KUALA LUMPUR MARKETBEAT REPORTS
Property Insights
KUALA LUMPUR MARKETBEAT REPORTS
Cushman & Wakefield MarketBeat reports analyze quarterly economic and commercial real estate activity including supply, demand and pricing trends at the market and submarket levels.
CURRENT MARKETBEAT REPORTS
OFFICE MARKETBEAT
In Q2 2024, Malaysia’s economy showed strong growth with a 5.9% increase in GDP, up from 4.2% in the previous quarter. After seasonal adjustments, GDP grew by 2.9%, compared to 1.5% in Ql 2024.
INDUSTRIAL MARKETBEAT
The Industrial Production Index (IPI) rose by 4.1% in August 2024 as compared to the same month in the previous year. The increase was spearheaded by the expansion in Manufacturing (6.5%); and Electricity (4.1%) sectors.
RETAIL MARKETBEAT
Sales value of Wholesale & Retail Trade recorded RM149.2 billion in August 2024, grew 4.7% year-on-year. The positive growth was contributed by all sub-sectors, namely Retail Trade 5.9%, Motor Vehicles 4.1%, and Wholesale Trade 3.7%.
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