Tag: office space
Where businesses are concerned, some oversupply of office space is much more preferable than having a shortage.
IDEAS says the government should allow the bubble to burst but be prepared to carry out remedial work to ensure the economy is not badly affected.
The credit rating agency says pace of non-performing loans is stable but the increasing oversupply of commercial space may have an adverse effect on banks.
The oversupply of office space, especially in the Klang Valley, is expected to continue through this year, says Savills (Malaysia) Sdn Bhd.