Posted Apr 9, 2021, 5:38 AM
|
 |
Moderator
|
|
Join Date: Mar 2004
Posts: 2,283
|
|
PNB's Merdeka 118 tower ready for tenancy in H2 2022
By Farah Adilla April 8, 2021 @ 3:34pm
Quote:
KUALA LUMPUR: The iconic Merdeka 118, formerly known as KL118, is on track for completion by June 2022 and ready for occupation in the second half of the year, according to Permodalan Nasional Bhd (PNB).
The Merdeka 118 precinct is developed and funded by PNB Merdeka Ventures Sdn Bhd, a wholly-owned subsidiary of PNB, the country's biggest asset manager.
In September 2016, PNB Merdeka had said the project was progressing within the budgeted RM5 billion.
PNB and its subsidiaries reportedly will take up 42 floors of Merdeka 118, while 14 floors are for amenities.
Four floors will become observation decks and another 41 floors are for office rental.
The upper 17 floors of the tower will house Park Hyatt Hotel Kuala Lumpur, operated by Hyatt Hotels Corp.
A signing ceremony between PNB Merdeka Venture and Hyatt Hotels was held in February 2018.
The five-star hotel will have 232 guest rooms, 28 suites, and 30 serviced apartments.
|
https://www.nst.com.my/business/2021...enancy-h2-2022
|