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.

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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.

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Mapex Property Showcase 2016 to kick off on May 11-15

PETALING JAYA (April 29): The 2016 Mapex Property Showcase organised by the Real Estate and Housing Developers’ Association Youth (Rehda Youth) will kick off on May 11-15 at the 1 Utama Shopping Centre from 10am to 10pm, the organisers announced in a press release today.

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Pelaburan Hartanah aims to inject more properties into fund

KUALA LUMPUR (April 6): Pelaburan Hartanah Bhd (PHB) continues to be on the lookout for suitable properties for possible injection into Amanah Hartanah Bumiputera (AHB) and to further increase its fund size, said its group managing director and chief executive officer Datuk Kamalul Arifin Othman.

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