PETALING JAYA (April 24): The Covid-19 pandemic has given shopping mall operators the opportunity to improve cost efficiency, according to three major industry players who took part in EdgeProp.
PETALING JAYA (April 24): Based on the ratio of retail space per person in the country, there is no overbuilding of shopping malls in Malaysia, stressed Malaysia Shopping Malls Association (PPK) president Tan Sri Teo Chiang Kok.
PETALING JAYA (April 24): Shopping malls in Malaysia are almost empty during the Covid-19 Movement Control Order which has been in place since March 18 and mall owners expect the next few months to remain challenging post-MCO.
PETALING JAYA (April 24): Malls are now close to empty due to the Movement Control Order (MCO) to break the spreading chain of the Covid-19 pandemic.
SUBANG JAYA (March 27): Sunway Group Bhd's healthcare division has pledged to accept non-COVID-19 patients from public hospitals recommended by the Ministry of Health (MOH) and University Malaya Medical Centre (UMMC) in an effort to ease the burden on government healthcare facilities who are currently in the midst of combating the COVID-19 outbreak.
PETALING JAYA (March 23): While the Malaysia Shopping Malls Association (PPKM) applauds Sunway Mall’s proactive move to grant free rent to its tenants from 18 to 31 March, 2020, PPKM reiterates that such decisions are entirely within the mall’s individual prerogative and circumstances, and does not represent the whole shopping mall industry.
KUALA LUMPUR (March 23): Sunway Malls, the retail division of Sunway Group Bhd, is offering RM20 million rent free to non-essential retailers for the 14-day movement control order (MCO) period.
KUALA LUMPUR (March 6): Sunway Property has launched the “First Property Customisation & Online Purchase System” in Malaysia for its integrated Sunway GRID project in Sunway Iskandar, Johor.