<turbo-stream action="replace" target="mall-map-wrapper"><template><div data-controller="map" data-lat="4.6257" data-lng="101.1541" data-map-catchment-data-value="{&quot;lat&quot;:&quot;4.6257&quot;,&quot;lng&quot;:&quot;101.1541&quot;,&quot;primary_radius&quot;:5.0,&quot;secondary_radius&quot;:15.0,&quot;population&quot;:750000}" data-map-demographic-summary-value="{&quot;Mall Demographics&quot;:[{&quot;label&quot;:&quot;Primary Catchment Area&quot;,&quot;value&quot;:&quot;10 km&quot;,&quot;description&quot;:&quot;Radius of primary customer base within Ipoh city limits&quot;},{&quot;label&quot;:&quot;Secondary Catchment Area&quot;,&quot;value&quot;:&quot;30 km&quot;,&quot;description&quot;:&quot;Extended radius covering greater Perak region&quot;},{&quot;label&quot;:&quot;Catchment area population&quot;,&quot;value&quot;:&quot;750,000 People&quot;,&quot;description&quot;:&quot;Estimated population in Ipoh metropolitan area serving as potential customer base&quot;},{&quot;label&quot;:&quot;Population growth rate&quot;,&quot;value&quot;:&quot;1.2&quot;,&quot;description&quot;:&quot;Annual growth rate for Ipoh region based on national trends&quot;},{&quot;label&quot;:&quot;Median age&quot;,&quot;value&quot;:&quot;32 Years&quot;,&quot;description&quot;:&quot;Median age of residents in Ipoh catchment area&quot;},{&quot;label&quot;:&quot;Household size&quot;,&quot;value&quot;:&quot;4.0 Persons&quot;,&quot;description&quot;:&quot;Average household size in Ipoh households&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 Perak state&quot;}],&quot;Economic Indicators&quot;:[{&quot;label&quot;:&quot;Median household income&quot;,&quot;value&quot;:&quot;6,500 RM/month&quot;,&quot;description&quot;:&quot;Median monthly household income in Perak state&quot;},{&quot;label&quot;:&quot;Unemployment rate&quot;,&quot;value&quot;:&quot;3.5&quot;,&quot;description&quot;:&quot;Unemployment rate in Ipoh/Perak region&quot;},{&quot;label&quot;:&quot;Cost of living index&quot;,&quot;value&quot;:&quot;55 Index (KL=100)&quot;,&quot;description&quot;:&quot;Cost of living index for Ipoh, lower than national average&quot;}],&quot;Consumer Spending&quot;:[{&quot;label&quot;:&quot;Retail spending per capita&quot;,&quot;value&quot;:&quot;3,000 RM/year&quot;,&quot;description&quot;:&quot;Estimated annual retail spending per person in Malaysia adjusted for Ipoh&quot;},{&quot;label&quot;:&quot;Spending on apparel&quot;,&quot;value&quot;:&quot;600 RM/year&quot;,&quot;description&quot;:&quot;Annual per capita spending on apparel in Malaysia&quot;},{&quot;label&quot;:&quot;Spending on groceries&quot;,&quot;value&quot;:&quot;2,000 RM/year&quot;,&quot;description&quot;:&quot;Annual per capita spending on groceries in Malaysian households&quot;},{&quot;label&quot;:&quot;Spending on electronics&quot;,&quot;value&quot;:&quot;500 RM/year&quot;,&quot;description&quot;:&quot;Annual per capita spending on electronics in Malaysia&quot;}],&quot;Mall Traffic \u0026 Performance&quot;:[{&quot;label&quot;:&quot;Annual foot traffic&quot;,&quot;value&quot;:&quot;10,000,000 Visitors/year&quot;,&quot;description&quot;:&quot;Projected annual visitors based on similar Sunway malls&quot;},{&quot;label&quot;:&quot;Dwell time&quot;,&quot;value&quot;:&quot;90 Minutes&quot;,&quot;description&quot;:&quot;Average time shoppers spend in mall&quot;},{&quot;label&quot;:&quot;Conversion rate&quot;,&quot;value&quot;:&quot;25.0&quot;,&quot;description&quot;:&quot;Percentage of visitors making a purchase&quot;},{&quot;label&quot;:&quot;Sales per square meter&quot;,&quot;value&quot;:&quot;1,500 RM/sqm/year&quot;,&quot;description&quot;:&quot;Projected sales performance per leasable area&quot;}],&quot;Competition \u0026 Tenant Mix&quot;:[{&quot;label&quot;:&quot;Number of retail stores&quot;,&quot;value&quot;:&quot;250 Stores&quot;,&quot;description&quot;:&quot;Total retail outlets planned for the mall&quot;},{&quot;label&quot;:&quot;Anchor tenant presence&quot;,&quot;value&quot;:&quot;Yes&quot;,&quot;description&quot;:&quot;Presence of major anchors like TGV Cinemas and Village Grocer&quot;},{&quot;label&quot;:&quot;Competitor density (same category)&quot;,&quot;value&quot;:&quot;Medium Scale&quot;,&quot;description&quot;:&quot;Density of competing malls in Ipoh (e.g., AEON, Ipoh Parade)&quot;},{&quot;label&quot;:&quot;Tenant diversity&quot;,&quot;value&quot;:&quot;High Scale&quot;,&quot;description&quot;:&quot;Variety across F\u0026B, fashion, entertainment categories&quot;},{&quot;label&quot;:&quot;Unique Concepts&quot;,&quot;value&quot;:&quot;Yes&quot;,&quot;description&quot;:&quot;Inclusion of experiential tenants like bouldering and dance academies&quot;}],&quot;Real Estate \u0026 Leasing&quot;:[{&quot;label&quot;:&quot;Gross Leasable Area&quot;,&quot;value&quot;:&quot;92,903 sqm&quot;,&quot;description&quot;:&quot;Total leasable retail space, equivalent to approx 800,000 sq ft&quot;},{&quot;label&quot;:&quot;Number of Levels&quot;,&quot;value&quot;:&quot;5 Levels&quot;,&quot;description&quot;:&quot;Multi-level design for retail and entertainment&quot;},{&quot;label&quot;:&quot;Average rent per square meter&quot;,&quot;value&quot;:&quot;80 RM/sqm/month&quot;,&quot;description&quot;:&quot;Projected average rental rate for prime spaces&quot;},{&quot;label&quot;:&quot;Vacancy rate&quot;,&quot;value&quot;:&quot;3.0&quot;,&quot;description&quot;:&quot;Projected low vacancy upon opening&quot;},{&quot;label&quot;:&quot;Lease term flexibility&quot;,&quot;value&quot;:&quot;Medium Scale&quot;,&quot;description&quot;:&quot;Standard 3-5 year terms with renewal options&quot;},{&quot;label&quot;:&quot;Available retail space&quot;,&quot;value&quot;:&quot;5.0&quot;,&quot;description&quot;:&quot;Initial availability rate post-opening&quot;}],&quot;Accessibility \u0026 Infrastructure&quot;:[{&quot;label&quot;:&quot;Proximity to main roads&quot;,&quot;value&quot;:&quot;1 km&quot;,&quot;description&quot;:&quot;Distance to major highways like North-South Expressway&quot;},{&quot;label&quot;:&quot;Public transport access&quot;,&quot;value&quot;:&quot;High Scale&quot;,&quot;description&quot;:&quot;Bus and future integrated transport links&quot;},{&quot;label&quot;:&quot;Parking spaces&quot;,&quot;value&quot;:&quot;1,500 Spaces&quot;,&quot;description&quot;:&quot;Dedicated parking bays for shoppers&quot;},{&quot;label&quot;:&quot;Pedestrian traffic&quot;,&quot;value&quot;:&quot;High Scale&quot;,&quot;description&quot;:&quot;Walkable integration within Sunway City Ipoh township&quot;}],&quot;Digital \u0026 E-commerce Trends&quot;:[{&quot;label&quot;:&quot;E-commerce competition&quot;,&quot;value&quot;:&quot;High Scale&quot;,&quot;description&quot;:&quot;Strong online retail growth at 16% CAGR in Malaysia&quot;},{&quot;label&quot;:&quot;Click-and-collect adoption&quot;,&quot;value&quot;:&quot;40.0&quot;,&quot;description&quot;:&quot;Projected adoption rate for hybrid shopping models&quot;},{&quot;label&quot;:&quot;Internet penetration&quot;,&quot;value&quot;:&quot;95.0&quot;,&quot;description&quot;:&quot;High broadband access in urban Ipoh&quot;}],&quot;Safety \u0026 Security&quot;:[{&quot;label&quot;:&quot;Retail crime rate&quot;,&quot;value&quot;:&quot;40 Index (100=high)&quot;,&quot;description&quot;:&quot;Moderate crime perception in Ipoh retail areas&quot;},{&quot;label&quot;:&quot;Security measures&quot;,&quot;value&quot;:&quot;Comprehensive Scale&quot;,&quot;description&quot;:&quot;CCTV, auxiliary police, and 24/7 monitoring&quot;}],&quot;Marketing \u0026 Events&quot;:[{&quot;label&quot;:&quot;Promotional events&quot;,&quot;value&quot;:&quot;Multiple Events/year&quot;,&quot;description&quot;:&quot;Seasonal campaigns like EIDisi Manis and Mega Roadshow&quot;},{&quot;label&quot;:&quot;Loyalty program penetration&quot;,&quot;value&quot;:&quot;30.0&quot;,&quot;description&quot;:&quot;Expected uptake of Sunway Pals program&quot;},{&quot;label&quot;:&quot;Digital signage presence&quot;,&quot;value&quot;:&quot;Yes&quot;,&quot;description&quot;:&quot;Interactive digital displays throughout the mall&quot;}],&quot;Growth Potential&quot;:[{&quot;label&quot;:&quot;Projected foot traffic growth&quot;,&quot;value&quot;:&quot;8.0&quot;,&quot;description&quot;:&quot;Anticipated growth aligned with Sunway&#39;s 5-6.5% sales targets&quot;},{&quot;label&quot;:&quot;New tenant pipeline&quot;,&quot;value&quot;:&quot;Strong Scale&quot;,&quot;description&quot;:&quot;95% pre-leased with ongoing additions&quot;},{&quot;label&quot;:&quot;Mall expansion plans&quot;,&quot;value&quot;:&quot;Yes&quot;,&quot;description&quot;:&quot;Integrated with Sunway City Ipoh township development&quot;}]}" data-map-mapbox-token-value="pk.eyJ1Ijoib2NjdXBpIiwiYSI6ImNtZXFkdHZwczBtNjIya215OWVpaGtucXoifQ.xiNo8HmyyKim2YrJ3LdqdQ" data-map-nearby-malls-value="{&quot;primary&quot;:[{&quot;id&quot;:1988,&quot;slug&quot;:&quot;kinta-city-shopping-centre&quot;,&quot;name&quot;:&quot;Kinta City Shopping Centre&quot;,&quot;lat&quot;:&quot;4.613376&quot;,&quot;lng&quot;:&quot;101.118516&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Kinta City Shopping Centre, operating as AEON Mall Kinta City, is located at No. 2, Jalan Teh Lean Swee, off Jalan Sultan Azlan Shah, Ipoh, Perak, Malaysia. Opened in 2000, this three-storey mall encompasses 60,230 square meters, including two retail levels, a cinema, bowling alley, and multi-level parking. It achieves 100% occupancy through a master lease to AEON Co. (M) Bhd, generating RM16.31 million in annual rent at a 7.8% yield. The tenant mix is balanced with anchor AEON supermarket, fashion retailers such as Padini and Bata, F\u0026B options like Kenny Rogers Roasters, Sushi King, Pizza Hut, and Coffee Bean \u0026 Tea Leaf, alongside entertainment, health, and specialty stores. Targeting the Kinta districts 800,000 residents—predominantly middle-income families with monthly spending around RM3,900—the property benefits from solid accessibility and recent RM32 million enhancements improving fixtures and amenities. Leasing advantages include stable income streams, prime suburban positioning in growing Ipoh south, and forthcoming expansion to bolster capacity and attract premium tenants. However, Peraks retail market shows moderate growth at 3-4% CAGR, with challenges from market saturation and economic dependencies on services and manufacturing.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ipoh&quot;},&quot;anchor_tenants&quot;:&quot;AEON Supermarket, GSC Cinema&quot;,&quot;distance&quot;:4.18,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;300&quot;,&quot;gla_sqm&quot;:&quot;49250&quot;,&quot;anchor_tenants&quot;:&quot;AEON Supermarket, GSC Cinema&quot;}}],&quot;secondary&quot;:[{&quot;id&quot;:1201,&quot;slug&quot;:&quot;angsana-ipoh&quot;,&quot;name&quot;:&quot;Angsana Ipoh Mall&quot;,&quot;lat&quot;:&quot;4.60284&quot;,&quot;lng&quot;:&quot;101.09463&quot;,&quot;property_type&quot;:&quot;Neighborhood&quot;,&quot;description&quot;:&quot;Angsana Ipoh Mall, formerly Greentown Mall, is a medium-sized neighbourhood shopping centre located in the heart of Ipoh City Centre, Perak, Malaysia, with a gross leasable area of approximately 343,000 square feet. Opened in the 1990s, it serves as a key retail destination surrounded by offices, government buildings, colleges, and a hospital, enhancing its convenience for daily shoppers. The mall operates daily from 10:00 AM to 10:00 PM and provides over 750 parking bays, though public transport details are limited. Its market position is that of a community-focused hub, particularly noted for mobile and electronic gadgets, attracting local middle-income residents. Tenant mix comprises over 80 outlets across categories including electronics (e.g., Xiaomi, Vivo), health and beauty (Watsons), food and beverage (Western Food outlets), and general retail with both local and international brands. F\u0026B and gadgets form strong pillars, supporting steady patronage. Perak&#39;s retail sector reported an occupancy rate of 87% in 2023-2024, with encouraging footfall recovery post-pandemic driven by F\u0026B attractions. Leasing opportunities include units from 525 to 4,640 square feet, suitable for small to medium retailers. Rental levels in Ipoh range from RM4 to RM18 per square foot for prime spaces, with neighbourhood malls like this seeing stable rates around RM5 to RM12 psf amid 4.5% to 11.5% growth in select areas. Accessibility via Jalan Raja Ashman Shah is strong for vehicular traffic, but competition from larger AEON malls (e.g., AEON Ipoh Station 18, Kinta City) poses risks of footfall diversion to hypermarkets and broader offerings. Demographic profile draws from Ipoh&#39;s 887,711 population (2025 estimate), with Perak&#39;s 2.5 million residents featuring a working-age majority (68.7% in Ipoh Barat), average monthly household spending of RM5,566, and focus on affordable retail. Operational quality remains practical with a vibrant 1990s layout, though aging infrastructure may require updates. Strengths include central location and niche gadget appeal; drawbacks encompass saturation in electronics and weaker draw for high-end fashion compared to regional competitors. Retailers should evaluate lease terms for turnover rent clauses to mitigate risks from market saturation in Perak&#39;s stable but competitive landscape.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ipoh&quot;},&quot;anchor_tenants&quot;:&quot;Econsave, Watsons, Xiaomi&quot;,&quot;distance&quot;:7.06,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;100&quot;,&quot;gla_sqm&quot;:&quot;22000&quot;,&quot;anchor_tenants&quot;:&quot;Econsave, Watsons, Xiaomi&quot;}},{&quot;id&quot;:4812,&quot;slug&quot;:&quot;aeon-mall-falim&quot;,&quot;name&quot;:&quot;Aeon Mall Falim&quot;,&quot;lat&quot;:&quot;4.5814&quot;,&quot;lng&quot;:&quot;101.06198&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Aeon Mall Falim in Ipoh, Perak, Malaysia, operates as a three-level shopping center with 46,500 square meters of gross leasable area, hosting 120 stores since its 2017 opening by AEON Co. (M) Bhd. Anchored by AEON Department Store and AEON BiG, the tenant mix allocates 40% of visits to shopping, 35% to dining, and 25% to home decor, fostering a community-focused retail environment. It serves a primary catchment of 800,000 residents within 10 km, where median household income is 5,500 MYR monthly and per capita retail spending reaches 3,600 USD annually. In Perak&#39;s stable retail market, characterized by 95% average occupancy and recovering footfall driven by F\u0026B sectors, the mall records 6 million annual visitors and 5% projected growth. Leasing benefits encompass competitive 150 MYR per square meter monthly rents, 3-5 year flexible terms, and 5% vacancy rate, bolstered by high accessibility via main roads, good public transport, and 1,500 parking spaces. Risks include high e-commerce competition with 97% internet penetration and a density of 3 malls per 100,000 residents, alongside needs for enhanced family amenities and diverse fashion options to counter market saturation and sustain 2-hour dwell times.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ipoh&quot;},&quot;anchor_tenants&quot;:&quot;AEON Department Store, AEON BiG&quot;,&quot;distance&quot;:11.34,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;120&quot;,&quot;gla_sqm&quot;:&quot;50000&quot;,&quot;anchor_tenants&quot;:&quot;AEON Department Store, AEON BiG&quot;}},{&quot;id&quot;:1200,&quot;slug&quot;:&quot;aeon-ipoh-klebang&quot;,&quot;name&quot;:&quot;Aeon Mall Ipoh Klebang&quot;,&quot;lat&quot;:&quot;4.67746&quot;,&quot;lng&quot;:&quot;101.12313&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Aeon Mall Ipoh Klebang, situated at Lot 12080, Klebang Perdana, 31200 Chemor, Perak, Malaysia, opened on October 21, 2015, as AEONs third shopping center in Ipoh. The four-story property features a gross leasable area of 14,785 square meters and accommodates approximately 150 tenants. The primary anchor is the AEON hypermarket, supporting a balanced tenant mix with fashion brands such as H\u0026M and G2000 comprising about 30% of space, over 35 F\u0026B outlets (around 25%) including Starbucks, KFC, Kenny Rogers Roasters, and local Asian eateries like Boat Noodle, alongside lifestyle, electronics, and sports stores. Entertainment options include TGV Cinemas and family amusement areas. In Ipohs retail landscape, part of Malaysias sector projected to hit USD 125.76 billion in 2025 at a 3.64% CAGR, the mall targets Peraks 2.5 million residents, particularly middle-income families in the 800,000-strong Ipoh metro. Accessibility is favorable via Jalan Kuala Kangsar and nearby highways, with over 1,500 parking bays, though reliance on private vehicles prevails due to sparse public transit. Leasing draws from AEONs group-wide 96.2% occupancy in Q1 2025 and rents of RM4-18 per square foot for prime units, offering stability and footfall from everyday shoppers. Advantages encompass family-oriented vibrancy boosting dwell time and sales potential in F\u0026B/entertainment synergies. Drawbacks include competition from AEON Kinta City and Station 18, F\u0026B category saturation, decade-old infrastructure needing upgrades, and critically, the announced closure on October 20, 2025, indicating underperformance in sales and visitor metrics, posing acute risks to lease continuity and investment returns.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ipoh&quot;},&quot;anchor_tenants&quot;:&quot;AEON Ipoh Klebang Store, H\u0026M, UNIQLO, MANGO, adidas, SKECHERS&quot;,&quot;distance&quot;:6.7,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;150&quot;,&quot;gla_sqm&quot;:&quot;46452&quot;,&quot;anchor_tenants&quot;:&quot;AEON Ipoh Klebang Store, H\u0026M, UNIQLO, MANGO, adidas, SKECHERS&quot;}},{&quot;id&quot;:1199,&quot;slug&quot;:&quot;aeon-ipoh-station-18&quot;,&quot;name&quot;:&quot;Aeon Mall Ipoh Station 18&quot;,&quot;lat&quot;:&quot;4.5457&quot;,&quot;lng&quot;:&quot;101.0703&quot;,&quot;property_type&quot;:&quot;Regional&quot;,&quot;description&quot;:&quot;AEON Mall Ipoh Station 18, situated at No. 2, Susuran Stesen 18, Station 18, 31650 Ipoh, Perak, represents a key suburban retail hub in Ipoh with a gross leasable area of about 72,000 square meters and capacity for 2,000 vehicles in parking. Established in April 2012 as Ipoh largest mall at the time, it completed a full renovation and reopened in June 2025, incorporating contemporary elements such as a pickleball court to attract leisure visitors. The property caters to a catchment of approximately 500,000 residents, encompassing middle-income households in Ipoh suburbs, characterized by demographics including families with children, young professionals aged 25-44, and older adults, supported by Perak state population trends showing steady urban growth. Accessibility relies on connectivity to Jalan Kuala Kangsar and local roads, with a 20-minute drive from Ipoh old town, though public transport options remain limited. Tenant mix emphasizes everyday essentials and lifestyle offerings, anchored by AEON Department Store and Supermarket, complemented by fashion outlets like Cotton On, Padini Concept Store, Charles \u0026 Keith, and Pedro; F\u0026B selections including KFC, Nandos, Starbucks, Sakae Sushi, and Sushi King; plus entertainment, health, and beauty services across 200 units. AEON group occupancy reached 96.2% in early 2025, signaling strong leasing stability amid national retail recovery. In Ipoh competitive environment with peers like AEON Mall Kinta City and AEON Mall Ipoh Klebang, it holds a solid mid-tier position, bolstered by recent upgrades likely elevating footfall beyond pre-renovation levels of regional averages around 5-7 million annual visitors for similar assets. Leasing opportunities feature varied space sizes from kiosks to 10,000 sq ft units at rents approximating RM10-15 per sq ft monthly, per Perak commercial reports, with advantages in turnkey fit-outs and promotional synergies. Drawbacks encompass category saturation in F\u0026B and apparel, potential access bottlenecks during peak hours, and exposure to broader economic pressures on discretionary spending in non-metro markets.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ipoh&quot;},&quot;anchor_tenants&quot;:&quot;AEON Department Store, TGV Cinemas&quot;,&quot;distance&quot;:12.86,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;150&quot;,&quot;gla_sqm&quot;:&quot;72000&quot;,&quot;anchor_tenants&quot;:&quot;AEON Department Store, TGV Cinemas&quot;}},{&quot;id&quot;:7775,&quot;slug&quot;:&quot;ipoh-city-square&quot;,&quot;name&quot;:&quot;Ipoh City Square&quot;,&quot;lat&quot;:&quot;4.568535&quot;,&quot;lng&quot;:&quot;101.1318051&quot;,&quot;property_type&quot;:&quot;Mixed-Use&quot;,&quot;description&quot;:&quot;Ipoh City Square is a mid-sized urban shopping centre located in the heart of Ipoh, Perak, Malaysia, at Jalan Raja Bilah, offering approximately 200,000 square feet of retail space across multiple levels. Opened in the early 2000s, it serves as a convenient hub for local shoppers and office workers in the city centre, with a tenant mix dominated by everyday essentials, fashion outlets, and food and beverage options including local chains like Old Town White Coffee and international brands such as Uniqlo and Guardian. The property benefits from its central position near government offices, residential areas, and tourist attractions like the Ipoh Clock Tower, contributing to steady footfall estimated at 5,000-7,000 visitors daily on weekdays, rising to 10,000 on weekends, supported by high public transport coverage of 50% in Ipoh and access to major highways. Occupancy stands at around 82%, slightly below the Perak average of 84.8%, reflecting stable but competitive market conditions with average rents at RM5 per square foot per month. Leasing advantages include flexible terms for smaller retailers, with base rents ranging from RM4-7 psf and turnover rents for F\u0026B tenants, making it attractive for niche operators targeting middle-income demographics (median household income RM48,000). However, challenges include aging infrastructure requiring maintenance, saturation in the fashion category, and emerging competition from larger developments like the upcoming Sunway Ipoh Mall (opening 2027, 1 million sq ft), which could divert footfall. The surrounding demographic profile features a population of 872,000 with 1.8% growth, median age 30.1 years, and retail spending per capita of RM3,676, indicating a young, employed consumer base (employment rate 96.8%) but moderate spending power. Operational quality is fair, with ample parking and internet penetration at 98%, though access issues during peak hours and weak performance in luxury segments pose risks. Overall, it positions as a practical choice for community-oriented retail but requires strategic tenant curation to counter market pressures from e-commerce (25% penetration) and new supply.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ipoh&quot;},&quot;anchor_tenants&quot;:&quot;Local street vendors, nearby cafes&quot;,&quot;distance&quot;:6.82,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;150&quot;,&quot;gla_sqm&quot;:&quot;30000&quot;,&quot;anchor_tenants&quot;:&quot;Local street vendors, nearby cafes&quot;}},{&quot;id&quot;:1198,&quot;slug&quot;:&quot;ipoh-parade&quot;,&quot;name&quot;:&quot;Ipoh Parade&quot;,&quot;lat&quot;:&quot;4.59639&quot;,&quot;lng&quot;:&quot;101.09&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Ipoh Parade is an established shopping mall located in the heart of Ipoh, Perak, Malaysia, a historic city known for its culinary heritage and growing tourism. Opened in 1995, it spans a net leasable area of approximately 626,927 square feet across five levels, featuring 215 retail units with an occupancy rate of 99.4% as of November 2025, indicating robust demand and minimal vacancies. The mall serves as a key retail destination for Ipohs urban population of around 872,000, including middle-income households with median income near RM4,800 monthly, and attracts regional tourists drawn to the citys food scene. Anchor tenants include Parkson department store, Jaya Grocer supermarket, Golden Screen Cinemas, Guardian pharmacy, and Mr. DIY hardware, providing a balanced tenant mix with about 40% fashion and apparel, 25% F\u0026B outlets offering local and international cuisine, 15% electronics and lifestyle stores, and the remainder in services, entertainment, and leisure. Accessibility is strong via central location on Jalan Gopeng, near major roads and public transport, though parking can be constrained during peak hours. In the Ipoh retail market, which has seen steady growth with overall mall occupancy around 80-90%, Ipoh Parade holds a solid position as one of the busier centers, benefiting from consistent footfall estimated at moderate levels for secondary cities, supported by events and promotions. Leasing advantages include competitive base rents averaging RM20-30 per square foot for prime spaces, flexible terms with turnover rents, and low operational risks due to high stability, though retailers should note potential saturation from emerging competitors. Drawbacks involve the malls age leading to occasional maintenance needs and competition from newer developments impacting category-specific performance in fashion and electronics.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ipoh&quot;},&quot;anchor_tenants&quot;:&quot;Parkson, Golden Screen Cinemas, Jaya Grocer, Guardian, Mr DIY&quot;,&quot;distance&quot;:7.82,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;215&quot;,&quot;gla_sqm&quot;:&quot;58243&quot;,&quot;anchor_tenants&quot;:&quot;Parkson, Golden Screen Cinemas, Jaya Grocer, Guardian, Mr DIY&quot;}}],&quot;outside&quot;:[]}" data-map-update-url-value="/malls/sunway-ipoh" id="mall-map-wrapper"><div data-city="Ipoh" data-current-mall="true" data-id="sunway-ipoh" data-lat="4.6257" data-lng="101.1541" data-map-target="mall" data-name="Sunway Ipoh 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">10 km</div><div class="stat-label">Primary Catchment Area</div></div><div class="stat-card"><div class="stat-value">30 km</div><div class="stat-label">Secondary Catchment Area</div></div><div class="stat-card"><div class="stat-value">750,000 People</div><div class="stat-label">Catchment area population</div></div><div class="stat-card"><div class="stat-value">1.2</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">6,500 RM/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">55 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">3,000 RM/year</div><div class="stat-label">Retail spending per capita</div></div><div class="stat-card"><div class="stat-value">600 RM/year</div><div class="stat-label">Spending on apparel</div></div><div class="stat-card"><div class="stat-value">2,000 RM/year</div><div class="stat-label">Spending on groceries</div></div><div class="stat-card"><div class="stat-value">500 RM/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/year</div><div class="stat-label">Annual foot traffic</div></div><div class="stat-card"><div class="stat-value">90 Minutes</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">1,500 RM/sqm/year</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">250 Stores</div><div class="stat-label">Number of retail stores</div></div><div class="stat-card"><div class="stat-value">Yes</div><div class="stat-label">Anchor tenant presence</div></div><div class="stat-card"><div class="stat-value">Medium Scale</div><div class="stat-label">Competitor density (same category)</div></div><div class="stat-card"><div class="stat-value">High Scale</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">92,903 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">80 RM/sqm/month</div><div class="stat-label">Average rent per square meter</div></div><div class="stat-card"><div class="stat-value">3.0</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">1 km</div><div class="stat-label">Proximity to main roads</div></div><div class="stat-card"><div class="stat-value">High Scale</div><div class="stat-label">Public transport access</div></div><div class="stat-card"><div class="stat-value">1,500 Spaces</div><div class="stat-label">Parking spaces</div></div><div class="stat-card"><div class="stat-value">High Scale</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 Scale</div><div class="stat-label">E-commerce competition</div></div><div class="stat-card"><div class="stat-value">40.0</div><div class="stat-label">Click-and-collect adoption</div></div><div class="stat-card"><div class="stat-value">95.0</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">40 Index (100=high)</div><div class="stat-label">Retail crime rate</div></div><div class="stat-card"><div class="stat-value">Comprehensive Scale</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 Events/year</div><div class="stat-label">Promotional events</div></div><div class="stat-card"><div class="stat-value">30.0</div><div class="stat-label">Loyalty program penetration</div></div><div class="stat-card"><div class="stat-value">Yes</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">8.0</div><div class="stat-label">Projected foot traffic growth</div></div><div class="stat-card"><div class="stat-value">Strong Scale</div><div class="stat-label">New tenant pipeline</div></div><div class="stat-card"><div class="stat-value">Yes</div><div class="stat-label">Mall expansion plans</div></div></div></div></div></div></div></template></turbo-stream>