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Property consultants want govt to address office space oversupply


The Klang Valley has office space totalling some 120 million sq ft. According to TRX website, there will be 26 buildings with a gross floor area of 21 million sq ft inclusive of commercial and residential space in the 70-acre development. - Filepic

The Klang Valley has office space totalling some 120 million sq ft. According to TRX website, there will be 26 buildings with a gross floor area of 21 million sq ft inclusive of commercial and residential space in the 70-acre development. - Filepic

PETALING JAYA: Saving Tun Razak Exchange (TRX) will need more than capital injection from the Government as property consultants feel the oversupply of office property will need to be addressed.

Rentals at TRX would also need to be brought down to a more attractive level as Kuala Lumpur’s multi-year showcase property will need to attract both local and foreign companies.

Property , Construction , Corporate News , trx

   

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