News about Mall

KUALA LUMPUR (Jan 19): Pavilion Real Estate Investment Trust (REIT) posted a net property income of RM76.

KUALA LUMPUR (Jan 16): Integrated property developer Kepong Industrial Park Group better known as KIP Group will be adding another five hybrid community-centric retail centres under the KiP brand in Selangor, Negeri Sembilan, Pahang and Kedah over the next three to five years.

SINGAPORE (Jan 10): Property firm Sim Lian Group will be opening its first mixed-use development, Hillion Mall, on Feb 24 as “Singapore’s first integrated development and transport hub in the West”.

SINGAPORE (Jan 10): CapitaLand Mall Asia, the shopping mall business of CapitaLand, has won the rights to manage the shopping mall in La Botanica, a township located in Xi’an’s Chan-Ba Ecological District.

IGB Real Estate Investment Trust (Dec 20, RM1.

THOSE who want to have a fun outing may enjoy some retail therapy at Penang’s Design Village in Bandar Cassia (formerly known as Batu Kawan).

THE Klang Valley is facing an oversupply of retail space with more than seven sq ft per capita based on the population of more than seven million.

Rented for: RM58,000 a month (average RM2 psf) Concluded by: Roy Lim (REN 08368) of Khoo Associates Realty (012-431 1122) When: Sept 28, 2016 Noteworthy: ● Leasehold ● Located in Bayan Lepas Free Industrial Zone Phase 1 ● Built-up size:  50,000 sq ft of which 29,000 sq ft was rented ● Located about 4km away from Penang International Airport and Penang Second Bridge, 18km away from Georgetown, and 11km away from Penang Bridge.

KUALA LUMPUR (Dec 13): While the spike in Malaysian Government Securities (MGS) 10-year yield has made real estate investment trusts (REITs) relatively less attractive, analysts said the fundamentals of REITs are still intact and are still commanding a premium over MGS yields.

PETALING JAYA (Dec 10): Pelaburan Hartanah Bhd (PHB) is planning a mixed-use development in Kuala Terengganu, which will sit on a 10.