Online shopping keeps growing. People are spending more on experiences than things. So why are we still seeing new mega malls being built, sometimes just minutes apart?

Is there really demand, or is something else driving these developments? And what does it mean for retailers trying to manage rising rents and stay profitable?

Today, we speak with Amy Wong, Executive Director of Research & Consultancy at Knight Frank Malaysia, about what’s behind these large-scale retail projects, how they affect business decisions on the ground, and what they signal about the future of retail and real estate in Malaysia.

Produced by: Carol Wong

Presented by: Richard Bradbury

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Categories:  markets,  economy

Tags:  mega malls,  retail destination,  tourism recovery,  experience-driven retail,  neighbourhood retail malls,  local spending power,