PETALING JAYA: Asean’s largest office stock lies in Greater Kuala Lumpur totalling 126 million sq ft, according to Savills’ Greater KL Office Market Overview First Quarter 2019 report.

It is the second largest after Hong Kong, which has 127 million sq ft, the property consultancy said.

But while Hong Kong’s office rental is the highest, at US$20.58 per sq ft (psf), Kuala Lumpur is the most affordable, at US$1.39 psf, according to Knight Frank’s first quarter Asia-Pacific Prime Office Rental Index 2019.

For perspective, neighbouring Singapore has 80 million sq ft of office space, Bangkok 97 million sq ft, Manila 73 million sq ft and Jakarta 67 million sq ft, said the Knight Frank’s report.

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