KUALA LUMPUR – Permodalan Nasional Bhd’s (PNB) wholly owned subsidiary, PNB Merdeka Ventures, has marked a major milestone as the construction of its iconic Merdeka 118 has reached its peak at Level 118 to become the tallest building in Malaysia.
In a statement, PNB Merdeka Ventures said, upon the building’s completion next year, the tower will stand at its full height of 644m to also become the tallest building in Southeast Asia.
President and group chief executive Ahmad Zulqarnain Onn said the tower is currently 81% completed, with the installation of the glass facade in progress at Level 108.
“Despite experiencing a delay due to restrictions of the movement control order implemented last year, we are pleased that we are able to top out within our revised timeline,” he said.
The tower has more than three million sq ft of floor area, comprising 1.66 million sq ft of net lettable area (NLA) of Grade-A office space and approximately one million sq ft of retail space.
A number of features have been incorporated into the tower, including The View at 118 Observation Deck, which will be the highest in Southeast Asia, as well as the first and only Park Hyatt Hotel in Malaysia, occupying the top 17 floors of the tower, PNB Merdeka Ventures said.
Additionally, the tower will offer retail opportunities via 118 Mall, which is surrounded by the Merdeka Boulevard at 118 park that will have 1.61ha of greenery and open spaces, as well as three premium residential towers encircling the office tower, it said.
The Merdeka 118 precinct will also feature a textile museum with a focus on Malay-world textiles, a purpose-built childcare centre for children under the age of 7 and Masjid Merdeka, with a capacity of 3,000 people. – Bernama, June 8, 2021
