Shop lot in Kuala Lumpur and Selangor, MCE Malaysia Commercial Expert
Free calculator · 2026 rates

Price per sq ft calculator

Convert sq ft and sq m, then check whether a shop’s price or rent per sq ft is in line with its hub.

Price and rent
Compare with a hub

Per square foot

Price per sq ftAbove this hub’s typical range
RM 1,623.38
Monthly rent per sq ftAbove this hub’s typical range
RM 5.84
Area
1,540 sq ft = 143.07 sq m
Price per sq m
RM 17,473.86

Bandar Kinrara

Typical price psf
RM 521 to RM 754
Typical rent psf
RM 2.90 to RM 4.40

Asking prices, not transacted prices. Corner and main-road units sit at the top of the range.

For reference only, not legal, tax or financial advice. Rates can change; confirm with your lawyer, bank, tax adviser or LHDN before you sign or pay.

Formula

How it works

  • sq ft = sq m × 10.7639; sq m = sq ft ÷ 10.7639
  • Price psf = price ÷ built-up sq ft
  • Rent psf = monthly rent ÷ built-up sq ft

Hub benchmarks come from the MCE shop rent index: the middle half of recent asking prices for ground-floor shops and whole shoplots, only for hubs with at least 10 adverts. See the full rent index.

Worked example

A shop of 1,540 sq ft (about 143.07 sq m) asking RM 2,500,000, or RM 9,000 a month to rent:

  • Price psf: RM 2,500,000 ÷ 1,540 = RM 1,623.38
  • Rent psf: RM 9,000 ÷ 1,540 = RM 5.84 a month
FAQ

Frequently asked questions

How many sq ft are in one square metre?

One square metre is 10.7639 sq ft. To convert sq ft to sq m, divide by 10.7639.

Which area should I use for price per sq ft?

Usually the built-up area. For a whole shoplot add up all floors; if you only rent the ground floor, use the ground-floor area. Make sure you compare the same kind of area.

Why are bigger units usually cheaper per sq ft?

Bigger units have a higher total rent and fewer tenants who can afford it, so rent per sq ft is usually lower. Smaller units cost less in total but more per sq ft.

Are the hub benchmarks transacted prices?

No, they are asking prices from recent adverts, using the middle half as the typical range. Corner and main-road units usually sit at the top; actual deals depend on negotiation.

Want the numbers for a real shop?

Send us the unit or the area you are looking at. We will share the asking rent or price, recent comparables and what tenants in that hub usually pay.