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Malaysia

Retail market in Malaysia is dominated by shopping centres, predominantly located in Klang Valley. The retail market within Klang Valley is generally classified into 2 tiers in terms of the size of the markets or towns. Tier 1 market is Kuala Lumpur city centre include those leading shopping centres, such as Suria KLCC, Pavilion KL, The Gardens and Mid Valley Megamall, which prime rents have reached the comparable levels to prime shopping centres in other countries within the regions.

With close proximity to established office clusters and good accessibility via extensive public transport networks, Kuala Lumpur city centre has become a popular shopping destinations to international tourists and high income white collars.

In terms of fashion and luxury retail, Kuala Lumpur is one of the most cosmopolitan markets in Asia, behind Hong Kong, Tokyo, and Singapore, but ahead of competitors such as Bangkok, Jakarta, and Manila. Generally, most luxury fashion brands can be found within prime malls in KL, predominantly flagship stores include Louis Vuitton, Gucci, Hugo Boss, and Giorgio Armani. Besides luxury fashion brands, there are few flagship stores of international brands in sports, entertainment and telecommunication retail trade, such as Sport Direct, Lego, Huawei, Oppo etc.

Tier 2 markets are generally regional and neighborhood malls located at outer Kuala Lumpur with majority departmental stores, grocers, dining, fashion and entertainment in a well mix of local and international retailers. These markets are dominated by the larger department stores and multi-brands concept stores, such as Parkson, AEON, Padini Concept Store, Uniqlo etc.

Our Top Tip For
New Arrivals

Be sure to check out everything this multi-cultural country has to offer, from the Petronas Twin Towers in Kuala Lumpur (once the tallest buildings in the world), to the east coast coral islands and the Borneo rainforests in East Malaysia. Also sample the diverse culinary options that include local Malay, Chinese, Indian, and Western food.

Currency

Malaysian Ringgit (MYR)
EUR €0.21
USD $0.24
GBP £0.19

Language

Malay, English, Mandarin, Cantonese
Hello: Apa Khabar (Malay)
Thank you: Terima Kasih (Malay)

International Dialing Code

+60

Time Zone

GMT +8

Cost of a Pair of Jeans

250.00 MYR

Cost of a Cup of Coffee

10.00 MYR

Cities in Malaysia

Contact Us

Richard Leech
6 Battery Road #32-01
Singapore 049909
+84 912 573 130 | richard.leech@cbre.com