Commercial property in Malaysia: prices and how to buy
Commercial property in Malaysia changed hands for between about RM 450,000 and RM 1,400,000 for the middle half of recent deals, with a median around RM 775,500. Prices depend strongly on the town, floor area and type of unit, so for a current figure on your exact space, send a request on BlaBlaPrice.
Approximate prices in Malaysia, November 2026 (sellers' websites)| Measure | Price |
|---|
| Median sale price, all commercial property | RM 775,500 |
| Middle half of sale transactions | RM 450,000 to RM 1,400,000 |
| Median price per square foot | about RM 516 |
| Average price of listings for sale | about RM 1,751,977 |
The median and the price per square foot tell you more than the average, because a few very large units pull the average up. The sources above cover sale prices only, so ask sellers for monthly rent figures directly.
Licences and rules to check
A company running a business from commercial premises in Malaysia must apply for a business premise licence and a signboard licence from the state authority where the unit is. Fee estimates in the sources are RM 200 to RM 500 for office or retail outlets, RM 500 for food and beverage outlets and RM 1,000 for factories and industrial units. Many commercial units also need local council licensing before use, so check that the approved use of the unit matches your business before you sign.
Stamp duty on a purchase starts at 1% on the first RM 100,000 of the price. If you are a non-citizen, ask the seller about transfer limits: one source on non-citizen rules says commercial property cannot be transferred or leased within five years of the date of transfer in. Check this with a lawyer before you commit.
Climate and timing
Malaysia is hot all year, with wet and dry seasons instead of winter and summer. Book viewings on a drier day, then check the roof, drainage and water ingress in person, because a leak is hard to spot on a sunny visit.
How space is listed and bought
Areas in Malaysian listings are given in square feet, which is why the per-square-foot figure above is the one to compare. Ask for built-up and land area in square feet in every quote, and compare unit prices on the same basis. One guide in the sources notes that buying through a local company brings tax benefits, so ask an adviser about the structure before you sign.
What to put in your request
Say the type of unit (shop lot, office, warehouse, retail space or a coworking desk), the area in square feet, the town (Kuala Lumpur, George Town, Johor Bahru, Ipoh or Shah Alam), whether you want to buy or rent, and your budget. If the business needs a particular licence, say so in the request, so that sellers can tell you what applies to their unit.
Describe the space you need in your own words in the BlaBlaPrice chat, and add a photo of the premises if you have one. The AI asks for anything missing, looks through sellers' websites and price lists in Malaysia, and shows the prices and businesses it found. Sellers registered on BlaBlaPrice reply in the chat with their own offer, and your contacts stay hidden until you decide to share them. Requests are free for buyers. You can also browse offices to rent or commercial property for sale.
