<turbo-stream action="replace" target="mall-map-wrapper"><template><div data-controller="map" data-lat="1.5525" data-lng="110.348" data-map-catchment-data-value="{&quot;lat&quot;:&quot;1.5525&quot;,&quot;lng&quot;:&quot;110.348&quot;,&quot;primary_radius&quot;:5.0,&quot;secondary_radius&quot;:15.0,&quot;population&quot;:400000}" data-map-demographic-summary-value="{&quot;Mall Demographics&quot;:[{&quot;label&quot;:&quot;Primary Catchment Area&quot;,&quot;value&quot;:&quot;5 km Radius&quot;,&quot;description&quot;:&quot;Core area within walking or short drive distance, city center location in Kuching&quot;},{&quot;label&quot;:&quot;Secondary Catchment Area&quot;,&quot;value&quot;:&quot;10 km Radius&quot;,&quot;description&quot;:&quot;Extended area including greater Kuching suburbs&quot;},{&quot;label&quot;:&quot;Catchment area population&quot;,&quot;value&quot;:&quot;400,000 People&quot;,&quot;description&quot;:&quot;Estimated population within 10-km radius based on Kuching district data of 609,205 total&quot;},{&quot;label&quot;:&quot;Population growth rate&quot;,&quot;value&quot;:&quot;1.5&quot;,&quot;description&quot;:&quot;Annual growth rate for Sarawak region, aligned with national 1.18% but slightly higher due to urban migration&quot;},{&quot;label&quot;:&quot;Median age&quot;,&quot;value&quot;:&quot;32 Years&quot;,&quot;description&quot;:&quot;Median age in Kuching urban area, slightly above national 31 years&quot;},{&quot;label&quot;:&quot;Household size&quot;,&quot;value&quot;:&quot;4.0 Persons&quot;,&quot;description&quot;:&quot;Average household size in Sarawak urban 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 urban Kuching&quot;}],&quot;Economic Indicators&quot;:[{&quot;label&quot;:&quot;Median household income&quot;,&quot;value&quot;:&quot;5,500 MYR per month&quot;,&quot;description&quot;:&quot;Estimated median income for Kuching households, below national average of 7,000 MYR&quot;},{&quot;label&quot;:&quot;Unemployment rate&quot;,&quot;value&quot;:&quot;3.5&quot;,&quot;description&quot;:&quot;Unemployment rate in Sarawak, close to national 3.3%&quot;},{&quot;label&quot;:&quot;Cost of living index&quot;,&quot;value&quot;:&quot;85 Index (Malaysia=100)&quot;,&quot;description&quot;:&quot;Cost of living in Kuching relative to national average&quot;}],&quot;Consumer Spending&quot;:[{&quot;label&quot;:&quot;Retail spending per capita&quot;,&quot;value&quot;:&quot;3,800 USD per year&quot;,&quot;description&quot;:&quot;Annual retail spending per person in Malaysia, applied to Kuching&quot;},{&quot;label&quot;:&quot;Spending on apparel&quot;,&quot;value&quot;:&quot;164 USD per person&quot;,&quot;description&quot;:&quot;Per capita apparel spending in Malaysia for 2025&quot;},{&quot;label&quot;:&quot;Spending on groceries&quot;,&quot;value&quot;:&quot;1,200 USD per person&quot;,&quot;description&quot;:&quot;Estimated annual grocery spending per capita based on food retail growth of 9.5%&quot;},{&quot;label&quot;:&quot;Spending on electronics&quot;,&quot;value&quot;:&quot;500 USD per person&quot;,&quot;description&quot;:&quot;Estimated electronics spending per capita with 3.6% growth&quot;}],&quot;Mall Traffic \u0026 Performance&quot;:[{&quot;label&quot;:&quot;Annual foot traffic&quot;,&quot;value&quot;:&quot;1,500,000 Visitors&quot;,&quot;description&quot;:&quot;Estimated yearly visitors for small city center mall of 140,000 sq ft&quot;},{&quot;label&quot;:&quot;Dwell time&quot;,&quot;value&quot;:&quot;1.5 Hours&quot;,&quot;description&quot;:&quot;Average time spent by visitors in similar community malls&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, standard for mid-tier malls&quot;},{&quot;label&quot;:&quot;Sales per square meter&quot;,&quot;value&quot;:&quot;7,500 MYR per year&quot;,&quot;description&quot;:&quot;Annual sales per sq m, estimated for Malaysian retail spaces&quot;}],&quot;Competition \u0026 Tenant Mix&quot;:[{&quot;label&quot;:&quot;Number of retail stores&quot;,&quot;value&quot;:&quot;25 Stores&quot;,&quot;description&quot;:&quot;Approximate number of tenants in the 140,000 sq ft mall&quot;},{&quot;label&quot;:&quot;Anchor tenant presence&quot;,&quot;value&quot;:&quot;Yes Presence&quot;,&quot;description&quot;:&quot;Pullman Hotel serves as major anchor with integrated access&quot;},{&quot;label&quot;:&quot;Competitor density (same category)&quot;,&quot;value&quot;:&quot;5 Malls per 100,000 pop&quot;,&quot;description&quot;:&quot;Competing malls in Kuching area relative to population&quot;},{&quot;label&quot;:&quot;Tenant diversity&quot;,&quot;value&quot;:&quot;Medium Level&quot;,&quot;description&quot;:&quot;Mix of fashion, lifestyle, and dining tenants&quot;},{&quot;label&quot;:&quot;Unique Concepts&quot;,&quot;value&quot;:&quot;Lifestyle Hub Type&quot;,&quot;description&quot;:&quot;Re-transformed in 2019 to community lifestyle focus&quot;}],&quot;Real Estate \u0026 Leasing&quot;:[{&quot;label&quot;:&quot;Gross Leasable Area&quot;,&quot;value&quot;:&quot;12,000 sqm&quot;,&quot;description&quot;:&quot;GLA converted from 140,000 sq ft&quot;},{&quot;label&quot;:&quot;Number of Levels&quot;,&quot;value&quot;:&quot;2 Levels&quot;,&quot;description&quot;:&quot;Two-storey structure&quot;},{&quot;label&quot;:&quot;Average rent per square meter&quot;,&quot;value&quot;:&quot;150 MYR per month&quot;,&quot;description&quot;:&quot;Typical retail rent in Kuching city center&quot;},{&quot;label&quot;:&quot;Vacancy rate&quot;,&quot;value&quot;:&quot;25.0&quot;,&quot;description&quot;:&quot;Estimated vacancy for small Kuching malls, higher than national 18.8%&quot;},{&quot;label&quot;:&quot;Lease term flexibility&quot;,&quot;value&quot;:&quot;High Level&quot;,&quot;description&quot;:&quot;Flexible terms for community mall to attract tenants&quot;},{&quot;label&quot;:&quot;Available retail space&quot;,&quot;value&quot;:&quot;3,250 sq m&quot;,&quot;description&quot;:&quot;20% of GLA available based on vacancy&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 in heart of Kuching with easy road access&quot;},{&quot;label&quot;:&quot;Public transport access&quot;,&quot;value&quot;:&quot;High Level&quot;,&quot;description&quot;:&quot;Good bus and taxi connectivity in city center&quot;},{&quot;label&quot;:&quot;Parking spaces&quot;,&quot;value&quot;:&quot;500 Spaces&quot;,&quot;description&quot;:&quot;Estimated parking for small mall size&quot;},{&quot;label&quot;:&quot;Pedestrian traffic&quot;,&quot;value&quot;:&quot;High Level&quot;,&quot;description&quot;:&quot;Strong foot traffic in urban Kuching location&quot;}],&quot;Digital \u0026 E-commerce Trends&quot;:[{&quot;label&quot;:&quot;E-commerce competition&quot;,&quot;value&quot;:&quot;High Level&quot;,&quot;description&quot;:&quot;Strong online retail presence in Malaysia&quot;},{&quot;label&quot;:&quot;Click-and-collect adoption&quot;,&quot;value&quot;:&quot;50.0&quot;,&quot;description&quot;:&quot;Adoption rate in Malaysian malls for hybrid shopping&quot;},{&quot;label&quot;:&quot;Internet penetration&quot;,&quot;value&quot;:&quot;92.0&quot;,&quot;description&quot;:&quot;Internet usage in urban Sarawak&quot;}],&quot;Safety \u0026 Security&quot;:[{&quot;label&quot;:&quot;Retail crime rate&quot;,&quot;value&quot;:&quot;Low Level&quot;,&quot;description&quot;:&quot;Generally low retail crime in Kuching&quot;},{&quot;label&quot;:&quot;Security measures&quot;,&quot;value&quot;:&quot;CCTV and Guards Measures&quot;,&quot;description&quot;:&quot;Standard security including surveillance and personnel&quot;}],&quot;Marketing \u0026 Events&quot;:[{&quot;label&quot;:&quot;Promotional events&quot;,&quot;value&quot;:&quot;Monthly Frequency&quot;,&quot;description&quot;:&quot;Regular events as community hub&quot;},{&quot;label&quot;:&quot;Loyalty program penetration&quot;,&quot;value&quot;:&quot;30.0&quot;,&quot;description&quot;:&quot;Estimated participation in mall loyalty programs&quot;},{&quot;label&quot;:&quot;Digital signage presence&quot;,&quot;value&quot;:&quot;Yes Presence&quot;,&quot;description&quot;:&quot;Modern digital displays in lifestyle-oriented mall&quot;}],&quot;Growth Potential&quot;:[{&quot;label&quot;:&quot;Projected foot traffic growth&quot;,&quot;value&quot;:&quot;2.0&quot;,&quot;description&quot;:&quot;Expected growth aligned with regional retail recovery&quot;},{&quot;label&quot;:&quot;New tenant pipeline&quot;,&quot;value&quot;:&quot;Ongoing Status&quot;,&quot;description&quot;:&quot;Active recruitment for underutilized spaces&quot;},{&quot;label&quot;:&quot;Mall expansion plans&quot;,&quot;value&quot;:&quot;nan Plans&quot;,&quot;description&quot;:&quot;No announced expansion for this small mall&quot;}]}" data-map-mapbox-token-value="pk.eyJ1Ijoib2NjdXBpIiwiYSI6ImNtZXFkdHZwczBtNjIya215OWVpaGtucXoifQ.xiNo8HmyyKim2YrJ3LdqdQ" data-map-nearby-malls-value="{&quot;primary&quot;:[{&quot;id&quot;:2587,&quot;slug&quot;:&quot;the-hills-shopping-mall&quot;,&quot;name&quot;:&quot;The Hills Shopping Mall&quot;,&quot;lat&quot;:&quot;1.555415&quot;,&quot;lng&quot;:&quot;110.351173&quot;,&quot;property_type&quot;:&quot;Neighborhood&quot;,&quot;description&quot;:&quot;The Hills Shopping Mall, located at 8 Jalan Bukit Mata in central Kuching, Sarawak, Malaysia, occupies 140,000 square feet over two storeys. Reimagined in 2019 from a traditional retail space to a community lifestyle hub, it integrates The Grounds for events, Food Haven with 12 stalls, and Food Lounge. Tenant mix encompasses Goceli Supermarket for essentials and groceries, diverse F\u0026B including Zus Coffee, Ding Tea, Potato Story, and international cuisines; retail anchors like Mr. DIY, Toys \&quot;R\&quot; Us, and fashion outlets such as MNG, Alfred Dunhill, Emilio Valentino, and Button Up; plus co-working areas, karaoke (Fun Hut), nail services (NM Nails), and pop-up event spaces. In Kuching&#39;s retail market, characterized by 63% average occupancy and rising competition from larger venues like Vivacity Megamall and The Spring, The Hills positions as a neighborhood-focused destination attracting urban dwellers. Leasing advantages feature central accessibility via major roads, synergy from mixed-use tenants boosting cross-shopping, and flexible terms amid post-pandemic recovery. Drawbacks include vulnerability to footfall shifts toward experiential mega-malls, potential rent pressures from economic slowdowns, and need for infrastructure upgrades to sustain appeal in a saturated market with e-commerce encroachment.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Kuching&quot;},&quot;anchor_tenants&quot;:&quot;Goceli Supermarket&quot;,&quot;distance&quot;:0.48,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;80&quot;,&quot;gla_sqm&quot;:&quot;10000&quot;,&quot;anchor_tenants&quot;:&quot;Goceli Supermarket&quot;}},{&quot;id&quot;:1209,&quot;slug&quot;:&quot;the-spring-kuching&quot;,&quot;name&quot;:&quot;The Spring Kuching&quot;,&quot;lat&quot;:&quot;1.535619&quot;,&quot;lng&quot;:&quot;110.357612&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;The Spring Shopping Mall, situated along Persiaran Spring in Kuching, Sarawak, opened in January 2008 and offers 420,000 square feet of gross leasable area across four levels, accommodating 139 retail outlets. It serves as a prominent retail hub in the city, approximately 15 minutes by car from the central business district and Kuching International Airport, with connectivity via public buses K8 and K11, a pedestrian bridge to neighboring ST3 Mall, and planned integration with the Kuching Urban Transportation System Blue Line for improved mass transit access. The tenant mix is balanced, with fashion and apparel comprising key anchors such as H\u0026M, Uniqlo, Padini Concept Store, and international brands like Levi’s, Cotton On, and Coach, representing about 40% of space. Lifestyle and beauty sectors feature MUJI, Sephora, Bath \u0026 Body Works, Watsons, and jewelry from Pandora and Habib, while F\u0026B occupies 20% with FoodBazaar, Starbucks, KFC, Nando’s, and Secret Recipe. Entertainment includes GSC Cinemas with eight screens, and Ta Kiong Supermarket provides grocery options. In Kuching retail market, total space reached 10.19 million square feet by mid-2019, with ongoing expansion pressuring occupancy to an average 63% in 2024; The Spring stands at 60%, indicating stable but challenged performance amid recovering footfall at 75% of pre-pandemic levels, fueled by F\u0026B and events. Demographic draw includes urban middle-class families, young professionals from nearby Swinburne University, and tourists in a 600,000-resident metro area with 3.64% retail CAGR to 2030. Leasing benefits encompass flexible terms and rents of RM 8-12 per square foot, but risks involve competition from larger rivals like Vivacity Megamall and AEON, potential infrastructure aging, and market saturation in fashion categories.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Kuching&quot;},&quot;anchor_tenants&quot;:&quot;GSC Cinemas,H\u0026M,MUJI,Padini Concept Store,Uniqlo,Ta Kiong Supermarket&quot;,&quot;distance&quot;:2.16,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;180&quot;,&quot;gla_sqm&quot;:&quot;39000&quot;,&quot;anchor_tenants&quot;:&quot;GSC Cinemas,H\u0026M,MUJI,Padini Concept Store,Uniqlo,Ta Kiong Supermarket&quot;}},{&quot;id&quot;:2966,&quot;slug&quot;:&quot;aeon-mall-kuching-central&quot;,&quot;name&quot;:&quot;Aeon Mall Kuching Central&quot;,&quot;lat&quot;:&quot;1.5279&quot;,&quot;lng&quot;:&quot;110.3373&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;AEON Mall Kuching Central, situated at Jalan Tun Ahmad Zaidi Adruce in Kuching, Sarawak, opened in April 2018 as AEONs first property in East Malaysia and the 27th nationwide. Covering 1.6 million square feet of gross built-up area over three retail levels with approximately 1,600 parking spaces across four levels, it targets suburban communities in Third Mile and Batu Kawa, 25 minutes from central Kuching. The tenant mix features anchor AEON Supermarket and Department Store on the northern end, mini-anchors including Uniqlo and Brands Outlet, fashion and accessories stores, home goods, and services. FandB diversity includes international chains like Starbucks, Pizza Hut, Kenny Rogers Roasters, Secret Recipe, and local halal options in a dedicated food court, alongside entertainment such as K11 Karaoke and Molly Fantasy World childrens play area. In Kuchings retail landscape, with 2024 occupancy averaging 76.8percent across Sarawak malls, this property leverages AEONs established brand for family-oriented traffic from a demographic of 600,000 metro residents, predominantly middle-income households earning MYR 5,000-7,000 monthly, including Malay, Chinese, and indigenous groups. Leasing advantages encompass multi-scheme rent structures with competitive base rates around MYR 10-15 per square foot, supported by positive rent reversions and high operational standards like atriums and WiFi seating. Drawbacks involve car-dependent access via Stapok Road, lacking robust public transit, and vulnerability to e-commerce shifts reducing physical visits.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Kuching&quot;},&quot;anchor_tenants&quot;:&quot;AEON Supermarket, Uniqlo, Brands Outlet, H\u0026M&quot;,&quot;distance&quot;:2.98,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;120&quot;,&quot;gla_sqm&quot;:&quot;52000&quot;,&quot;anchor_tenants&quot;:&quot;AEON Supermarket, Uniqlo, Brands Outlet, H\u0026M&quot;}},{&quot;id&quot;:1984,&quot;slug&quot;:&quot;the-spring-shopping-mall&quot;,&quot;name&quot;:&quot;The Spring Shopping Mall&quot;,&quot;lat&quot;:&quot;1.532&quot;,&quot;lng&quot;:&quot;110.342&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;The Spring Shopping Mall, located at Persiaran Spring in Kuching, Sarawak, Malaysia, is a prominent retail destination opened in 2011 with approximately 1.2 million square feet of gross leasable area. It serves as a key shopping hub in the region, attracting a diverse mix of local shoppers and tourists. The mall features over 200 tenants, including anchor stores such as Parkson Department Store, Aeon Big hypermarket, and Golden Screen Cinemas, alongside a balanced tenant mix of fashion outlets like H\u0026M and Uniqlo, dining options exceeding 50 eateries, and entertainment facilities. Market positionally, it holds a leading role in Kuching&#39;s retail landscape, benefiting from strong footfall driven by its modern design and central location near residential and commercial districts. Occupancy rates have historically been high, around 95-98% as per 2017 reports, outperforming the Kuching average of 70%. Rent levels for prime spaces range from RM10 to RM20 per square foot per month, reflecting stable demand. Accessibility is enhanced by proximity to major roads and public transport, though traffic congestion during peak hours poses minor challenges. Demographic profile includes middle to upper-middle-class families aged 25-55, with growing tourist influx from Borneo region. Leasing advantages include high visibility, robust sales potential from consistent footfall estimated at over 5 million annual visitors, and supportive management for tenant promotions. However, increasing competition from newer developments like VivaCity Megamall may pressure occupancy, and regional economic factors such as oil dependency in Sarawak could impact consumer spending. Overall, it offers solid performance metrics but requires careful evaluation of category-specific saturation in fashion and F\u0026B segments.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Kuching&quot;},&quot;anchor_tenants&quot;:&quot;Parkson, Ta Kiong Supermarket, GSC Cinemas, H\u0026M, Uniqlo, Padini&quot;,&quot;distance&quot;:2.38,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;150&quot;,&quot;gla_sqm&quot;:&quot;39000&quot;,&quot;anchor_tenants&quot;:&quot;Parkson, Ta Kiong Supermarket, GSC Cinemas, H\u0026M, Uniqlo, Padini&quot;}},{&quot;id&quot;:1207,&quot;slug&quot;:&quot;city-one-megamall&quot;,&quot;name&quot;:&quot;City One Megamall&quot;,&quot;lat&quot;:&quot;1.5205&quot;,&quot;lng&quot;:&quot;110.3552&quot;,&quot;property_type&quot;:null,&quot;description&quot;:&quot;City One Megamall, situated at No.1 Jalan Song in central Kuching, Sarawak, Malaysia, forms part of a 1.5 million square foot mixed-use development completed in 2011, allocating 650,000 square feet to net retail space over four levels with capacity for 400 outlets. It serves as a mid-tier shopping venue targeting local residents, featuring anchor tenants including Golden Screen Cinemas on the third floor for entertainment draw, Everrise Supermarket on the ground floor for grocery needs, and SSF on the first floor for fashion. The tenant mix spans categories such as apparels, banking and financial services, beauty and salons, education centers, fashion accessories and gifts, food and beverage outlets, health and pharmacy, home furnishings, IT and electronics, jewelry, kids and toys, optical services, general services, sports and leisure, and stationery shops, promoting a balanced but unremarkable variety focused on daily essentials and family activities. In Kuchings retail landscape, marked by rapid supply expansion since the 2010s, the mall holds a secondary position amid intensified competition, with Sarawak shopping center occupancy averaging 76.8% as of third quarter 2024 per Henry Butcher reports, though City One reportedly contends with elevated vacancies around 25-30% based on local observations from early 2025. Leasing advantages encompass competitive base rents estimated at RM4 to RM7 per square foot monthly for comparable secondary spaces, coupled with incentives like initial rent abatements and flexible terms to attract occupants, alongside a central locale enhancing visibility. Drawbacks include softening market dynamics, with footfall recovering to about 75% of pre-pandemic norms yet trailing premium rivals like The Spring and VivaCity Megamall, which boast stronger tenant lineups and modern amenities. The propertys demographic catchment draws from Kuchings 609,000 metropolitan population, diverse with 69% Bumiputera, 24% Chinese, and indigenous groups, exhibiting moderate retail expenditure tied to oil and gas economic cycles, averaging RM5,000 monthly household incomes. Operational aspects reveal strengths in parking availability but weaknesses in infrastructure upkeep and category vitality, posing risks of co-tenancy dependencies and subdued sales performance for non-anchor retailers.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Kuching&quot;},&quot;anchor_tenants&quot;:&quot;Kenbest Sdn Bhd&quot;,&quot;distance&quot;:3.65,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;400&quot;,&quot;gla_sqm&quot;:&quot;4&quot;,&quot;anchor_tenants&quot;:&quot;Kenbest Sdn Bhd&quot;}},{&quot;id&quot;:1208,&quot;slug&quot;:&quot;vivacity-megamall&quot;,&quot;name&quot;:&quot;Vivacity Megamall&quot;,&quot;lat&quot;:&quot;1.5276&quot;,&quot;lng&quot;:&quot;110.3681&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Vivacity Megamall, opened in November 2015 and developed by Coramax Property, stands as Sarawaks largest retail destination with a gross floor area of 1.3 million square feet and 820,000 square feet of lettable space across five levels in Tabuan Jaya, Kuching. Positioned 10 minutes from the city center on Jalan Wan Alwi, it benefits from proximity to high-income neighborhoods and integrated residential Jazz Suites offering 672 units and a daily catchment of at least 2,000 residents. The tenant mix features anchors like Parkson department store, TGV Cinemas with eight screens, Harvey Norman for electronics and furniture, Everrise supermarket, and over 300 international, regional, and local brands, complemented by two food courts showcasing Kuching culinary options. Occupancy exceeds 90 percent, surpassing the Kuching average of around 70 percent, with footfall recovering to match or exceed 2019 levels amid rising eco-tourism. Rent levels align with premium positioning, estimated at RM10-15 per square foot monthly for prime spaces, supported by strong operational quality including modern infrastructure designed by Archicentre. Leasing advantages include high visibility in a growing market with Sarawaks 2.8 million population and Kuchings 600,000 metropolitan residents, but challenges arise from intermittent traffic congestion on access roads and increasing competition from rivals like The Spring and AEON Mall, potentially pressuring secondary tenant categories. Demographic profile favors middle-income households earning RM3,000-8,000 monthly, with a balanced age distribution of 35 percent under 25 and 40 percent aged 25-54, driving demand for fashion, F\u0026B, and entertainment. Overall, it offers stable performance for retailers targeting urban families, though saturation in value segments warrants careful category selection.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Kuching&quot;},&quot;anchor_tenants&quot;:&quot;Parkson, Harvey Norman, TGV Cinemas, Everrise&quot;,&quot;distance&quot;:3.56,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;350&quot;,&quot;gla_sqm&quot;:&quot;120774&quot;,&quot;anchor_tenants&quot;:&quot;Parkson, Harvey Norman, TGV Cinemas, Everrise&quot;}}],&quot;secondary&quot;:[{&quot;id&quot;:1210,&quot;slug&quot;:&quot;boulevard-shopping&quot;,&quot;name&quot;:&quot;Boulevard Shopping Mall&quot;,&quot;lat&quot;:&quot;1.508889&quot;,&quot;lng&quot;:&quot;110.336111&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Boulevard Shopping Mall in Kuching, Sarawak, Malaysia, spans 1.7 million square feet of retail space, established in 2007 with a major expansion in 2012 that positioned it as Sarawaks largest lifestyle destination. Located five minutes from Kuching International Airport, it draws a primary catchment of over 230,000 middle- to high-income residents within a five-mile radius, augmented by airport passenger traffic averaging 3-4 million annually. The tenant mix comprises over 230 outlets across themed zones: Stylish Avenue for apparel and accessories, Enchanter Boulevard for beauty and wellness, Savory for 20+ dining options, Gizmo Zone for gadgets, and Harajuku Mode for youth fashion, anchored by the Boulevard Hypermarket and Department Store. Complementary amenities include a skating rink, cinema, and integrated four-star Imperial Hotel with apartment suites, fostering extended dwell times. In Kuchings competitive retail market, Boulevard maintains a notable presence amid rapid supply growth, with city-wide occupancy averaging 63% in 2025 due to oversupply from rivals like The Spring and VivaCity. Leasing advantages encompass prime accessibility for impulse buys from travelers, diverse mix driving 20-30% cross-shopping, and flexible event spaces for brand activations. Drawbacks involve 60% occupancy at Boulevard, pressuring rents to RM 10-15 per square foot monthly, and vulnerability to tourism fluctuations impacting footfall, estimated at 5-7 million visitors yearly based on historical benchmarks. Operational strengths include modern themed layouts, though the aging 2007 core requires upkeep, and e-commerce competition erodes non-essential categories. Overall, it suits retailers targeting affluent locals and tourists in fashion, F\u0026B, and leisure, with balanced risk from market saturation.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Kuching&quot;},&quot;anchor_tenants&quot;:&quot;Boulevard Hypermarket, Emart&quot;,&quot;distance&quot;:5.03,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;230&quot;,&quot;gla_sqm&quot;:&quot;157935&quot;,&quot;anchor_tenants&quot;:&quot;Boulevard Hypermarket, Emart&quot;}}],&quot;outside&quot;:[]}" data-map-update-url-value="/malls/the-hills-shopping-centre" id="mall-map-wrapper"><div data-city="Kuching" data-current-mall="true" data-id="the-hills-shopping-centre" data-lat="1.5525" data-lng="110.348" data-map-target="mall" data-name="The Hills Shopping Centre" 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</div><div class="stat-label">Primary Catchment Area</div></div><div class="stat-card"><div class="stat-value">10 km Radius</div><div class="stat-label">Secondary Catchment Area</div></div><div class="stat-card"><div class="stat-value">400,000 People</div><div class="stat-label">Catchment area population</div></div><div class="stat-card"><div class="stat-value">1.5</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">5,500 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">85 Index (Malaysia=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">3,800 USD per year</div><div class="stat-label">Retail spending per capita</div></div><div class="stat-card"><div class="stat-value">164 USD per person</div><div class="stat-label">Spending on apparel</div></div><div class="stat-card"><div class="stat-value">1,200 USD per person</div><div class="stat-label">Spending on groceries</div></div><div class="stat-card"><div class="stat-value">500 USD per person</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">1,500,000 Visitors</div><div class="stat-label">Annual foot traffic</div></div><div class="stat-card"><div class="stat-value">1.5 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 per 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">25 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">5 Malls per 100,000 pop</div><div class="stat-label">Competitor density (same category)</div></div><div class="stat-card"><div class="stat-value">Medium Level</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">12,000 sqm</div><div class="stat-label">Gross Leasable Area</div></div><div class="stat-card"><div class="stat-value">2 Levels</div><div class="stat-label">Number of Levels</div></div><div class="stat-card"><div class="stat-value">150 MYR per month</div><div class="stat-label">Average rent per square meter</div></div><div class="stat-card"><div class="stat-value">25.0</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 Level</div><div class="stat-label">Public transport access</div></div><div class="stat-card"><div class="stat-value">500 Spaces</div><div class="stat-label">Parking spaces</div></div><div class="stat-card"><div class="stat-value">High Level</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 Level</div><div class="stat-label">E-commerce competition</div></div><div class="stat-card"><div class="stat-value">50.0</div><div class="stat-label">Click-and-collect adoption</div></div><div class="stat-card"><div class="stat-value">92.0</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">Low Level</div><div class="stat-label">Retail crime rate</div></div><div class="stat-card"><div class="stat-value">CCTV and 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">Monthly Frequency</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 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">2.0</div><div class="stat-label">Projected foot traffic growth</div></div><div class="stat-card"><div class="stat-value">Ongoing Status</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>