Savills Malaysia Sdn Bhd group managing director Datuk Paul Khong (pic) says many landlords, during difficult market conditions or during an oversupply situation, are willing to give good discounts to secure anchor tenants that can take up a larger space or even a longer-term lease.
AT a glance, the Klang Valley office market, which is in a state of oversupply and still facing repercussions from the pandemic, does not seem to have a lot going for it.
But this has not stopped landlords from trying to get creative to maximise the value of their assets.
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