• 1)Why invest office space?

    Office space investment in Kuala Lumpur is a relatively stable asset where it is scalable from 1,000sq.ft-10,000sq.ft or even en-bloc building.

    There are 3 key main factors to drive successful office space development

    a)Master plan & Government Initiatives-developer has strong interest and substantial equity into the development as well as government initiatives such as foreign direct investment incentive, Malaysia Digital Economic Corporation (MDEC) tax exemption

    b)Top to bottom Ecosystem-consisting of co-working space, small medium enterprises & multinational companies, reason simply it allow small player to grow & big player to downsize when time is needed.

    c)Infrastructure-Nowadays public transportation is very important, what's more important is to access to talent pool, nearby business support elements such as vendor, client and collaboration.

     

    2)Who is targeted tenant?

    Each of every office ecosystem has it's own unique attribute.

    KL Sentral-Most tenants consisting by energy sector (Malakoff, UMW Oil & Gas Corporation & Perisa), IT (Sage, Service Rocket) , government agency (Prasarana, MIDA, InvestKL, Ekuinas, Khazanah) and similar

    Mid Valley-Most tenants consisting by consulting firm (Accenture, Wong & Partners, Steelcase, Baxter Healthcare, Oracle, NEC)

    Bangsar South-Most tenants consisting by IT based companies which involve animation, info tech, incubation & business processing outsourcing (British Telekom, N2N, Nexgram, Touch N Go, Tricor Services, Malaysian Institute of Accountants, CTOS and similar)

    KLCC-Most tenants consisting by financial services, oil & gas (Goldman Sachs, JP Morgan, Nomura Asset Management, BHP Oil Petroleum, Petroliam Nasional, ExxonMobil, Hess Oil, Inpex Offshore, Lundin Malaysia, Murphy, Newfield, Nippon....)

     

    3)What type office spaces should you focus?

    There are 2 classification office spaces in Kuala Lumpur and 3-4 categories offices types

    A)Classification

    Commercial Landlord-Menara Citibank owned by Lion Group (KLCC), Menara IGB owned by IGB (Mid Valley), 1 Sentrum owned by PHB (KL Sentral)

    Strata Building-Menara Bangkok Bank (KLCC), Strata Office (KL Eco City), Q Sentral (KL Sentral)

    B)Categories

    Grade A Corporate Office-Q Sentral @ Equipped with grand lobby, turnstile, tight security and modern facilities building.

    Grade B Corporate Office-Plaza Sentral @ Refurbished old building with low density usually located in well established business ecosystem.

    Retail Office-Solaris Dutamas @ Publika @ Ground floor retail, up stair office which create convenience and conducive working environment.

    Resort/Campus Style Office-Technology Park Malaysia @ Large open space with low rise building offer relaxing working environment.

     

    In short, one should investment based on macro and micro perspective view, ask yourself 2 questions

    A)What sort of business activities is on uptrend or about to kick start?

    B)Supply (Existing & Newly completed) VERSUS Demand (Occupancy Rate) in a targeted office space development.

     

    Feel free to drop an email to admin@huntkloffice.com or contact +6-011-2082 0247, we will work out a dedicated analysis report for you to make informed decision.

  • Feature Listing-Strata

    Blue Chip Office Space Investment

    Vertical Business Suite @ Bangsar South (MSC Status)

    1380sq.ft - RM1150psf @ RM1,587,000 (Vacant)

    A fully fitted office with move in condition equipped with reception area, discussion room, conference room, manager room, 11 work stations, service room, pantry area and private en-suite bathroom.

     

    With potential rental of RM5.50psf, the potential yield 5.7%

    *Currently nearby commercial building (Vertical Corporate Tower & The Horizon Boutique Office) rental RM6.00psf-RM6.30psf.

    Menara Bangkok Bank

    (Grade A, Green Building)

    2831sq.ft - RM1600psf @ RM4,529,600 (Owner Occupied)

    Own used by listed company.

    Owner will be moving out by September 2017, current it is a fitted office with move in condition.

     

    *Currently nearby commercial building (UBN Tower, Menara Citibank, Carigali Tower) rental RM7.50psf-RM12.00psf.

    Vertical Business Suite @ Bangsar South (MSC Status)

    4634sq.ft - RM1150psf @ RM5,329,100 (Vacant)

    A partly fitted with grand reception, 4 large open space work station and ensuite bathroom

     

    With potential rental of RM5.50psf, the potential yield 5.7%

    *Currently nearby commercial building (Vertical Corporate Tower & The Horizon Boutique Office) rental RM6.00psf-RM6.30psf.

    Vertical Business Suite @ Bangsar South (MSC Status)

    4133sq.ft - RM1150psf @ RM4,752,950 (Vacant)

    A fitted unit with 40 work station, 2 meeting room/manager room, large pantry area, 1 conference hall, ball room style partition able to divide the unit 2 separated zoning.

     

    With potential rental of RM5.50psf, the potential yield 5.7%

    *Currently nearby commercial building (Vertical Corporate Tower & The Horizon Boutique Office) rental RM6.00psf-RM6.30psf.

    Vertical Business Suite @ Bangsar South (MSC Status)

    8167sq.ft - RM1150psf @ RM9,392,050 (Tenanted till May 2019)

    Tenanted by Multinational Company

    Large reception welcome area, 2 discussion room, 1 conference room, 5000sq.ft large open space work station area with 80 seatings, server room, CEO Room and ensuite bathroom

     

    Tenanted with RM5.50psf @ monthly rental RM44,918.00, current yield 5.7%

    *Currently nearby commercial building (Vertical Corporate Tower & The Horizon Boutique Office) rental RM6.00psf-RM6.30psf.

  • Feature Listing-Whole Floor

    Blue Chip Office Space Investment

    Plaza Sentral @ KL Sentral (MSC Status)

    8060sq.ft - RM1150psf @ RM9,269,000 (Vacant)

    1 single unit with large floor plate to housing multinational or established company.

     

    *Currently nearby commercial building (Nu Tower, 1 Sentrum) rental RM6.00psf-RM8.50psf.

    Menara 1 @ KL Eco City (Green Building)

    9051sq.ft - RM1550psf @ RM14,029,050 (Vacant)

    8 adjoining lot in 1 single floor allow you to having 1 tenant or 2 mixed tenant.

     

    *Currently nearby commercial building (Menara IGB, Garden Tower) rental RM6.30psf-RM7.50psf.

    KL Trillion @ KLCC (Grade A, Green Building)

    11281sq.ft - RM1500psf @ RM16,921,500(Vacant)

    One single floor consisting by 8 units, able to offer to 1 single tenant or mixed with multiple tenant. 2 premium views can be obtained in KL Trillion which is KLCC skyline view and Genting greenery view.

     

    *Currently nearby commercial building (UBN Tower, Menara Citibank, Carigali Tower) rental RM7.50psf-RM12.00psf.

    Menara Bangkok Bank @ KLCC

    (Grade A, Green Building)

    12024sq.ft - RM1600psf @ RM19,238,400 (Vacant)

    Largest floor with penthouse and duplex feature in KL Sentral. Potentially become regional headquarters. One can increase the floor size to 50,000sq.ft by building additional mezzanine floor.

     

    *Currently nearby commercial building (UBN Tower, Menara Citibank, Carigali Tower) rental RM7.50psf-RM12.00psf.

    Q Sentral @ KL Sentral

    (Duplex & Penthouse, MSC Status)

    32701sq.ft - RM1600psf @ RM52,321,600 (Vacant)

    Largest floor with penthouse and duplex feature in KL Sentral. Potentially become regional headquarters. One can increase the floor size to 50,000sq.ft by building additional mezzanine floor.

     

    *Currently nearby commercial building (Nu Tower, 1 Sentrum) rental RM6.00psf-RM8.50psf.

  • Feature Listing-En Bloc

    Blue Chip Office Space Investment

    Apex Tower @ Southgate Commercial Centre

    (7-Storey Freehold Retail Office Tower)

    108,880sq.ft - RM1050psf @ RM65,000,000

    Freehold Development
    - As most buildings in KL city centre are high rises, it is indeed rare to find a FREEHOLD 7-storey mid-rise office tower that comes with a gross floor area of approximately 108,880 sq ft.
     
    Excellent Accessibility
    - Apex Tower is located at the main southern gateway of Kuala Lumpur city centre and its strategic location allows easy access via major highways.
     
    Naming Rights
    - Superb visibility, and with more than half a million passing traffic daily, Southgate is the landmark-status location for establishing corporate headquarters.
     
    Growth Potential
    - It is an upcoming area for new commercial developments and close to Bandar Malaysia - The urban redevelopment of the old airport in Sungai Besi by 1MDB.
     
    Public Transportation
    - The Chan Sow Lin LRT station is just a mere 0.7km away, bus and taxi services will be available at the doorstep. There are also upcoming MRT stations to be constructed nearby.
     
    Smart Investment
    - Apex Tower has secured about 75% occupancy and the remaining space of approx. 25,000 sq ft that suitable for you to establish a headquarter or expanding your office.
     

    Menara Mudajaya Menara UAC Menara TSR Menara KLK Surian Tower Wisma Bentley Empire City Empire Damansara Emerald Plaza North Menara Bata@ PJ Trade Centre Menara OBYU Mercu Mustapha Kamal Metropolitan Square Neo Damansara Ritz Perdana Business Centre 1 Ritz Perdana Business Centre 2 The Place 1 Tech Park (Bandar Utama Technology Park) KPMG (8 First Avenue) @ Bandar Utama Plaza IBM @ Bandar Utama Wisma BU8

    Menara TSR @ Mutiara Damansara

    (16-Storey Freehold Office Tower)

    153,285sq.ft - RM1050psf @ RM160,949,250 (Vacant)

    Menara TSR is a brand new office building located within the vibrant Mutiara Damansara. Other notable buildings within Mutiara Damansara include Menara KLK, Menara Mudajaya, UAC, Surian Tower etc. The Curve retail mall and the IKEA Centre are all within the vicinity.

     

    *Currently nearby commercial building (Surian Tower, Menara Mudajaya) rental RM5.00psf-RM5.50psf.

    Mines 2 @ Seri Kembangan

    (6-Storeys Retail/Office Building)

    263,800sq.ft - Contact us for more info

    Mines 2 strategically located at the southern growth corridor of Kuala Lumpur, accessible by major highways and nearby Serdang KTM station and 1.16km to future MRT2 station. It also granted MIDA incentive where it offer Healthcare/Medical/Wellness business operator are eligible to apply for Pioneer Status (70% tax exemption) or Investment Tax Allowance (60% on qualifying capital expenditure) if operate within Mines Wellness City.

     

    Building usage beside operate retail, it can be used for commercial/education/medical/government department and other commercial activities.

  • Office You Tube Channel

    A)By Area - YouTube Channel
    KLCC Office Space : https://goo.gl/hvySHl
    Damansara & Petaling Jaya Office Space : https://goo.gl/7XXoqF
    Bangsar Office Space: https://goo.gl/BkI7Mk
    KL Sentral Office Space: https://goo.gl/MYuXoo
    Bangsar South Office Space: https://goo.gl/Gqnw4l
    Mid Valley & KL Eco City Office Space: https://goo.gl/Wby5nN
    Subang & Puchong Office Space: https://goo.gl/a5AAES
    Mont Kiara Office Space: https://goo.gl/JVvqta
    Shal Alam Office Space: https://goo.gl/Dqgwly
    Klang Office Space: https://goo.gl/B4IeaN
    Cyberjaya Office Space: https://goo.gl/6PjOSx

     

    B)By Feature - YouTube Channel
    MSC Status Office Youtube Channel: https://goo.gl/x1NU1E
    Refurbished & Brand New Office Space Specialist: https://goo.gl/7Uk6rV
    Renovated Office Space Youtube Channnel: https://goo.gl/hmbwsI
    Penthouse & Duplex Office Space Youtube Channel: https://goo.gl/KL9piJ

     

    C)By Building - YouTube Channel
    KL Eco City Specialist: https://goo.gl/OdZ66l
    Menara Bangkok Bank Specialist: https://goo.gl/vWrFyu
    KL Gateway Specialist: https://goo.gl/2Yf7pl
    KL Trillion Specialist: https://goo.gl/OHiyIe
    Menara MBMR Specialist: https://goo.gl/jLmzcv
    Q Sentral Specialist: https://goo.gl/LztLuP
    Plaza Sentral Specialist: https://goo.gl/U5rM7o

     

    Feel free to drop an email to admin@huntkloffice.com or contact +6-011-2082 0247, we will work out a dedicated analysis report for you to make informed decision.

  • About Author

    Hunt KL Office

    Hunt KL Office is different to nearly all other commercial property agencies as we are one of very few firms that focus purely on one market – The Office Market. Our approach is unique as we see challenges through tenant’s eyes but find solutions through our market knowledge and decades of agency experience/negotiations.

    The team share a passion to source/ solve site selection/ office relocation problems and the best reward we strive for is to have a happy client. We are dedicated in our field and know the importance to deliver the highest quality advise on a consistent basis.e.

     

     

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