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Kuala Lumpur jumps to 73rd position out of 142 smart cities globally Kuala Lumpur has made significant progress, climbing 16 spots to secure the 73rd position out of 142 smart cities worldwide in the latest 2024 Smart City Index (SCI) by the Institute for Management Development's (IMD) Smart City Observatory. This marks a notable improvement from its 89th ranking last year. Zurich retained its top position for the fifth consecutive edition of the SCI, with Oslo following in second place and Canberra in third. Geneva secured the fourth spot, while Singapore claimed the fifth position, as revealed by the study's findings. The report highlighted Kuala Lumpur's commendable performance in specific areas such as online scheduling and ticket sales, which have enhanced the usability of public transportation. Businesses in Kuala Lumpur are also creating new jobs with easier access to online job listings. https://lnkd.in/g2PciUfp

Hanoi - H1.2024 market performance Hanoi's office sector is experiencing significant levels of demand driven by Consulting, Healthcare/ Pharmaceutical, and Tech sectors. Majority of deals are signed or being inked at high quality buildings. Grade A had the largest take-up of 6,955sqm in Q2/2024 while the take-up of Grade B fell by 1,694sqm. "Flight to quality" remains to be the key trend not only in #HCMC but also in #Hanoi. In 2024, notable projects like Taisei Square Hanoi, Capital Place, Lotte Center, BRG Diamond Park Plaza, 36 Cat Linh (Grand Terra) are green buildings and remain the talks of the town. However, from 2025, it is likely to increase competition in the CBD, the West, Tay Ho Tay New Urban Area (NUA) since all future developments in Tay Ho Tay NUA will be Grade A. If so, how to find a nice office while optimizing cost or create workplaces appealing to tenants? Contact Trang Trang Hoang Dieu or me for further insights and intel. Also, have a look at our Savills picks in Hanoi new CBD - one of the areas with plenty of deal activity. 📞 097 3611 388 📧 NThiOanh@savills.com.vn #SavillsVietnam #CommercialLeasing #Office #retail #officespace

Embracing & Celebrating Diversity: Exploring the Vibrant Colors of KL Informatics Multicultural Environment At KL Informatics, we joyfully embrace the many cultures that form our team and community. Our diversity isn't merely a blend of traditions; it's akin to a masterpiece, each vibrant color adding depth and beauty to our collective canvas, making every day an extraordinary work of awesomeness. From the lively streets of Kuala Lumpur to the tranquil scenery of rural villages, Our nation serves as a melting pot of cultures, languages, customs, and culinary delights. Each color represents a unique heritage, a story waiting to be shared, and a perspective that enriches our collective journey. As our Informatics team welcomes visitors, we don't just open our doors—we open our hearts. What starts as a professional exchange quickly transforms into a familial bond, fueled by the warmth of our hospitality and the infectious passion that permeates our workspace. It's not just about the work we do; it's about the connections we forge and the memories we create. Every interaction is an opportunity to showcase the limitless possibilities and opportunities that thrive within our dynamic environment. So, let's continue to radiate joy, pride, and confidence in everything we do. Together, we are not just a team; we are a beacon of endless possibilities, shining bright for the world to see. #Diversity #Inclusion #Multiculturalism #KLInformatics #endlesspossibilities Photo Credit : owner

Business parks in Singapore face a critical need to reposition and reinvent their spaces due to changing work dynamics. A recent NUS survey highlights that while business parks remain relevant, the rise of hybrid work arrangements and technological advancements could dampen demand. With vacancy rates increasing, especially in older and less accessible locations like Changi Business Park, operators must adapt by enhancing amenities, clustering similar businesses, and offering competitive rents. This strategic evolution is essential for retaining tenants and attracting multinational companies in an increasingly flexible and technology-driven work environment. Source: The Business Times (link to article in comments below) Contact me at +65 9109 1505 for your business space needs. #Singapore #Office #Business #Commercial #industrial #RealEstate #Properties #BusinessPark

Owners of office buildings around the world are grappling with the implications of the post-pandemic era, when many workers would rather log in from home than face a daily commute. In Malaysia, public transit ridership around the nation's capital has finally reached pre-pandemic levels – while nominal office rents have stayed flat since 2019. (That might be considered a relatively good outcome on a global basis, given that rents are declining in major business hubs and completed buildings are hitting the Kuala Lumpur market.) 𝗔𝗰𝗰𝗲𝘀𝘀 𝘁𝗵𝗲 𝗰𝗵𝗮𝗿𝘁 ➡️https://hubs.ly/Q02DKC0z0 𝗔𝗿𝗲 𝘆𝗼𝘂 𝗶𝗻𝘁𝗲𝗿𝗲𝘀𝘁𝗲𝗱 𝗶𝗻 𝗖𝗘𝗜𝗖’𝘀 𝗹𝗲𝗮𝗱𝗶𝗻𝗴 𝗮𝗻𝗮𝗹𝘆𝘁𝗶𝗰𝗮𝗹 𝗶𝗻𝘀𝗶𝗴𝗵𝘁𝘀? ➡️ https://hubs.ly/Q02DKzwn0 #Malaysia #WFH

Kuala Lumpur's rise in the Smart City Index is definitely positive news, but the 13 May 1969 race riots highlights a complex reality. Here's why: • Scarred Past: The 13 May incident was a dark chapter in Malaysia's history, exposing racial tensions. A smart city needs to address social cohesion and racial #harmony for true progress. • Building Trust: The Smart City Observatory emphasizes trust and good governance. Openly acknowledging past issues and building bridges between communities is crucial for a smart and inclusive city. • Lessons Learned: The 13 May incident serves as a reminder of the importance of social equity and fairness in urban development. A smart city should ensure benefits reach all residents, not just a privileged few. So, while Kuala Lumpur's ranking is commendable, the 13 May comment serves as a reminder that a smart city also needs to be a socially just and equitable one. > Contrast the Past and Present Kuala Lumpur's rise as a smart city is a far cry from the turmoil it faced in 1969. To some survivor of the May 13th race riots, they can only hope that the city's advancements in technology and infrastructure will foster stronger unity and prevent such tragedies from ever happening again. > Reflect on the Importance of Unity The scars of the 1969 riots still linger in the memory of many Kuala Lumpur residents. While the city's recent ranking as a smart city is a positive step, true progress requires building bridges and fostering a sense of #unity amongst all its people. … The city that's climbing the "smart" charts today feels like a stranger to the one who crawled through in #fear that night. Can a city be truly smart if it forgets the lessons of its past? Progress is good, but true intelligence remembers the cracks, the vulnerabilities, and uses technology to bridge them, not widen them. … Maybe the real mark of a smart city isn't its ranking in an index, but the way it remembers its scars and strives to heal.

𝑰𝒏 𝒑𝒖𝒓𝒔𝒖𝒊𝒕 𝒐𝒇 𝒔𝒖𝒔𝒕𝒂𝒊𝒏𝒂𝒃𝒍𝒆 𝒅𝒆𝒗𝒆𝒍𝒐𝒑𝒎𝒆𝒏𝒕 𝒂𝒏𝒅 𝒉𝒆𝒂𝒍𝒕𝒉𝒚 𝒃𝒖𝒊𝒍𝒅𝒊𝒏𝒈𝒔: Three of our developments — 1 and 7 Science Park Drive at Geneo, Singapore Science Park, Mansion@8 (Hangzhou, China), and Heritage West Lake Office (Hanoi, Vietnam) — have been awarded the WELL Core Precertification by the International WELL Building Institute (IWBI)! The three developments score several firsts. Geneo, the upcoming #lifesciences and #innovation cluster, is expected to be the first WELL Certified Business Park, Logistics and Industrial building in Southeast Asia upon completion in 2025. Setting new benchmarks in their respective localities, Mansion@8 is among the first WELL Precertified Communities in Zhejiang, China, while Heritage West Lake Office is the first project to achieve WELL Core Precertification in Hanoi, Vietnam.   The WELL Community Standard builds upon the WELL Standard to impact individuals throughout public spaces, protecting health and well-being across various aspects of community life. These three CapitaLand properties integrate health and well-being features related to the 10 WELL concepts — including air, light, thermal comfort, and movement — to support inclusive, integrated, and resilient communities.   As a responsible #DeveloperOfChoice, CapitaLand Development is the first real estate developer in Singapore to participate in WELL at scale. Watch this space as we continue to adopt WELL strategies into more of our developments across Singapore, China, Vietnam, and beyond.   #CapitaLandDevelopment #SustainableCapitaLand #IWBI

CapitaLand's premium project goes beyond a simple online brochure. Imagine offering potential clients an immersive walkthrough experience using Extended Reality (XR). With XR, users can not only view individual units but also explore the entire project environment, interact with it, and gain a comprehensive understanding. Additionally, we can create a digital twin, unlocking the project’s full capabilities. -Sell Faster -Reach Further

Did you know that in Greater Kuala Lumpur, more than half of office spaces 🏙️ are now over 15 years old? This creates certain challenges such as safety risks and operational inefficiencies. This week, our Managing Director for Malaysia, Teoh Tze Ping, joined Keith Kam on BFM 89.9 - The Business Station to discuss the critical need for modernizing Malaysia’s aging buildings. By modernizing these spaces, building owners can tackle these issues head-on and achieve up to 70% energy savings on elevators alone, enhancing both sustainability and ease of maintenance.   At #KONE, modernizing buildings isn’t just about extending their lifespan – it’s about futureproofing our cities and creating a smarter, safer and more sustainable urban environment 🌏. Together, we can build a more resilient tomorrow, starting today 💪🏼.   👉 For more, tune in to the full conversation to learn how we are reshaping Malaysia’s urban landscape for a more resilient future! https://lnkd.in/gmP6Yhiu 🔗 Connect with us today at https://lnkd.in/gQGreRqz #PeopleFlow #ShapingCities #Modernization