Can Malaysia solve retail oversupply

Publication

12 January 2017 à 15h45

Updated on 10 May 2019 à 18h01

Reading time

2 minutes

Publication: 12 January 2017 à 15h45, Updated on 10 May 2019 à 18h01

Reading time: 2 minutes

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Publication

12 January 2017 à 15h45

Updated on 10 May 2019 à 18h01

Reading time

2 minutes

Publication: 12 January 2017 à 15h45, Updated on 10 May 2019 à 18h01

Reading time: 2 minutes

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Moving to reduce the glut of retail space in Malaysia, the Retail Chain Association (300 retailers operating over 20,000 stores in the country) requested that the government temporarily freeze the issuance of licences for new malls. According to the Deputy President Valerie Choo, retail oversupply impacts rental growth potential and also puts increasing pressure on margins. The P.P.K.M. association, which represents 90% of the mall owners and operators in the country, also asked for a...

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