Research

Greater Kuala Lumpur Office Market Dynamics - Q2 2024

Download our second quarter office market report for insights into this key Greater Kuala Lumpur’s real estate sector.

August 07, 2024
Contributors:
  • Yulia Nikulicheva
  • Tai Junn Yan
Highlights of the report:
  • Technology and insurance companies are playing a pivotal role in driving the demand for eco-friendly office spaces in Kuala Lumpur, leading to impressive net absorption growth.

  • The delays in completing new developments have contributed to a scarcity of supply in the market, particularly in the segment of premium office spaces.

  • The rising demand for sustainable office spaces in Kuala Lumpur has led to an increase in rental rates, while limited investment activity has been observed.

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