High demand for factory lots could push up space price

Budget boost: A file picture shows a semi-detached factory lot. According to WTW there are 119 units of factories in the first half of 2015 bringing a cumulative supply of 41,387 units in the Klang Valley.

PETALING JAYA: Prices of factory space could be on an uptrend by next year, spurred by upcoming infrastructure projects outlined under Budget 2016.

CH Williams Talhar & Wong’s (WTW) managing director Foo Gee Jen said that several projects announced under the budget would boost demand for factory lots in the country.