Developers opt for strata route to sell buildings


Oxley Holdings (Malaysia) Sdn Bhd CEO Datuk Othman Omar

PETALING JAYA: The rout on oil prices, the Klang Valley’s oversupply of office space and the overall soft property market have compelled developers to change tactics when selling their buildings.

The rental market also found itself in a similar situation, where office building owners are lowering their rental to retain tenants or extending rent-free periods to potential tenants.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , property

Next In Business News

Samaiden posts 90% jump in 2Q profit
Market integrity pivotal
Capital A swings to RM10bil FY25 profit after disposal
Malakoff names Wan Zulkiflee as chairman
World Bank invests in Zetrix AI
Ringgit closes little changed against US dollar�
Sunway Property sets RM4.2bil sales target
Bank Negara imposes RM1.02mil compound on KAF Investment Bank for non-compliance
Bintulu Port posts RM26.56mil net profit in 4Q25, declares five sen dividend
HLISB joins Bank Negara's Greening Halal Business initiative

Others Also Read