Office: Starting mid of Q2 2022, some of landlords in KL CBD area are slowly increasing asking rents despite its occupancy rates being under pressure owing to demand is focus mainly on KL Fringe and decentralized areas. Thus, landlords are expected to provide competitive offerings in order to attract/retain the tenants and new occupiers.
Retail: Retail segment performance in Q2 2022 improved in light of the festive season and celebration but concerns lingered due to external factors which could affect consumer purchasing power.
Industrial: The Covid-19 pandemic has accelerated a huge expansion of e-commerce towards firms, customers and types of products and has left companies no choice but to adapt to the online sales strategies. Amid of booming of the online sales, the demand of warehouses have also increased. It is forecasted that the high requirement of warehouse facilities to positively impact the rental growth in 2022.
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