The Central Market began as a wet market in 1888 that was built by the British for the citizens of Kuala Lumpur and the tin miners. It was very advantageous as it was within the rage of the Klang bus stand and the train station. It served as a landmark in the colonial and modern days. In the 1970s when Kuala Lumpur went through high speed development, there were plans to demolish it but the Malaysian Heritage Society made a fortunate petition against the demolishment of the Central Market and it was declared as a ‘Heritage Site’.
During the construction of Daya Bumi is 1981, the market was once again saved from demolishment and renovated to become the center for Malaysian arts, culture and handicraft or Pasar Budaya since 1986. Further expansion took place in 1889, 1895, 1920, 1921 and by 1933 it was done and stands as it is till now. The total cost of renovation was $167000.
The Central Market is arranged in a stall concept representing the traditional Malaysian market. There are many sections like the Lorong Melayu, Straits Chinese and Lorong India located in the west wing. The second floor is mainly a food court.