What is the average Class A rent in Kuala Lumpur?

Around 110 MYR/sqft/yr ($23 USD) across the broader Class A index. Trophy submarkets like KLCC (Kuala Lumpur City Centre) command 20–40% above that.

How many months of rent-free are normal in Kuala Lumpur?

6 months on a 3-year deal is the standard benchmark. Lease-up product or tenants with strong covenant strength can push higher.

Are rents rising or falling in Kuala Lumpur?

The Kuala Lumpur Class A market is currently softening. Vacancy is 28.4%, which sets the negotiating context.

Headline Class A rent in Kuala Lumpur is around 110 MYR/sqft/yr ($23 USD), with 6 months of typical rent-free on a 3-year term.

Headline Class A rent: 110 MYR/sqft/yr ($23 USD).
Trophy submarket rents (KLCC (Kuala Lumpur City Centre)) push to roughly RM130/sqm/mo · ≈ $30.4 PSF/yr USD.
Typical concessions on a 3-year deal: 6 months free rent.
Vacancy stands at 28.4% — market trend is softening.
Use effective rent (face minus PV of concessions), not headline, to compare deals.

Kuala Lumpur Class A office rents and incentives

Headline Class A rent in Kuala Lumpur is around 110 MYR/sqft/yr ($23 USD), with 6 months of typical rent-free on a 3-year term.

TL;DR

Headline Class A rent: 110 MYR/sqft/yr ($23 USD).
Trophy submarket rents (KLCC (Kuala Lumpur City Centre)) push to roughly RM130/sqm/mo · ≈ $30.4 PSF/yr USD.
Typical concessions on a 3-year deal: 6 months free rent.
Vacancy stands at 28.4% — market trend is softening.
Use effective rent (face minus PV of concessions), not headline, to compare deals.

Headline rent vs. effective rent

Asking rents in Kuala Lumpur are quoted in MYR per sqft per year. Across the broad Class A index the figure is 110, but the trophy tier in KLCC (Kuala Lumpur City Centre) reaches roughly RM130/sqm/mo · ≈ $30.4 PSF/yr USD. Always discount headline rent by the present value of free rent and fit-out-capex">tenant improvement allowance to land on effective rent — the only number that compares cleanly across deals.

Rent-free and TI

Standard Kuala Lumpur concessions on a 3-year Class A lease run to 6 months of base-rent abatement. Trophy lease-ups can push rent-free 25–40% above that benchmark. Local cost-of-occupancy is also shaped by tax — 24% Malaysian corporate income tax. 17% reduced rate for SMEs on first MYR 600k. Malaysia Digital, Multimedia Super Corridor (MSC) Malaysia status, and other sector regimes offer tax incentives for qualifying activities.

Where rents land by submarket

KLCC (Kuala Lumpur City Centre) sits at the top end (~RM130/sqm/mo · ≈ $30.4 PSF/yr USD). Bangsar & Mid Valley clears around RM80/sqm/mo · ≈ $18.7 PSF/yr USD as the prime tier. The full submarket map is on the Kuala Lumpur city page.

Key facts

city	Kuala Lumpur
country	Malaysia
region	APAC
classARentLocal	110 MYR/sqft/yr
classARentUsd	$23/sqft/yr
vacancy	28.4%
typicalLeaseYears	3
typicalRentFreeMonths	6
submarkets	5
primeYieldPct	6.4%
trophyRent	RM130/sqm/mo · ≈ $30.4 PSF/yr USD
primeRent	RM80/sqm/mo · ≈ $18.7 PSF/yr USD

Frequently asked questions

What is the average Class A rent in Kuala Lumpur?: Around 110 MYR/sqft/yr ($23 USD) across the broader Class A index. Trophy submarkets like KLCC (Kuala Lumpur City Centre) command 20–40% above that.
How many months of rent-free are normal in Kuala Lumpur?: 6 months on a 3-year deal is the standard benchmark. Lease-up product or tenants with strong covenant strength can push higher.
Are rents rising or falling in Kuala Lumpur?: The Kuala Lumpur Class A market is currently softening. Vacancy is 28.4%, which sets the negotiating context.

Editorial provenance

Reviewed by Kenji Watanabe — APAC contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.

Primary sources for this page

CBRE Marketview reports — CBRE
JLL Office Insight — JLL
Cushman & Wakefield Marketbeat — Cushman & Wakefield
Savills World Research — Savills
Colliers Global Office Outlook — Colliers

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