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Kuala Lumpur Offices 2H/2020
"Impending new supply with better M&E coupled with the flight-to-quality phenomenon suggest that older buildings might suffer from greater obsolescence in the coming years, leading to a potentially higher vacancy risk."
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"Impending new supply with better M&E coupled with the flight-to-quality phenomenon suggest that older buildings might suffer from greater obsolescence in the coming years, leading to a potentially higher vacancy risk."
"Certain factors including the mortgage policy of Q1/2019 have caused price trends to vary between small units and large units."
"Shanghai’s residential market proved resilient in 2020 with a strong base of end-user demand supporting volumes and prices."
"In the mid-to long-run, the new policy support is expected to facilitate a growing number of enterprises and talent settling in the city, which should generate more occupier demand for office, retail and residential space, ultimately enhancing the city’s competitive edge."
"It’s not doomsday for the office sector if we account for the phased expiry of leases, new demand and office buildings being redeveloped."
"The US/China trade and tech war has created a unique position for Taiwan’s tech industry which will in turn boost demand for industrial property."
"Bangkok’s office occupiers are reviewing corporate space requirements in light of the emergence of flexible-working practices. Landlords are therefore under increasing pressure to lower rents to retain tenants, a challenge likely to intensify as a wave of new office supply begins to enter the market."
"Beijing’s retail market is still recovering from the fallout of COVID-19. The Beijing government is utilising multiple strategies to help boost consumption, with extending the operating time of shopping malls and establishing the “One Policy for One Retail Store” plan to renovate and upgrade old retail projects serving as notable examples."
"Though Chongqing is still recovering from the effects of COVID-19, there are bright spots in the city’s retail market. In particular, many international brands launched their first stores in Western China in the city, providing more a wider range of exciting shopping options for locals."
"Given the city’s reliable power supply, rich network connectivity, low climate risk, and strong data protection, Hong Kong is well positioned to serve as a regional data centre hub."