• Mon
  • Dec 29, 2014
  • Updated: 9:08pm

Shopping Mall

China shopping malls to be more profitable than office space: ARA

The number of shopping malls on the mainland may total more than 4,000 by 2015. Photo: SCMP

Shopping malls will surpass office and residential space as the most profitable type of property investment on the mainland over the next two to five years, thanks to the nation's booming middle class and its fast-growing income, says ARA Asset Management, a property investment firm partly owned by Li Ka-shing.

Thursday, 23 May, 2013, 3:31am 3 comments

Popular pub out as Hysan redevelops Causeway Bay's Sunning Plaza

The redeveloped Sunning Plaza (centre) is due to open in 2018. Photo: Nora Tam

Causeway Bay is to lose a popular pub and restaurant on Hoi Ping Road to an office development. Landlord Hysan Development told more than 20 tenants of Sunning Plaza several weeks ago they would have to vacate the buildings in September.

1 May 2013 - 3:44am

More fast-fashion chains move into Shenzhen shopping centres

Luxury shopping malls in Shenzhen provide environments just as attractive as those in Hong Kong for the mainland wealthy. Photo: AFP

The flow of shoppers from Shenzhen to Hong Kong is slowing as more international fast-fashion chains open for business in the border city.

17 Apr 2013 - 5:31am

Letters to the Editor, April 5, 2013

A taxi in San Francisco that runs on biodiesel. Photo: AFP

It is of great concern to note Dr Benny Tai Yiu-ting's Occupy Central proposal, which advocates civil disobedience in case Beijing does not agree with the whims or insecurity of some political parties in Hong Kong.

5 Apr 2013 - 5:46am 2 comments

A taste of Hong Kong amid language row in Canada

Richmond's Aberdeen Centre touts itself as western Canada's "first truly Asian shopping experience", but that does not capture the extent to which it uncannily replicates a middle-class Hong Kong shopping mall.

21 Mar 2013 - 11:06am

Morgan Stanley pays US$1.2b for Russian mall in largest retail purchase

A fund managed by Morgan Stanley acquired Metropolis Shopping and Entertainment Mall from Capital Partners, the Kazakh developer that opened the property in 2009, the bank said.

27 Feb 2013 - 5:04am

Investors cry foul at 'misleading' celebrity advertising

Investors of shopping malls have to check the background and track records of the developers and the property management company. Photo: Xinhua

The investors of Taishan Landmark complained that the 70,000 square metre shopping mall had been largely deserted since it opened in late 2010 because of poor management, and that their investments were going down the drain.

4 Feb 2013 - 4:40am

Malls spend millions on attractions to bring in Lunar New Year shoppers

Pinky, a Major Mitchell's cockatoo that can say "kung hei fat choi," will greet shoppers APM Mall in Kwun Tong. Photo: SCMP

Shopping Mall owners are pining their hopes on securing bumper Lunar New Year sales for their retail tenants next month on a range of attractions for shoppers, including a cockatoo that will welcome visitors with a cheerful "kung hei fat choi" and Disney cartoon characters including Mickey Mouse dressed in Chinese costumes.

9 Jan 2013 - 3:26am

Shops forced out of DNA Galleria offered space in Sai Ying Pun

Retailers kicked out of DNA Galleria mall are being offered space at Second Street Mall (pictured) in Sai Ying Pun. Photo: Nora Tam

The landlord of a small shopping centre in Sai Ying Pun has invited retailers who were forced to quit their shops in the DNA Galleria mall in Tsim Sha Tsui earlier this month to re-establish themselves at the centre in time for the Christmas shopping period.

28 Nov 2012 - 3:13am

Dubai developer to build shopping mall bigger than Hyde Park

Dubai developer to build shopping mall bigger than Hyde Park

Dubai's ruler announced plans for a development boasting the world's biggest shopping mall and gardens larger than London's Hyde Park, as the emirate revives property projects on hold since the global financial crisis.

28 Nov 2012 - 3:52am

Luxury village T-Site the latest Japanese retail experience

Daikanyama T-Site by Klein Dytham Architecture comprises hundreds of interlocking T-shapes. Photo: Nacasa & Partners

While Tokyoites - possibly the world's most dedicated shoppers - continue their long love affair with futuristic shopping malls and starchitect-designed flagship fashion stores, a new and innovative breed of small-scale luxury retail villages is proving popular with young and old alike.

21 Nov 2012 - 3:33am

Sun Hung Kai's Beijing manager Ian Choy has learned to adapt

Ian Choy at Beijing apm. A 14-year veteran of the Beijing property scene, he remembers having to hire hotel staff to manage his first mall there. Photo: Simon Song

Fifteen years ago, the concept of a "shopping mall" was still new in Beijing when Ian Choy Chi-keung, chief local representative of Sun Hung Kai Properties, was tasked with opening a new shopping mall in the city.

Today, in the 10 major districts in Beijing's city centre, there are 62 malls that act as magnets to draw shoppers into the large complexes in which they are located.

21 Nov 2012 - 4:02am

Retail rents and sales mostly still rising in China

The mainland's rising middle class is fuelling high growth rates in the mass market sector. Photo: AFP

With consumer markets in Europe and the United States still suffering from the effects of the financial crisis of 2008, China had been the main beacon of hope for retailers looking for a boost to lacklustre sales elsewhere.

7 Nov 2012 - 3:16am

Malls to use art promotions to attract Christmas shoppers

Kwun Tong's APM shopping mall will have a "Christmas Kingdom" featuring a merry-go-round. Photo: Edward Wong

Dutch sculptor and local painters ... Italian lifestyle brand designer... No, that's not a line-up for an art festival, but attractions to be offered by local shopping arcades as part of their Christmas promotions.

7 Nov 2012 - 3:16am

The Domain, a shopping mall built by the Housing Authority in Hong Kong, opens for business

Construction continues at the new Domain shopping mall near Yau Tong MTR Station. Photo: Sam Tsang

The biggest shopping mall built by the Housing Authority in recent years will be mainly occupied by chain stores, although it has been marketed to be different from other malls.

The shop portfolio is also similar to that of those operated by a competitor, The Link Reit.

28 Sep 2012 - 3:15am