Demand for office space slows down

KUALA LUMPUR: The demand for office space has declined due to slowing growth with the rent-free period rising from the usual one month normally sought for renovation purposes to as high as six months, according to JLL Property Services (M) Sdn Bhd country head for Malaysia YY Lau.

JLL is part of the New York-listed Jones Lang LaSalle services and investment management firm.