‘Cloudy outlook for KL, Selangor office markets’

Jan 29

PETALING JAYA (Jan 29): The outlook for Kuala Lumpur and beyond Kuala Lumpur (Selangor) office markets continues to be gloomy, Knight Frank Malaysia said in a report today.

Headwinds in the office market thanks to supply glut

Jan 23

PETALING JAYA (Jan 22): The Kuala Lumpur office market is likely to remain subdued due to supply glut, with developments such as Tun Razak Exchange (TRX), Merdeka PNB 118 and Sapura Tower nearing completion, said property consultancies Edmund Tie & Co (SEA) Pte Ltd and Nawawi Tie Leung Property Consultants Sdn Bhd in their “Kuala Lumpur Q4 2017: Retail sector was undergoing stress test” report.

Weaker KL prime office market ahead, says Knight Frank

Dec 18

PETALING JAYA (Dec 18): The prime office market in Kuala Lumpur is forecast to be weaker for the next 12 months, according to Knight Frank’s Asia Pacific Prime Office Rental Index 3Q17.

England struggles with housing shortage

Nov 27

LONDON (Nov 27): In a cramped apartment in an industrial zone in south London, Sandra Rumkiene recounts her struggles to bring up a baby as one of a growing number of poor families forced to live in temporary housing.

IJM to build HSBC office for RM392m

Nov 07

KUALA LUMPUR (Nov 7): IJM Corp Bhd is constructing an office building for HSBC Bank Malaysia Bhd in Kuala Lumpur city centre, at a contract sum of approximately RM392 million.

Purpose-built Office Rental Index continues uptrend in 2Q17

Oct 27

PETALING JAYA (Oct 27): The Purpose-Built Office (PBO) Rental Index for Klang Valley, Johor Bahru, and George Town grew in the second quarter of 2017 (2Q17) from a year ago, according to the “Economic Report 2017/2018”.