News about office

KUALA LUMPUR (Aug 8): Synergy Promenade Sdn Bhd's suit against the Federal Land Development Authority (Felda) and its investment arm, Felda Investment Corp Sdn Bhd (FIC), as well as the Land and Mines Office Wilayah Persekutuan Kuala Lumpur (PTG WPKL) relating to the Kuala Lumpur Vertical City project will be heard in the High Court on Oct 17.

PUTRAJAYA (Aug 3): The Government has agreed in principle to the proposal of land insurance security concept for land transactions, said the Water, Land and Natural Resources Ministry.

  KUALA LUMPUR (July 18): Escalating supply and slowing occupiers demand for office space are expected to impose challenges for the office market in Kuala Lumpur for the next few years, according to Nawawi Tie Leung Property Consultants (NTLP).

随着巴生谷办公空间的供应持续走高，业主之间争夺租户的竞争也变得越来越激烈。 根据国家产业资料中心（简称NAPIC）数据，吉隆坡办公空间在2018年报889万平方米，但使用率则从2017年的80%，下滑至79.

As the volume of office space in the Klang Valley rises, competition in securing tenants has become more intense.

  KUALA LUMPUR (May 16): A Debt Management Office (DMO) has been set up to review and manage the government’s debt and liabilities, which will be chaired by Finance Minister Lim Guan Eng.

  Owners of units in Selangor high-rise residential buildings are experiencing a drastic increase in quit rent charges this year.

KUALA LUMPUR (April 12): Malaysia Rail Link Sdn Bhd (MRL) and China Communications Construction Co Ltd (CCCC) have signed a supplementary agreement pursuant to the East Coast Rail Link (ECRL) project, which will proceed at a lower cost of RM44 billion compared with its original cost of RM65.

PETALING JAYA (March 27): Due to large incoming supply, risks are expected to remain elevated for the office space and shopping complex property segment in Malaysia.

  In attempting to rejuvenate an aging town or building, we could always demolish and rebuild from scratch.