Kuala Lumpur office glut could worsen, property report warns
Nationwide office occupancy rates fell to 77.
Nationwide office occupancy rates fell to 77.
Much of the discussion has centred on Malaysian owners, but foreign residents, especially Malaysia My 2nd Home (MM2H) visa holders who own properties, also need to understand how the URA might affect them.
Rahim & Co International Property Consultants director of research Sulaiman Saheh said growth opportunities are strongest along the RTS and JS-SEZ corridor, but it remains uncertain how far the spillover effect will reach other parts of the state.
According to Paramount, the site, located within the Putrajaya Sentral masterplan, is near Putrajaya Sentral Station, the city’s main integrated transportation hub connecting the MRT Putrajaya Line, the KLIA Transit Express Rail Link and bus networks.
Demand in the industrial sector is expected to rise in higher-value industries such as electrical and electronics, semiconductors, data centres and technology-related manufacturing, according to CBRE | WTW’s Malaysia Real Estate Market Outlook 2026 report.
The decades-old Petaling Jaya suburb is set to evolve with the emergence of new development pockets.
The Mansions @ ParkCity Heights, Kuala Lumpur terrace house sold for RM9.
“Cross-border integration is no longer just about geography or infrastructure; it requires coordinated planning, policy, and investment to ensure sustainable growth, and long-term value creation.
RHB noted that aggregate property sales rose 11.
"This divestment forms part of our active portfolio management and capital discipline, where mature, smaller-format properties are monetised at attractive valuations and capital is redeployed into larger, scalable properties with stronger long-term growth.