This is because the 35-year-old building is deemed to be well maintained while having a strategic prime location in the city centre and potentially competitive rental rate if office space supply remains abundant two years down the road, according to experts in the property sector.
KUALA LUMPUR (Dec 21): HeiTech Padu Bhd has bagged a RM21.
KUALA LUMPUR (Nov 30): The construction of Merdeka 118 will benefit Keluarga Malaysia as this precinct will be a new economic catalyst for Kuala Lumpur, whilst complementing other areas that are rapidly developing such as KLCC and KL Sentral, said Prime Minister Datuk Seri Ismail Sabri Yaakob.
KUALA LUMPUR (Nov 17): Gagasan Nadi Cergas Bhd (GNCB) has secured a RM33.
KUALA LUMPUR (Nov 3): PNB Merdeka Ventures Sdn Bhd (PMVSB), a wholly owned subsidiary of Permodalan Nasional Berhad (PNB), has partnered with Oakwood Premier Kuala Lumpur to introduce an Oakwood Premier-branded residential tower to Kuala Lumpur’s iconic Merdeka 118 precinct in 2024.
PETALING JAYA (June 8): PNB Merdeka Ventures Sdn Bhd, a wholly-owned subsidiary of Permodalan Nasional Bhd (PNB), marked a major milestone when the final roof slab of Merdeka 118 (pictured) was topped out, safely reaching its peak at level 118.
KUALA LUMPUR (Sept 24): The ongoing construction of the iconic Merdeka 118 Tower is at level 78 as of today, which makes it about two thirds completed.
KUALA LUMPUR (Dec 21): WCT Holdings Bhd and TSR Capital Bhd's units have both jointly accepted a contract award worth RM676.
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