Report Published: "Malaysia Real Estate Report Q1 2014"
Overall, BMI has a positive outlook for the Malaysian commercial real estate sector. In particular positive demographics with increasing income levels, strong FDI levels and the government's plan to increase the population of the Kuala Lumpur area to 10 million from the current 6 million by 2020 will also spur greater property demand. However, an oversupply of office and retail space is threatening rental rates, as well as a mismatch of investor specifications and new developments.
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