Office market in Asia-Pacific seen to prosper


Knight Frank's Li says Asia-Pacific emerges as the optimal choice for workplace transformation. — Bloomberg

KUALA LUMPUR: The rising trend of “flight-to-quality” and “flight-to-green” augurs well for newer premium office buildings in Asia-Pacific as companies seek quality workspaces to attract top talent.

“With 80% of buildings in Asia-Pacific aged 40 years or younger, the nascent office market offers an opportunity to build cutting-edge office buildings with the latest amenities without the risk of becoming obsolete,” said Knight Frank in its New Horizon Outlook 2024 Part 1: Asia-Pacific Tomorrow report.

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