As Budget 2021 looms...

With the announcement in less than two hours away, the sights are trained on Prime Minister Tan Sri Muhyiddin Yassin's maiden Budget and perhaps the most crucial one in Malaysia's history - unveiled in the midst of an unprecedented and resurging Covid-19 outbreak that has battered the economy and the livelihoods of Malaysians.

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Tenant drop-out an emerging risk for malls

KUALA LUMPUR: The permanent closure of the remaining two branches of departmental store Robinson in Malaysia has highlighted that the risk of tenant drop-out in retail malls is higher for departmental stores, according to CGS-CIMB Research analyst Sharizan Rosely.

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An opportunity to review tenancy mix

Sara Fang Horton, UEM Sunrise Bhd’s head of retail strategy “There is a pronounced drop in footfall and our tenants’ sales when the CMCO in the Klang Valley was announced on Oct 14.

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Embracing challenges

The third wave of Covid-19 in Malaysia has shaken shoppers’ confidence and also become the final straw that has broken the camel’s back for some retailers, in turn hurting the mall operators’ rental revenue and future expansion plans.

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