THE Klang Valley will continue to suffer an oversupply of retail space for years to come as about 18.5 million sq ft of retail space, now under construction or planned, is almost certain to add to the existing 27.4 million sq ft, says Rating Agency Malaysia Bhd (RAM).
It said that some 9.9 million sq ft of retail space was currently under construction and another 8.6 million sq ft represented planned supply.
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