Warisan PNB 118 (KL118), Kuala Lumpur

Warisan PNB 118 (GPS: 3.14172, 101.70097), formerly known as KL118 and Warisan Merdeka, is a skyscraper under construction in Kuala Lumpur. It is expected to be completed in 2024. Warisan PNB 118 is sited on Jalan Hang Jebat. When completed it will be the tallest building in Malaysia and probably the 5th tallest building in the world. KL118 will be 644 meters tall (revised from the previous figure of 610 meters tall). The project is to be developed on a 36-acre land on which stands Stadium Merdeka and Stadium Negara. The two historical buildings will be retained as national heritage sites while the area around them is developed.

The centrepiece of the development will be the 118-storey skyscraper (revised from the previous 100 storeys), which will be the new tallest building in Kuala Lumpur. The entire project, which includes a shopping complex and condominiums, is expected to cost between RM2.5 to RM5 billion. The skyscraper alone will cost RM2.5 and RM3 billion. It will have a gross floor space of 3 million sq ft and 2.2 million sq ft of lettable space.

As soon as the project was announced in 2010¹, it immediately became a target of criticism, the majority of which questioning the wisdom of spending such a large amount of money. The prime minister has since denied that the skyscraper was his idea, sayign the proposal was made by the government's investment company, Permodalan Nasional Berhad. That statement only fueled more criticism that it was yet another act of washing hands in the face of an uproar.

Updates on KL 118

16 August 2017: The Star reported Permodalan Nasional Berhad (PNB) group chairman Tan Sri Abdul Wahid Omar saying that only 20% of the KL 118 tower space would be marketed. This represents half a million square feet. So, PNB does not expect Merdeka PNB118 mega tower to create an office space glut.

360° View of the KL118 construction site on Google Maps Street View

KL118

KL118 is on the map of Jalan Hang Jebat

References

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