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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,…
Tuesday, 29 December 2015 Office space blues from oil and gas companies BY INTAN FARHANA ZAINUL Cost-cutting measure: The 29-storey Menara ExxonMobil has been leased to the company since 1997 and the O&G giant is looking at occupying up to only half of the building. PETALING JAYA: The bleak long-term outlook of oil prices has…
The Intermark, TRX and KL Sentral stand out in 2015 By Vasantha Ganesan / The Edge Malaysia | December 26, 2015 10:45 AM MYT BELIEVE it or not, the year 2015 can be considered one of the most vibrant in the history of the local property sector despite a general slowdown. There was no dearth…
Monday, 4 January 2016 Grade A office rent under pressure BY THEAN LEE CHENGandEUGENE MAHALINGAM Low oil prices hit O&G firms which pay top money for office space PETALING JAYA: Low oil prices and slowing economic growth have resulted in companies from across the board renegotiating their leasing agreements, property consultants say. The focus seems…
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