JLL Malaysia: Fortunes diverge for Greater KL office segments in 2018

KUALA LUMPUR (March 7): The KL central business district (CBD), KL fringe and decentralised areas within the Greater Kuala Lumpur office market are expected to perform differently this year, as various factors drive demand for certain locations more than others, according to JLL Property Services (Malaysia) Sdn Bhd international real estate agent James Short.

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DONE DEAL: Industrial factory, Seksyen 34, Shah Alam

Rented for: RM28,000 a month Concluded by: Eric Mok (PEA 1617) of Ping Properties (012-338 0356) When: November 2017 Noteworthy: ● Land size: one acre ● Empty unit ● Built up: 16,500 sq ft According to Ping Properties probationary estate agent Eric Mok, who concluded the deal, the tenant of the factory liked the area given its proximity to the factory he has previously leased.

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