Shopping Mall Rental Rates Malaysia
The average occupancy rate of malls in greater kl declined by 15 yoy registering at 875 as of the end of 2017. An example guideline of shopping mall rental rates in singapore.
Puyallup Wa Retail Space For Lease Loopnet Com
Suitable for retails food restaurant cafe etc.
Shopping mall rental rates malaysia. New malls have struggled to achieve a high occupancy rate on opening day. Malaysia bed and breakfast. In lieu of all this the rental rates excluding anchor tenants dropped from rm1303 psf to rm1209 psf in kuala lumpur last year but held stable in selangor at rm1012.
Still varies a lot suburban mall area. It is a bit unfair to put a rm30k price on every lots though but one thing for sure the rental will be at least up to five figures for just the average locations. Rental price depends on floor level and size.
Despite the growth of the e retail market 27 new malls are expected to be ready in greater kuala lumpur alone by 2021 adding to the glut in commercial properties. Available shop lots at queensbay for sale rent. For most shopping malls the rental price for a shop lot is calculated according to the size in square feet and varies from level to level.
Queensbay mall is the longest shopping mall in penang malaysia. In kl the average rental rates of retail space were generally stable with isolated upward movements recorded in selected complexes. The occupancy rates for both regions however fell to 82 from 832 in kuala lumpur while selangor saw a fall to 79 from 817.
Top malaysia shopping malls. The opening occupancy rates for kl gateway in bangsar south and mytown shopping centre in cheras were between 30 and 40. Suria klcc remained in a class of its own securing rental rate of more than rm2000 p sq m for its lower ground floor units noted napic.
During these shopping sales there are discounts up to 90 in many stores. For shopaholics who worry about breaking the bank now is the time to shop. See reviews and photos of shopping malls in malaysia asia on tripadvisor.
12 35sqf some suburban areas might ask town rent prices too depending on traffic in the area. For most tourists shopping in malaysia is already quite affordable due to the conversion rates of their own currency to the malaysia ringgit. 35 60sqf 313 somerset 1st floor with front facing the main road was asking 100psf.
Participating shopping malls include pavilion kl sunway pyramid sunway putra mall fahreneit88 intermark mall suria klcc sungei wang and more. Things to do in malaysia. The ongoing malaysia super sale which is running until 15 mar 2018 offers shoppers up to 70 off discounts nationwide.
Bargaining is usually not the best option in modern shopping malls but you may always ask for a better price.
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