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.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , property

Next In Business News

GoGiggers programme sees 34.4% improvement in riders' financial well-being
Maybank, CIMB launch credit cards for everyday living costs
Oil prices rise as storms and air strikes threaten supply
BOJ's dovish dissenter signals support for future rate hikes
FBM KLCI stays rangebound amid cautious sentiment
Trading ideas: Scientex, CIMB, Samaiden, IAB, Zetrix AI, Dialog, Elridge, Mesiniaga, Willowglen, Berjaya, OCK, Sunway, Asteel, Top Glove
Dialog secures Thai oil and gas block concession
A trader’s guide to navigating Budget�2027
Willowglen bags RM17.8mil MRT contract
Top Glove sees sustainable recovery ahead

Others Also Read