Stable rental rates for malls


New retail space will be added at (clockwise from top left) Capsquare Mall, Quill City Mall and IOI City Mall.

RENTAL rates at shopping complexes within the Klang Valley are expected to remain stable for the remainder of 2014, as the market is anticipated to see healthy growth in retail space this year.

According to property consultant CH Williams Talhar & Wong Sdn Bhd (WTW) in its retail sector report on the Klang Valley, some 4.88 million sq ft of net lettable area of space is expected to come in later this year.

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Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

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Business , Retail , outlook , market

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