Shoppers wearing face mask walk through a shopping mall in downtown Kuala Lumpur, Malaysia, on Sunday, June 7,2020. Malaysian government has lifted the conditional movement order (CMCO) and replaced it with a recovery movement control order effective June 10 until Aug. 31. (AP Photo/Vincent Thian)
PETALING JAYA: The rapid change in shopping trends coupled with the impact of social distancing and uncertain job conditions will collectively have an impact on the performance of retail malls over the short to medium term.
Savills Malaysia in its report on the Kuala Lumpur retail sector for the first half of 2020, said investment transactions will be limited, just like the two previous years, with investor confidence and activity expected to be muted for the remainder of this year.
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