Putting industry into the property mix


Industrial components: Sim (left) with Holt at the launch of Knight Frank Malaysia’s report. Sim says developers should build industrial lots to tap the rising need for such properties, especially among foreign investors from China.

KUALA LUMPUR: Property consultancy Knight Frank Malaysia expects to see more townships with industrial components being built by developers as an alternative to conventional projects where residential and commercial elements are facing a glut.

Knight Frank Malaysia capital markets executive director Allan Sim said developers need to look at other ways to make their township projects more attractive, especially to investors.

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Business , Knight Frank , China , Holt

   

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