September 2018

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…

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…

Merdeka 118 – Alternative to KLCC Office Space

Merdeka 118 to offer alternative to KLCC Monday, 24 Sep 2018, 1:54 PM MYT KUALA LUMPUR: Permodalan Merdeka Ventures said the Merdeka 118 development in the Stadium Merdeka 14-acre land will offer an alternative to the Kuala Lumpur City Centre (KLCC) location. “We are offering an option to KLCC,” said CEO Tengku Datuk Abul Aziz….

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