Vacancies up, rents down, in the crowded office market

Note: *KL and Selangor have a combined 144.81 mil sq ft, or 64.65% of the country’s total office spaceThe situation facing the Klang Valley office market is best encapsulated when taking a drive from Jalan Sungai Besi heading towards Jalan Tun Razak and on to the shopping district of Bukit Bintang.On the 70-acre Tun Razak Exchange, or TRX for short, is the city’s financial district, a legacy of former prime minister Najib Razak.

Affin Bank and HSBC headquarters are expected to be completed by the end of this year. Menara Prudential is close to full occupancy. As one heads towards the shopping district of Bukit Bintang, office owners on 20-acre mixed integrated development Bukit Bintang City Centre on the former Pudu Prison site, are also seeking tenants.

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Collectors of digital NFTs see a ‘Wild West’ market worth the risk | Malay MailNEW YORK, June 6 — They are technology enthusiasts on the hunt for opportunities in the Wild West market surrounding NFTs: The popular certified digital objects that have spawned a new generation of collectors convinced of their huge potential.   Brandon Kang, a 25-year-old videographer...
Herkunft: malaymail - 🏆 1. / 86 Weiterlesen »

Covid-19: Bukit Mertajam market traders told to undergo screening, three cases detectedBUKIT MERTAJAM: The Seberang Prai City Council (MBSP) has issued notices to traders at Bukit Mertajam market to undergo a swab test after several traders tested positive for Covid-19.
Herkunft: staronline - 🏆 4. / 75 Weiterlesen »