News about Mall

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.

Below 10 Years Retail (Gold) Sunway Velocity Mall Kuala Lumpur’s Cheras has certainly received a significant boost with the opening of Sunway Velocity Mall (SVM) in 2016 as it quickly became a new landmark for the area.

KUALA LUMPUR (March 30): The country’s shopping malls saw an average annual occupancy rate of 88% in 2020, according to a survey by the Malaysia Shopping Mall Association (PPK Malaysia).