Demand exceeds supply for green-certified Grade A office in KL – JLL report
Currently, the demand for green workspaces in KL is estimated to be approximately between 40% and 45% while supply only stands at 35%.
Currently, the demand for green workspaces in KL is estimated to be approximately between 40% and 45% while supply only stands at 35%.
CIDB’s bid to elevate the quality of Malaysian buildings is laudable and a move in the right direction.
Meanwhile, another RM7.
Major office occupiers in Kuala Lumpur City comprise oil & gas (O&G), finance and banking, and flexible space operators; whereas KLF encompasses flexible space operators, information technology (IT) and commerce, BPOs and shared services, as well as insurance and financial institutes.
With substantial funds allocated to infrastructure projects, this “is an opportunity for developers to participate in large scale projects with lower risk profile”.
Presenting Knight Frank Malaysia's white key paper titled “ESG by Design: Selangor’s Path To Sustainable Industrial Real Estate”, Frank Malaysia executive director Allan Sim said: “With the launch of Selangor’s Managed Industrial Park (MIP) standard, coupled with green features certification and ESG adoption, MIP developments are expected to attract high-value investment.
Clearly, it is at the state and local authorities that improvements will go a long way towards containing home prices.
The research house said projects close to the Rapid Transit System (RTS) should continue to see strong demand, and the Singapore dollar-driven consumer spending power is expected to have positive spillover effects on the retail, hospitality and real estate players further out from the city centre over time.
No rightful homeowner should be disadvantaged in any scheme in the name of redevelopment, rejuvenation or revitalisation when there are plenty of reasons such a move is unnecessary.
“Real estate agents are reporting institutions, which have obligations to carry out, among others, customer due diligence measures if there is reasonable suspicion of the commission of a money laundering offence or a terrorism financing offence.