Still too early to offer rental rebates, say M'sian mall owners


PETALING JAYA: The Malaysia Shopping Malls Association (PPKM) says it is too early to offer rental rebates to its tenants or retailers, and that further monitoring is needed to assess the impact of the Covid-19 coronavirus on the Malaysian retail sector.

This comes following a statement by retail associations urging shopping malls and shoplot owners to give tenants rebates of between 30% and 50% to help them ride out the effects of the Covid-19 outbreak.

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!
Shopping Mall , Coronavirus , Covid-19

Next In Nation

Quake off Batu Pahat: Residents thought tremors caused by lorries
Five-year-old killed by uncle had returned to Tanjung Sedili to collect medicine
Carpenter dies after falling while carrying out roofing works
October sitting to be current Sarawak assembly’s last, says Speaker
Melaka polls: Major policy decisions on hold until new govt is formed, says state secretary
Outsiders shouldn't interfere in Negri's administrative affairs, warn ruling chiefs, Tunku Besar Tampin
Smart city development must put people first, says Nga
Negri MB, exco to have 'ice-breaking' session with Tunku Nadzaruddin tomorrow
Formal talks with EC to boost Sabah, Sarawak representation in Parliament underway, says Mustapha
Melaka polls: Seven-seat offer for Perikatan not final, talks with Umno still ongoing, says Hadi’s pol-sec

Others Also Read