News about hopping

  PETALING JAYA (April 29): The shopping complex or retail property sector's performance was stable last year, recording an overall occupancy rate of 79.

KUALA LUMPUR (April 29): Starting today, a person going out to purchase food or daily necessities during the movement control order (MCO) may be accompanied by one family member staying in the same house, according to an updated regulation by the Ministry of Health.

PETALING JAYA (April 24): It is perhaps the best time now to support local brands and retailers in light of the impact from the Covid-19 and Movement Control Order (MCO) on the retail sector in Malaysia.

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): Malls are now close to empty due to the Movement Control Order (MCO) to break the spreading chain of the Covid-19 pandemic.

Rented for: RM9,000 per month (around RM4.

KUALA LUMPUR (March 23): The Malaysia Shopping Malls Association (PPKM) is appealing to the government to provide urgent relief as it estimates that the shopping mall industry will lose more than RM750 million, excluding turnover statistics from the retail sector, during the 14-day movement control order (MCO).

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.

PETALING JAYA (Feb 18): It is still premature to immediately give out rental rebate to retailers affected by the ongoing COVID-19 outbreak, said the Malaysia Shopping Malls Association (PPK Malaysia) in response to the joint media statement issued by several retailer groups yesterday.

PETALING JAYA (Feb 14): Kmart added to the recent surge of Australian store closures by announcing the closure of its branch in the northern Melbourne suburb of Northcote on Nov 22 this year when the store’s lease ends, NewIdeaFood reported on Tuesday.