The Kuala Lumpur and Selangor office markets are currently experiencing a significant evolution, highlighted by the completion of major projects like the Merdeka 118 tower. According to Teh Young Khean, Knight Frank Malaysia’s executive director for office strategy and solution, these developments are setting the stage for future supply pressures and opportunities. Recent Developments and Supply...
Klang Valley
Selangor Menteri Besar Datuk Seri Amirudin Shari welcomed the announcement by Local Government Development Minister Nga Kor Ming, confirming the upgrade of Klang Municipal Council (MPK) to city status. Klang will become the fourth city in Selangor, following Petaling Jaya, Shah Alam, and Subang Jaya, enhancing the efforts towards establishing a Greater Klang Valley administration. Amirudin expressed that...
MRT Corp Sdn Bhd, the asset owner of the Klang Valley Mass Rapid Transit, is conducting a detailed and comprehensive study of the proposed MRT Circle Line (MRT3) alignment, including the suitability of a realignment. In several Twitter responses over the last three days, MRT Corp said the detailed and comprehensive study on the proposed alignment is being done for the purpose of minimising the social...