OFFICE · RETAIL SPACE · RENT · H1 2026
How much commercial space is actually available?
Use current NAPIC availability and occupancy data to understand tenant choice and supply pressure before researching the exact unit, lease and footfall.
Office and shopping-complex availability describe commercial-space supply pressure. They do not directly tell you what a landlord will quote.
← Business editionHow much commercial-space choice exists in Kelantan?
Availability and occupancy show supply pressure. They are useful negotiation context, but they do not tell you the final rent, incentives, footfall or lease terms for a specific unit.
NAPIC office and shopping-complex statistics describe broad commercial-space supply. Shop-offices, individual street shops and exact quoted rents are outside this comparison.
Space availability
Derived occupancy: 82.9%.
Space availability
Derived occupancy: 74.1%.
Comparable state rent
The current NAPIC shopping-centre rental benchmark is published comparably for Kuala Lumpur and Selangor / Klang Valley, not every state.
But not automatically cheaper
High availability can reflect new supply, weaker absorption, building quality differences or tenant turnover. Actual lease cost still depends on the exact property and terms.
National occupancy
5,114,710 m² available from 18,650,290 m² total.
National occupancy
3,862,610 m² available from 17,474,750 m² total.
National occupancy
Shopping centres accounted for about 13,330,000 m² of space in H1 2026.
average rent · RM p.s.m.
RENTAL INDEX111.9
ANNUAL CHANGE0.4%
QUARTERLY0.1%
average rent · RM p.s.m.
RENTAL INDEX111.7
ANNUAL CHANGE0.3%
QUARTERLY0.1%
average rent · RM p.s.m.
RENTAL INDEX110.0
ANNUAL CHANGE0.3%
QUARTERLY0%
This narrows the market. The actual unit still has to be researched.
Commercial availability helps identify markets where tenants may have more or less space choice. It does not replace asking rent, service charges, fit-out cost, deposit, lease term and incentives.
For a client-grade report, PulseKita should next combine the exact property or catchment with local asking rent, competitor locations, pedestrian/vehicle activity and the selected business category.
National Property Information Centre (NAPIC) / JPPH
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