Will malls pass the post-MCO test?
The once-crowded shopping centres in the country lie quiet and almost empty as most business operations have been halted since the start of the Movement Control Order (MCO) period on March 18.
The once-crowded shopping centres in the country lie quiet and almost empty as most business operations have been halted since the start of the Movement Control Order (MCO) period on March 18.
The once-crowded shopping centres in the country lie quiet and almost empty as most business operations have been halted since the start of the Movement Control Order (MCO) period on March 18.
KUALA LUMPUR (May 7): The Ministry of Health (MoH) has detected a new cluster of Covid-19 cases at a Cheras mall here, involving security personnel.
PETALING JAYA (May 1): The Malaysia Shopping Malls Association (PPK) is calling for the enactment of the Covid-19 Act purportedly to protect businesses and jobs to protect both landlord and tenant in genuine situations with no abuse for a “free-ride”.
KUALA LUMPUR (April 30): CapitaLand Malaysia Mall Trust (CMMT) has committed to RM35 million in rental relief for shopping mall tenants in non-essential services during the movement control order (MCO) period.
PETALING JAYA (April 29): The shopping complex or retail property sector's performance was stable last year, recording an overall occupancy rate of 79.
PETALING JAYA (April 24): Sunway Malls will be giving its non-essential retailers an option to operate shorter hours after the Movement Control Order (MCO) ends, which is currently scheduled to end on May 12.
PETALING JAYA (April 24): The Covid-19 pandemic has given shopping mall operators the opportunity to improve cost efficiency, according to three major industry players who took part in EdgeProp.
PETALING JAYA (April 24): No one would have anticipated the Movement Control Order (MCO) brought on by the Covid-19 pandemic, not least shopping mall operators and their tenants.
PETALING JAYA (April 24): While the Movement Control Order (MCO) in place in Malaysia to curb the spread of the Covid-19 outbreak has boosted the growth of e-commerce, major mall owners do not foresee it replacing the physical brick-and-mortar shopping experience.