- Malaysia's retail sector saw a slight decline in mall space in 2025 due to closures and refurbishments.
- Klang Valley malls averaged 83.7% occupancy, while Penang's rate was 70.8%.
- The government aims for 47 million tourist arrivals during VMY2026 through initiatives like visa-free entry.
Inactive malls close, overall occupancy edges up—Henry Butcher
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