How advanced are talks for the new Apple Retail Store?

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Talks for a New Apple Retail Store in Malaysia are Reportedly Advanced, Yet Require Further Negotiation

Discussions regarding Apple's potential first retail store in Malaysia, slated for a possible opening as early as next year, are described as being at an advanced stage. Representatives from Apple Retail Store have reportedly visited Malaysia to engage in negotiations with the management of The Exchange TRX, the proposed location for the store. However, it is also noted that considerable effort is still needed to finalise the agreement.
Negotiations at The Exchange TRX

Negotiations are underway between Apple Retail Store representatives and the management of The Exchange TRX, a new financial and business hub in Kuala Lumpur. These discussions have progressed to a point where they are considered advanced by some sources. The Exchange TRX itself is a significant development, offering 1.3 million square feet of retail space and aiming to house new-to-market brands and flagship stores.
Ongoing Persuasion Required

Despite the reported progress, another source indicates that substantial "cajoling and convincing" is still necessary to secure the opening of the first Apple Retail Store in Malaysia. This suggests that while initial discussions have been productive, specific terms or conditions may still be points of contention that require further resolution between Apple and the mall management.
Malaysia as a Strategic Market

If established, this Apple Store would mark Malaysia as the third country in Southeast Asia to host such a facility, following Singapore and Thailand. Singapore currently has three Apple Stores, and Thailand has two. The inclusion of Malaysia would further solidify Apple's retail presence in the region, with The Exchange TRX poised to be a prime location due to its connectivity and offering of premium retail experiences.

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How advanced are talks for the new Apple Retail Store?

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