KL CBD & Merdeka's tenant base is anchored by banking (maybank), government, professional services, hospitality.

  • Tier: trophy.
  • Tenant character: Historic CBD with Merdeka 118 trophy.
  • Average rent: RM120/sqm/mo · ≈ $28.1 PSF/yr USD.

KL CBD & Merdeka, Kuala Lumpur tenant profile

KL CBD & Merdeka's tenant base is anchored by banking (maybank), government, professional services, hospitality.

TL;DR

  • Tier: trophy.
  • Tenant character: Historic CBD with Merdeka 118 trophy.
  • Average rent: RM120/sqm/mo · ≈ $28.1 PSF/yr USD.

Who clusters here

Banking (Maybank), government, professional services, hospitality.

What that means for newcomers

Newcomers to KL CBD & Merdeka should expect peer-tenant scrutiny: covenant strength, brand fit, and signage standards are watched closely. Lease-up product underwrites by anchor tenant; secondary tenants typically benefit from anchor halo.

Key facts

cityKuala Lumpur
submarketKL CBD & Merdeka
tiertrophy
averageRentLocalRM120/sqm/mo · ≈ $28.1 PSF/yr USD
cityClassARentUsd$26/sqft/yr
cityVacancyPct28.4%

Frequently asked questions

What kind of tenants lease in KL CBD & Merdeka?
Banking (Maybank), government, professional services, hospitality.

Related

Editorial provenance

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

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