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KUALA LUMPUR (May 9): The real estate market in Malaysia, particularly in the office segment in Kuala Lumpur and the Klang Valley, logistics, and data centres, are poised for further growth in the coming years, says JLL Property Services (M) Sdn Bhd (JLL). JLL country head YY Lau said in the consultancy firm’s quarterly press conference earlier today (May 9) that there was a further recovery of property demand, ESG and M&A activities observed in 1Q2023, which served as the key driver in the KL office market. ....
The data centre market in Malaysia, which was a rising trend last year, is expected to witness steady growth in the upcoming years, according to real estate service firm JLL in a webinar titled "Data Centre as the New Real Estate Deal" held on Thursday (Aug 18). ....