News about Mall

PETALING JAYA (May 18): Shopping mall operators have stayed alert and implemented strict SOPs in curbing the spread of Covid-19, hence the malls should not be punished for any inadvertent outings by the visitors, said the shopping mall and retail associations.

KUALA LUMPUR (May 9): Conflicting statements by Science, Technology and Innovation Minister Khairy Jamaluddin and Senior Minister (Security) Datuk Seri Ismail Sabri Yaakob on the Covid-19-driven Hotspots Identification for Dynamic Engagement (HIDE) system appear to have wreaked havoc among retailers across Malaysia after outlet operators claimed the industry was not consulted on the implementation of the HIDE system under which premises listed under HIDE as potential pandemic risk locations have been ordered to be closed for three days effective today.

KUALA LUMPUR (May 8): Shopping mall operators and retailers across Malaysia told the Ministry of Science, Technology and Innovation (MOSTI) today to immediately suspend announcements of information derived from the Hotspot Identification by Dynamic Engagement (HIDE) system on claims that HIDE's Covid-19 hotspot listing data is inaccurate.

Landed homes have always been the darling of investors, but with uncertainties resulting from the Covid-19 pandemic, one would have expected slower take-ups of the more pricey bungalows and semi-detached homes.

Splashes of green, brown and gold are some of the colours that dominate the decorations of many malls this month as the Muslim community look forward to the upcoming celebration of Hari Raya.

KUALA LUMPUR (April 27): Despite some analysts trimming their earnings forecast for IGB Real Estate Investment Trust (IGB REIT), they still favour the REIT saying that signs of stronger footfall and tenant sales at the group are hints to better quarters ahead.

KUALA LUMPUR (April 26):  IGB Real Estate Investment Trust's (IGB REIT) net property income fell 36% to RM43.

KUALA LUMPUR (April 20): KIP Real Estate Investment Trust's (KIP REIT) net property income (NPI) for the third quarter ended March 31, 2021 fell 5.

PETALING JAYA (April 19): Despite the challenges from the Covid-19 pandemic, Sunway Malls have seen improved traffic and sales since the easing of restrictions from the Lunar New Year period, said Sunway Malls.

KUALA LUMPUR (April 13): CapitaLand Malaysia, a unit of Singapore-listed CapitaLand Ltd, said it is the first mall operator in Malaysia to onboard seven malls within its portfolio onto Grab's Malls by GrabMart platform.