Companies scaling back on office space per head
PETALING JAYA (March 24): Companies are more sensitive and cautious in their spending on office space compared with 20 to 30 years ago, said JLL country head for Malaysia YY Lau.
Asia Pacific office space demand up by 33% in 2015
PETALING JAYA (March 22): Despite the slowdown in the property market, demand for Asia Pacific’s office space increased by 33% in 2015 compared with 2014, said JLL’s head of research of Asia Pacific capital markets Megan Walters.
6 reasons you should choose energy-efficient homes
When you buy or build a house, the common concerns are most often the location, design and layout, reputation of the developer and the price.
Malaysian property agents must reach out to foreign markets in globalised era
KUALA LUMPUR (March 12): As globalisation is an unavoidable trend in the future, especially after the signing of Trans-Pacific Partnership (TPP), Malaysian real estate agents need to equip themselves with cross-border property investment knowledge to embrace future challenges, urged Malaysia Property Incorporated (MPI) general manager Veena Loh (pictured).
More pressure on KL commercial property this year
KUALA LUMPUR (Feb 5): With more incoming supply, Rahim & Co expects the Kuala Lumpur office market in 2016 to be more challenging in 2016.
PJ City Council promises action on one-way loop congestion
PETALING JAYA (Jan 27): Petaling Jaya City Council (MBPJ) has promised to take action to solve traffic congestion woes on the Petaling Jaya One Way Loop (OWL) system.
Klang Valley office rental growth to be under pressure over next two years
KUALA LUMPUR (Jan 21): Klang Valley office rental growth is expected to be under pressured owing to the new supply of 10 million sq ft coming on stream over the next two years, according to Knight Frank Malaysia Sdn Bhd managing director Sarkunan Subramaniam (pictured).
Cost saving, trends to impact office space
In manoeuvring around the slow property market, multinational companies (MNCs) are looking at ways to save cost.
Guan Eng instructs Penang's Land Office not to authorise any 1MDB land transactions without his approval
GEORGE TOWN (Jan 13): The State Land and Mines Office has been instructed not to authorise any land transactions involving 1Malaysia Development Bhd (1MDB) without the state's prior approval.
KL office rental rates under pressure
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.
