Amir Hamzah: Malaysia to attract family offices with assets of RM500m to RM1.2b
“The family office sector is projected to grow by 75% globally by 2030.
Schneider Electric: More than half of KL's offices urgently need modernisation to meet energy efficiency standards
Quah said one of the most critical elements of building modernisation efforts includes using an advanced building management system (BMS).
Kein Hing to buy land with factory and office in Selangor for RM5.9 mil
The property, situated on freehold land measuring 23,479.
Aging office buildings without sustainability upgrades risk losing tenants — JLL Malaysia
According to the JLL’s study, newly-completed ESG-compliant office buildings in Greater KL command higher occupancy rates at 80% to 90%, with average achievable rents exceeding non-green buildings.
KL prime office market to remain stable for next 12 months, says Knight Frank
Newly launched Grade A projects in Kuala Lumpur recorded significant take-up from major international tenants, as occupiers gravitated to high-quality spaces with green accreditation, the report said.
Vestland to acquire office suites, warehouses for RM25 mil
Vestland intends to fund the proposed office acquisition via internally generated funds, while the proposed warehouse acquisition will be funded through a mix of internally generated funds and bank borrowings.
Office fit-out costs in Singapore rise to S$188 psf, highest in Southeast Asia
Among Southeast Asian cities, Manila had the second highest average office fit out cost at S$129 psf, followed by Bangkok at S$144 psf.
Grade A prime office spaces continue to be in demand — JLL (Malaysia)
In the KL fringe market, there was also slight improvement in vacancy rate, decreasing from 7.
DONE DEAL: Office, Megan Avenue 1, Jalan Tun Razak, Kuala Lumpur
DONE DEAL: Shoplot, Denai Alam, Selangor DONE DEAL: Semidee house, Damansara Heights, Kuala Lumpur Previously known as the Circular Road, Jalan Tun Razak is one of the most lively thoroughfares in Kuala Lumpur’s Golden Triangle.
Shopping complex occupancy rises slightly y-o-y in 2023, office space remains flat
Based on Napic’s Property Market Report 2023 released on Wednesday, the occupancy rate of shopping complex retail space in 2023 rose to 77.
