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As Malls Stay Empty, Both Landlords and Tenants Struggle

11 mins·08:45, 24 Jun 2021
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As Malls Stay Empty, Both Landlords and Tenants Struggle

11 mins
·
08:45, 24 Jun 2021
·

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Shopping malls and retail industries nationwide are appealing to the government to reopen the sector by July, or risk 50% of retail businesses closing down for good. We speak to Sarkunan Subramaniam of Knight Frank on how the current lockdown is affecting the market for commercial properties, as well as policy measures that could alleviate the financial burdens of both landlords and tenants.

Image credit: mokjc / Shutterstock

Presenter: Wong Shou Ning, Philip See, Shazana Mokhtar

Producer: Sim Wie Boon

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