Occupancy Certificates issue for old government buildings to be resolved
The Local Government and Housing Ministry is currently taking steps to resolve the issue of OC
OFFICE property has often been regarded as one of the best real estate investment options as it offers decent returns with lower risks.
However, Malaysia’s property market has experienced a downturn since 2014. The issue of the oversupply of commercial and office offerings has begun to show.
Should investors retreat from investing in officers?
In an recent interview with Chinese media, B&G Capital Resources Bhd managing director Datuk Danny Goh Meng Keong pointed out top 10 features of an excellent office property, which would keep your investment resilient and profitable regardless of the market situation.
1/ Follow the footsteps of MNCs and big-brands
The occupancy of multinational corporations and big-brands in an office tower will improve the image of that property, leading to an increase in the rental price.
2/ Business technologies
Technologies in a workplace such as a high-speed network, video conference equipment and energy-saving features will increase the efficiency of the workplace and stimulate business growth.
3/ Meeting facilities
Meeting room, conference venue and training space to accommodate different group sizes should not be overlooked when it comes to the factors that affect the market value of an office.
4/ Individual air-con remote system
An individual remote system for air conditioning is better than a centralised air conditioning system as it optimises personal comfort and is not affected by a fixed operating time.
5/ Secure environment
Safety and security is a high priority when choosing an office. A safe workplace including providing a peace of mind when walking to the parking area is always a good idea.
6/ “3S” parking areas
Sufficient, safe and secure parking area adds value to the office.
7/ Amenities and perks
Most people spend more time in an office rather than at home. An office environment equipped with high-quality amenities and perks like gym-room, café and nap pod can boost productivity and reduce stress.
8/ Eateries
Having various eateries within walking distance from office is a plus point as it provides conveniences and avoids traffic jams.
9/ Childcare facilities
The introduce of childcare services such as nursery and kindergarten at an office will ease the burden of working mother.
10/ Valet service
A valet service is a professional service that will impress the visitors and clients and elevate the building’s image.
The occupancy of multinational corporations and big-brands in an office tower will improve the image of that property, leading to an increase in the rental price.
2/ Business technologies
Technologies in a workplace such as a high-speed network, video conference equipment and energy-saving features will increase the efficiency of the workplace and stimulate business growth.
3/ Meeting facilities
Meeting room, conference venue and training space to accommodate different group sizes should not be overlooked when it comes to the factors that affect the market value of an office.
4/ Individual air-con remote system
An individual remote system for air conditioning is better than a centralised air conditioning system as it optimises personal comfort and is not affected by a fixed operating time.
5/ Secure environment
Safety and security is a high priority when choosing an office. A safe workplace including providing a peace of mind when walking to the parking area is always a good idea.
6/ “3S” parking areas
Sufficient, safe and secure parking area adds value to the office.
7/ Amenities and perks
Most people spend more time in an office rather than at home. An office environment equipped with high-quality amenities and perks like gym-room, café and nap pod can boost productivity and reduce stress.
8/ Eateries
Having various eateries within walking distance from office is a plus point as it provides conveniences and avoids traffic jams.
9/ Childcare facilities
The introduce of childcare services such as nursery and kindergarten at an office will ease the burden of working mother.
10/ Valet service
A valet service is a professional service that will impress the visitors and clients and elevate the building’s image.
