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.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , industry , outlook , property , factory , lot , space , demand , price , stocks , shares , klci , klse ,

   

Next In Business News

Falling property prices - a boon for buyers
Grey neighbourhoods: fit for the ageing
Ringgit seen holding steady against US dollar next week
Oil posts biggest weekly gains in over a year
Dow ends at record high on easing economic worries
Much hinges on US polls
Cruising making waves
Navigating global market landscape
E-scooters charging up daily commutes
Pestech in corporate exercise

Others Also Read