Q3 occupancy rate of malls in Klang Valley at 85.3%

IGB Mid Valley Megamall

PETALING JAYA: The local retail sector could see an integration of co-working spaces into malls within the city centre, should occupancy rates continue to deteriorate.

Nawawi Tie Leung Property Consultants in a recent report said the overall occupancy rate for shopping malls in Klang Valley as at the third quarter of this year stood at 85.3%, with prime malls continuing to maintain occupancy rates of above 90%.