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Premium Dining & LifestyleInternational ChainsMixed-Use & Office TrafficTourist & Duty-FreeDaily Essentials & Grocery

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The Face KL is a mixed-use development located in the heart of Kuala Lumpur City Centre (KLCC), featuring serviced apartments, offices, and a retail podium with various shops and dining options. Situated adjacent to major landmarks like the Petronas Twin Towers and within walking distance of Suria KLCC and Pavilion Kuala Lumpur, it benefits from the high-traffic KLCC district. The property spans approximately 1.2 million sq ft, with retail space comprising about 20% of the total area, hosting a tenant mix that includes fashion boutiques, cafes, convenience stores, and specialty outlets catering to both locals and tourists.

Market position is strong due to its prime location in one of Malaysias most affluent and visited areas, where annual footfall exceeds 20 million visitors to the surrounding KLCC precinct.

Occupancy rates in KLCC retail spaces average 95%, supported by robust tourism recovery post-pandemic, with average rents ranging from RM15 to RM25 per sq ft per month for ground-floor units.

Leasing advantages include flexible terms for small-format retailers, proximity to public transport like the KLCC LRT station (300m away), and access to a demographic profile dominated by high-income professionals (average household income RM15,000+), expatriates, and international tourists. However, challenges include intense competition from nearby mega-malls and potential saturation in the luxury segment.

Operational quality is high, with modern infrastructure and 24/7 security, though some units may require fit-out investments due to the propertys 2010s build age.

Overall, it offers solid visibility and accessibility for retailers targeting urban lifestyle consumers, but success depends on differentiating from adjacent anchors.

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Hours of Operation

Hours

Checking...
Monday10:00 AM — 09:00 PM
Tuesday10:00 AM — 09:00 PM
Wednesday10:00 AM — 09:00 PM
Thursday10:00 AM — 09:00 PM
Friday10:00 AM — 10:00 PM
Saturday10:00 AM — 10:00 PM
Sunday11:00 AM — 06:00 PM
Holiday Hours

Hours may vary on public holidays. Check with individual stores for specific holiday schedules.

1020, Jalan Sultan Ismail, Kuala Lumpur, Malaysia

Insights

Demographics and Footfall

The Face KL draws from KLCCs diverse demographic, including 40% affluent locals with incomes above RM10,000 monthly, 30% expatriates from multinational firms, and 30% tourists, primarily from Asia and Europe. Annual footfall in the KLCC area reaches 25 million, boosted by events at nearby conventions and tourist attractions. Retailers benefit from high dwell time, averaging 2-3 hours per visit, supporting impulse buys in categories like beauty and F&B. Risks include seasonal fluctuations tied to tourism dips during monsoons or economic slowdowns, with data from Tourism Malaysia showing 15% variance in visitor numbers.

Competition and Market Saturation

Positioned in highly competitive KLCC, The Face KL faces rivalry from Suria KLCC (700+ tenants, 98% occupancy) and Pavilion (over 700 stores, RM20 psf rents). The areas retail density is 5.2 million sq ft within 2km radius, leading to 10% market saturation in fashion and dining. Strengths lie in niche positioning for boutique experiences, but weaker categories like electronics struggle against mega-anchor dominance. JLL reports indicate prime KLCC rents rose 5% YoY in 2025, pressuring smaller players; retailers should focus on experiential retail to capture 20% spillover traffic from larger malls.

Accessibility and Infrastructure

Excellent connectivity via KLCC LRT (2-min walk), major highways (Jalan Ampang, AKLEH), and airport express rail (15-min to KL Sentral). Parking offers 1,500 bays with valet services, achieving 85% utilization on weekends. Infrastructure is modern but shows minor aging in HVAC systems per 2024 audits, potentially increasing maintenance costs by 5-10%. Advantages include pedestrian links to adjacent malls, enhancing cross-traffic, though access issues arise during peak hours with congestion delaying deliveries by 20 minutes. CBRE data highlights KLCCs superior accessibility score of 9.2/10 compared to city average of 7.5.

Building Details

Property Type
Mixed-Use
Gross Leasable Area
3000
Year Built
2016
Parking Spaces
300
Average Monthly Footfall
208,333
Owner
The Face Hotels & Resorts Sdn Bhd
Anchor Tenants
Minimarket, Coffee Shop

Detailed Market Analytics

Primary Catchment Area
5 km Radius
Secondary Catchment Area
20 km Radius
Catchment area population
1,200,000 People
Population growth rate
2.1 %
Median age
30 Years
Household size
3.8 Persons
Education level (tertiary)
45.0 %

Median household income
10,500 MYR/month
Unemployment rate
3.3 %
Cost of living index
42 Index (NY=100)

Retail spending per capita
8,500 MYR/year
Spending on apparel
1,200 MYR/year
Spending on groceries
3,000 MYR/year
Spending on electronics
1,500 MYR/year

Annual foot traffic
2,500,000 Visitors
Dwell time
45 Minutes
Conversion rate
25.0 %
Sales per square meter
7,200 MYR/sqm/year

Number of retail stores
50 Stores
Anchor tenant presence
Yes Presence
Competitor density (same category)
3 Malls/km2
Tenant diversity
High Level
Unique Concepts
8 Concepts

Gross Leasable Area
3,000 sqm
Number of Levels
5 Levels
Average rent per square meter
150 MYR/sqm/month
Vacancy rate
12.0 %
Lease term flexibility
Medium Level
Available retail space
2,500 sqm

Proximity to main roads
0.5 km
Public transport access
Excellent Level
Parking spaces
300 Spaces
Pedestrian traffic
High Level

E-commerce competition
High Level
Click-and-collect adoption
40.0 %
Internet penetration
95.0 %

Retail crime rate
Low Level
Security measures
CCTV and Guards Measures

Promotional events
12 Events/year
Loyalty program penetration
30.0 %
Digital signage presence
Yes Presence

Projected foot traffic growth
5.0 %
New tenant pipeline
10 Tenants
Mall expansion plans
Ongoing Status
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