In light of the on-going pandemic, more companies are adopting and embracing the hybrid working model and increasingly interested in remote and co-working space. With increased demands for affordable and flexible workplace, whether for start-ups or more established business, new co-working spaces in Fringe and Decentrlaised will still be in demand.
Towards the end of Q1 2022, majority landlords in KL CBD area are still quoting high 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.
