Menara IGB (a.k.a. IGB Tower) — Office for Rent in KL (2026)
Answer capsule
Menara IGB is an 18-storey Grade A office tower (~316,000 sq ft gross / ~263,000 sq ft NLA, ~13,500 sq ft typical floor plate) at 1, Lingkaran Syed Putra, Mid Valley City, KL, completed 1999 and owned by IGB Commercial REIT. Current asking rent runs RM 6.00 – RM 7.81 psf/month (1Q25 IGB Commercial REIT portfolio average RM 6.80 psf). Mid Valley KTM Komuter is on the doorstep; Abdullah Hukum LRT is a 5-minute walk via covered link.
Fast Facts
| Field | Value |
|---|---|
| Grade (basis) | Grade A (developer brochure + JLL "Grade A Office tower") |
| Completed / major refurb | 1999 (developer-stated year; some third-party listings show 2000) |
| NLA + typical floor plate | ~263,000 sq ft NLA / ~13,500 sq ft per floor (developer brochure) |
| Efficiency (net:gross) | Not in public sources. Building management call required. |
| Asking rent (gross/net flagged) | RM 6.00 – RM 7.81 psf/month on current active listings (mostly bare); 1Q25 IGB Commercial REIT Mid Valley City average RM 6.80 psf |
| Asking vs effective rent spread | Effective rent not disclosed in the sources reviewed. Building management call required. |
| Service charge (RM psf/mo) | Not in public sources. IGB Commercial REIT AR does not break out a per-building rate. Building management call required. |
| Car park (bay ratio, rate, visitor rate) | 1 bay per 1,000 sq ft leased (shared with Mid Valley Megamall/Centrepoint). Tenant season-pass rate not in public sources. Visitor rate at Mid Valley Megamall: Mon–Fri first 3 hours RM 2.00, 4th hour RM 1.00, subsequent RM 2.50. |
| After-hours air-con rate | Not in public sources. Building management call required. |
| MD / Malaysia Digital status | "Malaysia Digital Status" (formerly MSC), MD Cybercentre Tier 2 per IGB Property brochure |
| Green cert (GBI/LEED/GreenMark) | GreenRE Gold (2025, IGB Berhad awards page) |
| Anchor tenants / tenant roster | Intel Malaysia (Suite 10.01, 10th Floor); IHeal Medical Centre (Level 7 & 8 Annexe); Regus serviced-office centre (Suite 8.01, 8th Floor) |
| Nearest rail + measured walk time | Mid Valley KTM Komuter (at the development); Abdullah Hukum LRT (Kelana Jaya Line), 5 min walk per IGB Property |
| Backup power / carrier neutrality | Not in public sources. Building management call required. |
| Last verified | 2026-08-06 (IGB Property brochure + IGB Commercial REIT 1Q25 disclosure) |
What you'll actually pay (5,000 sq ft unit, 3-year stay, indicative)
| Line | RM psf/mo | RM/month (5,000 sq ft) | RM/year |
|---|---|---|---|
| Base rent (RM 6.50 psf) | 6.50 | 32,500 | 390,000 |
| Service charge | Not in public sources | — | — |
| Car park (5 bays @ undisclosed season rate) | — | — | — |
| After-hours air-con | Not in public sources | — | — |
| Utilities estimate (RM 0.80 psf) | 0.80 | 4,000 | 48,000 |
| SST on rent (8%) | 0.52 | 2,600 | 31,200 |
| Total all-in (excl. service charge + parking) | ~7.82 | ~39,100 | ~469,200 |
Total all-in first-year TCO estimate: ~RM 469,200 (excluding service charge, parking, and after-hours air-con which are not in public sources). Confirm each line with IGB Property Management (603-2289 8989, [email protected]).
For MNC tenants with strong covenants, some KL landlords accept a bank guarantee in place of cash security deposit — ask the leasing office; this is a common institutional ask, not an entitlement.
Will my team fit here?
Indicative sizing assumes KL office norms of 100 sq ft per person (dense, call-centre / hot-desk) and 150 sq ft per person (typical professional / client-facing). Floor plate ~13,500 sq ft:
| Headcount | 100 sq ft/pax | 150 sq ft/pax | Floors needed | Indicative monthly rent (RM 6.50 psf) |
|---|---|---|---|---|
| 20 pax | 2,000 sq ft | 3,000 sq ft | 1 part-floor | RM 13,000 – RM 19,500 |
| 50 pax | 5,000 sq ft | 7,500 sq ft | ~½ floor | RM 32,500 – RM 48,750 |
| 100 pax | 10,000 sq ft | 15,000 sq ft | ~1 full floor (1 of 18 storeys) | RM 65,000 – RM 97,500 |
Rent lines exclude service charge, parking and SST, which are not in public sources for Menara IGB.
Transit reality
- Mid Valley KTM Komuter (Tanjung Malim – Port Klang Line) — at the development; same complex as Menara IGB.
- Abdullah Hukum LRT (Kelana Jaya Line) — 5 min walk per IGB Property brochure; link-bridge to The Gardens Mall.
- Bus — "KL 2148 Mid Valley (Selatan)" stop, 4 min walk; "Mid Valley South Court" stop, 4 min walk.
- E-hail — lobby pickup available.
- Driving — Federal Highway, NPE and Sprint Highway all within 5 min drive.
For staff commuting from PJ/KL fringe, Mid Valley is one of the better-served non-LRT Grade A addresses; for staff commuting from KLCC/TRX on the LRT, the Kelana Jaya Line direct to Abdullah Hukum is the cleanest single-seat ride.
Who's in the building
Three building-specific tenants are confirmed in public sources:
- Intel Malaysia (US semiconductor MNC) — Suite 10.01, 10th Floor, per third-party MNC directory.
- IHeal Medical Centre (medical specialist operator) — Level 7 & 8, Annexe Block, per the operator's own parking-and-location page.
- Regus (serviced-office operator) — Suite 8.01, 8th Floor, per Regus's own location listing.
The developer brochure and IGB Commercial REIT AR do not publish a full tenant roster. The recurring Mid Valley City cluster list (Accenture, Oracle, Baker & McKenzie / Wong & Partner, Sony, BHP Billiton, RAM Holdings, Tricor) is attributed to the Mid Valley City development as a whole, NOT specifically to Menara IGB — treat it as cluster context, not as a Menara IGB roster.
Lease risk & exit mechanics
Reinstatement at exit. Cost to return the unit to bare condition is not in public sources for Menara IGB. KL Grade A market proxy is RM 15 – RM 40 psf depending on existing condition (bare-unit handback with raised-floor/ceiling strip-out is at the upper end). Get a photo + video inventory at move-in.
Break clause. Not in public sources. KL Grade A market norm is 3-month written notice after lock-in expires, with a break fee of 1–2 months' rent or 100–150% of the remaining term's rent (negotiated). Confirm the exact wording with IGB Property.
Diplomatic clause. Not in public sources. KL institutional landlord market norm: invocable after 12-month lock-in, 2-month written notice plus documentary evidence (transfer letter or visa-cancellation notice); tenant remains liable for rent during the notice period. Verify the exact mechanic with the leasing office.
Fair wear and tear vs damage. The ambiguity that drives most deposit-return disputes. Take dated, time-stamped photos of every wall, floor tile, ceiling tile and fixture at move-in. For unreturned-deposit disputes, the small-claims track (Writ of Summons) is the cited recourse; legal fees on the small-claims track are typically capped.
Malaysia Digital / MSC status box
Verified building-level fact: Menara IGB holds Malaysia Digital (MD) Status / MD Cybercentre Tier 2 per the IGB Property brochure (verified 2026-08-06). MD Status is the current branding of the legacy MSC designation.
Important context (read this before signing a lease based on MD): since 25 March 2022 MD status in Malaysia is company-activity-based, NOT building-designation-based — a company can qualify for MD incentives from a non-MD-certified building if its activity qualifies. Only ~35% of Malaysia's purpose-built office stock is MD-certified, and only ~13% of MD companies actually sit in MD-certified premises. "Do I need to be in an MD building?" is the real question — and the answer is usually no. The tax-incentive mechanics (0% qualifying IP income / 5–10% non-IP, RM 50,000 minimum paid-up capital for the incentive application, RM 1,080 non-refundable processing fee) are published by MDEC; verify current thresholds with MDEC at the time you sign, since these figures change on a budget cycle.
Compare block (3 same-submarket peers)
| Building | Submarket | Grade | Typical floor plate | Asking rent (psf/mo) | Verified date |
|---|---|---|---|---|---|
| Menara IGB | Mid Valley City | A | ~13,500 sq ft | RM 6.00 – RM 7.81 | 2026-08-06 |
| 1 Sentrum | Mid Valley City / KL Sentral fringe | A | ~16,000 sq ft | RM 6.00 – RM 7.50 | 2026-08-06 (broker listings) |
| Amcorp Tower | Mid Valley / PJ fringe | A (mature) | ~12,000 sq ft | RM 4.50 – RM 5.50 | 2026-08-06 (broker listings) |
| 1 Dutamas | Sri Hartamas / Mont'Kiara fringe | A | ~17,000 sq ft | RM 5.50 – RM 6.50 | 2026-08-06 (broker listings) |
For a deeper same-submarket comparison, see the KL office leasing guide.
FAQ
Is Menara IGB Malaysia Digital / MSC status?
Yes. IGB Property's brochure confirms MD Status / MD Cybercentre Tier 2 (verified 2026-08-06). Since 25 March 2022 MD status is company-activity-based, not building-bound — your company's own qualifying activity matters more than the building's badge.
What is the service charge at Menara IGB?
Not in public sources. IGB Property's brochure, the IGB Commercial REIT annual report, and major broker PDFs do not break out a per-building rate. Ask IGB Property Management (603-2289 8989, [email protected]) for the current figure.
How much is a 5,000 sq ft office at Menara IGB per month?
Indicative headline: RM 32,500 / month at RM 6.50 psf (mid-band of the RM 6.00 – RM 7.81 psf asking range). Plus service charge (not in public sources), car park (1 bay per 1,000 sq ft leased at undisclosed rate), and 8% SST. All-in first-year TCO is at least RM 469,000 before service charge + parking.
What is the floor plate size at Menara IGB?
~13,500 sq ft per typical office floor per the IGB Property brochure. The development is an 18-storey office building with a 2-storey annexe (third-party listings sometimes cite 26–27 storeys, which appears to include the annexe and podium floors; the developer's 18-storey + 2-storey annexe is the authoritative description).
Is Menara IGB green certified?
Yes. GreenRE Gold (2025, per IGB Berhad's awards page and the IGB Property brochure).
How far is Menara IGB from the nearest MRT / LRT?
Mid Valley KTM Komuter station is on the development; Abdullah Hukum LRT (Kelana Jaya Line) is a 5-minute walk via the link bridge to The Gardens Mall. The LRT is the single-seat ride to KLCC for staff coming from the Golden Triangle.
What is the car park ratio at Menara IGB?
1 bay per 1,000 sq ft leased, shared with the Mid Valley Megamall / Centrepoint development. Tenant season-pass rate is not in public sources.
What is the minimum lease term at Menara IGB?
Not in public sources. The KL Grade A market norm is 3 years (often 3+3 renewal). Confirm with the leasing office.
Does Menara IGB's landlord accept a diplomatic clause for foreign tenants?
Not in public sources. KL institutional landlord market norm is a diplomatic clause invocable after a 12-month lock-in, with 2-month written notice and documentary evidence. Verify the exact wording with IGB Property before signing.
What is the reinstatement cost at lease exit at Menara IGB?
Not in public sources. KL Grade A market proxy is RM 15 – RM 40 psf depending on existing condition. Get a photo and video inventory at move-in.
Verified stamp
Rent, asking-rent range and parking ratio verified 2026-08-06 by SPEEDHOME, sourced from the IGB Property brochure, IGB Commercial REIT 1Q25 disclosure, and major broker listings. Service charge, parking rate, after-hours air-con rate, lease-term details, reinstatement cost and break/diplomatic clause wording are not in public sources; building management call required (IGB Property Management, 603-2289 8989, [email protected]).
Compare more KL offices
Start with the KL office leasing guide. Then compare Menara 1 Dutamas and Menara 1 Sentrum before shortlisting a building.