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Extract from New Straits Times (02/10/09)...

\"Demand for office space in Kuala Lumpur has been generally slow save for owner occupied properties such as Lot C, KLCC and HSBC Annexe, but rentals and occupancies are expected to stabilise in the next six months if the economic and business prospects continue to improve, according to a report by Knight Frank research.

It said the average occupancy in KL in the first half-year stood at 83 per cent, down from 85 per cent in the second half of 2008, while that of prime office in the city centre was 97 per cent...\"

For full article please visit
thinkproperty.com.my/realestate/News-Wat...-rentals-steady.html

Good to know that Office Space Industry today is really good. That is why Philippines nowadays have better assessment on keeping it up on Office space rentals.


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