Challenging office market


Rahim & Co International Sdn Bhd real estate agency chief executive officer Siva Shanker

THE near term prospects of the Malaysian office market is expected to remain challenging, as it continues to grapple with an oversupply of new buildings.

According to Knight Frank in its real estate highlights report for the first half of 2024, the second half of the year is expected to add an additional 1.4 million sq ft of office space in the Klang Valley alone.

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office market , MNCs , occupancy rate , Co-working

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