Kuala Lumpur office glut could worsen, property report warns
Nationwide office occupancy rates fell to 77.
Nationwide office occupancy rates fell to 77.
The master plan would provide a clear and structured guide for investors while coordinating development across the zone also known as the JS-SEZ, said Economy Minister Akmal Nasrullah Mohd Nasir.
Padini had 149 domestic outlets with annual lease payments of RM145.
While portions of the land are currently occupied by tenants, Oriental Interest noted that these tenancies are expected to expire by the deal’s completion.
The JV company, Lum Chang Tien Wah Property Sdn Bhd (LCTWP), has signed an agreement with MyTelehaus Sdn Bhd to develop, own, lease and operate a data centre.
The Mansions @ ParkCity Heights, Kuala Lumpur terrace house sold for RM9.
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.
Phase 4 of Ridge View @ Puchong is part of the larger 25-acre gated and guarded development.
The decades-old Petaling Jaya suburb is set to evolve with the emergence of new development pockets.
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.