Office rental rates to remain stagnant

WTW says with the additional 5.89 million sq ft by year-end, it will continue to be a tenants’ market.

PETALING JAYA: Rental rates for office space in the Klang Valley is expected to remain stagnant in 2015 due to anticipated incoming supply of nearly six million sq ft this year.

According to CH Williams Talhar & Wong’s (WTW), with the additional 5.89 million sq ft by year-end, it will continue to be a tenants’ market.