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Cambodia Breaking News (Phnom Penh): On June 22, 2019, the Olympia mall of the OCIC company, opened its doors in Phnom Penh. This includes the new skywalk which is connected to the mall. The mall belongs to Okhna Pong Khaewse.


The Olympia mall was built as the leading shopping mall in central Phnom Penh, in an area surrounded by many business buildings, schools, hotels, and standard condos. The mall has many products, clothes, food, a cinema, a gym, and other customer services.


The target customer is the focus on people who had an average to high income. The mall currently has seven floors and will be increased to 9 floors. Opening hours are from 9 am to 10 pm.

ok, i admit i am not a mall goer and when i visit PP, only go to Aeon 1 cause the gf an sisters like to bowl,
BUT i see its usually empty
what with all these new malls going up and the customer base not really growing by leaps and bounds, seems each gets a smaller piece of the small pie.
Is it just a money laundering operation?

phuketrichard wrote: ↑Sat Jun 22, 2019 4:55 pm ok, i admit i am not a mall goer and when i visit PP, only go to Aeon 1 cause the gf an sisters like to bowl,
BUT i see its usually empty
what with all these new malls going up and the customer base not really growing by leaps and bounds, seems each gets a smaller piece of the small pie.
Is it just a money laundering operation?

I have asked myself the same question so many times.. Why are these investments made here? It is crazy.

phuketrichard wrote: ↑Sat Jun 22, 2019 4:55 pm ok, i admit i am not a mall goer and when i visit PP, only go to Aeon 1 cause the gf an sisters like to bowl,
BUT i see its usually empty
what with all these new malls going up and the customer base not really growing by leaps and bounds, seems each gets a smaller piece of the small pie.
Is it just a money laundering operation?

Aeon 2 during the weekday is a total ghost town. There was about three other people in the whole place when I was there.

I went to Aeon 1 today and it was packed. I went to Aeon 2 last week and it was packed. The Aeon 2 aquarium however has been trying to sell off their fish tanks on Facebook the past couple weeks. Perhaps they are closing soon. The food court on the 3rd floor in Aeon 1 near the cinema is currently closed for renovations.

Of course they will be empty in the middle of the week. People who earn money don't have time to loiter in malls when there is work to be done. I don't think that's an indicator of bad cash flow.

Hope that floating bridge will encourage people to walk more.

Nixon wrote: ↑Sat Jun 22, 2019 5:35 pm

phuketrichard wrote: ↑Sat Jun 22, 2019 4:55 pm ok, i admit i am not a mall goer and when i visit PP, only go to Aeon 1 cause the gf an sisters like to bowl,
BUT i see its usually empty
what with all these new malls going up and the customer base not really growing by leaps and bounds, seems each gets a smaller piece of the small pie.
Is it just a money laundering operation?

I have asked myself the same question so many times.. Why are these investments made here? It is crazy.

These are the big questions, so well done for asking them. The less you know the better off you'll be.

cptrelentless wrote: ↑Sat Jun 22, 2019 6:20 pm

phuketrichard wrote: ↑Sat Jun 22, 2019 4:55 pm ok, i admit i am not a mall goer and when i visit PP, only go to Aeon 1 cause the gf an sisters like to bowl,
BUT i see its usually empty
what with all these new malls going up and the customer base not really growing by leaps and bounds, seems each gets a smaller piece of the small pie.
Is it just a money laundering operation?

Aeon 2 during the weekday is a total ghost town. There was about three other people in the whole place when I was there.

I don't really know what time you guys go in malls (weekday mornings?) but visitor numbers are up in both Aeon malls. Also business is getting better each year. This is mainly because more suitable shops have opened as well as more restaurants and entertainment facilities have opened.

build it & they will cum

rogerrabbit wrote: ↑Sun Jun 23, 2019 1:44 am

cptrelentless wrote: ↑Sat Jun 22, 2019 6:20 pm

phuketrichard wrote: ↑Sat Jun 22, 2019 4:55 pm ok, i admit i am not a mall goer and when i visit PP, only go to Aeon 1 cause the gf an sisters like to bowl,
BUT i see its usually empty
what with all these new malls going up and the customer base not really growing by leaps and bounds, seems each gets a smaller piece of the small pie.
Is it just a money laundering operation?

Aeon 2 during the weekday is a total ghost town. There was about three other people in the whole place when I was there.

I don't really know what time you guys go in malls (weekday mornings?) but visitor numbers are up in both Aeon malls. Also business is getting better each year. This is mainly because more suitable shops have opened as well as more restaurants and entertainment facilities have opened.

OK, i assume weekends are busy, BUT how many of those many people you all see are actually BUYING<
not just walking aorund an maybe grabbing a meal, using the supermarket or visiting the movie/bowling?