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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
| Monday | 10:00 AM — 09:00 PM |
| Tuesday | 10:00 AM — 09:00 PM |
| Wednesday | 10:00 AM — 09:00 PM |
| Thursday | 10:00 AM — 09:00 PM |
| Friday | 10:00 AM — 10:00 PM |
| Saturday | 10:00 AM — 10:00 PM |
| Sunday | 11:00 AM — 06:00 PM |
Hours may vary on public holidays. Check with individual stores for specific holiday schedules.
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
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Kuala Lumpur
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