Research

Greater Kuala Lumpur - Property Market Monitor Q1 2023

Download our latest report for sector-by-sector insights into Greater Kuala Lumpur’s real estate to find out the latest trends over the past quarter.

April 18, 2023
Contributors:
  • Nadhirah Arifin
  • Henry Hong
  • Nurafiqah Mohd Sahar
  • Aqilah Mekmat

Q1 2023 Greater Kuala Lumpur Market highlights:

  • Office - Vacancy rates recorded a recovery, net absorption remained positive.

  • Retail - Revenue sharing model, a growing trend for leasing retail space to manage rental pressure.

  • Residential - Purchase demand was seen subdued this quarter amid cautious buyer sentiment.

Download our latest report for sector by sector insights into Greater Kuala Lumpur’s real estate to find out the latest trends over the past quarter.

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