KUALA LUMPUR: PNB Merdeka Ventures Sdn Bhd, a wholly-owned subsidiary of Permodalan Nasional Bhd (PNB), today unveiled the show gallery for its much-anticipated Merdeka 118 development.
The show gallery provides visitors with the opportunity to preview important features such as the development’s location and connectivity in relation to the other parts of Kuala Lumpur as well as the technical aspects and the look and feel of one of South-East Asia’s landmark office towers.
Permodalan Nasional Bhd (PNB) Group Chairman Tan Sri Dr Zeti Akhtar Aziz said the Merdeka 118 precinct is set to become an extraordinary union between the historic and contemporary architecture.
“To this, we have prioritised plans to fully activate the precinct all year round once completed, with potential collaborations and partnerships that will deeply involve and connect directly with the neighbouring community.
“It is our hope that it will draw visitors and reflect the personality and spirit of the Merdeka 118 precinct, bringing a positive impact to other parts of Kuala Lumpur,“ she said during the unveiling of the show gallery today.
Once completed, Merdeka 118 will span over three million sqft of floor area, comprising 1.65 million sqft of net lettable area of Grade-A rentable office space, the PNB Observation Deck which will be the highest in Southeast Asia.
The RM7 billion project would also consist of the only Park Hyatt Hotel in Malaysia and approximately one million sqft of net lettable area of exciting retail opportunities as well as three premium residential towers.
The RM7 billion Merdeka 118 tower overlooks Malaysia’s two national landmarks - Stadium Negara and Stadium Merdeka - where the country’s independence was declared in 1957.
The tower is also targeting triple-platinum rating with Leadership in Energy and Environmental Design, GreenRE and Green Building Index certification, which will make Merdeka 118 the first in Malaysia to earn such a rating. -- Bernama