OFFICE
Demand for premium office buildings continued to be supported by large occupiers seeking modern, high-quality workspace, with anchor tenants playing a pivotal role in enhancing the appeal of newly completed developments. A notable example is the relocation of Maybank to Merdeka 118, which reinforces the ongoing flight-to-quality trend as major corporations increasingly consolidate their operations into Grade A office buildings offering superior specifications, ESG features and enhanced connectivity.
RETAIL
Retail supply in Q2 2026 was supported by new mall openings and integrated mixed-use developments, including 118 Mall and Ombak KLCC, shaping immersive retail, leisure, and lifestyle experiences for domestic and international tourists. At the same time, new supply continued to be concentrated within mixed-use and transit-oriented projects, where retail components serve as lifestyle and convenience anchors.
INDUSTRIAL
Industrial supply continued to expand in Q2 2026 as developers acquired strategic land parcels for future industrial park and logistics developments. Notable acquisitions in Kuala Langat, Sepang, Kuala Selangor, and Johor are expected to support the next phase of industrial growth, particularly for logistics, manufacturing and data centre-related developments.
