Will MRT3 raise shop rents in Kuchai, Old Klang Road and Sri Hartamas?
MRT3 is targeted for 2032 and no contract had been awarded by Nov 2026. What that means for shop rents in Kuchai, Old Klang Road, Sri Hartamas and Cheras.
Short answer
Not for years. MRT3, the Circle Line, is scheduled to be operational by 2032, and as of 14 November 2026 no main contract award had been found. Until then, ground-floor shop rents in Kuchai, Old Klang Road, Sri Hartamas and Cheras will be set by today's footfall, tenants and parking. Underground stations usually bring years of roadworks before they bring customers. Buy or rent for the trade a row has now, not for 2032.
Where does MRT3 stand in late 2026?
Here is what has been reported:
| Date | Milestone | Source |
|---|---|---|
| 15 Jul 2025 (Selangor), 15 Aug 2025 (KL) | Land gazetted under s8 of the Land Acquisition Act | MCI Group report (17 Jul 2026) |
| 17 Jul 2025 | Transport Minister approves the final Railway Scheme; 93.3% of about 45,000 public responses supportive; land lots to acquire cut from 1,012 to 690 | Malay Mail via Yahoo (17 Jul 2025) |
| End 2026 to mid 2027 | Contract awards expected by MBSB Research | The Edge (18 Jul 2025) |
| From 2027 | Construction expected | The Edge; mrt.com.my |
| By 2032 | Scheduled to be operational, per a written parliamentary reply by Transport Minister Loke | MCI Group report (17 Jul 2026) |
As of 14 Nov 2026, our research found no MRT3 contract award. The line is about 51 km, orbital, with 10 interchange or connecting stations (The Edge).
Which stations matter for these shop areas?
Interim station names, according to the information site mrt.com.my (not the official MRT Corp page), include Sri Hartamas, Dutamas, Kuchai, Jalan Klang Lama, Taman Midah, Taman Cheras, Salak Selatan, Pantai Dalam and UM. These are proposed names and may change.
PropertySifu (Sep 2026) lists interchanges at:
- Kuchai, with the MRT Putrajaya Line
- Salak Selatan, with the LRT Sri Petaling Line and KTM
- Taman Midah, with the MRT Kajang Line
- Pandan Indah, with the LRT Ampang Line
There is no station named Mont Kiara and no Bukit Jalil stop. Be wary of adverts that claim one.
What do shop rents look like in these areas today?
MCE analysis of recent portal adverts, Nov 2026: last 6 months, shop types only, bait and duplicate adverts removed, middle half of asking prices.
| Hub or area | Rent adverts (n) | Asking rent per month |
|---|---|---|
| Kuchai Entrepreneurs Park | 32 | RM10,000 to RM13,000 |
| Pearl Point, Old Klang Road | 71 | RM5,500 to RM10,000 |
| Taman OUG | 52 | RM5,000 to RM13,000 |
| Sri Hartamas | 30 | RM12,000 to RM18,000 |
| Cheras area, 1,800 to 4,000 sq ft | 17 | RM10,000 to RM14,000 |
Solaris Dutamas and Publika had too few clean rent adverts to publish a figure. For Cheras Business Centre, we show the area-wide range above.
These rents already reflect each hub's own catchment. Sri Hartamas has a dense, high-income residential base. Kuchai and Taman OUG draw from large Chinese-majority neighbourhoods. None of that depends on a line that does not exist yet.
Will a station eventually lift rents?
Possibly, for the right rows. Our post on shop near LRT/MRT vs shop near housing explains that stations help most when they add people to a row that already works, on a direct walking route. The same lesson applies to the new LRT3 Shah Alam Line, where it is still too early to see any rent effect even after opening.
What is clear is the order of events: land acquisition, contract award, years of construction, then trains. Between contract and opening, roads near underground station sites may be narrowed or diverted. For a shop that relies on drive-in customers, that can hurt trade before it helps.
What should investors and landlords do now?
Investor checklist:
- Price the shop on today's rent and today's vacancy, not on a 2032 story.
- Find out how close the proposed station box is, and whether access roads may be affected during construction.
- Check whether your unit or row is on land being acquired. Land acquisition notices are public.
- Assume the station names and locations can still change.
- Treat any uplift after opening as a bonus.
Landlord checklist:
- Do not push rents now on the strength of MRT3. Tenants can read the same timeline.
- If roadworks start near your row, expect tenants to ask for relief. Plan for it rather than lose a good tenant.
- Keep good tenants through the construction years. They are the ones who will benefit when the line opens.
Is any of the old timeline still valid?
No. Earlier talk of a first phase in 2028 and full opening in 2030 has been superseded. The current reported target is operation by 2032. Until a contract is awarded and work starts, treat even that date with caution.
Written by Tok Ginstee (REN 37505), CID Realtors Sdn Bhd (E (1) 1855). Updated November 2026.
Frequently asked questions
When will MRT3 Circle Line be completed?
Is there an MRT3 station in Mont Kiara or Bukit Jalil?
Which MRT3 stations are interchanges?
Should I buy a shop in Kuchai now because of MRT3?
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