KUALA LUMPUR (Jan 29): Supply limitations in the Greater Kuala Lumpur office market are expected to intensify from 2027, with only a single non-strata Grade A office project scheduled for completion.
Nationwide office occupancy rates fell to 77.
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.
Ijok, Selangor industrial land sold for RM6.
Developed by Tan & Tan Developments Berhad, is the final phase of shop offices in Kundang Jaya offering only 38 units of freehold, 2-storey shop offices designed for high visibility and growth in a rising catchment.
Taman Midah, Kuala Lumpur factory sold for RM5.
The SFO scheme in Forest City is backed by a zero-tax incentive—first announced in September 2024—targeted at attracting ultra-high-net-worth individuals and family investment entities into Malaysia.
Damansara Heights home with great potential, sold | DONE DEAL Desa ParkCity condo with stunning views sold (Westside III) | DONE DEAL Plaza Damansara in Damansara Heights is a well-known commercial area with a mix of offices, shops, and places to eat.
The properties, located on levels five and six of Ho Hup Tower in Plaza Bukit Jalil, are being sold to Premium Realty Sdn Bhd and Sensecube Sdn Bhd respectively, both of which are wholly owned units of Insas.
“Continued observations of preferences for more flexible tenancy contracts and hybrid work arrangements suggest adjustments in supply still have some way to go.
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