Nomad Group to open new offices in Klang Valley

KUALA LUMPUR: The Nomad Group Bhd, an integrated provider of serviced offices, hotels and serviced residences, is looking for potential office space around the Klang Valley to open more new serviced offices in Kuala Lumpur and Selangor, says General Manager Cheng Shea Li.

"Currently we are focusing on Klang Valley," she said, adding that in the next one or two years, the group planned to penetrate other countries in the reigon where it has yet to have a presence.

"We can only move to other regional countries after careful and strategic planning," she said.

Apart from Malaysia, the group has serviced offices in Jakarta, Singapore, Manila, Bangkok and Ho Chi Minh City in Vietnam.

"We are looking for areas that are located in central business districts and have all the important amenities such as food and beverages, banking and public transport," she told reporters after the opening of its first business centre in the Klang Valley suburb.

Cheng said the new office in Mont Kiara is expected to attract professionals and Gen-Y entrepreneurs from Mont Kiara, Sri Hartamas, Dutamas and Damansara Perdana.

Cheng said the 13th new new business centre would provide serviced office suites, shared office space, virtual office, meeting rooms and video conference facilities coupled with fresh contemporary outlook.

"Our office are in prime locations offering convenience from accessibility to amenities and prestigious business addresses," she added.

Meanwhile, Chief Executive Officer Roy George said the group is expecting to grow its serviced office space by 30% this year from 200,000 sq ft now. He said the group has opened a new centre in Jakarta at Equity Tower in the Sudirman Central Business District.

"Equity Tower met our requirements for a prime business address and building features. The Nomad Offices, occupying the 49th floor, makes us one of the highest serviced offices in the area, commanding a panoramic view of the Jakarta central business district skyline," he said.

George said serviced offices contributed about 40% or RM30.4 million in terms of group revenue and hotels and serviced residences the rest.

He said the occupancy rate of serviced offices was about 80% while hotels and serviced residences about 75%. On hotel and serviced residences, George said, the group was constantly on the lookout to invest here as well as in regional cities.

On outlook, George said, the group expects the business environment to remain challenging for the financial year 2013. - Bernama