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News about Mall

Loan repayment flexibility application starts next Friday

Jul 29

KUALA LUMPUR (July 29): The loan repayment flexibility will be opened for application from Aug 7, 2020, Bank Negara Malaysia (BNM) (pictured) announced today.

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Malls: Footfall recovery a month into RMCO, says report

Jul 25

KUALA LUMPUR (July 25): Local malls are seeing a rise in activity again, with some experiencing a recovery in “footfall” a month into the Recovery MCO (RMCO), reported The Edge Malaysia.

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IGB REIT's 2Q net property income tumbles 62%, to distribute 0.62 sen per unit

Jul 21

KUALA LUMPUR (July 21): IGB Real Estate Investment Trust (REIT), the owner of the Mid Valley Megamall and The Gardens Mall, has posted a steep decline in revenue and earnings for the second quarter ended June 30, 2020 (2QFY20).

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First A&W retro concept store opens at Seventeen Mall, PJ

Jul 20

  PETALING JAYA (July 20): A&W Malaysia has opened its latest outlet at Seventeen Mall in Section 17, PJ with a retro-themed concept.

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Sweden home to first mall for secondhand goods 

Jul 20

  ESKILSTUNA, Sweden  (July 20): A mall selling second hand items in Eskilstuna, Sweden has been drawing about 300,000 visitors every year since it opened in 2015.

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Glomac dips into the red for 4Q on fair value losses, declares one sen dividend

Jul 15

KUALA LUMPUR (July 15): Impacted by a recognition of fair value losses on its investment properties, Glomac Bhd reported a net loss of RM8.

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Malaysian retail industry recorded negative 11.4% growth rate in 1Q2020 – RGM

Jul 13

KUALA LUMPUR (July 13): The Malaysian retail industry recorded a negative growth rate of 11.

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1 Utama injects another RM1m as incentives for shoppers and tenants

Jun 23

PETALING JAYA (June 23): 1 Utama Shopping Mall will be injecting an additional RM1 million to the existing RM1 million Retail Stimulus Package it introduced back in March 2020 before the Movement Control Order (MCO), the regional mall in Petaling Jaya, Selangor announced today.

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Another 13.5m sq ft of mall space in Greater KL expected by 2022

Jun 22

PETALING JAYA (June 12): Greater Kuala Lumpur will receive another 13.

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Savills Malaysia: Mall occupancy and rents in Greater KL remain stable in 1Q2020

Jun 12

PETALING JAYA (June 12): The average occupancy rate of malls in Greater Kuala Lumpur has remained stable, only falling marginally by 0.

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