AsiaMalls selling Setapak Central Mall to S'pore company


Keen interest: AsiaMalls is in negotiations with global integrated real estate fund manager ARA Asset Management to sell the mall.

PETALING JAYA: There has been quite a bit of buying and selling of neighbourhood malls in the past week and it would seem that the sale and purchase of a third mall is likely to be concluded soon.

AsiaMalls Sdn Bhd, which has been in the news the past week, is said to have found a third buyer for one of the five malls in Malaysia.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , Asia Mall , Setapak , selling , Singapore , property ,

   

Next In Business News

Property market recovery on the horizon
Airlines must now provide automatic refunds for cancelled flights
Boeing CEO upbeat on cash goal, quality review
Battery recycling shatters the myth of EV waste
Congo accuses Apple of using ‘blood minerals’ from war-torn east
Battery stocks’ rally in India likely to extend
Ford profit up on sales of commercial vehicles
AI memory boom propels SK Hynix’s numbers
NYCB faces tough choices on CRE loans, balance sheet diversification
Inflation remains moderate at 1.8%

Others Also Read