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Garden City Thika Road
Rank: Veteran Joined: 4/27/2010 Posts: 951 Location: Nyumbani
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What is the future of these mall like ? Wazuan Experts mko wapy? i saw in some cities in the US where actually malls came from there are several that have become ghost malls.Customers stopped coming and so the traders had to close shop.Am just wondering how long this craze will last in Kenya and especially in Nai.Before the construction of garden mall, there used to be that kamall with Naivas next to where Nakumatt used to be. Then came TRM @roysambu. Now garden mall.There will be Naivas, Nakumatt and Massmart who will start the fight for customers.I hope this will be good for the customers but i do not know how long Naivas will last.Ask Uchumi jipange hapo kando .
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Rank: Veteran Joined: 7/3/2007 Posts: 1,634
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kiash wrote:What is the future of these mall like ? Wazuan Experts mko wapy? i saw in some cities in the US where actually malls came from there are several that have become ghost malls.Customers stopped coming and so the traders had to close shop.Am just wondering how long this craze will last in Kenya and especially in Nai.Before the construction of garden mall, there used to be that kamall with Naivas next to where Nakumatt used to be. Then came TRM @roysambu. Now garden mall.There will be Naivas, Nakumatt and Massmart who will start the fight for customers.I hope this will be good for the customers but i do not know how long Naivas will last.Ask Uchumi jipange hapo kando . I think you have a point Kiash Last Sunday afternoon I experienced a strange contrast when I went to shop at Naivas Mountain Mall. The place was so full that I could not buy. Then I went to Uchumi next door. It was almost empty, on a Sunday afternoon. I can bet this will be the first candidate to close, once the behemoth next door opens. "The opposite of a correct statement is a false statement. But the opposite of a profound truth may well be another profound truth." (Niels Bohr)
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Rank: Veteran Joined: 6/23/2011 Posts: 1,740 Location: Nairobi
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The way Naivasi design their malls makes me wonder , am I the only one ?.
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Rank: Elder Joined: 10/9/2008 Posts: 5,389
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streetwise wrote:The way Naivasi design their malls makes me wonder , am I the only one ?.
Naivas doesn't build malls, they only rent space in malls. Just like nakumatt, tuskys etc.
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Rank: Veteran Joined: 6/23/2011 Posts: 1,740 Location: Nairobi
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Rank: Elder Joined: 7/26/2007 Posts: 6,514
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Isn't Carrefour coming to Garden City? Business opportunities are like buses,there's always another one coming
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Rank: Member Joined: 11/7/2013 Posts: 127 Location: Nairobi, Kenya
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KulaRaha wrote:Isn't Carrefour coming to Garden City? Carrefour only coming to The Hub (in Karen) & Two Rivers (Northern Bypass/ Ruaka) so far...just like in their major markets (Dubai, France et al)..they like big spaces! I went into the (Ferry) industry knowing the same thing I knew with all other businesses I went into- Nothing. Then I built it from there. - Sheldon Adelson (Titans at the Table- Giants of Macau)
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Rank: Member Joined: 11/7/2013 Posts: 127 Location: Nairobi, Kenya
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jaggernaut wrote:streetwise wrote:The way Naivas design their malls makes me wonder , am I the only one ?.
Naivas doesn't build malls, they only rent space in malls. Just like nakumatt, tuskys etc. My interaction on how Naivas & Tuskys function is they use their networks to get space strategically. For instance, Mountain Mall is owned by an acquaintance of theirs...n the developed world, serious retail corporations have fully fledges Real Estate departments that scount and select locations strategically (as I suspect of Massmart & Carrefour)...! I went into the (Ferry) industry knowing the same thing I knew with all other businesses I went into- Nothing. Then I built it from there. - Sheldon Adelson (Titans at the Table- Giants of Macau)
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Rank: Veteran Joined: 6/23/2011 Posts: 1,740 Location: Nairobi
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Does this not mean the death of TRM. Like a big shop and kiosk next door
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Rank: Elder Joined: 10/9/2008 Posts: 5,389
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streetwise wrote:Does this not mean the death of TRM. Like a big shop and kiosk next door No. Hata on ngong road, within a short distance, you have uchumi, prestige mall, junction mall, greenhouse etc and all are coexisting.
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Rank: Member Joined: 5/28/2014 Posts: 149 Location: Nairobi
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@Pesa Nane, thanks. When you live for others' opinions, you are dead.
- Carlos Slim Helu
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Rank: Member Joined: 5/28/2014 Posts: 149 Location: Nairobi
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streetwise wrote:The green is smaller. Yes, of course it is smaller. My 7-year old son wondered about the ethics of advertised buildings - his observation was that they are almost never the same. When you live for others' opinions, you are dead.
- Carlos Slim Helu
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Rank: Elder Joined: 3/18/2011 Posts: 12,069 Location: Kianjokoma
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kiash wrote:What is the future of these mall like ? Wazuan Experts mko wapy? i saw in some cities in the US where actually malls came from there are several that have become ghost malls.Customers stopped coming and so the traders had to close shop.Am just wondering how long this craze will last in Kenya and especially in Nai.Before the construction of garden mall, there used to be that kamall with Naivas next to where Nakumatt used to be. Then came TRM @roysambu. Now garden mall.There will be Naivas, Nakumatt and Massmart who will start the fight for customers.I hope this will be good for the customers but i do not know how long Naivas will last.Ask Uchumi jipange hapo kando . Middo kless Kenians want to be seen to shop in malls hata kama ni shopping ya maziwa na mkate We will pour on the malls, however many they are like mist-to utilise an african proverb
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Rank: Member Joined: 5/26/2009 Posts: 326 Location: Nairobi
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Lolest! wrote:kiash wrote:What is the future of these mall like ? Wazuan Experts mko wapy? i saw in some cities in the US where actually malls came from there are several that have become ghost malls.Customers stopped coming and so the traders had to close shop.Am just wondering how long this craze will last in Kenya and especially in Nai.Before the construction of garden mall, there used to be that kamall with Naivas next to where Nakumatt used to be. Then came TRM @roysambu. Now garden mall.There will be Naivas, Nakumatt and Massmart who will start the fight for customers.I hope this will be good for the customers but i do not know how long Naivas will last.Ask Uchumi jipange hapo kando . Middo kless Kenians want to be seen to shop in malls hata kama ni shopping ya maziwa na mkate We will pour on the malls, however many they are like mist-to utilise an african proverb My take: Junction is on high noon due to impossible access; its next stab on glory is when (if) Ngong road will be expanded. Galleria: will thrive due to diaspora and Langata people. they are also diversifying into variety center (shops, sports...) and boy they have land!. Garden City....accessibility may be an issue. Unless they attract customers from far flung areas, the immediate demography does not inspire much confidence. Two Rivers and The Hub (Karen) will be the malls to beat. ....and to real estate investors - build something in Thika yawa (next to superhighway.)
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Rank: Elder Joined: 7/22/2009 Posts: 7,467
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kiash wrote:What is the future of these mall like ? Wazuan Experts mko wapy? i saw in some cities in the US where actually malls came from there are several that have become ghost malls.Customers stopped coming and so the traders had to close shop.Am just wondering how long this craze will last in Kenya and especially in Nai.Before the construction of garden mall, there used to be that kamall with Naivas next to where Nakumatt used to be. Then came TRM @roysambu. Now garden mall.There will be Naivas, Nakumatt and Massmart who will start the fight for customers.I hope this will be good for the customers but i do not know how long Naivas will last.Ask Uchumi jipange hapo kando . Mountain mall has problems attracting tenants. It has never got anywhere near 90% occupancy! So many empty shops/stalls. The stalls that are there rarely get BUYING customers. The only happy campers must be Naivas and the pubs upstairs. Even National Bank has been empty the few times I have passed by!!! Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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Rank: Elder Joined: 3/18/2011 Posts: 12,069 Location: Kianjokoma
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Quote:The Garden City Mall that is set to open Thursday in Nairobi has been reported to have been funded using aid money.
A report by The Guardian stated that the $25 million put into the project by CDC, the UK’s Development Finance Institution (DFI) wholly owned by the UK Government was aid money.
“CDC, formerly the Commonwealth Development Corporation, says these investments will create thousands of jobs for poor people in construction and services. But leading British NGOs questioned how supporting upmarket property could be an acceptable use of UK aid money,” reads the report. Quote:According to Knight Frank properties website the price per square metre at the mall is 48.45dollars (Sh 4,759) compared to a property like The Oval in Westlands whose price is Sh120-270 per square metre. http://nairobinews.co.ke...ity-funded-by-aid-money/
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Rank: Elder Joined: 10/9/2008 Posts: 5,389
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MaichBlack wrote:kiash wrote:What is the future of these mall like ? Wazuan Experts mko wapy? i saw in some cities in the US where actually malls came from there are several that have become ghost malls.Customers stopped coming and so the traders had to close shop.Am just wondering how long this craze will last in Kenya and especially in Nai.Before the construction of garden mall, there used to be that kamall with Naivas next to where Nakumatt used to be. Then came TRM @roysambu. Now garden mall.There will be Naivas, Nakumatt and Massmart who will start the fight for customers.I hope this will be good for the customers but i do not know how long Naivas will last.Ask Uchumi jipange hapo kando . Mountain mall has problems attracting tenants. It has never got anywhere near 90% occupancy! So many empty shops/stalls. The stalls that are there rarely get BUYING customers. The only happy campers must be Naivas and the pubs upstairs. Even National Bank has been empty the few times I have passed by!!! How is TRM doing?
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Rank: Elder Joined: 10/9/2008 Posts: 5,389
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[quote=Lolest!] http://nairobinews.co.ke...ty-funded-by-aid-money/[/quote] As the CDC and IFC were announcing the investment in the project in January, CDC Regional Director Dolika Banda said the project will provide jobs hence the investment by the organization as a show of commitment to the country’s development. A CDC spokesman told The Guardian that it had worked closely with development academics and economists to identify sectors with the highest job creation potential. “Construction was identified as a priority sector that creates large numbers of low and semi-skilled jobs that are typically open to the poorest people in developing countries,” said the spokesman.
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Rank: Elder Joined: 12/17/2009 Posts: 3,583 Location: Kenya
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wa P wrote:Lolest! wrote:kiash wrote:What is the future of these mall like ? Wazuan Experts mko wapy? i saw in some cities in the US where actually malls came from there are several that have become ghost malls.Customers stopped coming and so the traders had to close shop.Am just wondering how long this craze will last in Kenya and especially in Nai.Before the construction of garden mall, there used to be that kamall with Naivas next to where Nakumatt used to be. Then came TRM @roysambu. Now garden mall.There will be Naivas, Nakumatt and Massmart who will start the fight for customers.I hope this will be good for the customers but i do not know how long Naivas will last.Ask Uchumi jipange hapo kando . Middo kless Kenians want to be seen to shop in malls hata kama ni shopping ya maziwa na mkate We will pour on the malls, however many they are like mist-to utilise an african proverb My take: Junction is on high noon due to impossible access; its next stab on glory is when (if) Ngong road will be expanded. Galleria: will thrive due to diaspora and Langata people. they are also diversifying into variety center (shops, sports...) and boy they have land!. Garden City....accessibility may be an issue. Unless they attract customers from far flung areas, the immediate demography does not inspire much confidence. Two Rivers and The Hub (Karen) will be the malls to beat. ....and to real estate investors - build something in Thika yawa (next to superhighway.) How is accessibility to Garden City an issue, thought with the super highway access issues should be sorted. Two rivers and the hub will be interesting to see how with time they will fair - considering a good chuck of their target market ni runda na karen, it will be interesting to see if the rich like hanging around malls, that mobil plaza huko muthaiga never seems to have life - though I have to admit I have never spent lots of time inside apart from buying mkate hapo chandarana.
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Rank: Elder Joined: 6/2/2011 Posts: 4,818 Location: -1.2107, 36.8831
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jaggernaut wrote:MaichBlack wrote:kiash wrote:What is the future of these mall like ? Wazuan Experts mko wapy? i saw in some cities in the US where actually malls came from there are several that have become ghost malls.Customers stopped coming and so the traders had to close shop.Am just wondering how long this craze will last in Kenya and especially in Nai.Before the construction of garden mall, there used to be that kamall with Naivas next to where Nakumatt used to be. Then came TRM @roysambu. Now garden mall.There will be Naivas, Nakumatt and Massmart who will start the fight for customers.I hope this will be good for the customers but i do not know how long Naivas will last.Ask Uchumi jipange hapo kando . Mountain mall has problems attracting tenants. It has never got anywhere near 90% occupancy! So many empty shops/stalls. The stalls that are there rarely get BUYING customers. The only happy campers must be Naivas and the pubs upstairs. Even National Bank has been empty the few times I have passed by!!! How is TRM doing? TRM has way much better occupancy rate than Mountain Mall. Problem with TRM is excessive overcrowding with thousands of raia flocking in during the weekends and holidays. At times I even feel unsafe. Garden City may try to keep us, RAIA we Githurai, away by charging exhobitantly especially that there are residences within the mall compound. And BTW, why the heck is that Mobil Plaza thing at Muthaiga almost unknown and the way ni ya kitambo hapo. Receive with simplicity everything that happens to you.” ― Rashi
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