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Office space take-up rate drops with O&G downturn


JONES Lang Wootton’s in-house research indicates that the annual net office take-up in the Klang Valley in 2016 and 2017 was 1.25 million sq ft and 0.57million sq ft respectively.

These figures are relatively low compared with a very healthy market when the net take-up can be in excess of 3.5 million sq ft per annum.

   

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