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Kuala Lumpur MarketBeat Reports

4/17/2024
Cushman & Wakefield MarketBeat reports analyze quarterly economic and commercial real estate activity including supply, demand and pricing trends at the market and submarket levels.

Office: Malaysia’s GDP shows a slightly drop outlook at 3% in the Q4 2023, compared to 3.3% in Q3 2023. The Services sector largely contributed to this economic performance, maintaining positive growth across all sector.

Retail: The upward trend was fueled by every subsector which consisted of motor vehicles, retail trade and wholesale trade with 16%, 2.6% and 5.5% accordingly. Besides, registering at 152.3 points, the wholesale and retail trade sectors exhibited a year-onyear growth of 3.5% in terms of volume index.

Industrial: The increase in the manufacturing sector was particularly notable, rising to 3.7% from a negative 1.4% in the previous month. This growth was driven by the performance of domestic-oriented industries, which saw an 8% increase, as well as a positive growth of 1.6% in export-oriented industries.

Learn more by clicking our most recent Kuala Lumpur MarketBeat reports below.

CURRENT MARKETBEAT REPORTS

Office Buildings CBD
Office MarketBeat

The data indicates a slight decrease of RM0.01 in the average asking rent from Q3 2023 to Q4 2023. 

CLICK HERE TO DOWNLOAD THE REPORT

Warehouse Internal Rack
Industrial MarketBeat

The announcement of Budget 2024 has gazette that service tax will impose on logistic services.

CLICK HERE TO DOWNLOAD THE REPORT

Shopping Retail
Retail MarketBeat

Throughout 2024, weak consumer sentiment is expected to persist, leading consumers to prioritize essential expenditures over discretionary ones.

CLICK HERE TO DOWNLOAD THE REPORT

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