Slight uptick seen for industrial property segment


Storage demand: The growing demand for e-commerce in the country has given rise to the requirement for more storage space.

THE Malaysian industrial property segment is set to achieve positive growth this year in spite of the sluggish property market currently as demand still exceeds supply.

Rahim & Co International Sdn Bhd real estate agency chief executive officer Siva Shanker says the industrial property market “saw a bit of an uptick” in the first half of 2019, compared with the first half of 2018.

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