News about malls

PETALING JAYA (June 24): Sunway is shifting its focus to the northern region in the coming years starting with the RM500 million expansion of Sunway Carnival Mall in Penang.

PETALING JAYA (June 3): Sunway Malls expects a stronger sales performance for the second quarter of 2022 (2Q22) at 117% of pre-Covid-19 pandemic levels on the back of a better Raya 2022 sales performance, the country's transition to the endemic phase, an improved labour market and stronger domestic and external demand.

PETALING JAYA (March 23): WCT Malls Management Sdn Bhd is taking additional measures by improving its air quality management systems to all its retail premises by installing the nanoe™ X technology air purification solution by Panasonic Malaysia.

PETALING JAYA (Dec 22): With Christmas just around the corner and the New Year fast approaching, the festive season is felt everywhere with shopping malls in the Klang Valley having transformed their space into a Christmas wonderland.

KUALA LUMPUR (Oct 23): With the reopening of most economic activities as Malaysia adopts the living with the virus stance backed by a rapid vaccination programme that has covered close to 95% of the adult population, retail real estate investment trusts (REITs) “may be worth a closer look although much also depends on where their assets are located”, wrote The Edge Malaysia this week.

PETALING JAYA (Oct 18): Sunway Malls, the Malaysian mall group operator with seven physical malls presence is set to roll-out its e-commerce platform – Sunway eMall.

KUALA LUMPUR (Oct 13): Purpose-built offices and shopping malls are seeing an all-time low occupancy rate for the first time in 20 years, hence, operators have to be more creative in utilising the vacant space in the new normal, said  National Property Information Centre (NAPIC) deputy director of inventory Ari Adam.

KUALA LUMPUR (Sept 10): Few may disagree that IGB Bhd signifies quality real estate assets given its track record, be it shopping malls or office space.

KUALA LUMPUR (Aug 2): Sunway Malls announced today that it is facilitating up to RM200 million in working capital to assist its retailers through financing facilities provided by RHB Banking Group and Credit Guarantee Corporation Malaysia Bhd (CGC).

JOHOR BAHRU (July 29): With more new malls opening, coupled with weak market conditions, the hope of abandoned malls in the capital city of the southern region to attract white knights to rescue them seems even harder reported The Star.