KL Eco City Office Rental
KL Eco City office rental differs for each building. Generally, the rental rate of Strata Office tower is lower than the rental rate of The Pillars and Corporate Towers but subject to some exceptions e.g the condition of each unit and negotiation process. Why not speak to the expert for full information on the office rental rate in KL Eco City? Call/ Whatsapp: (+6)016-2126193/ Email: info@klecocityofficespace.com
The rental in KL Eco City is in the range below.
Building Built-Up (sf) Condition Rental (RM psf)
Corporate Tower - Mercu 2 3000-15000 Partly Furnished 7.00-8.00
Corporate Tower - Mercu 3 5000-14000 Partly Furnished 5.00-6.00
The Pillars 3500-4500 Partly Furnished 4.50-5.50
The Pillars 3500-4500 Fully Furnished 7.00-8.00
Strata Office Tower 1035-1459 Bare/ Partly Furnished 3.00-4.00
Strata Office Tower 1035-1459 Fully Furnished 6.00-7.00
* sf = square feet
* psf = per square foot
The rental rate subject to various factors, among others as below.
FIRST, THE RENTAL IN THE SURROUNDING OFFICE DEVELOPMENTS
KL Eco City office is not without competition.
The main competitors of KL Eco City office include offices in Mid Valley, Bangsar South and KL Sentral.
Mid Valley City has long been a preferred address for businesses due to the convenience it has to offer. World-class hotels and the two prominent shopping malls are some of the features one cannot find in KL Eco City. There are ample options of Grade A office space in Mid Valley as well.
Bangsar South is well known as the upcoming MSC Hub and has been the preferred location for technology companies, e.g AliBaba Group, Lazada, Fave, Foodpanda as well as other big names like Touch n Go, British Telecom, UEM, UOA, etc. Bangsar South also provides options of small office space which presents direct competition to the Strata Office tower in KL Eco City.
KL Sentral office is another competitor that cannot be undermined. Strategically located within the largest transportation hub in Malaysia, KL Sentral office has almost everything a company needs to grow and thrive.
With such competitions, how do you get the best deal for yourself? Let us help you. We know the industry well and we can detect a good deal when there is one. Contact us to learn more. CCall/ Whatsapp: (+6)016-2126193/ Email: info@klecocityofficespace.com
SECOND, PARKING FACILITIES
Parking availability and parking rate is one of the main considerations to most tenants when deciding on which office to go for. For some, the monthly parking charges constitutes a substantial part of the office cost/ budget. This will in return, decide the rental that tenants are willing to pay for the office in KL Eco City.
THIRD, THE OVERALL ECONOMIC CONDITION OF THE COUNTRY
Property is an important component of a country’s economy. When economy is bad and businesses are not doing well, generally demand for office will drop. Naturally, the office rental will be lower in such circumstances. Similarly, the other way is true. As the economy improves, demand for office will spike and office rental will increase as well.
When there is a health crisis where usage of office is restricted and companies are required to implement “work-from-home” policy (the obvious example will be during the Covid19 pandemic in year 2020), the demand for offices was badly impacted and office rental dropped substantially. In such crisis, it is an opportune time to secure your dream office at a substantial discount. To learn how you can take advantage of the market at any time, leverage on our expertise. Contact us to know more. Call/ Whatsapp: (+6)016-2126193/ Email: info@klecocityofficespace.com
FOURTH, THE OFFICE SIZE, CONDITION, LEVEL, VIEW AND LANDLORD'S EXPECTATION
KL Eco City office for rent comes in various sizes from 1035sf up to 15000sf per unit. The general rule of the matter is that, smaller office size would usually command lower rental compared to large offices. The reason lies in the target tenant of such offices.
Small office is catered for small start-up/ businesses which usually have bootstrap budget. On the other hand, large office space is tailored for conglomerates who would certainly have higher office rental budget.
Office condition refers to the way the office is fitted/ furnished. Apparently, a well fitted/ furnished office would usually command higher rental compared to an empty or badly designed office. But of course, this is not always the case and there are exceptions.
Offices at higher level with unobstructed view will generally command better rental rate. In its effort to provide a conducive working environment for the employees, companies are usually willing to pay more for offices with better view and at higher floor.
Landlord’s expectation is also an important determining factor of office rental. Each landlord has its own risk appetite and rental return expectation. If the landlord has deep pocket and strong holding power, usually they would not entertain low rental request. They would rather leave the space vacant until they secure a satisfactory rental rate that meet their expectation. Similarly, landlords who are motivated to fill up the office would be more than happy to consider any genuine serious offer.
In short, KL Eco City office rental is affected and will be determined by the combined factors above. To make sure you do not overpay when securing a KL Eco City office for rent, enlist our help now. Our service and consultation are always free for you and they are non-obligatory. Contact us now. Call/ Whatsapp: (+6)016-2126193/ Email: info@klecocityofficespace.com