Tan Sri Mustapha Kamal, Chairman at Setia Haruman, said purpose-built buildings, which are developed according to a tenant’s specific requirement, is considered a viable real estate investment fund (REIT) portfolio.
Mustapha said offices located in Cyberjaya are attractive for investors as they can reach between seven percent to eight percent yield. Average rental rates, including service charges, can also go up to about RM5.50 psf.
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