Merdeka 118 is more than 42% complete, says Zeti

by RAHIMI YUNUS / pic by MUHD AMIN NAHARUL

THE Merdeka 118, soon-to-be tallest building in Kuala Lumpur, is more than 42% complete — having reached 84 floors with full completion expected by 2021.

The flagship development of Permodalan Nasional Bhd (PNB) overlooks Malaysia’s two national landmarks — Stadium Negara and Stadium Merdeka, where Malaysia’s independence was declared in 1957.

PNB chairman Tan Sri Dr Zeti Akhtar Aziz (picture) said the Merdeka 118 features integration of the historic and contemporary architecture that is located in a formerly cele- brated, yet, vibrant enclave of the city.

“Upon completion by 2021, the tower at a height of 835m, will be a new landmark on the Kuala Lumpur skyline,” she said at the inaugural PNB Corporate Summit 2019 (PCS 2019) yesterday, themed “Rebooting Corporate Malaysia”

The one-day summit was organised by PNB Research Institute Sdn Bhd, the wholly owned research arm of PNB.

Having commenced construction in 2016, the 635m tower will house South-East Asia’s highest observation deck.

The development also consists of three residential towers, four acres (1.62ha) of a public park, 8,100 parking bays, Park Hyatt Kuala Lumpur, a 1,000-seat theatre, 2,000 capacity ballroom and approximately one million sq ft of shops and, food and beverage outlets.

The Merdeka 118 targets to achieve a triple-platinum rating with Leadership in Energy and Environmental Design, GreenRE and Green Building Index certification, which will make the tower the first in Malaysia to earn such a rating.

The skyscraper will be directly integrated with the Merdeka mass rapid transit station and is accessible to the light rail transit line.

The Merdeka 118 is set to dethrone the Petronas Twin Towers, which stands at 451.9m, and the upcoming Exchange 106 at 492m.

The Petronas Twin Towers, however, will remain as the tallest twin building in the world.

Meanwhile, the Exchange 106, which is developed by Indonesia Mulia Group, has recently opened its door for the first tenant expected by December.

At present, the Burj Khalifa in Dubai, the United Arab Emirates, towering at 828m high of 163 floors, is the world’s tallest.

But the race for the tallest building is heating up and the Burj Khalifa will be “knocked” by the Jeddah Tower in Saudi Arabia.

The Jeddah Tower is under construction now, rising from the Saudi Arabian desert at 1,000m tall.

The US$1.4 billion (RM5.88 billion) development is expected to be completed by 2020.