According to Savills Malaysia, Klang Valley will have more than 60 million sq ft of retail space in 2017. Average occupancy rate is expected to drop from 90% to around 85% with increasing competition, hesitant tenants and low retail sentiments.

Some malls, such as SS2 Mall and Bukit Bintang Plaza, have already closed their doors pending redevelopment, while many others, such as Jaya Shopping Center, Citta Mall, The Strand, and Sunway Nexis, are struggling to fill their space. Shuttered shops are an increasingly common sight at malls such as Amcorp Mall and Quill City Mall.

http://www.propertypricetag.com/properties/275441.html

At 85% occupancy rate, some malls are half empty.