Will malls pass the post-MCO test?
The once-crowded shopping centres in the country lie quiet and almost empty as most business operations have been halted since the start of the Movement Control Order (MCO) period on March 18.
Will malls pass the post-MCO test?
The once-crowded shopping centres in the country lie quiet and almost empty as most business operations have been halted since the start of the Movement Control Order (MCO) period on March 18.
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PPK Malaysia: Covid-19 Act must protect both tenants and landlords
PETALING JAYA (May 1): The Malaysia Shopping Malls Association (PPK) is calling for the enactment of the Covid-19 Act purportedly to protect businesses and jobs to protect both landlord and tenant in genuine situations with no abuse for a “free-ride”.
Malaysian retail malls' occupancy at 79% in 2019, offices at 81%
PETALING JAYA (April 29): The shopping complex or retail property sector's performance was stable last year, recording an overall occupancy rate of 79.
Sunway to offer flexi operating hours to mall retailers post-MCO
PETALING JAYA (April 24): Sunway Malls will be giving its non-essential retailers an option to operate shorter hours after the Movement Control Order (MCO) ends, which is currently scheduled to end on May 12.
Malls becoming more cost-efficient in light of Covid-19
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.
Mall owners and tenants must unite over Covid-19 and MCO
PETALING JAYA (April 24): No one would have anticipated the Movement Control Order (MCO) brought on by the Covid-19 pandemic, not least shopping mall operators and their tenants.
Overbuilding of malls in Malaysia only in certain areas, says PPK
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.
Mall operators see challenges post MCO but expect recovery in 4Q
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.
Neighbourhood malls offering essential tenants will recover quicker
PETALING JAYA (April 24): Neighbourhood malls with a high number of tenants offering essential products and services are expected to be less impacted by the Covid-19 pandemic and the Movement Control Order (MCO), than their larger and more high-end counterparts.
