Research

Greater Kuala Lumpur Office Market Dynamics – Q3 2024

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

November 18, 2024
Contributors:
  • Yulia Nikulicheva
  • Tai Junn Yan

Highlights of the report:

  • The demand for environmentally conscious office spaces in Kuala Lumpur is experiencing significant growth, primarily fuelled by the business services, co-working, and IT industries.

  • Market is currently experiencing a lack of new stock entering, leading to limited availability, which further contributes to the rise in rental rates.

  • The economic confidence is driving businesses to invest in quality, sustainable offices, accelerating Kuala Lumpur's market shift towards modern, environmentally-friendly spaces.

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