KL CBD & Merdeka is a trophy-tier Kuala Lumpur submarket with average asking rent around RM120/sqm/mo · ≈ $28.1 PSF/yr USD.
KL CBD & Merdeka is a trophy-tier Kuala Lumpur submarket with average asking rent around RM120/sqm/mo · ≈ $28.1 PSF/yr USD.
KL CBD & Merdeka averages around RM120/sqm/mo · ≈ $28.1 PSF/yr USD for Class A, against a citywide Class A index of 110. As a trophy submarket, rent runs above the city average and availability is structurally tight.
Historic CBD with Merdeka 118 trophy. Banking (Maybank), government, professional services, hospitality.
| city | Kuala Lumpur |
|---|---|
| submarket | KL CBD & Merdeka |
| tier | trophy |
| averageRentLocal | RM120/sqm/mo · ≈ $28.1 PSF/yr USD |
| cityClassARentUsd | $26/sqft/yr |
| cityVacancyPct | 28.4% |
Reviewed by Kenji Watanabe — APAC contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.