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Foreign businesses are reshaping Kuala Lumpur’s prime neighbourhoods

02:59 Min

An influx of foreign businesses into some of Kuala Lumpur’s most sought-after neighbourhoods is reshaping the city’s commercial landscape. But their growing presence - and deeper pockets - are also driving up rents, putting pressure on local businesses. Melissa Goh reports on how intensifying competition for prime space is forcing some Malaysian businesses to move upstairs - or move out.

An influx of foreign businesses into some of Kuala Lumpur’s most sought-after neighbourhoods is reshaping the city’s commercial landscape. But their growing presence - and deeper pockets - are also driving up rents, putting pressure on local businesses. Melissa Goh reports on how intensifying competition for prime space is forcing some Malaysian businesses to move upstairs - or move out.

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