 15 million. Leasing advantages include competitive base rents averaging RM10-15 per square foot, flexible turnover clauses linked to sales performance, and synergistic traffic from anchors like IKEA, which drives consistent dwell times of 4-5 hours per visit. The centres modern infrastructure, featuring EV charging stations, ample parking at RM2 per entry, and accessibility via Tebrau Highway, supports operational efficiency. Nonetheless, the market contends with saturation from 15+ competing malls such as Paradigm Mall and Komtar JBCC, potential volatility in Singaporean influx due to border policies, and rising costs amid inflation. The anticipated Johor-Singapore RTS Link in 2026 promises enhanced connectivity but may redistribute footfall, underscoring the need for retailers to align with strong categories like home goods and casual dining to mitigate risks.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Johor Bahru&quot;},&quot;anchor_tenants&quot;:&quot;IKEA, Harvey Norman, TGV Cinemas, Original Classic, The Parenthood, Food Empire, Concept Haus, Sports Direct, The Pantheon&quot;,&quot;distance&quot;:8.47,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;291&quot;,&quot;gla_sqm&quot;:&quot;116129&quot;,&quot;anchor_tenants&quot;:&quot;IKEA, Harvey Norman, TGV Cinemas, Original Classic, The Parenthood, Food Empire, Concept Haus, Sports Direct, The Pantheon&quot;}},{&quot;id&quot;:3688,&quot;slug&quot;:&quot;perling-mall&quot;,&quot;name&quot;:&quot;Perling Mall&quot;,&quot;lat&quot;:&quot;1.4966&quot;,&quot;lng&quot;:&quot;103.6892&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Perling Mall, located in Taman Perling, Johor Bahru, Malaysia, is a suburban shopping center that opened in 2005 and spans approximately 500,000 square feet of gross leasable area. It serves as a community-focused retail hub in the Skudai district, drawing primarily from nearby residential areas and benefiting from its position near the North-South Expressway for regional accessibility. The mall features a diverse tenant mix anchored by Giant Hypermarket, which occupies a significant portion and drives everyday grocery traffic, alongside categories such as fashion outlets (e.g., H\u0026M, Uniqlo), electronics (e.g., Courts), dining options including local and international chains like OldTown White Coffee, and entertainment with a 6-screen GSC cinema. Occupancy rates hover around 90-95% as per recent commercial real estate reports, reflecting stable demand in a market where Johor Bahru&#39;s retail sector has grown 5-7% annually due to cross-border shopping from Singapore. Rent levels are competitive at RM15-25 per square foot monthly for ground-floor spaces, making it attractive for mid-tier retailers seeking affordable entry into the southern Malaysia market. The property&#39;s market position is solid for value-oriented shopping, with footfall estimated at 800,000-1 million monthly visitors, bolstered by family demographics and weekend peaks. Leasing advantages include flexible terms for pop-up stores and promotional spaces, lower operational costs compared to urban malls, and proximity to growing housing developments. However, challenges include moderate accessibility via public transport, with reliance on personal vehicles amid occasional traffic congestion on Jalan Perling. Overall, it offers balanced opportunities for retailers targeting local middle-income consumers, though saturation in hypermarket-anchored formats warrants careful category selection to avoid overlap with nearby competitors.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Johor Bahru&quot;},&quot;anchor_tenants&quot;:&quot;Giant, TGV Cinemas&quot;,&quot;distance&quot;:8.21,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;100&quot;,&quot;gla_sqm&quot;:&quot;11325&quot;,&quot;anchor_tenants&quot;:&quot;Giant, TGV Cinemas&quot;}},{&quot;id&quot;:1187,&quot;slug&quot;:&quot;paradigm-johor-bahru&quot;,&quot;name&quot;:&quot;Paradigm Mall Johor Bahru&quot;,&quot;lat&quot;:&quot;1.5161754&quot;,&quot;lng&quot;:&quot;103.6852555&quot;,&quot;property_type&quot;:&quot;Regional&quot;,&quot;description&quot;:&quot;Paradigm Mall Johor Bahru is a freehold regional shopping center opened in 2017, situated along Jalan Skudai in the Skudai township of Johor Bahru, Malaysia. The property encompasses a gross floor area of 3.63 million square feet and a net lettable area of 1.29 million square feet across six retail levels plus a mezzanine, complemented by a cinema, convention center, basement and elevated parking for 3,370 vehicles, and integration with the Hyatt Place Hotel and Paradigm Residence. It holds the position as the largest mall in Skudai, benefiting from proximity to key highways including the Skudai, Pasir Gudang, and North-South Expressways, which facilitate access within a 20-minute drive from the Woodlands Checkpoint, drawing cross-border visitors from Singapore. The tenant mix features anchor stores such as Parkson department store, HomePro for home improvement, Harvey Norman furniture, Village Grocer supermarket, Golden Screen Cinemas, and entertainment options like the Blue Frost Ice Rink, alongside a diverse array of over 500 shops spanning fashion, F\u0026B outlets in the Food Arcade, electronics, and lifestyle categories. Surrounding residential enclaves like Taman Bukit Mewah and Taman Bukit Indah support a demographic profile of middle to upper-income families and young professionals. As of March 2025, occupancy stands at 99.3 percent, reflecting strong leasing demand amid Johor Bahru&#39;s retail market growth driven by the Johor-Singapore Special Economic Zone initiatives. Gross revenue for FYE 2024 reached RM112.7 million, with net property income at RM72.6 million, indicating stable income streams. Leasing advantages include low-teens rental reversion rates upon renewal, competitive base rents influenced by bulk lease adjustments, and a mature market with consistent local foot traffic augmented by tourist inflows. However, the property faces risks from clustered lease expiries in certain years and competition from established rivals like Mid Valley Southkey and Komtar JBCC, which could pressure occupancy if tenant mix enhancements lag. Operational quality is evidenced by recent F\u0026B tenant additions to bolster visitor draw, though earlier reports noted subdued footfall due to perceived gaps in premium offerings. Overall, the mall&#39;s strategic location and high occupancy position it well for retailers targeting family-oriented and cross-border consumer segments, provided they navigate regional saturation trends.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Johor Bahru&quot;},&quot;anchor_tenants&quot;:&quot;Parkson, HomePro, Golden Screen Cinemas, Harvey Norman, Village Grocer&quot;,&quot;distance&quot;:9.21,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;500&quot;,&quot;gla_sqm&quot;:&quot;120119&quot;,&quot;anchor_tenants&quot;:&quot;Parkson, HomePro, Golden Screen Cinemas, Harvey Norman, Village Grocer&quot;}},{&quot;id&quot;:1188,&quot;slug&quot;:&quot;aeon-tebrau-city&quot;,&quot;name&quot;:&quot;Aeon Mall Tebrau City&quot;,&quot;lat&quot;:&quot;1.5495&quot;,&quot;lng&quot;:&quot;103.7958&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;AEON Mall Tebrau City, located at No 1, Jalan Desa Tebrau, Taman Desa Tebrau, 81100 Johor Bahru, Johor, Malaysia, opened in 2006 as a suburban retail destination with 93,000 square meters of gross leasable area across five levels and 3,000 parking spaces. It serves a primary catchment of 475,267 residents in Tebrau and Plentong suburbs, growing at 2.5% annually, with median age 29, household size 4.0, 25% tertiary education, and median income RM6,879 monthly. Secondary catchment includes Greater Johor Bahru and Singapore cross-border visitors, boosting weekend footfall by 25-40%. Occupancy stands at 99.9% as of mid-2024, with 300 tenants anchored by AEON Department Store (40% space), Uniqlo, H\u0026M, TGV Cinemas, and Padini. Tenant mix comprises 30% fashion and apparel (Cotton On, Padini), 25% F\u0026B following recent Food Hall expansion, 15% electronics, and remaining in services, beauty, entertainment, and home goods like Tsutaya Bookstore. Annual footfall reaches 2.5 million, with dwell time 120 minutes, 30% conversion rate, and RM5,000 sales per square meter yearly. Accessibility via Jalan Tebrau, Tebrau Highway, Second Link Expressway, and buses from JB Sentral; however, border proximity causes peak-hour congestion. In Johor Bahru&#39;s competitive market with over 15 malls, it positions as value-oriented, mid-tier option amid regional growth and urban expansion. Leasing advantages include competitive base rents of RM18-25 per square foot plus 5-8% turnover (averaging RM194/sqm/month), high demand reflected in low vacancy, diverse mix fostering synergies, reliable traffic from locals and tourists, and expansion initiatives enhancing performance. Drawbacks encompass category saturation, e-commerce rivalry with 98% internet penetration, infrastructure aging at 18 years, and vulnerabilities to border policies, fuel costs, and economic shifts reducing cross-border patronage by 10-20% in downturns.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Johor Bahru&quot;},&quot;anchor_tenants&quot;:&quot;AEON Department Store, Uniqlo, H\u0026M, TGV Cinemas, Padini&quot;,&quot;distance&quot;:8.03,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;300&quot;,&quot;gla_sqm&quot;:&quot;120000&quot;,&quot;anchor_tenants&quot;:&quot;AEON Department Store, Uniqlo, H\u0026M, TGV Cinemas, Padini&quot;}},{&quot;id&quot;:4868,&quot;slug&quot;:&quot;plaza-angsana&quot;,&quot;name&quot;:&quot;Plaza Angsana&quot;,&quot;lat&quot;:&quot;1.49556&quot;,&quot;lng&quot;:&quot;103.705928&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Plaza Angsana, rebranded as Angsana Johor Bahru Mall, occupies 1.03 million square feet across five levels in Pusat Bandar Tampoi along Jalan Skudai, central Johor Bahru. As one of the areas oldest malls since the 1990s, it has seen revamps to sustain operations amid a saturated market with over 20 competing centers. Annual footfall exceeds 12 million visitors, driven by local urban demographics and Singaporean cross-border shoppers seeking affordable retail. Tenant mix includes anchors like Parkson department store and Hero Market supermarket, alongside Mr DIY for hardware, diverse F\u0026B such as McDonalds, KFC, and local eateries, plus entertainment via bowling alley and playground. Emphasis on Malay traditional clothing, beauty salons, and massage services caters to middle-income Malay families and budget-conscious visitors. Occupancy hovers at 94%, supported by post-pandemic recovery, with rent levels estimated at RM6-8 per square foot monthly, lower than regional averages. Accessibility features 4,200 car parks but is hindered by JB traffic congestion. Market position leverages proximity to Singapore (15-minute drive to Causeway) and upcoming RTS Link for boosted connectivity, offering leasing advantages in high-traffic zones for F\u0026B and services. However, challenges include competition from modern malls like Paradigm and KSL, some vacant spaces from COVID impacts, and risks from fluctuating border traffic and economic ties to Singapore tourism.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Johor Bahru&quot;},&quot;anchor_tenants&quot;:&quot;Al-Ikhsan, Subway, Pierre Cardin, Seoul Garden, Sushi King, Watsons, RHB Bank, Parkson, Hero Market&quot;,&quot;distance&quot;:6.36,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;243&quot;,&quot;gla_sqm&quot;:&quot;37098&quot;,&quot;anchor_tenants&quot;:&quot;Al-Ikhsan, Subway, Pierre Cardin, Seoul Garden, Sushi King, Watsons, RHB Bank, Parkson, Hero Market&quot;}},{&quot;id&quot;:1978,&quot;slug&quot;:&quot;sutera-mall&quot;,&quot;name&quot;:&quot;Sutera Mall&quot;,&quot;lat&quot;:&quot;1.5494&quot;,&quot;lng&quot;:&quot;103.6617&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Sutera Mall, located in Taman Sutera Utama, Skudai, Johor Bahru, is a three-level shopping center spanning 1,200,000 square feet of gross leasable area with 500 retail outlets. Opened in August 2008 as part of the Iskandar Development Region, it features a family-oriented tenant mix including anchors like Aeon Big, diverse fashion, electronics, and a strong F\u0026B component with renowned outlets. The mall maintains a high occupancy rate of 98 percent and attracts approximately 600,000 monthly visitors, driven by steady year-on-year footfall growth and community events. Accessibility is supported by proximity to the Second Link Expressway, major roads such as Jalan Skudai-Pontian, and public bus services from Singapore via Causeway Link, with ample parking available. In the competitive Johor Bahru retail market, Sutera positions as a neighborhood hub serving local middle-income families and cross-border shoppers from Singapore, though it faces pressure from larger, newer developments. Leasing advantages include stable tenancy, creative mix catering to all ages, and potential for event-driven traffic, but drawbacks involve aging infrastructure relative to rivals and market saturation with over 20 malls in the area. Rent levels typically range from RM20 to RM35 per square foot depending on floor and location, influenced by regional economic factors like tourism recovery post-pandemic. Operational quality is solid with awards for management, yet challenges include maintaining relevance amid e-commerce growth and fluctuating Singapore-Malaysia border traffic.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Johor Bahru&quot;},&quot;anchor_tenants&quot;:&quot;Aeon Big, Popular Bookstore, Watsons, Royal Sporting House, HDL&quot;,&quot;distance&quot;:13.24,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;500&quot;,&quot;gla_sqm&quot;:&quot;90000&quot;,&quot;anchor_tenants&quot;:&quot;Aeon Big, Popular Bookstore, Watsons, Royal Sporting House, HDL&quot;}}],&quot;outside&quot;:[]}" data-map-update-url-value="/malls/ksl-city" id="mall-map-wrapper"><div data-city="Johor Bahru" data-current-mall="true" data-id="ksl-city" data-lat="1.48556" data-lng="103.76222" data-map-target="mall" data-name="Ksl City Mall" style="display: none;"></div><div data-map-target="map" id="map"></div><div class="demographic-panel collapsed" data-map-target="demographicPanel"><div class="panel-header"><h4><i aria-hidden="true" class="ri-bar-chart-line"></i> Market Demographics</h4><button class="toggle-btn" onclick="this.parentElement.parentElement.classList.toggle(&quot;collapsed&quot;)"><i aria-hidden="true" class="ri-arrow-down-s-line"></i></button></div><div class="panel-content"><div class="stats-category"><h5>Mall Demographics</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">5 km radius km</div><div class="stat-label">Primary Catchment Area</div></div><div class="stat-card"><div class="stat-value">10-20 km radius km</div><div class="stat-label">Secondary Catchment Area</div></div><div class="stat-card"><div class="stat-value">1,100,000 People</div><div class="stat-label">Catchment area population</div></div><div class="stat-card"><div class="stat-value">2.5</div><div class="stat-label">Population growth rate</div></div></div></div><div class="stats-category"><h5>Economic Indicators</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">9,000 MYR per month</div><div class="stat-label">Median household income</div></div><div class="stat-card"><div class="stat-value">3.5</div><div class="stat-label">Unemployment rate</div></div><div class="stat-card"><div class="stat-value">70 Index (KL=100)</div><div class="stat-label">Cost of living index</div></div></div></div><div class="stats-category"><h5>Consumer Spending</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">2,500 MYR per year</div><div class="stat-label">Retail spending per capita</div></div><div class="stat-card"><div class="stat-value">230 USD per capita</div><div class="stat-label">Spending on apparel</div></div><div class="stat-card"><div class="stat-value">1,200 MYR per month</div><div class="stat-label">Spending on groceries</div></div><div class="stat-card"><div class="stat-value">800 MYR per year</div><div class="stat-label">Spending on electronics</div></div></div></div><div class="stats-category"><h5>Mall Traffic &amp; Performance</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">10,000,000 Visitors</div><div class="stat-label">Annual foot traffic</div></div><div class="stat-card"><div class="stat-value">2.5 Hours</div><div class="stat-label">Dwell time</div></div><div class="stat-card"><div class="stat-value">25.0</div><div class="stat-label">Conversion rate</div></div><div class="stat-card"><div class="stat-value">7,500 MYR</div><div class="stat-label">Sales per square meter</div></div></div></div><div class="stats-category"><h5>Competition &amp; Tenant Mix</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">500 Stores</div><div class="stat-label">Number of retail stores</div></div><div class="stat-card"><div class="stat-value">Yes Presence</div><div class="stat-label">Anchor tenant presence</div></div><div class="stat-card"><div class="stat-value">High Density</div><div class="stat-label">Competitor density (same category)</div></div><div class="stat-card"><div class="stat-value">High Diversity</div><div class="stat-label">Tenant diversity</div></div></div></div><div class="stats-category"><h5>Real Estate &amp; Leasing</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">120,000 sqm</div><div class="stat-label">Gross Leasable Area</div></div><div class="stat-card"><div class="stat-value">5 Levels</div><div class="stat-label">Number of Levels</div></div><div class="stat-card"><div class="stat-value">100 MYR per month</div><div class="stat-label">Average rent per square meter</div></div><div class="stat-card"><div class="stat-value">5.0</div><div class="stat-label">Vacancy rate</div></div></div></div><div class="stats-category"><h5>Accessibility &amp; Infrastructure</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">Direct Access</div><div class="stat-label">Proximity to main roads</div></div><div class="stat-card"><div class="stat-value">High Access</div><div class="stat-label">Public transport access</div></div><div class="stat-card"><div class="stat-value">3,000 Spaces</div><div class="stat-label">Parking spaces</div></div><div class="stat-card"><div class="stat-value">High Traffic</div><div class="stat-label">Pedestrian traffic</div></div></div></div><div class="stats-category"><h5>Digital &amp; E-commerce Trends</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">High Competition</div><div class="stat-label">E-commerce competition</div></div><div class="stat-card"><div class="stat-value">30.0</div><div class="stat-label">Click-and-collect adoption</div></div><div class="stat-card"><div class="stat-value">90.0</div><div class="stat-label">Internet penetration</div></div></div></div><div class="stats-category"><h5>Safety &amp; Security</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">50 Index (Numbeo)</div><div class="stat-label">Retail crime rate</div></div><div class="stat-card"><div class="stat-value">CCTV, Guards Measures</div><div class="stat-label">Security measures</div></div></div></div><div class="stats-category"><h5>Marketing &amp; Events</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">Multiple annually Events</div><div class="stat-label">Promotional events</div></div><div class="stat-card"><div class="stat-value">40.0</div><div class="stat-label">Loyalty program penetration</div></div><div class="stat-card"><div class="stat-value">Yes Presence</div><div class="stat-label">Digital signage presence</div></div></div></div><div class="stats-category"><h5>Growth Potential</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">5.0</div><div class="stat-label">Projected foot traffic growth</div></div><div class="stat-card"><div class="stat-value">Ongoing Pipeline</div><div class="stat-label">New tenant pipeline</div></div><div class="stat-card"><div class="stat-value">nan Plans</div><div class="stat-label">Mall expansion plans</div></div></div></div></div></div></div></template></turbo-stream>