Retail News CRM

Tag: KLCC

  • Ombak KLCC Mall to Ignite Kuala Lumpur Retail Scene with Grand Opening

    Ombak KLCC Mall to Ignite Kuala Lumpur Retail Scene with Grand Opening

    The retail market of Kuala Lumpur is poised to welcome another addition. Ombak KLCC, a new shopping complex, is slated to commence operations from August 21 in the KLCC precinct.

    The project, sprawled across 420,000 square feet, will serve as a host for approximately 120 retail and food & beverage outlets. The tenant composition is diverse, accommodating a range of sectors from coffee and dining to lifestyle, technology, and convenience.

    Moreover, the mall is set to be the fresh location for Galeri Petronas, which will be transitioning from its current position in Suria KLCC. The gallery will open in separate stages, marking a phased transition.

    More than just retail

    Apart from the retail component, Ombak KLCC has a broader appeal with additional features planned to enhance the overall visitor experience. A rooftop garden and open-air plaza have been incorporated in the design, purposed for staging events and facilitating leisure activities. The shopping center is also connected to the wider KLCC precinct, ensuring seamless access to KLCC Park and nearby public transportation links.

    Ombak KLCC is also preparing for a grand inauguration by lining up some significant pop-up attractions. Both Nintendo Pop-Up Store and Pokémon Center Pop-Up Store are slated to be operational from September 12 until the end of the year.

    Questions & Answers

    What is the expected date of Ombak KLCC’s opening?
    Ombak KLCC is scheduled to open on August 21.

    What kind of tenants will Ombak KLCC house?
    Ombak KLCC will house a mixture of retail and food & beverage outlets spanning various sectors like coffee, dining, lifestyle, technology, and convenience.

    What are some special features of Ombak KLCC?
    Apart from retail stores, Ombak KLCC features a rooftop garden and an open-air plaza designed for events and leisure activities. It is also linked to the wider KLCC precinct, including KLCC Park and nearby public transport connections.

  • Berluti opens first Malaysian store in KL

    Berluti opens first Malaysian store in KL

    French men’s fashion house Berluti has opened Malaysia’s first store in Kuala Lumpur in partnership with Indonesian retail firm Time International.

    Located at Suria KLCC, the Berluti store occupies a 105sqm space, offering a selection of men’s shoes, leather goods, ready-to-wear and accessories.

    The store’s facade features a wooden-patterned wall and a display box showing the latest Berluti collection. The interior design uses a warm brown beige palette to highlight the masculinity elements.

    “The ‘full-grain’ club ambiance flawlessly complements the speakeasy reference of the Patina Wall, a genuine ode to Berluti’s savoir-faire,” the company said in a statement.

    “This store shows our commitment to build and expand the brand’s presence in Malaysia and celebrate the iconic French brand with our clients,” said Irwan Danny Mussry, president and CEO of Time International.

    The store also houses the Fall/Winter 2020 ready-to-wear and accessories collection and the Maison’s first patterned canvas collection designed by Artistic Director Kris Van Assche.

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  • Now’s the time to buy properties

    Now’s the time to buy properties

    The best time to look for properties is now, as the property market picks up from a low base last year, and with a feel-good factor in the air as the industry anticipates new policies from the new government, said Reapfield Properties Sdn Bhd group COO Jonathan Lee.

    “Everybody’s looking for bargains. This is the best time to look. We’ve had the lowest transaction volume since 2012 last year. When you come to that point, what’s going to happen is probably up. Based on new policies, systems and restructuring (by the new government), we’ll have a good reset of the entire systemic approach. This is the right time to be investing,” Lee said in an interview.

    “There will be some adjustment period and in the midst of uncertainties, there are lots of opportunities to explore now.”
    He said although the current scenario is a curveball, it still brings value because the government’s kitchen sinking exercise will positively impact the property market from a systemic point of view.

    “Property is an inelastic product. You cannot build or cut down a lot of things in a short time. Because of the inelasticity, you will see some effect in certain places but it will not be a major impact to the ecosystem. It will change the way developers plan but we don’t see that as a major impact in the short run,” opined Lee.

    He said the sector is anticipating how policymakers will shape the new housing policy (to be announced this month) to dictate the direction of the property market.

    “There is a feel-good factor in the market now where people are more willing to look at the market for their own stay or for investment. We’ve seen some incremental movements due to this.”

    Lee pointed out that one of the challenges in the market is “noises”, where many investors or home buyers are confused about what is good value.

    “A decade ago, Cheras was A price, KLCC was B price and Mont Kiara was C price. There was a fixation of value in certain locations but, today, that has ran a lot, so a property in Cheras, Mont Kiara or Bangsar South could be selling at RM800 psf also. Where is the true value?”

    He said in today’s data-driven world, real-time data is important for the property market, as valuation is based on transactions.
    “If there is more streamlined approach to valuation, where transaction data is real time, then you will see better trends, supply and demand.”

    He said the data in Malaysia is delayed but in markets like Singapore and Hong Kong, there is real-time transaction data that can be retrieved from the local agencies.

    “With data based on transaction volume, price movement, indexes, this will help home buyers, developers, owners, investors to be aligned so you will have more relevant and accurate development and we know what is a good value. A lot of perception is running in the market now. If there’s a systemic way to have cleaner, real-time data, it will be more helpful,” Lee explained.

    He said home ownership in Malaysia is safe, attributed to a solid system, and that the laws that govern the system are well prescribed and codified. “In Malaysia, all ownership of property is undertaken through a registration process. The minute you transfer a title, you have a record of the transaction.”

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  • Prada reopens Suria KLCC store with new collection

    Prada reopens Suria KLCC store with new collection

    Prada Malaysia has reopened its store at Suria KLCC Mall, Kuala Lumpur.

    The Italian luxury fashion brand’s 190 sqm boutique is now located at unit G7 & 7A, on the ground floor.

    Designed with modern interiors of black granite panelling and black and white tiles, the store features men’s and women’s collections, divided into different areas, as well as leather goods, accessories and footwear collections.

    During the opening, Prada has launched its Etiquette Collection exclusive to South Asia (Singapore and Thailand to follow) and Japan.

    The new Etiquette Bag has one center pocket with zipper closure and two inside pockets, sold in four colours – marine blue, black, dusty pink and white.

    The store is also first in Southeast Asia to offer a personalisation service for backpacks and pouches, with up to two initials applied in Saffiano leather.

    Prada currently runs three stores in Malaysia.

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  • Chopard Malaysia reopens Suria KLCC store

    Chopard Malaysia reopens Suria KLCC store

    Chopard Malaysia has reopened its store in Kuala Lumpur, showcasing a refurbished space in Suria KLCC.

    Located on the ground floor of the shopping mall, the boutique is one of three Malaysian stores for the high-end Swiss jeweller, with the other two located in the Starhill Gallery and Pavilion KL.

    Upon entry, a display island sits in the centre of the boutique, crowned by a chandelier, hanging over the cabinet. The new store, which features mid-century wooden colours and diamond-y white lights, is sectioned by both men’s and women’s corners of the store.

    The updated store returns with Chopard’s classic pieces such as Happy Diamonds and Happy Sport, featured alongside the newest Chopard collections, Happy Dreams. The latter is a classy interpretation of cloud shapes, accentuated with diamonds and mother-of-pearl.

    His Excellency the Ambassador of Switzerland Michael Winzap attended the store reopening, alongside Francis Tan, COO of Suria KLCC, and Chopard Malaysia’s general manager Karen Teh.

    Suria KLCC is Malaysia’s premier shopping destination located at Kuala Lumpur prestigious commercial address, the Kuala Lumpur City Centre (KLCC). Set over six levels, it offers an array of goods and services including fashion, food and entertainment.

    Chopard was founded some 160 years ago and remains as one of the last jewellery and watchmakers to be family owned. It is currently helmed by siblings and co-presidents Karl-Friedrich and Caroline Scheufele.

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  • Bulgari Malaysia rolls out new concept in KL

    Bulgari Malaysia rolls out new concept in KL

    Italian jewellery brand Bulgari has opened a store at The Gardens Mall in Kuala Lumpur, and renovated its outlet at KLCC.

    Its new store adapts the brand’s fresh architectural concept by architect Peter Marino, launched in London early this year and being rolled out in key locations internationally. It showcases the brand’s origins within its 95 sqm, echoing a street in Rome.

    Elements of this design are also evident in the renovated and relocated boutique at KLCC. The 143 sqm store draws reinterprets the marble and stone theme typical of Roman buildings.

    Both stores are adorned with Imperial Saffron shantung silk, while the walls are decorated with vintage photo endorsements by celebrities.

    At the new store, a mesh grid surrounds a VIP area.

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