KL Midtown Signature Office Towers land first tenants as RM7.50 psf rentals debut

KUALA LUMPUR, 24 JULY 2026 —

KL Midtown Signature Office Towers Secure First Tenants as Premium Rentals Debut

Developed through a joint venture between Hap Seng Land Sdn Bhd and Naza TTDI Sdn Bhd, the twin towers form part of the KL Midtown integrated development. The project, designed by Skidmore, Owings & Merrill (SOM)—the firm behind landmarks such as the Burj Khalifa and One World Trade Center—offers modern workplace features including high ceilings, column-free floor plates, and green building certifications.

Hap Seng Land director of property management Manfred Weber highlighted growing demand for sustainable and digitally equipped office spaces, reflecting a broader shift in workplace preferences. The first tenant, from the legal sector, will occupy its space on Friday, with two more tenants expected to begin fit-outs by year-end. The majority of occupancies are projected for 2025.

The development boasts a net leasable area of 453,000 sq ft across 19 floors, with ceiling heights of 4.2m and floor plates of approximately 11,956 sq ft. It has achieved LEED Gold certification and is pursuing GreenRE Platinum and MD Nexus certifications. Additional amenities include landscaped rooftop terraces and over 3,000 basement parking bays.

The towers provide direct access to the upcoming AEON Mall KL Midtown, set to open in November, and a connection to the Hyatt Regency Kuala Lumpur. Weber also noted the upcoming MRT station as a key accessibility advantage, alongside integrated amenities and ample parking.

Rental rates start at RM7.50 per sq ft, positioning the towers as a premium offering in Kuala Lumpur’s office market. The development’s focus on sustainability, connectivity, and modern infrastructure aligns with evolving corporate real estate demands.

Malaysia Market Impact The KL Midtown Signature Office Towers’ entry into the market signals a push toward higher-quality office spaces in Kuala Lumpur, particularly among sectors prioritizing sustainability and digital readiness. The debut of RM7.50 per sq ft rentals—among the higher end in the city—could influence future pricing trends in Grade A office segments.

The project’s proximity to AEON Mall KL Midtown and Hyatt Regency, along with future MRT connectivity, enhances its appeal to multinational corporations and professional services firms. This may accelerate leasing activity in the Dutamas area, a submarket gaining traction as a mixed-use hub.

Sector & Company Specifics Hap Seng Land, the property arm of Hap Seng Consolidated Bhd, is positioning the towers as a flagship asset within its portfolio. The joint venture with Naza TTDI leverages both parties’ expertise in large-scale developments, with KL Midtown serving as a key mixed-use project in the Klang Valley.

The towers’ LEED Gold and pending GreenRE Platinum certifications underscore Malaysia’s growing emphasis on green building standards. SOM’s involvement ensures international-grade design and functionality, potentially attracting multinational tenants.

Outlook With the first tenant moving in and additional occupancies expected in 2025, the KL Midtown Signature Office Towers are poised to set new benchmarks for Grade A office spaces in Kuala Lumpur. The project’s sustainability credentials, premium amenities, and strategic location position it well to meet evolving corporate real estate demands.

Further leasing activity will depend on market conditions, but the development’s features and certifications may drive stronger interest from sectors prioritizing ESG compliance and operational efficiency.

Related: Kuala Lumpur