Identification of important factors for office space decision by tenants in Kuala Lumpur city centre, Malaysia - experts' view

Mohd Adnan, Y. and Daud, M.N. (2010) Identification of important factors for office space decision by tenants in Kuala Lumpur city centre, Malaysia - experts' view. In: 16th Pacific Rim Real Estate Society Annual Conference, 24-27 January 2010, Wellington, New Zealand. (Submitted)

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Abstract

While the central business district (CBD) in most cities is referred to as the heart of the city, the development strategy within the Kuala Lumpur city centre area is to have a moderate commercial growth. This is to curb the oversupply of commercial space and attracting quality development with the aim of enhancing Kuala Lumpur's role as an international and financial centre. As the Kuala Lumpur city centre has the most concentration of office space in Malaysia, it would be useful to identify the factors which would attract and retain tenants for the existing office buildings in the area. It has been noted from various studies on office occupation in the central business district (CBD), different factors influence the decision. In the preliminary part of a study to identify the factors influencing tenants' decision in office occupation, the view of experts' were sought. This paper highlights the findings of a survey among property consultants/agents and property/leasing managers in which the main important factors are identified. This result will then be used into the study for the determination of the relative importance of the factors and sub-factors across the different categories of office buildings' tenants in Kuala Lumpur city centre.

Item Type: Conference or Workshop Item (Paper)
Funders: UNSPECIFIED
Uncontrolled Keywords: CBD, Important factors, Office space decision
Subjects: H Social Sciences > HD Industries. Land use. Labor
Divisions: Faculty of the Built Environment
Depositing User: Mr. Mohd Samsul Ismail
Date Deposited: 17 Dec 2014 02:39
Last Modified: 17 Dec 2014 02:39
URI: http://eprints.um.edu.my/id/eprint/11116

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