Analysts set MYR 9.16 target for KLCC Property stock

Published on 10/14/2026 at 01:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half profit hit MYR 408.6 million versus MYR 401.9 million. KLCC stock last traded at MYR 8.10 on October 13, above MYR 8.09.

KLCC earnings and valuation

Analysts place the average 12-month target at MYR 9.16 on October 13, 2026.
First-half fiscal 2026 net profit reached MYR 408.6 million versus MYR 401.9 million a year earlier.
KLCC Property stock last traded at MYR 8.10 on October 13, 2026, 0.12 percent above its MYR 8.09 52-week low.

KLCC Property, real estate, diversified REIT, analyst target, Bursa Malaysia, Illustration mit AI erstellt.

Analysts place the average 12-month target for KLCC Property stock at MYR 9.16, according to Investing.com on October 13, 2026. The target is set against a latest Bursa Malaysia price of MYR 8.10 dated October 13, 2026, giving investors a clear valuation reference as the property group moves through a measured first half.

Profit edges higher in 2026

KLCCP Stapled Group reported net profit of MYR 408.6 million for the first half of fiscal 2026, compared with MYR 401.9 million in the same period a year earlier. The Edge Malaysia attributed the increase to retail occupancy and rental rates in its report published October 5, 2026 and updated October 12, 2026.

The result is slower than the group's record fiscal 2025 performance, when revenue reached RM1.74 billion and net profit RM1.28 billion. The retail segment contributed RM450.9 million to profit before tax of RM970.3 million in that fiscal year, highlighting the importance of mall operations alongside office and hotel income.

Three property milestones

The group opened the 420,000-square-foot Ombak KLCC mall on August 21, 2026, adding about 120 retail lots and a facilities-management income opportunity. The Edge Malaysia reported that Ombak KLCC is positioned as a complementary cultural and lifestyle destination beside Suria KLCC.

For the year ended December 31, 2025, KLCCP also declared a record distribution of 47 sen per stapled security, up from 44.5 sen for fiscal 2024. The group said its asset portfolio was valued at RM16.7 billion at the end of 2025, while office occupancy remained 100 percent under triple-net-lease arrangements.

What supports the valuation?

The MYR 9.16 consensus target is supported by the group's recurring office income and the potential for higher footfall across the Kuala Lumpur City Centre precinct. The counter-factor is execution: the same report described economic uncertainty and cost pressure in the retail and hotel businesses as risks to the cautious 2026 outlook.

KLCC Property is a diversified real estate REIT with exposure to the PETRONAS Twin Towers, Suria KLCC and Mandarin Oriental Kuala Lumpur. Its market capitalization was MYR 14.6 billion on October 13, 2026, and the MYR 8.10 price stood 0.12 percent above the MYR 8.09 52-week low.

Stock remains near yearly low

KLCC Property stock was last at MYR 8.10 on Bursa Malaysia on October 13, 2026 at 4:50 p.m. MYT. The 52-week range was MYR 8.09 to MYR 9.57 on that market snapshot, leaving the latest price 15.34 percent below the high.

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