News about malls

It has been 11 years since Queensbay Mall in Bayan Lepas, Penang first opened its doors to the public, but it constantly has something new and fresh to offer.

PETALING JAYA (March 24): Specialty retail stores – which include sporting goods and F & B – are expected to grow by 6.

PETALING JAYA (March 16): While malls in the Klang Valley are facing challenging times, most will find ways to cope and survive.

PETALING JAYA (Feb 6): The Penang property market is expected to improve this year, despite it still being a buyers’ market, said the Malaysian Institute of Estate Agents (MIEA) Penang branch chairman Mark Saw.

PETALING JAYA (Nov 2): The world’s largest online shopping campaign, Alibaba’s 11.

PETALING JAYA (Aug 24): Despite concerns over a possible oversuply of retail malls in the Klang Valley, the authorities should not freeze the development of new shopping malls because that would further dampen the already slow economy in the country, said Malaysia Shopping Malls Association (PPK) adviser Tan Sri Teo Chiang Kok.

PETALING JAYA (Aug 4): When it comes to strata living, one of the perpetual issues plaguing property managements is the maintenance fee or service fee collection.

KUALA LUMPUR (Aug 4): There is never an oversupply of shopping malls, said Persatuan Pengurusan Kompleks (PPK) Malaysia adviser Richard Chan, an opinion that differs from the general belief.

ONLY a handful of about 200 attendees at the ­recent Real Estate Developers’ Associa­tion of Singapore (Redas) property market update seminar on July 7 spent at least S$200 (RM630) in a Singapore shopping mall in ­recent months, according to a straw poll ­conducted by Knight Frank ­Singapore’s ­Wendy Low, exe­cutive director of retail, and Alice Tan, head of ­consultancy and research.

SINGAPORE (June 6): LMIRT Management, manager of Lippo Malls Indonesia Retail Trust (LMIRT), is acquiring the entire issued share capital of PT Mitra Anda Sukses Bersama (PT MASB) from its owners for 310 billion rupiah (S$32.