Developers unfazed by Kuala Lumpur's office space glut

Kuala Lumpur

ONE-FIFTH of office space in Kuala Lumpur is unoccupied but developers appear unfazed as they continue to roll out large developments.

According to the Napic (National Property Information Centre) Property Report 2015 released last week, of the purpose-built commercial space amounting to 7.75 million square metres as at the fourth quarter of last year, 1.56 million sq m remained available.