Saturated office market

“The oversupply of office space is further exacerbated by limited demand, especially since the pandemic, as many organisations are opting for a hybrid working environment today,” an analyst said. — Bloomberg

MALAYSIA’S office market is expected to remain saturated amid high supply, with landlords needing to take proactive steps to improve their product offering.

An analyst says the office market, especially within the Klang Valley, is still expected to remain challenging.