All Posts in Tag: KLCC

Leasing challenge for TRX

Leasing challenge for TRX Saturday, 22 Sep 2018 Asking price: The initial asking rent of RM17 per sq ft sought by Exchange 106 may come down to between RM11 and RM12 per sq ft. However, Lombardo (pic, below) is keeping mum on his asking rent for the Lifestyle Quarter. THE existing trend of rising office…

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Office space take-up rate drops with O&G downturn

Office space take-up rate drops with O&G downturn Saturday, 22 Sep 2018 JONES Lang Wootton’s in-house research indicates that the annual net office take-up in the Klang Valley in 2016 and 2017 was 1.25 million sq ft and 0.57million sq ft respectively. These figures are relatively low compared with a very healthy market when the…

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Oxley : Developers opt for strata route to sell buildings

Monday, 21 March 2016 Developers opt for strata route to sell buildings BY THEAN LEE CHENG PETALING JAYA: The rout on oil prices, the Klang Valley’s oversupply of office space and the overall soft property market have compelled developers to change tactics when selling their buildings. The rental market also found itself in a similar situation,…

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KL office rental rates under pressure

KL office rental rates under pressure By Hannah Rafee / theedgeproperty.com | December 25, 2015 10:45 AM MYT A large supply of office space continued to weigh on rental rates in Kuala Lumpur, KL Fringe and Beyond KL (Selangor) in 3Q2015, while the overall market is expected to remain gloomy until year end. This quarter,…

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