Offices and malls remain in oversupply, pressure on vacancy and rental rates
KUALA LUMPUR (Apr 3): Oversupply conditions in the office space and shopping complex (OSSC) segment in Malaysia have not improved.
KUALA LUMPUR (Apr 3): Oversupply conditions in the office space and shopping complex (OSSC) segment in Malaysia have not improved.
KUALA LUMPUR (April 2): AEON Retail will offer a 28-day rental waiver for the period of the Movement Control Order (MCO) to tenants with non-essential businesses that are unable to operate at their premises, reported Focus Malaysia today.
PETALING JAYA (Mar 27): Tenants of Tropicana Gardens Mall, Kota Damansara, Selangor, will see their rentals waived for the duration of the Movement Control Order (MCO).
KUALA LUMPUR (March 26): Capitaland Malaysia Mall Trust (CMMT) will provide a 14-day rental waiver to tenants who provide non-essential services across all seven Capitaland malls amid the Movement Control Order (MCO), the trust said yesterday.
KUALA LUMPUR (March 23): Sunway Malls, the retail division of Sunway Group Bhd, is offering RM20 million rent free to non-essential retailers for the 14-day movement control order (MCO) period.
KUALA LUMPUR (March 10): Kanger International Bhd has signed 10-year lease agreements for two of its commercial buildings in Ganzhou city, China.
SINGAPORE (Feb 28): Residential rents in Singapore rose to a three-year high in 2019, with prices boosted by strong overseas demand that signals the city state’s continuing appeal among expatriates, Bloomberg reported today.
KUALA LUMPUR (Feb 21): YTL Hospitality Real Estate Investment Trust (YTL REIT) posted a 2.
You might miss this little gem if you didn’t pay a little extra attention while passing by Jalan Abdullah off Jalan Bangsar in Kuala Lumpur.
KUALA LUMPUR (Jan 17): The Federation of Malaysian Manufacturers (FMM) Eastern Branch is protesting the higher quit rent for industrial and business landowners in Pahang that took effect on Jan 1, which it said has increased by up to 34 times.