News about Mall

PETALING JAYA (July 7): KIP Real Estate Investment Trust (KIP REIT) has obtained Bursa Malaysia Securities Bhd’s approval for the listing and quotation of up to 220 million new units under its proposed placement, a funding component for its previously announced RM435 million acquisition of Setapak Central Mall (pictured) in Setapak, Kuala Lumpur.

PETALING JAYA (June 16): Around midday, the commercial streets along Jalan Wangsa Delima move at a steady pace.

PETALING JAYA (June 12): Sime Darby Property Bhd’s Elmina Lakeside Mall has won the World Gold Award in the Retail category at the 2026 FIABCI World Prix d’Excellence Awards.

PUTRAJAYA (June 10): More than 1,000 shopping malls nationwide will be equipped with recycling facilities by year end following a Cabinet decision to make such facilities mandatory as part of efforts to strengthen solid waste management and accelerate the country’s transition towards a circular economy.

KUALA LUMPUR (June 6): Malaysia is mandating all shopping malls to have recycling centres beginning June as one of the conditions for licence application and renewal.

PETALING JAYA (May 6): 118 Mall is on track to open this August, introducing a new retail and lifestyle destination at the base of Merdeka 118, the world’s second tallest building.

PETALING JAYA (April 30): The retail and office arms of the IGB group both reported stronger first-quarter results, though the scale of their performances diverged sharply — with IGB Real Estate Investment Trust's (IGB REIT) malls posting blockbuster growth on the back of a new acquisition, while IGB Commercial Real Estate Investment Trust (IGB Commercial REIT) delivered a steady, organic improvement across its office portfolio, according to its Bursa Malaysia announcements.

PETALING JAYA (April 28): KIP Real Estate Investment Trust (REIT) has entered into a conditional sale and purchase agreement (SPA) to acquire Setapak Central Mall in Setapak, Kuala Lumpur, from Festiva Mall Sdn Bhd — a wholly-owned subsidiary of Singapore-listed Frasers Property Ltd — for a cash consideration of RM435 million.

Cheras offers a strong balance of urban convenience, relative affordability, and community appeal for its denizens.

KUALA LUMPUR (March 2): IGB Bhd (KL:IGBB), the developer of Mid Valley City, said on Friday its net profit rose over 20% in the last quarter of 2025, thanks to a surge in rental income and home sales.