MyOffice Suites’ Post

“𝑫𝒆𝒎𝒂𝒏𝒅 𝒇𝒐𝒓 𝒐𝒇𝒇𝒊𝒄𝒆 𝒔𝒑𝒂𝒄𝒆 𝒊𝒏 𝑩𝒂𝒏𝒈𝒌𝒐𝒌’𝒔 𝑪𝑩𝑫 𝒔𝒐𝒂𝒓𝒔! 𝑩𝒆𝒏𝒆𝒇𝒊𝒕𝒊𝒏𝒈 𝒇𝒓𝒐𝒎 𝒇𝒐𝒓𝒆𝒊𝒈𝒏𝒔 𝒓𝒆𝒍𝒐𝒄𝒂𝒕𝒊𝒏𝒈 𝒉𝒆𝒂𝒅𝒒𝒖𝒂𝒓𝒕𝒆𝒓𝒔” . The demand for office space in Bangkok's CBD is surging due to multinational companies relocating their headquarters from Europe and America. This trend is driven by Bangkok's strategic location in Southeast Asia and lower rental costs compared to Singapore. In Q2 2024, Bangkok's office supply increased by 29,200 sqm, with new completions like Supalai Icon Sathorn and Ratchayothin Hills. Despite stable overall occupancy at 77%, Grade A offices remain the most stable with an 80% occupancy rate. Average rents rose slightly, with CBD rents at 933 THB per sqm per month. Future supply pressures may impact rental rates and occupancy. . Source: Bangkokbiznews https://lnkd.in/ghVpZiNn . #ThaiRealEstate #RealEstateNews #Demand #OfficeSpace #Bangkok #CBD #Strategic #SoutheastAsia . #CollectionProperty is a professional #ThaiBrokerage where we offer comprehensive transactional services.

Ever wondered what it’s really like to work at Karya Coworking? Meet Anita, our amazing Coworking Space Manager. In this video, Anita introduces herself and dives into what Karya Coworking is all about. Hit play to discover why Karya Coworking could be the perfect fit for you and your business! Want to learn more? Visit our website in the bio or DM us! 😊 _______________ #KaryaCoworking #Bali #indonesia #Canggu #Coworking #remoteworkong #digitalnomad #workfromcanggu #canggucoworkingspace #workfromcanggu

🏢 Johor Bahru is becoming a regional hub, with a surge in demand for co-working spaces as businesses from Singapore and Malaysia seek cost savings. 📈 The demand is being driven by nearshoring opportunities and the government's efforts to position Greater Johor Bahru as Malaysia's second metropolitan hub. 🚀 Co-working spaces offer flexibility, corporate solutions, and networking opportunities, attracting businesses that need a more dynamic working environment compared to traditional offices.

Spending years paying rent, only to realize the same amount could have secured you a prestigious office address? Do These Concerns Sound Familiar? 🚫 Concerned about escalating rates and strict terms during lease renewals? 🚫 Experiencing tenancy termination due to ownership changes? 🚫 Struggling with an aging building that affects your team's productivity? 🚫 Lack of parking space for employees and clients? 🚫 Facing outdated facilities and poor management lowering your office’s appeal? 🚫 Limited dining options around the workplace? 🚫 No nearby public transportation, making it hard to attract top talent? Now is the perfect time to invest in owning your office space! Own a premium office in Bukit Bintang, directly connected to Malaysia’s most iconic luxury mall. 🏆 Developed by a prestigious, award-winning developer 🔑 Only 106 exclusive stratified units, with just 5 units per floor 📏 Unit sizes range from 1,093 sq. ft. to 9,770 sq. ft. 🚶♂️ Directly linked to Pavilion Mall, the most vibrant shopping destination in the city 🚆 500 meters or 7 minutes walk to two MRT stations 📈 Potential yields of >6% ROI annually ✨ Don’t miss out – WhatsApp us now to schedule your exclusive viewing and secure your iconic office address today! https://wa.link/a39ytx https://wa.link/a39ytx

Malaysia’s Exchange 106 Commands Highest Office Rents in Kuala Lumpur #modernbusinessnetwork #modernusinessindia #modernbusinessamerica #modernbusinesseurope  #modernbusinessasia #modernbusinessgulf #modernbusinessgermany #modernbusinessworld #skyscraper #KualaLumpur #highestofficerent

Malaysia’s Exchange 106 Commands Highest Office Rents in Kuala Lumpur #modernbusinessnetwork #modernusinessindia #modernbusinessamerica #modernbusinesseurope  #modernbusinessasia #modernbusinessgulf #modernbusinessgermany #modernbusinessworld #skyscraper #KualaLumpur #highestofficerent

Malaysia’s Exchange 106 Commands Highest Office Rents in Kuala Lumpur #modernbusinessnetwork #modernusinessindia #modernbusinessamerica #modernbusinesseurope  #modernbusinessasia #modernbusinessgulf #modernbusinessgermany #modernbusinessworld #skyscraper #KualaLumpur #highestofficerent

I am happy to release JLL's Jakarta 2024 Q1 Update, with a summary below. 💼 **Competitive Rents:** Rents in the office leasing market continue to remain competitive, providing an advantage for potential tenants. This favorable pricing environment offers an opportunity for cost savings in for a new space or in your current office. 💼 **Premium Space in High Demand:** Premium office spaces are seeing the quickest absorption, indicating strong demand from tenants. These spaces offer exceptional amenities, location, and overall quality, making them highly sought after. If you have been considering upgrading your office space, now could be an ideal time to secure a premium location. 💼 **Flight to Quality:** The ongoing trend of "flight to quality" is prominent in the current market. Tenants are increasingly seeking spaces that offer modern features, sustainability initiatives, and flexible layouts. By upgrading your office space, you can align with this trend, enhance employee satisfaction, and attract top talent. 💼 **Limited New Supply:** The supply of new office spaces entering the market has been relatively low. Limited new supply means less competition for desirable spaces, increasing the opportunity to secure prime locations without facing excessive competition from other tenants. 💼**Rent Adjustment:** Quarterly data indicates a slight drop in rents by 1.6%. This adjustment provides additional flexibility for negotiations, potentially reducing your overall occupancy costs. It's an ideal time to reassess your lease terms and capitalize on potential savings. 💼**Occupancy Rates:** Average occupancy rates stand at 70% within the market. This figure indicates available spaces that still offer a range of options and flexibility for tenants like you. By exploring and taking advantage of the lower occupancy rates, you can find suitable locations that align with your business goals. Get in touch with me for more information.

In short: In Kuala Lumpur, Grade A prime office spaces are seeing increased demand due to a trend towards higher quality facilities, as noted in JLL (Malaysia)'s 1Q2024 property market analysis, which reported a drop in the overall vacancy rate to 21.1%. This shift is driven by tenants prioritizing efficient, green spaces while keeping costs in check, resulting in a slower but positive net absorption rate that indicates ongoing market growth. JLL (Malaysia) executives highlighted the scarcity and robust demand for such spaces, especially from multinational companies attracted by Malaysia’s multicultural workforce, competitive rental rates, and transparent legal framework. The interest in premium Grade A offices is rising, whereas Grade B and lower grade offices are facing challenges, with decisions pending on whether to upgrade or redevelop. Additionally, the broader property market shows positive signs, with historically low vacancy rates in logistics and strong retail activity driven by local and tourist demand, indicating healthy growth in these sectors as well. #samuelsing #realestateagent #propertyagent #officespace #propertymarketnews #commercialrealestate #OfficeTower