Thursday, August 18, 2005

City Square JB

So where do Singaporeans go to shop when the cross the Causeway? It's City Square down in Jalan Wong Ah Fook. The five-level shopping center, which has about 300 shops, is the most successful retail complex in JB, and frequented by both Malaysian and Singaporean shoppers, the latter accounting for 40% of the shoppers. In fact, it's so well-loved by Singaporeans that GIC has acquired a 70% stake in the RM465 Million complex. When we visited it with some Singaporeans, one of them said, "Wow, it's like a Singaporean suburban mall." Which is true. Even the prices appeared quite Singaporeish, particularly at the food court where an iced tea cost RM2, if we recalled correctly.

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