1 Utama opens phase one of 1 Utama E
PETALING JAYA (Jan 24): 1 Utama Shopping Centre has officially opened and launched the first phase of 1 Utama E, the newest extension to the mall which adds an additional 592,015 sq ft of gross built-up area (164,687 sq ft net lettable area) to the mall’s existing 5 million sq ft.
Where are shopping centres heading in the digital era?
The world’s biggest online shopping festival, 11.
ULI and FGRT join hands to discuss the future of retail real estate
PETALING JAYA (Aug 28): The Urban Land Institute (ULI) Asia Pacific is collaborating with global think thank Fung Global Retail & Technology (FGRT) for the upcoming ULI Asia Pacific Summit in June 2018 to highlight the effect and integration of technological innovation into shopping centres and retailers.
Freezing approvals of new shopping malls will affect the economy, says PPK
PETALING JAYA (Aug 24): Despite concerns over a possible oversuply of retail malls in the Klang Valley, the authorities should not freeze the development of new shopping malls because that would further dampen the already slow economy in the country, said Malaysia Shopping Malls Association (PPK) adviser Tan Sri Teo Chiang Kok.
IPC Shopping Centre at Mutiara Damansara to spot new look by December
PETALING JAYA (March 2): The 14-year-old IPC Shopping Centre in Mutiara Damansara in Petaling Jaya, Selangor, which is now undergoing a centre-wide facelift and upgrade, will be welcoming the public with a new look by the end of this year in conjunction with its 15th anniversary celebration.
Opening of MyTOWN Shopping Centre postponed to March 16
PETALING JAYA (Jan 17): The opening date of MyTOWN Shopping Centre has been readjusted from Feb 16 to March 16 due to requests from tenants.
Bandar Utama’s terraced house prices remain stable
THE bustling Bandar Utama’s story began in the late 1980s when property developer See Hoy Chan Holdings Group began the development of the township on the 1,000-acre former oil palm estate land in Petaling Jaya.
Knight Frank Malaysia: Retail industry being held back by consumers’ weak sentiments
PETALING JAYA (Aug 11): Consumer spending remains a key challenge in the Malaysian retail industry with many continuing to hold back on purchases due to growing concerns on the rising cost of living and weaker job prospects, said property consultancy firm Knight Frank Malaysia in its Real Estates Insights research report for 1H2016.
More shopping centres to go on sale
WITH saturation and lower retail sales, the number of shopping centres that have been put up for sale or have been sold has been visibly higher over the past nine months.
