Malaysia report

Trends in Malaysia's Commercial and Residential Real Estate Market in 2024

Malaysia’s real estate market in 2024 is characterized by a mix of recovery and adaptation, influenced by technological advancements, evolving consumer preferences, and government policies. Both the commercial and residential sectors are experiencing notable trends that shape the market dynamics.

Oversupply: The office market in Greater Kuala Lumpur continues to grapple with an oversupply issue. New office completions have increased the total office space significantly, leading to potential pressure on rental rates and occupancy levels, particularly for older properties…..