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HOW MUCH DO SHOPPING MALLS CHARGE THE RENTAL? (Shopping mall @ series 2)
Don’t be envious if you see retailers in shopping malls thriving with long customer queues and impressive revenue. They may be paying steep rental for the privilege. For instance, a prime 2,500-square-foot specialty retail lot in a super mall could command a monthly rent of RM150,000/- or equivalent to RM5,000 per day. On top of that, some tenants are also charged with a percentage-based rent based on their monthly gross sales. Let’s take a closer look at the rental revenue details we’ve compiled for you.
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This blog / insight is based on Agility Valuers & Property Consultants / Agility Research (AVPC)’s current understanding and insights about the related topic in the current property / real estate market context. Agility Valuers & Property Consultants / Agility Research (AVPC) makes no guarantees, representation or warranties of any kind, expressed or implied, regarding the information including but not limited to, warranties of content, accuracy and reliability. Interested parties should undertake their own inquiries as to the accuracy of the information. Agility Valuers & Property Consultants Sdn. Bhd. / Agility Research (AVPC) excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss or damages arising therefrom.
Neither the whole nor any part of our blog or insights may be included in any published document, circular, prospectus or statement, nor published in any way without the prior written approval of Agility Valuers & Property Consultants Sdn. Bhd. / Agility Research (AVPC). We shall not be obligated to update this blog / insight in response to changes in market conditions or the regulatory environment subsequently.
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