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Promenada - The Beginning of The End?

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The mall itself may not 'go anywhere' but certainly the businesses that invest there will have to make a profit to stay open. Chain stores may be able to justify a losing location for a while....how long is anyone's guess.

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I don't believe it....120 posts discussing a little shopping centre in a country town.

Precious! wai.gif

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Hmm, no one mentioned the new restaurant across the street, the new immigration office nearby and the new condo going up across the highway.

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They should offer chiang mai immigration free rent there and give them a huge space, then ther would be a never ending flow of potential customers during the day. The Farangs can catch a movie and eat out and have plenty of parking and not stress out so much like they do now at the current crappy immigration location, which has no parking.

We will see how smart the owners are.

But how dare some CheapCharlie take the now secret, free shuttle to Promenada, to take care of Immigration business across the street, after all it's only 200 each way from Tha Phae "Get." I suppose the Poles are a little new to the capitalism game. Ragu gets consistently great reviews; its TV sponsorship doesn't really give them too much credibility. Maybe a Putt-Putt course, or a machine gun range would get people off the fence.

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I put the Maya mall in the same league. I went shortly after opening and could not find 1 tv store could not see 1 computer store and the eye glass store I went to was overpriced 3 times over. If you do not get it right the first time it cost a bundle to keep trying 2 or 3 times more and you only know its right when the customers come as they are the ultimate judge. Yes I concur with the assessment about Kad Suan Kaew and I also like the posters comments about it being a big box but its my box of preference. We go there 3 times a week and there is always customers carrying shopping bags. I liked the fact that they put on a show for kids the other day for Children's day. Yes the owners could keep it in a better state of repair but it has everything I need and want. I have noticed some of the satellite stores in the basement are disappearing and remain empty though.

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those phone stores in the basement are charging about 30% more than what you can buy them for at the AIS store...and there are many. Otherwise, KSK is fine, and convenient. Good variety of eating venues, including the places that set up out front. No bank had a USD 10 at Maya, last Friday. BKK Bank KSK had a fresh stack of them. BTW, Is the Sinet Promo Girl in high heels a Ladyboy?

Edited by bangmai

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Timing is everything...along with location...in a retail type business...

Customer numbers are down in most of Thailand...

Could be years...if ever...they get back to 2012-2013 tourist numbers...

Tourist baht and ex-pat baht filter down thru Thai economy...

Volume of baht transactions are down significantly from previous years...

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I think Promenada is interesting but way ahead of its time. A rice farmer who spends all day in the rice fields is not going to buy an expensive suit at Promenada that evening. Also,there are too many of these shopping malls in Chiang Mai. There is not enough money flying around to support them. But I wish it well and hope it turns into a success.

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Timing is everything...along with location...in a retail type business...

Customer numbers are down in most of Thailand...

Could be years...if ever...they get back to 2012-2013 tourist numbers...

Tourist baht and ex-pat baht filter down thru Thai economy...

Volume of baht transactions are down significantly from previous years...

All true

But was the Promenada built for tourists in the location it is in I don't think they figure on a large tourist trade. I think they have their eye on the future. As the area grows it will be the main center for shopping. Defiantly a down the line project.

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I just had a thought.

We all have ideas and opinions. But is there some one with some knowledge of the company that owns it. How deep are their pockets? What is their record in this type of operation?

It was mentioned and poo pooed but money laundering is a possibility. Thailand is well known for that. Just what is the owners history?

This is defiantly not my field. But I think possibly one of the posters would have an insight in to it. We all know what it should do. But it would seem that none of us knows what they are willing to do.

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I put the Maya mall in the same league. I went shortly after opening and could not find 1 tv store could not see 1 computer store and the eye glass store I went to was overpriced 3 times over. If you do not get it right the first time it cost a bundle to keep trying 2 or 3 times more and you only know its right when the customers come as they are the ultimate judge. Yes I concur with the assessment about Kad Suan Kaew and I also like the posters comments about it being a big box but its my box of preference. We go there 3 times a week and there is always customers carrying shopping bags. I liked the fact that they put on a show for kids the other day for Children's day. Yes the owners could keep it in a better state of repair but it has everything I need and want. I have noticed some of the satellite stores in the basement are disappearing and remain empty though.

Maya will be busier in footfall per sq m than Promenada due to its location. It was built near existing large condos, hotels, uni buildings and the busy Nimmanhamein road. Everytime I go, I find the basement busy and the top floors busy, especially CAMP and the rooftop bars can be well attended at night. It is some of the small shops on the intervening floors that I fear might not surive. I was wondering why I couldn't find a Bangkok Bank in there, but then I remembered that there is one just up the road in the Beer Park.

I agree about KSK. People actually shop there a lot more for everday things, and it is far more 'useful' in that respect than any of the newer malls.

BTW, Maya did a Children's Day show too and it was busy...and noisy.

Edited by Cholmondley
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