News about Mall

The 240,000 sq ft neighbourhood mall, which opened with a mix of lifestyle, wellness and F&B tenants, has reached about 90% occupancy and is drawing steady visitor traffic despite the usual teething issues associated with new retail centres.

KLGCC Mall has five levels of 240,000 sq ft retail space with 90% of it committed.

The mall will host “an eclectic mix of arts, culture and community-driven activities, headlined by the internationally acclaimed Swiss Dream Circus”.

With a net lettable area (NLA) of 240,000 sq ft, the KLGCC Mall is part of an integrated development that includes Menara KLGCC and Senada Residences.

The five-storey mall, with over 1.

The Malaysia Shopping Malls Association pointed to ongoing global economic uncertainties, including tariff wars, supply chain disruptions, and intensifying regional and digital competition, which continue to challenge retail businesses.

IOI Properties also received Certified Green Building Index (GBI) rating under the GBI Non-Residential New Construction: Hotel (NRNC: Hotel) category for its 480-room Moxy Putrajaya that is linked to IOI City Mall, as well as GBI Silver rating for its IOI City Towers 1 and 2.

The REIT's distributable income came in at RM98.

Sunway Square Mall will mainly comprise leisure and entertainment offerings with key tenants such as Village Grocer, BUMP Bouldering, TGV Cinemas, The Library by BookXcess, COUNT, KKV, Tutu Toe Dance Academy and GoFit.

The two REITs, which run malls and office buildings, said economic uncertainty and possible fuel subsidy cuts may lower mall spending and hurt tenants, while office space faces too much supply and demand for newer buildings.