Research
Kuala Lumpur Office Market Dynamics Q1 2025
Summary and analysis of Kuala Lumpur's current office real estate market conditions.
May 13, 2025
Contributors:
- Yulia Nikulicheva
Financial institutions and technology companies drive demand, particularly in the Tun Razak Exchange (TRX) precinct. Vacancy rates improved in KL City (19.4%) and KL Fringe (8.5%) submarkets, with overall vacancy at 16.1%. Grade A buildings with superior amenities and technologies are in high demand.