All Posts in Category: Market Updates

Shah Alam Slowly Becoming A Ghost City

Shah Alam appears to be slowly turning into a ghost city, with several high rise office buildings and malls becoming nearly abandoned. Pavither • January 30, 2020 Around five years ago, Plaza Perangsang was one of the busiest places in Shah Alam, catering to a lot of shoppers and office workers. But now it is almost empty,…

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Knight Frank: KL office rents see quarterly rise in Q32019

December 03, 2019 PETALING JAYA (Dec 3): Kuala Lumpur’s office rents recorded a 2.1% q-o-q increase in the third quarter of 2019, according to real estate consultancy Knight Frank’s Asia-Pacific Prime Office Rental Index.  Nevertheless, Knight Frank Malaysia expects KL office rental to decline in the future as the 2.1% rise was mainly due to…

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Singapore co-working reaches next level luxury with Raffles deal

March 13, 2019 11:38 am +08 SINGAPORE (March 13): The Great Room’s co-working space in Singapore’s Centennial Tower doesn’t look like your average office. The floor is marble, the finishings are brushed gold and there’s coconut water in the pantry fridge. It’s a step up from the sector’s more utilitarian offerings, and the pricing reflects…

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