News by Chin Wai Lun

Rehda Malaysia president Datuk Soam Heng Choon: Throughout the 50 years of our formation, we have played a vital role in the betterment of the property industry and nation, by being a key partner to the government in its various initiatives.

How are a couple of F&B operators adapting to stay afloat in these trying times? And, are they innovating to stay ahead of the game?

Consumer shopping habits are changing. The usual mall offerings consisting of retail shops, departmental stores and F&B outlets do not suffice anymore.

Rehda vice-president and Selangor Branch chairman Zulkifly Garib: For properties, location is a matter of choice. For example, there are places where the Bumiputeras will not choose to live and also places where non-Bumiputeras will not go to. It is tricky to find a balance.

The MCO has spurred many to embrace cooking, even those with little experience are dabbling in the kitchen as they face no prospects of eating out. Some have seen their cooking skills soar, while many crashed and burned.

Sold for: RM2,000,000 (RM654.24 psf based on land area); Concluded by: Joseph Tin (REN 31981) (019-265 6602) of Tech Realtors Properties Sdn Bhd; When: December 2019

Malaysia Shopping Malls Association (PPK) president Tan Sri Teo Chiang Kok: Judging by statistics, [malls] are still not yet overbuilt save for specific areas. On a per capita basis, the volume of retail space is still manageable

KIP Group of Companies CEO Valerie Ong said these community-centric neighbourhood malls could rebound quicker than those with luxury offerings post-MCO.

Datuk Azmir Merican Azmi Merican: Our future depends on our ability to be resilient and we will have to remain focused on identifying opportunities while adjusting to the new norms so that we can sustain our performance and remain competitive.

Acting group CEO Datuk Wan Hashimi Albakri will resume his position as chief operating officer - township development.