MOF Inc Tower, Kuala Lumpur office rented for RM80,130 | DONE DEAL

Taman Titiwangsa, Kuala Lumpur bungalow rented for RM28,000 | DONE DEAL

USJ Sentral 3, Selangor shop sold for RM3m | DONE DEAL

According to Jacky Lai (REN 40995) (016-332 8079) of MP Global Realty Sdn Bhd, the tenants liked the fully-furnished-and-fitted unit, allowing for immediate occupancy. They also found the rental terms suitable for their current expansion plans. The office stood out from comparable listings because of its layout and design, which the tenants considered unique. The property was on the market for about a month following the end of the previous tenancy. The owner liked the tenants’ well-established profile and negotiations over the terms and conditions went smoothly.

A transaction on May 4, 2024 saw an office lot at the nearby Naza Tower, also in Platinum Park, with a built-up size of 6,845.8 sq ft leased at RM48,607, reflecting a price of RM7.10 psf (source: EdgeProp EPIQ).

As of beginning of September, based on *11 rental listings on EdgeProp for office units at MOF Inc Tower, the average asking monthly rate was RM50,351.18 or RM6.82 psf, based on built-up sizes ranging from 6,000 to 10,000 sq ft.

*This number does not represent unique listings

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