1. What is Commercial Rent Calculation?

Commercial rent in Malaysia is typically calculated based on the area of the property multiplied by the rental rate per square foot or square meter. This calculation helps businesses budget for their operational costs and compare different property options.

2. How Does the Calculator Work?

The calculator uses the simple rent formula:

Where:

• \( Area \) — Size of the commercial space in square feet or meters
• \( Rate \) — Rental rate per square foot or meter (MYR)

Explanation: The equation multiplies the total area by the rental rate to determine the monthly rent amount.

3. Importance of Rent Calculation

Details: Accurate rent calculation is crucial for business planning, comparing different commercial properties, and negotiating lease terms in Malaysia's competitive commercial real estate market.

4. Using the Calculator

Tips: Enter the property area, select the unit (square feet or meters), and input the rental rate per unit. All values must be positive numbers.

5. Frequently Asked Questions (FAQ)

Q1: What's the difference between psf and psm rates?
A: psf = per square foot (≈ MYR 3-15), psm = per square meter (≈ MYR 30-160). 1 sq m = 10.764 sq ft.

Q2: Are utilities included in commercial rent?
A: Typically not included in base rent in Malaysia. Tenants usually pay utilities separately (TNB, water, etc.).

Q3: What are common rental rates in Malaysia?
A: Varies by location - KLCC (MYR 8-15 psf), suburban (MYR 3-8 psf), industrial (MYR 1.50-4 psf).

Q4: Are there additional charges besides rent?
A: Yes, often maintenance fees (sinking fund, quit rent), service charges, and sometimes parking fees.

Q5: How are rental rates determined?
A: By location, property condition, amenities, market demand, and lease terms (longer leases may get better rates).