AsiaMalls selling Setapak Central Mall to S'pore company


Keen interest: AsiaMalls is in negotiations with global integrated real estate fund manager ARA Asset Management to sell the mall.

PETALING JAYA: There has been quite a bit of buying and selling of neighbourhood malls in the past week and it would seem that the sale and purchase of a third mall is likely to be concluded soon.

AsiaMalls Sdn Bhd, which has been in the news the past week, is said to have found a third buyer for one of the five malls in Malaysia.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , Asia Mall , Setapak , selling , Singapore , property ,

Next In Business News

Perlis Inland Port to contribute to US$30bil Malaysia-Thailand trade target
Shifting to a lower gear
Bracing for a higher rate era
AI trade turns selective
AI investment play requires careful portfolio selection
Hormuz gloom for European stocks
Asia-Pacific debt markets gain traction
Prioritising compute power over health
Sobering times for alcohol industry
Mountains teeming with tea

Others Also Read