Retailers urge landlords for discounts to counter Covid-19


PETALING JAYA: Shopping malls and owners of shophouses have been urged to give their tenants rental rebates from 30% to 50% for the next six months to help them ride out the effects of the Covid-19 coronavirus outbreak.

The Malaysia Retailers Association (MRA), Malaysia Retail Chain Association (MRCA), Bumiputra Retailers Organisation (BRO), Asean Retail-Chains & Franchise Federation (ARFF) and Branding Association of Malaysia (BAM) said this is similar to what the shopping malls and landlords have done for their tenants in Hong Kong and Singapore.

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Monthly Plan

RM 13.90/month

RM 11.12/month

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

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Annual Plan

RM 12.33/month

RM 9.87/month

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

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