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Discussion in 'A Singaporean's guide to Living In JB' started by FHBH12, Mar 22, 2013.
Ikea Tebrau construction progress
Adding on...with video:
Top 10 upcoming malls in Johor Bahru
With more than 10 very large shopping malls, all opening soon within a short period of time, it will more than doubled, if not tripled the shopping spaces in JB.
Based on simple rule of economics, the volume of shoppers should be increased correspondingly to fill up all the malls.
But most important, the total spending should also be more than double to keep the shops, both old and new, alive.
Is this possible?
Retail space is another bubble in the making. I expect the shoplots and old malls business to be affected. Online buying is also gradually displacing physical shopping. For the shop and business owners, competition will be intense. Singapore side will be affected as well. But this is good news for shoppers.
Construction work of IKEA at Tebrau is pretty fast.
Aeon Mall Bandar Dato Onn is almost done...this whole place is good to BOOMZ!!!
I will raise my rental when it is up for renewal
Progress of IKEA Tebrau, Johor Bahru, 27 March 2017
Clarinet @ Taman Desa Tebrau
Completion Year 2018
The new phase appears to be modelled after Eco-Botanic but the pond is strangely outside the precinct. This is certainly more expensive than earlier phase 9D/E.
IKEA - Construction progress as of April 2017
1 million man-hours - 0 fatality, excellent safety record.
IKEA - Tebrau, Johor Bahru (progress @ May '17)
IKEA - Tebrau, Johor Bahru (progress @ June '17)
A few points of curiosity:
1. Why are there extensive and intensive piling beside IKEA? Is there going to be another commercial+office building?
2. The shiny black rows on IKEA's rooftop appear to be solar panels. If so, this could be the largest array I have come across in JB.
3. The ramps from both sides of the expressways are already quite congested. Once IKEA opens, I can imagine the traffic queues at these ramps go back by 1 km from Fri to Sun.
IKEA TEBRAU, JB
The first IKEA Store in Johor is situated in a retail precinct within AEON and Tesco Tebrau City. The Store consists of 2 level carparks and the IKEA store. It will be integrated to a 3 level Shopping Center in the future.
Location : Tebrau, Johor Bahru
Client : Ikano Corporation Sdn. Bhd
Size : 96,000m2
Completion : End 2017
Progress of IKEA Tebrau, 02 July 2017
The shoplots around IKEA will have to brace themselves when IKEA starts to draw their shoppers away in Nov/Dec 2017. The Aeon and Tesco malls beside this IKEA Tebrau might be affected slightly too.
The same goes for the IKEA Tampines and Alexandra if IKEA Tebrau prices are around 30% cheaper and transport companies start to offer JB-SG furniture transport service, and there are direct buses from SG to Tebrau.
Overall IKEA has timed its opening very well to take advantage of the huge number of condos TOP in JB from 2018 to 2020.
As Ikea draws more crowd & traffic to it's vicinity won't those shoplots facing Ikea at Desa Tebrau potentially also stands to gain spill over business opportunities from the traffic & crowds?
Eateries should flourish. Retails like furniture shops may lose their customers.
Ikea JB prices will be same as KL prices which is same as SG prices!
Absolutely no advantage buying in JB for Singaporeans to bring back.
Ikea opening is just taking advantage of all the new condos with many mostly completing by next year, eg Princess Cove & Country Garden in Danga Bay plus several smaller local developments.
And there will be some tens of thousands of apartment to furnish!
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