A mammoth skyscraper that is set to adorn KL’s metropolitan skyline
Initially conceptualized as part of the Malaysian government’s NKEA (National Key Economic Area) national action plan to “revitalize the ageing” Petronas Twin Towers situated at Kuala Lumpur City Centre (KLCC), the 118-storey Warisan Merdeka is wholly owned by Permodalan Nasional Berhad (PNB), with a projected allocation or target budget of RM5 billion. Ear-marked for final completion in 2024, the initial phase of the project is scheduled to be completed by 2020. Reputed to be the fifth tallest building in the world, the “PNB 118” tower will consist of some 400,000 square metres of premium residential apartments, a six-star luxury hotel and world-class commercial space. It is also hailed as the second tallest structure in Asia, after China’s own pride and joy, the Shanghai WFC Tower.
Together with PNB’s solid financial credentials and the federal government’s sound political will, Warisan Merdeka has been anticipated to be the next major metropolitan development to grace the national capital’s ever-expanding skyline. The main tower is strategically located atop the iconic Petaling Hill adjacent to the historic Stadium Merdeka and Stadium Negara, with a backdrop view of Kuala Lumpur’s old city. The current land which it sits on today used to be occupied by a pre-war Merdeka Park. With over 100 floors of rentable space – 82 floors of office space with a sky lobby, 12 floors for a 236-room 6-star hotel, a 5-storey serviced apartment, a retail business centre or hub, and a shopping mall accommodating some 200 tenant stores – it incorporates an exclusive 12-hall premier cineplex.
This landmark project will also bear witness to Malaysia’s impressive real estate development, particularly in the niche property sector, within the ever robust building and construction industry. This mighty and majestic tower also serves as an iconic symbol or hallmark which defines our country’s financial strength and economic prowess towards attaining a developed nation status by year 2020. It is hoped that with the completion of the “legacy tower”, Malaysia will be able to showcase itself to the world as a truly progressive and prosperous nation.