Petaling Street Market

Jalan Petaling, KLCC, KL City Centre, Kuala Lumpur

RM 250,000 /mo

Negotiable

Baths

10

Baths

sqft (land)

10,000

sqft (land)


480 m (6 mins) from Plaza Rakyat

510 m (6 mins) from Pasar Seni

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Ready to move in Hotel / Resort


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Property details

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Hotel / Resort for rent
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Fully fitted
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Completed in 1888
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Listed on 22 Oct 2026
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Listing ID - 502309900
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180,000 sqft floor area

About this property

【 RM962/Room 】18-Storey Detached【 260 Rooms 】180,000sf【 Tourist Hub 】

❈ KEY LOCATION HIGHLIGHTS

▸ Location and district: Merdeka 118 precinct, downtown Kuala Lumpur.
▸ Landmarks: Merdeka 118 ; Stadium Merdeka ; Petaling Street ; Central Market area
▸ Public transport: Maharajalela Monorail ; Pasar Seni MRT/LRT ; KTM Komuter ; Hang Tuah LRT/Monorail station.
▸ Catchment: Strong demand from Chinatown visitors, heritage tourists, shoppers and city business travellers.
▸ Future potential: 118 Mall is scheduled to open on 1 November 2026, potentially adding retail and leisure appeal to the precinct. 118 Mall Kuala Lumpur

❈ PROPERTY DETAILS

▸ Approx. 18-storey detached 3-star hotel for rent www.H*****
▸ Approx. 260 rooms | lift available
▸ Land area: Approx. 10,000 sq.ft.
▸ Built-up area: Approx. 180,000 sq.ft.; lot count not stated
▸ Asking rental: RM250,000/month
▸ Approx. RM1.39 psf/month | RM962 per room/month

❈ HOTEL FACILITIES

▸ Guest services: 24-hour front desk, concierge, laundry and room service
▸ Business and guest facilities: Wi-Fi, business centre and meeting rooms
▸ Other facilities: Restaurant/café, outdoor and children’s pools, rooftop terrace, parking, banquet hall and lift

❈ USP

▸ Detached city hotel with substantial room capacity and built-up area
▸ Lift-served property with pool, parking and meeting facilities

❈ INVESTMENT EDGE

▸ Potential fit for hotel operators or hospitality investors seeking a sizeable central Kuala Lumpur asset
▸ Multiple potential income streams from rooms, dining, events and parking

Hotel identity, exact location, storeys and room count have been adjusted to safeguard owner privacy. Pricing, financial performance, facilities and property information are subject to due diligence and verification.
Common facilities
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Cafe

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Eateries

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Retail stores

Petaling Street Market

Project Image

Petaling Street Market or also known as Petaling Street is a freehold shop development. The development is located at Jalan Petaling in KLCC, Kuala Lumpur. Petaling Street Market is close to Kuala Lumpur city centre as tenants can get there in 5 to 10 minutes via Jalan Tun Tan Cheng Lock. Petaling Street Market is easily accessible through several major highways. Petaling Street Market is only 15 to 20 minutes away from Pudu via Jalan San Peng and Jalan Pudu. The closest public transport to Petaling Street Market is Serdang KTM station, MRT Merdeka, Monorail Maharajalela, LRT Masjid Jamek, and LRT Plaza Rakyat. Tenants and visitors can also locate several bus stops close by. The closest are located at Kotaraya, Hab Medan Pasar, Central Market, Menara Olympia and Pudu Sentral. There are several other amenities in the surrounding area as well such as schools, supermarkets, restaurants and many more. The closest schools to Petaling Street Market are Advance Tertiary College, Asia E University, Bandar Vollege, SM Stella Maris and SMJK Confucian. The closest supermarkets are Speedmart 99, KK Supermart, Family Convenient Store, Mydin Kotaraya and Pasara Mini Superimas. There are also some pharmacies nearby in case of medical emergency such as Guardian, Bio-Care Sdn bhd, Soon Hing Cheong, Farmasi M.S Ally and Jolly Pharmacy. The closest movie theatres to Petaling Street Market are Lotus Five Star Cinemas and LFC Cinema @ Coliseum. The shop development has a number of facilities that tenants and customers can make use of. Among the facilities available are cafes, eateries, restaurants and mini-marts in the surrounding area of Petaling Street Market. There is also a community plaza in the area that people can go to as well. The sale price for the units in Petaling Street Market ranges between RM 7,200,000 to RM 19,000,000. Petaling Street Market is a leasehold shop-office that is surrounded by established and populous neighbourhoods. There are a variety of sizing of the units available in Petaling Street Market. The size for the units averages at 1,400 square feet. Tenants can choose the ones they prefer the most and look into purchasing it. Petaling Street Market is located close to residential areas in KL City. Most of the residential developments in this area are low cost and affordable. Among the closest residential development tenants can check out are 231 TR, 1A Stonor and 188 Suites (Fraser Residence). There is luxury residential development as well such as Axon Bukit Bintang, Aria Luxury Residence, KLCC, St Mary Residences, Banyan Tree @ Pavilion, Stonor 3 @ KLCC and Marc Residence.

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FAQs

No.
Jalan Petaling, KLCC, KL City Centre, Kuala Lumpur.
Here is a guide to rent a property in Malaysia including security deposit and understanding the importance of tenancy agreement.
The completion date is in 1888.