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Tabung Haji drops office rents below prevailing rates near KLCC

Tabung Haji drops office rents below prevailing rates near KLCC

Tabung Haji drops office rents below prevailing rates near KLCC By Vasantha Ganesan | May 16, 2016 2:00 PM MYT A RECENT move by Lembaga Tabung Haji to lease its office space in Menara TH Platinum at Platinum Park, Kuala Lumpur, at way below market rental rates caught everyone by surprise and shocked real estate…

Oxley : Developers opt for strata route to sell buildings

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,…

Retail space in Klang Valley to hit 60 million sq ft in 2017

Retail space in Klang Valley to hit 60 million sq ft in 2017

Retail space in Klang Valley to hit 60 million sq ft in 2017 By Natalie Khoo / TheEdgeProperty.com | March 1, 2016 6:33 PM MYT PETALING JAYA (Mar 1): The retail space in Klang Valley will hit the 60 million sq ft mark in 2017, said Savills Malaysia managing director Allan Soo. He noted that…

Klang Valley office rental growth under pressure for next two years

Klang Valley office rental growth under pressure for next two years

Klang Valley office rental growth under pressure for next two years Published: 21 January 2016 7:11 PM Klang Valley office rental growth is expected to be under pressure owing to the new supply of 10 million sqft of space coming on stream over the next two years, according to Knight Frank Malaysia Sdn Bhd managing…