Here we go, AEON is opening another mall in Ipoh, on 18th December 2015. This time is AEON Big located in Falim, apparently the largest in Malaysia! As I wrote in my earlier post that the recently opened AEON Klebang couldn’t fill up all their retail spaces on their opening day, I think we are going to see even more empty spaces there. With a population of not even close to 1 million, at around 700k, yet Ipoh is going to have four AEONs (Kinta City, Station 18, Klebang and now Falim), a Parkson Ipoh Parade and countless supermarkets cum retail spaces, the retailers are going to be the biggest losers since customers are more and more spread out amongst these places. A recent article on The Star highlighted the similarity between the overcapacity problem in China and Malaysia. Shoppers in Ipoh are not stupid, convenience will ultimately be key after the initial excitement of new shopping malls wane. We shall see which of these shopping malls do worst. My bet is AEON Station 18 will suffer the most.