Industrial property segment stays as a beacon

Rising demand: Chang says Eco World is seeing growing demand for industrial properties not just in the Klang Valley, but also in Iskandar Malaysia.

THE Malaysian industrial sector is expected to continue being a “beacon” for the local property segment as the country gradually restarts the economy.

Knight Frank in its Real Estate Highlights Research for the first half of 2020 says rental rates of industrial space in prime sub-markets, namely Shah Alam, Subang, Petaling Jaya, Kuala Lumpur and Klang, are anticipated to remain resilient for the remainder of the year.