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.
Demand for older, non-prime offices continues to decline as tenants favour modern, energy-efficient spaces in well-connected locations in newer prime office buildings.
Ungku Iskandar urged policymakers and developers to adopt data-driven planning and a unified oversight to tackle housing and commercial oversupply.
Avaland said an independent valuation by CBRE WTW Valuation & Advisory Sdn Bhd appraised the leasehold land, located adjacent to Plaza 33, at RM49 million.
CBRE | WTW group managing director Tan Ka Leong: “As we look to 2025, it is clear that the Malaysian property market is entering a transformative phase.
Macdonald: “I am eager to collaborate with my new colleagues to enhance the value we provide to our clients, meeting their diverse capital requirements, and driving business growth throughout the Asia-Pacific region”.
“People in the Klang Valley are becoming more receptive to high-rise living due to land scarcity and affordability.
Nevertheless, he noted that increased demand and market shifts have led to an overall reduction in overhang units in 3Q2023, with a 22% decrease year-on-year from 3Q2022.
The survey revealed that Japan is expected to lead the investment recovery in the second quarter (2Q2023), followed by mainland China and Hong Kong in the following quarter, and Singapore, India and New Zealand in 4Q2023.
The valuer for Semantan Estate, CBRE | WTW chairman Foo Gee Jen, had estimated mesne profit without interest to be about RM3.
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