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DONE DEAL: Terrace house, Taman Tan Yew Lai, Kuala Lumpur

Noteworthy:

  • Freehold
  • Built up size: 1,000 sq ft
  • Land size: 1,400 sq ft
  • 3 bedrooms, 1 bathroom
  • Unfurnished
  • Nearby amenities:  Department stores, hypermarkets, hospitals, Pearl Point Shopping Mall, The Gardens Mall,  LRT Awan Besar
  • Accessibility: KESAS highway, NPE highway

When: May 2023

JLL Malaysia: KL office market sees higher rents in 3Q2023 due to ESG, flight-to-quality requirements

The office markets in Kuala Lumpur City (KLC), Kuala Lumpur Fringe (KLF) and Decentralised (DC) areas have observed an increase in transacted and asking rents in 3Q2023, driven by the demand for smart and green buildings and the flight-to-quality trend predominantly of financial services companies and multinational corporations (MNCs), said JLL Property Services (Malaysia) Sdn Bhd director of office leasing advisory Quiny Lee at the launch of JLL’s 3Q2023 Greater Kuala Lumpur Property Market Monitor: Sectorial Market Overview here on Monday.