News by EdgeProp.my

As Budget 2021 looms...

With Budget 2021 set to be even bigger, what can we expect from the mother of all Budgets this year?

19 January, 1970

End of Private Lease Tenure — what happens then?

Datuk Chang Kim Loong: Members of the public are also forewarned to be careful with any oral promises from any parties to renew lease tenures upon expiry which are not properly documented. The related case study would be the Marble Jade Mansion in Brickfields on issue of “promised” lease extension, but that is another story.

19 January, 1970

How about a 'workcation'?

Work-from-hotel packages offer a room or public space within allocated hours for day use only. Typically, guests enjoy complimentary high-speed internet, coffee and tea, plus parking as part of the package. Other additional perks may include discounts on hotel stays, dining and other ancillary services provided by the hotel.

19 January, 1970

Tenant drop-out an emerging risk for malls

CGS-CIMB Research analyst Sharizan Rosely said the tenancy drop-out for Robinson’s outlet in The Gardens Mall will negatively impact IGB Real Estate Investment Trust (IGB REIT). However, he believed that the damage is manageable

19 January, 1970

Still winter for Klang Valley mall retailers

Just when markets were in a rosy mood, the escalating number of Covid-19 positive cases starting in September put everything on halt again with the implementation of a 14-day conditional movement control order (CMCO) in Klang Valley, which has been extended for another 14-days until Nov 9, 2020.

19 January, 1970

Always be ready to manage different scenarios

Chris Chong, IOI Properties Group Bhd’s Mall Operations senior general manager: We remain resilient and are prepared to manage our workforce under different scenarios while maintaining efficiency and high service levels to our shoppers, tenants and business associates as the mall remains open throughout this difficult time.

19 January, 1970

An opportunity to review tenancy mix

Sara Fang Horton, UEM Sunrise Bhd’s head of retail strategy:  The Covid-19 pandemic and the previous MCO have shown that we need to pivot our placemaking strategies to continue building top-of-mind awareness in the community and among our loyal customers who appreciate Publika’s unique experiential and creative retail concept.

19 January, 1970
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