Malaysia
Net effective rents for Kuala Lumpur offices dip 1.1% in Q2
Net effective rents for Kuala Lumpur offices dip 1.1% in Q2
Tenants and prospects were looking for more discounts and longer rent free period from landlords, as most companies were trying to curb operational expenditures.
Asking rents for Kuala Lumpur's prime homes drop by up to 8%
Overall asking rents dropped marginally by 4.5% to MYR 3.42 per sq ft per month.
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