【Property News】You don’t know about MERDEKA 118(PNB 118)?
With 118 floors and a total height of 635 meters. Kuala Lumpur 118 Building (MERDEKA 118). The developer is the National Investment Corporation (PNB) under the Malaysian government. PNB is the abbreviation of Permodalan Nasional Berhad. It is the largest fund management company in Malaysia. The owner of this Tower. Just as everyone’s eyes were gathered at Building 106 of the Tun Razak International Trade Center (TRX), Kuala Lumpur’s urban landscape is about to welcome the towering World Tower, Kuala Lumpur 118 Building (MERDEKA 118).
MERDEKA 118, with diamond-shaped glass facets, symbolizes the diversified elements of Malaysia. It used to be called Merdeka Building or PNB 118. Merdeka, which means independence in Malay. The 118-story skyscraper consists of 4 parts:
82 office floors,
18 floors are a six-star luxury hotel (Park Hyatt),
18 floors are the aerial observation deck (The View AT 118),
900 square feet 7-storey shopping mall (118 Mall),
In addition, the entire development project in the future also plans to include 2 Merdeka Apartments (Merdeka Residence West & East Tower), 1 Serviced Residence Apartment, Ball room, The Atre, Merdeka Boulevard At 118, Masjid Merdeka, Merdeka Textile Musuem. Details are yet to be announced.
MERDEKA 118 building is link the MRT1 Merdeka station, in addition to walking to Maharajalela Monorail station, you can also walk to LRT Plaza Rayat station. People living in Kuala Lumpur should also know that the development of Plaza Rayat has been shelved for 20 years due to the financial turmoil. Recently, China developers have taken it over, and the construction site has seen a little movement. Think there will be office buildings and Residence too. The development of the apartment is helpless because of the epidemic, and now I also don’t know how it is going.
At the same time, the MERDEKA 118 building is also linked by a pedestrian bridge to HANG TUAH Monorail, LRT station. HANG TUAH, where the plance that Bukit Bintang City Centre (BBCC, Bukit Bintang City Centre KL) are under construction, 3 residential commercial buildings, 2 office buildings, 1 iconic buildings, a 4-star hotel, shopping malls, entertainment The center, leisure street and parks are closely connected to the most prosperous area in Kuala Lumpur.
MERDEKA 118, roof-sealing Ceremony done. After completion, it is the tallest building in Malaysia, the third tallest in Asia, and the fifth tallest in the world. Covering an area of 19 acres and costing 5 billion ringgits, the building was designed by Australian construction company Fender Katsalidis Architects and constructed in three phases. It started in 2014 and is expected to be completed in 2024.
Let us wait and see the development of MERDEKA 118.
The current TRX development project is also a very good choice for Own Stay or investment.