Established malls record 92% occupancy rate
KUALA LUMPUR (Dec 7): Malaysia’s established mall operators recorded an average occupancy rate of 92% in 2018, according to a survey conducted by the Malaysia Shopping Malls Association (PPK).
UPDATE: 3 killed, 29 injured in CityONE Megamall blast in Kuching
PETALING JAYA (Dec 4): An explosion rocked CityONE Megamall in Kuching, Sarawak, at around 3.
China home living brand opens first outlet in SEA at Glo Damansara Mall
PETALING JAYA (Nov 29): China lifestyle home living brand Samanea by LESSOHOME will open its first outlet in Southeast Asia at Glo Damansara Mall here during the first half of 2019.
Singapore malls trying to keep ahead of online shopping curve
Singapore’s online shopping isn’t flourishing, even following the launch of Amazon Inc’s Prime service in mid-2017.
WCT 3Q net profit down 35.6% on lower infrastructure project billings
KUALA LUMPUR (Nov 26): WCT Holdings Bhd reported a 35.
Old, but still STRONG
Malaysians, especially the millennial generation, tend to have a special affinity for shopping malls as many of us grew up spending much of our leisure time in one of them especially the ones nearest to our homes.
IGB 3Q net profit surges 91% on higher contribution from property development, investments
KUALA LUMPUR (Nov 14): IGB Bhd's third quarter net profit surged 90.
Basement wall collapses in PJ’s Citta Mall
PETALING JAYA (Nov 5): A wall collapsed at the basement of the popular Citta Mall (pictured) here owing to heavy rainfall, The Star reported on Saturday.
Stronger 4Q expected for Pavilion REIT
Pavilion Real Estate Investment Trust (Oct 26, RM1.
REITs’ NPI growth not a reflection of improving sector
KUALA LUMPUR (Oct 29): Last week saw a flux of quarterly earnings released by local real estate investment trusts (REITs) with most reporting a growth in their net property income (NPI), sparking optimism for a recovery in the sector that has long been plagued by concerns over oversupply, weak demand and the like.
