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Harvey Norman Malaysia plans expansion

Harvey Norman Malaysia is planning to open nine stores by the end of next year, taking its network there to more than 50 by the end of 2023.

The retailer has expanded into Sarawak with an outlet in Miri Times Square.

The 40,000sqft store covers a range of products spanning electrical and electronics, as well as furniture and bedding.

“Harvey Norman has one price point, so regardless of where you buy it in Malaysia, the price is the same and Miri customers will get these benefits,” said Kenneth Aruldoss, Harvey Norman Asia MD.

“We also cater for Bruneian customers.They can come to Miri and shop at our store, and we’ll give them the same support and quality service including after-sales service.”

Four other stores – in Tebrau and Southkey (Johor), Ipoh and Kota Baru – will open in the second half of the year.

Harvey Norman Malaysia sales reached S$152.33mil last financial year, up 10.5 per cent year on year.

“Malaysia is the best-performing country, with Singapore coming in second, in terms of growth and profits (among other indicators),” Aruldoss said.

After launching in 2003, Harvey Norman Malaysia now has more than 17 stores across the country.

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