KL fringe to face office space glut


KL update: Fossick and Lau at the press conference on KL Office Outlook market update.

KUALA LUMPUR: The fringe area of Kuala Lumpur is expected to face an office space glut by 2017, said JLL Malaysia country head Y.Y. Lau.

She said office rents are projected to decline on the back of a weakened economy and supply concerns over the next few years.

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