Greater Kuala Lumpur retail supply to reach over 81m sq ft this year

The city’s retail stock reached nearly 79 million sq ft in 2025.

Greater Kuala Lumpur’s retail market saw steady growth in 2025, reinforcing its position as Malaysia’s largest retail hub, according to Savills.

Savills reported that total retail stock in Greater KL, including standalone hypermarkets, reached approximately 78.9 million sq ft by the end of 2025, up 3.8% from 76.1 million sq ft in 2024.

The growth was concentrated across KL Suburbs and Outer KL. Within KL Suburbs, Pavilion Damansara Heights Phase 2 contributed 529,353 sq ft, while KLGCC Mall added another 240,000 sq ft. In Outer KL, supply was driven primarily by Hextar World @ Empire City, which introduced 1.8 million sq ft, and Sunway Square Mall, adding 300,000 sq ft.

“Outer KL continues to play an increasingly important role as a growth engine within the Greater KL retail landscape,” Savills said.

Looking ahead, Savills projects that total retail stock in Greater KL will rise to around 81.3 million sq ft in 2026, representing 3.0% year-on-year growth. Key projects contributing to next year’s pipeline include 118 Mall (900,000 sq ft), Ombak KLCC (420,000 sq ft), Queens Mall @ Queensville (412,000 sq ft), KL MidTown Retail Mall (500,000 sq ft), Retail @ Met 1 (96,000 sq ft), and The Boulevard @ Oxley Towers (53,000 sq ft).

Beyond 2026, further expansion is expected in Outer KL, with IOI City Mall Phase 3 anticipated to add 1.0 million sq ft of retail space, further consolidating Greater KL’s position as Malaysia’s most dynamic retail market, Savills added.