View Full Version : Lot D KLCC - The last strategic area
tomkat August 31st, 2005, 05:04 PM What kind of building would you like to see to be built in Lot D (in front of Mandarin Oriental)? Please tell the type of architectural that you would like to see...
I for one, would love to see a smaller version of Skyneedle - squarish version of the Twin Towers. After all, the Twin Towers are the direct descendant of the Skyneedle. 350 meter building would do. It would give a perfect balance to the skyline..
Please tell your architectural preference for this building....
D_Y2k.2^ September 2nd, 2005, 05:55 AM Hey tomkat,I've similar opinion with you;) the PTTs need a similar designed sibling.And they must not be taller than them
nazrey September 2nd, 2005, 06:01 AM by Brian Scott
http://www.pbase.com/image/37491950.jpg
tomkat September 2nd, 2005, 08:37 AM Wow. The footing is quite big....
szehoong September 2nd, 2005, 09:53 AM ^^ Yes....the carpark area ;)
ZaHiRnYa??? September 2nd, 2005, 10:22 AM So..when is the construction going to start ;)
bobdikl September 3rd, 2005, 05:08 AM How about zoo complex???..hehehe just kidding :)
a small icon cultural institution..like modern arts (Tate gallery or Guggennheim museum), modern library etc
or huge landscape green bamboo gardens with water, rocks and no flowers.
Good feng shui :)
and an underpass shopping mall link to KL pavillion.
D_Y2k.2^ September 8th, 2005, 02:50 AM How about zoo complex???..hehehe just kidding :)
a small icon cultural institution..like modern arts (Tate gallery or Guggennheim museum), modern library etc
or huge landscape green bamboo gardens with water, rocks and no flowers.
Good feng shui :)
and an underpass shopping mall link to KL pavillion.
I think the underpass shopin complex will be a good idea.Similar to Singapore's city link
baqthier September 8th, 2005, 07:16 PM I prefer a building similar to Jean Nouvel's extension of Reina Sofia in Madrid :D
http://www.elcultural.es/HTML/20040624/Artes/img/9851_1.jpg
http://www.artnet.com/Magazine/reviews/wrobinson/Images/robinson4-18-12.jpg
szehoong September 9th, 2005, 06:34 AM For such a smallish footprint......I would suggest something at least 30 storeys tall! ;)
baqthier April 16th, 2006, 09:11 PM http://biz.thestar.com.my/news/story.asp?file=/2005/8/19/business/11815228&sec=business
Friday August 19, 2005
KLCCP to develop last strategic area
BY SUSAN TAM
Datuk Ishak Imam Abas
KLCC Property Holdings Bhd (KLCCP) intends to develop a maximum 1.3 million sq feet of its last strategic area – Lot D – after studying ways to optimise land use.
Without revealing Lot D’s gross development value (GDV), chief executive officer Datuk Ishak Imam Abas said the area was strategic as it was located in front of KLCCP’s five-star Mandarin Oriental hotel.
Its GDV is dependent on the quality and functionalities of the buildings to be built on it, he told reporters after the company AGM in Kuala Lumpur yesterday.
Ishak said the Lot C development was on track with construction scheduled to start in February and completion of the first phase expected to be 18 months later. This expansion, estimated at about RM500mil, consists of three phases.
The first, known as the Podium, is a six-storey expansion of the existing shopping mall, Suria KLCC. The second is a 21-storey office block while the final phase consists of 26-storey service apartments.
The potential revenue from this expansion comes up to a maximum of RM1.3mil in rental from the mall and RM4mil from the office building, depending on the tenancy arrangements. These figures are derived from possible rental rates ranging from RM6 to RM10 per square foot.
Oakwood International Ltd has been selected to operate the service apartments.
Financing for this expansion will either be based on a 60:40 or 70:30 ratio, with the larger percentage of funding to be made up of debt and the remaining, equity or internally-generate funds.
pedang April 17th, 2006, 02:24 PM ^^
Ishak said the Lot C development was on track with construction scheduled to start in February and completion of the first phase expected to be 18 months later. This expansion, estimated at about RM500mil, consists of three phases.
:weirdo: can't see any progress at the site.
haze November 15th, 2006, 03:55 PM so now Lot C constc has began, i believe something tall n iconic must be come up in Lot D.
travellator December 6th, 2006, 04:31 PM at this time the area is closed off but it seems that it is being used as project site office for the suria expansion...I am referring to the plot infront of Mandarin, also another small area beside the hotel valet carpark is closed off as another site office
pedang July 19th, 2007, 10:04 AM 19-07-2007: KLCC Property to focus on existing locations
by Harpreet Bhal
Email us your feedback at fd@bizedge.com
KLCC Property Holdings Bhd will concentrate on extracting value from its existing properties in the Kuala Lumpur City Centre (KLCC) vicinity, as well as on developing new parcels of land around the area in a bid to sustain growth for the company.
The property developer intends to capitalise on the high demand for office space in Kuala Lumpur by increasing rentals. The company boasts a portfolio of premium developments, including the Petronas Twin Towers, Menara Maxis, Menara ExxonMobil, Dayabumi, Suria KLCC and Mandarin Oriental Hotel.
"The buoyant economic growth is also supporting demand for office space. Going ahead we see rates firming up if the economy continues to be buoyant," the company's chief executive officer Datuk Nasarudin Md Idris told reporters after the AGM here yesterday.
The Petronas Twin Towers, a prime address and national landmark, commands some of the highest rental rates in the city. The two towers are on a triple-net lease to Petronas and rentals are reviewed every three years. The last increase took place last year.
"We have room to also improve on our hotel business by increasing occupancy as well as average room rates," said Nasarudin, adding that room rates at the Mandarin Oriental averaged RM512.70 last year, with an occupancy rate of 79 %.
He said the company had no plans to sell any of its prime location properties or expand into other areas outside the KLCC vicinity, as there was still much to be done to develop the current site.
The company is currently developing a parcel of land known as Lot C into a 59-storey office block to complement the adjacent Petronas Twin Towers.
Nasarudin said structural work was currently being carried out on-site but declined to disclose the value or cost of the project. However, he said the company was approaching Petronas to be the anchor tenant. The project is expected to be completed by 2010.
"Besides that, we also have another parcel of land called Lot D. That's something we need to think about in terms of what kind of development we want to have there," he added. The company is also considering acquisitions but there are no immediate plans.
For the financial year ended March 31, 2007, KLCC Property Holdings posted a net profit of RM2 billion against RM117.34 million previously, due to the fair value adjustment of investment property following the adoption of Financial Reporting Standards (FRS) 140. Revenue for the period grew to RM780.75 million compared to RM748.25 million posted in 2006.
Greg July 19th, 2007, 10:10 AM Maybe first finish Lot C and Binjai before they should muse on Lot D:bash:
baqthier July 19th, 2007, 11:25 AM Yalah. Binjai shouldve been completed and I couldve woke up with my klcc by now! :D
pedang July 19th, 2007, 11:45 AM i want this tower on lot D :D
http://www.veritas.com.my/port_varc_office/comm_lotC1big.gif
http://www.veritas.com.my/port_varc_office/comm_lotC2big.gif
TWK90 July 19th, 2007, 12:12 PM Em, as this is the last strategic area, they should do something unique, say, a skyscraper and clad it with LED screen, to make it stand out among KLCC buildings....
myf282828 July 19th, 2007, 06:40 PM Em, as this is the last strategic area, they should do something unique, say, a skyscraper and clad it with LED screen, to make it stand out among KLCC buildings....
Agree with you. And make it 900 meter tall:lol: .
White_soX July 19th, 2007, 06:51 PM lol lets copy NYC times square!!
OshHisham July 20th, 2007, 03:43 AM KLCC is not like bukit bintang....LED billboards doesn't suit PTT.
SEED July 20th, 2007, 03:07 PM it can.. but not too extreme like time square in new york.. location like infront of suria will be great.. not too many lah.. just a few will do! i think..
White_soX July 20th, 2007, 06:10 PM any plan to remove some old building at BB and replace with tallers, to put up LED screen? Yeah, facing the Suria will be great, ppl hang out there, good for ad.
baqthier July 20th, 2007, 08:31 PM I think putting up some eye pleasers at KLCC park would be a great idea!
Example :happy:
http://dp.smugmug.com/photos/11623774-M.jpg
http://www.otherwiseadventure.com/blogs/media/2006_08_24%20Fountin%20at%20Millenium%20Park,%20Chicago.JPG
Skyprince July 20th, 2007, 10:03 PM ^^ Where's that ? Copenhagen ?
Sheik July 21st, 2007, 01:31 AM ^^ Where's that ? Copenhagen ?
Chicago millenium park
KING BOB July 21st, 2007, 05:58 AM That would be interesting to see some eye catching views. :)
World 2 World July 21st, 2007, 09:51 AM I think putting up some eye pleasers at KLCC park would be a great idea!
Example :happy:
http://dp.smugmug.com/photos/11623774-M.jpg
http://www.otherwiseadventure.com/blogs/media/2006_08_24%20Fountin%20at%20Millenium%20Park,%20Chicago.JPG
Yes..yes..I agree with you 100%
They should put some contemporary arts at the KLCC Park and the rest of KL
centre.
SEED July 21st, 2007, 10:03 AM ^^ yup! get the people into a art mode! good place to showcase arts round the world! and to understand more bout other cultures through arts in our already diverse society! :cool:
forrestcat July 21st, 2007, 02:01 PM I agree, KLCC area should have more public buildings like library, art gallery and perhaps some small museum. Tourists actually go to these places...and very educational for Malaysians especially the throngs of small cute school and kindergarten kids visiting KLCC:) . The Petrosains,for example, is frequented by tourists too and from reading some travelblog of tourists who did so, they enjoy it very much.
SEED July 21st, 2007, 04:12 PM ^^ men.. u guys hav very good ideas! if only those ideas can become reality! wow! klcc could become one of asia major cultural and art center! :cool:
alsen July 21st, 2007, 04:26 PM me...it sure would be nice if we have a art musuem there like Louvre Pyramid in paris.:)
http://www.longpassages.org/images/France%20Paris%20Louvre%20pyramid%20outside.jpg
SEED July 21st, 2007, 05:03 PM ^^ hah! if klcc were to hav a art museum like this.. i'll prefer a dome design or somethin fresh, modern and hip! :cool:
alsen July 21st, 2007, 05:29 PM dome? got too many dome already la.
KING BOB July 22nd, 2007, 05:17 AM How bout some statues??? or is there too many statues already ?? But then again, statues are too boring in my opinion.
SEED July 22nd, 2007, 10:14 AM ^^ err.. statue of wat.. we dont hav any heroes or sports heroes.. yeh i got one! the malaysian soccer team! :lol:
OshHisham July 23rd, 2007, 02:35 AM I agree, KLCC area should have more public buildings like library, art gallery and perhaps some small museum. Tourists actually go to these places...and very educational for Malaysians especially the throngs of small cute school and kindergarten kids visiting KLCC:) . The Petrosains,for example, is frequented by tourists too and from reading some travelblog of tourists who did so, they enjoy it very much.
KLCC does have art gallery(Galeri Petronas) at 4th floor...and Kinokuniya is considered 'library' already:D (free reading, what?)
OshHisham July 23rd, 2007, 02:37 AM How bout some statues??? or is there too many statues already ?? But then again, statues are too boring in my opinion.
statue? not likely as malaysia is a muslim majority country. so, statue is 'prohibited'
that's why malaysia only has 'tugu negara' as the only one statue....
forrestcat July 23rd, 2007, 03:02 AM KLCC does have art gallery(Galeri Petronas) at 4th floor...and Kinokuniya is considered 'library' already:D (free reading, what?)
Haha..only Malaysians go for free reading...mat salleh ni conscious..download anime/movie pun tak nak....lagila baca buku free kat bookshop.I still think that a library should be there, coz the place is very strategi...they can transfer books from the National Library 'yang tak laku'.Sometimes I think that some floors of the PT should be converted into libraries..haha..godd what.
Anyway, good there's actually an art gallery,I didn't know that :bash: .
About the museum thingy, the museums in Malaysia could temporarily place their exhibit or import exhibit from overseas to be dispalyed at the KLCC convention centre :) ..this would be more feasible and interesting...at least can see different things from time to time. This has been done in Adelaide, where the art gallery 'yang tak laku' temporarily house some Egyptian artifacts...and people flocked to it.
OshHisham July 23rd, 2007, 08:51 AM i suggest KL to have contemporary art musem(open for international design competition)...but KLCC is pretty packed already...
cooltemper July 23rd, 2007, 11:51 AM So easy ah? You thought suggest to your own mother ah?
World 2 World July 26th, 2007, 09:32 AM http://farm2.static.flickr.com/1408/885525889_543a043f98_b.jpg
Or place contemporary arts like this^^ (example) in parks, walkways, squares etc around KL:banana:
imagine if arts like this around KLCC parks and around KL...:banana:
ps: Thx for the pic Nazrey:)
WhiteChicken December 13th, 2007, 05:56 AM any news or updates regarding Lot D?
James Foong December 14th, 2007, 03:48 PM Wait until the lot c finish first.
WhiteChicken January 4th, 2008, 06:23 AM Lot D is at the moment a storage location for Lot C..
But the new DBKL building would this be build on Lot D soon or do we have to wait until Lot C finishes?
Lot D has the perfect shape for this DBKL tower and it would look very nice not blocking any major tower behind it.
tinasj January 8th, 2008, 08:40 AM Hi, does anyone have any latest news about when Tiffani by I-Zen will be completed, any new photos of the project, cheers T
haze February 5th, 2008, 10:06 AM Long-term growth from Lot C and Lot D1
KLCCP’s development plans for Lot C with a net lettable area of 0.16 million sq ft of retail space and 0.74 million sq ft of office space, will raise its total net lettable area by 16%. The new retail space will first come on-stream by end-2008, followed by the offices by end-2009. Full impact on earnings from Lot C hence is expected by FYE Mar-10E estimated at M$24 million per annum (13% of FY07E profits).
Management indicates that there is a firm interest for 80% of the new office space from a single customer at premium rental rates of 50% to the market. KLCCP may look to sell the remaining 20% of the office space, and if this materializes it will raise an estimated M$144 million (M$0.11/share), which will help reduce FY09E net gearing from 56% to 51%. Total development cost for Lot C is M$500 million. Beyond FY10, growth will come from Lot D1, where there are still no details on development plans. However, in our RNAV, we have assumed the development potential and cost for Lot D1 is similar to Lot C, although the former sits on a larger piece of land at 1.41 acres versus the latter’s 1.01 acres.
Greg April 29th, 2008, 03:23 PM http://img291.imageshack.us/img291/6237/180435v7klqmhorodajcllqng0.jpg
James Foong April 29th, 2008, 03:33 PM Nice find, mate. Anythg todo with harrods london?
Sheik April 29th, 2008, 03:43 PM Harrods lot C? Is it C or D? I don't think harrods will open in KL. If Debenhams cannot survive, how can Harrods. In the meantime, Lot C remains a big hole. Almost 1 year of korek korek, still no progress at all. Crazy!
ZaHiRnYa??? April 29th, 2008, 03:44 PM dont like both rendering. so ugly.
patchay April 29th, 2008, 03:51 PM wat?
Harrods will be unbelievable. and why Lot C...
Greg April 29th, 2008, 03:54 PM The pic says Lot C, but location of this rendering is more like Lot D to me. :ohno:
James Foong April 29th, 2008, 04:02 PM I think its D or E if any.
Greg April 29th, 2008, 04:08 PM I think this is older. Marc is not even u/c in the pic. Probably located where One KL is now.
OshHisham April 30th, 2008, 09:59 AM I think this is older. Marc is not even u/c in the pic. Probably located where One KL is now.
it's correct, it is in Lot D, not the the ONE KL site...
Harrods already has their store in KLIA, and i believe Al-Fayed has a big interest in Malaysia...
btw, a classic architecture suits Harrods granduer image...:okay:
nazrey September 29th, 2008, 05:20 PM http://img291.imageshack.us/img291/6237/180435v7klqmhorodajcllqng0.jpg
Did you think that this propose tower located beside One KL!
Greg September 30th, 2008, 09:53 AM Did you think that this propose tower located beside One KL!
Eh? how you mean Nazrey?
nazrey September 30th, 2008, 10:05 AM This is what I mean!!
From latest pic..
http://img01.picoodle.com/img/img01/3/9/29/f_02m_41279c0.jpg
patchay September 30th, 2008, 02:10 PM but i think that plot is tooo small
nazrey September 30th, 2008, 02:36 PM http://img291.imageshack.us/img291/6237/180435v7klqmhorodajcllqng0.jpg
But Look at the base of towers again!! Dun know.. just guess!
How can as One KL can be that means how can this proposed tower can be there also tot!
This is what I mean!!
From latest pic..
http://img01.picoodle.com/img/img01/3/9/29/f_02m_41279c0.jpg
James Foong September 30th, 2008, 05:23 PM Nazrey, its at lot D. Your circled mark is on the right onekl..those shaded trees in a very small plot of land.
http://i28.photobucket.com/albums/c236/tyfong55/P1040381.jpg
nazrey September 30th, 2008, 05:27 PM Just hope it would be happen in any lot :lol:
Of coz KLCC still got many lots!
James Foong September 30th, 2008, 05:31 PM Let hope it ll never get build because its super ugly.
nazrey September 30th, 2008, 05:35 PM It's too short also tot...
SEED October 1st, 2008, 02:47 PM never mind it short but the looks is the most important thing->>
nazrey October 1st, 2008, 03:52 PM Is it really ugly for you...at least it will fit it up klcc SKY-line!
what about the 1st rendering if it 'll get build!
SEED October 1st, 2008, 03:57 PM ^^ average... but yeh.. it is bit ugly or you can call it "binja-ish" :lol:
it will benefit the skyline but were hoping for something better..
nazrey October 1st, 2008, 04:07 PM the 2nd rendering just like Harrod of KL at sometime..
SEED October 3rd, 2008, 02:43 PM ^^ i really hope thats not the only 2 renders the developer hav in mind.. hope they go for a better design->>
erwinkarim October 4th, 2008, 04:15 AM Nazrey, its at lot D. Your circled mark is on the right onekl..those shaded trees in a very small plot of land.
the circled mark is a DBKL tree reserve area. not going to have any development anytime soon unless they re-gazette the place, which i think will face opposition from rich apartment owners from onekl.
James Foong October 4th, 2008, 05:17 PM Kinda agree with u. I dont think developers r aiming at that small plot for the moment. But the next cycle, another 10 yrs perhaps may not going to see this land survive as it now.
rizalhakim April 2nd, 2010, 09:57 AM so dey proposed a srv aptmt at Lot D huh??
Lot D1 plans not concrete yet. Initially, the site was earmarked for service residences. However, KLCCP stated plans still fluid and is dependent on
market demand. We think firmer plans likely made known closer to completion of Lot C as more cash-flow will be available for Lot D1 developments.
Tunnel link between Lot C and Lot D1 on the way. The tenders have been recently awarded (main contractors are Daewoo) with estimated March 2011 completion. Contract size is >RM30m.
http://www.theedgeproperty.com/news-a-views/2428-company-update-klcc-property-holdings-2-april-2010.html
James Foong April 2nd, 2010, 04:39 PM the tunnel link:
http://i658.photobucket.com/albums/uu302/f338/DSCN2581-1.jpg
nazrey April 28th, 2010, 06:31 AM From flickr
http://farm5.static.flickr.com/4052/4540721030_c921a9fe4a_b.jpg
XNeo April 28th, 2010, 08:57 AM that is prime land.
slim and tall building (5+ storey) is just ok.
willeo April 28th, 2010, 03:00 PM Not to mention how poor traffic flow is already in the area - Jalan Pinang is simply not built to handle the density there, which is another example of bad urban planning.
rizalhakim April 29th, 2010, 05:20 AM Not to mention how poor traffic flow is already in the area - Jalan Pinang is simply not built to handle the density there, which is another example of bad urban planning.
yeah...a 5minutes drive boleh jadi 1jam from 6pm onwards.....so better take LRT la like myself haha...
LeeighIam April 29th, 2010, 04:07 PM prime land, sweet location but the building is fugly..very 80's..
PlanetNova April 29th, 2010, 04:34 PM real ugly piece of sh*t
willeo April 29th, 2010, 05:11 PM prime land, sweet location but the building is fugly..very 80's..
Looks like it was inspired by art deco to me!
James Foong June 4th, 2010, 09:58 PM Truckies making a long line for the tunnel roofslab pour:
http://i658.photobucket.com/albums/uu302/f338/B2-1.jpg
http://i658.photobucket.com/albums/uu302/f338/B1-1.jpg
nazrey October 7th, 2010, 02:33 PM !!!!!! llaaaaa
http://farm5.static.flickr.com/4109/5058484830_34a1bf0e16_b.jpg
http://www.flickr.com/photos/ekat/5058484830/
dengilo October 7th, 2010, 05:05 PM They building a tunnel lah guys.
James Foong April 13th, 2011, 05:38 PM the tunnel link is completed with a new fountain.
http://i658.photobucket.com/albums/uu302/f338/df4c9d2b.jpg
D_Y2k.2^ April 13th, 2011, 05:48 PM thx for the update James. And wau didnt know there's so much difference in that area in such short of a period.
PlanetNova April 13th, 2011, 05:51 PM James, do you like the new fountain? I find it too "fabricated" and doesnt tell a story.
constipation April 14th, 2011, 10:16 AM the fountain not very beautiful fr my oppinion, anyhow what r they constructed beside the fountain?
Winehouse April 14th, 2011, 11:42 AM water fountain is just temporary i think they are going to build residence & hotels office mix next year if i'm not mistaken , the water fountain is actually very easy to dismantle .
guy4versa4 April 15th, 2011, 04:05 PM today updates
http://i1230.photobucket.com/albums/ee482/aismanggo1/IMG_0803.jpg
http://i1230.photobucket.com/albums/ee482/aismanggo1/IMG_0807.jpg
James Foong April 15th, 2011, 04:39 PM James, do you like the new fountain? I find it too "fabricated" and doesnt tell a story.
i don't like it at all. the choreograph is so limited with just a vertical shooting.
James Foong April 15th, 2011, 04:42 PM water fountain is just temporary i think they are going to build residence & hotels office mix next year if i'm not mistaken , the water fountain is actually very easy to dismantle .
No. the fountain n the tunnel link are permanent.
D_Y2k.2^ April 15th, 2011, 06:27 PM Isn't that a waste of land space for such prime area??
guy4versa4 April 15th, 2011, 06:56 PM Isn't that a waste of land space for such prime area??
xlah..ok jer...shanghai area pudong yg sesak pon ade space untuk dataran,new york pon ada times square tgk pencakar lagi,itu yg kl kurang,square dan ruang pejalan kaki yg sempit...tp fountain tu mmg xcantik..mcm old style..
Cerulean April 15th, 2011, 07:40 PM Kinda a relieve to me that they are not going to construct any building there. I think the land is too small for any decent skyscraper.
azey April 16th, 2011, 09:39 AM the fountain is nt pretty but i like the idea of adapting water elements in the city...chic!!!
nazrey July 20th, 2011, 08:10 PM Another KLCC Prop mixed project in the works
By Presenna Nambiar Published: 2011/07/21
http://www.btimes.com.my/Current_News/BTIMES/articles/pklcc-2/Article/index_html
Kuala Lumpur: With the completion of Lot C by the end of this year, KLCC Property Holdings Bhd will be looking at the development of Lot D1, another 0.6ha plot of land adjacent to Hotel Mandarin Oriental.
A development plan for the area is only expected to be finalised in about a year.
"As usual, this is a mixed development and the trend for us is to have a mixed component of retail and service apartment or retail and office, depending on the demand at that time," its chief executive officer Hashim Wahir said after KLCC Property's annual general meeting yesterday.
As part of its risk management measures, KLCC Property only begins building once tenancy and clients for a development have been firmed up.
KLCC Property expects to complete the development of the office tower in Lot C year-end.
Petroliam Nasional Bhd (Petronas), which will be the sole tenant of the office tower with a net lettable area of 840,000 square feet (sq ft), is likely to move in early 2012. The tower will be known as Petronas Tower 3.
The retail component of the development has already been handed over to Suria KLCC Sdn Bhd and some 22 tenants have already signed up.
Full occupancy of the 140,000sq ft net lettable area is likely by September this year.
The retail and office components of the development are set to contribute about RM100 million a year to the group once fully occupied.
KLCC Property is also undertaking a refurbishment exercise of Menara Dayabumi, a 26-year-old and 36-storey office building. Between RM30 million and RM40 million will be spent for the two-stage refurbishment work which is expected to be completed by the end of the year.
Another plan in the works is the redevelopment of City Point, a six-storey office-cum-retail-podium annexed to Menara Dayabumi.
"We hope to redevelop it to have additional office space and make the retail space more exciting," Hashim said.
patchay July 23rd, 2011, 11:41 AM Lot D1 land area is pretty small, dont think it will be a supertall..
erwinkarim July 23rd, 2011, 03:39 PM Lot D1 land area is pretty small, dont think it will be a supertall..
lot C land area size is 1 acres. lot d land size (from parking lot next to MO until infront of one kl) is 1.5 acres.
building a 60-80 story towers is very much possible.
James Foong July 24th, 2011, 06:10 AM true. in dubai, a smaller plot land of 0.8 acres can fit a 120-storey residential tower (pentominium).
Winehouse July 24th, 2011, 01:04 PM yes you'll be surprised how many floors or spaces you can add for tiny little land , when there's a will(money) there's a way for it .In HK some of the building is truly spectacular on very tiny plot of land.
guy4versa4 July 24th, 2011, 05:43 PM they can make ultra luxury condo,1floor,one home.
http://i763.photobucket.com/albums/xx276/afiqnadzir/22post2-500.jpg
aismanggo July 24th, 2011, 06:29 PM ^^amazing!nice beautiful modern building!what are these tower?where is it located?
patchay September 17th, 2011, 11:35 AM should be able to start in 2012
davidwsk November 15th, 2011, 12:22 PM Lot D1, KLCC runner-up design..who has the winner design??
https://lh3.googleusercontent.com/-szYubNQmbOc/TW2w6PdNvPI/AAAAAAAAASU/Q_4TNAcF2-I/s640/KLCC_render_birdseye.png
https://lh3.googleusercontent.com/-BW2mq2GIeaA/TW3OmsBnyTI/AAAAAAAAASY/XK7O9pwjeCM/s640/KLCC_render_pers1.jpg
https://lh3.googleusercontent.com/-BmWhP61blaY/TW3O0QHY9FI/AAAAAAAAASc/PBUtZk2qUh0/s640/KLCC_panorama2+copy.jpg
guy4versa4 November 15th, 2011, 12:28 PM is that real?
khosim November 15th, 2011, 12:36 PM damn ugly
D_Y2k.2^ November 15th, 2011, 12:51 PM Pretty happy with the height:) But the design is just so so. Luckily it is the runner up
guy4versa4 November 15th, 2011, 12:51 PM damn ugly
it not ugly,is just not nice:)look fat...but i like the design
Ethaniel83 November 15th, 2011, 01:14 PM i like the design too, much better than some other highrises development at KL Sentral
pedang November 15th, 2011, 02:04 PM yuk.. don't like it.
another design pls!
patchay November 15th, 2011, 02:10 PM looks like got 50 storeys+....
davidwsk November 15th, 2011, 02:32 PM Project : KLCC
Size : 61 Floor Above Ground
Usage : Office , Bar, Restaurent, Sky Cafeterias, Gallery, Auditorium)
Height Limit : 290M
Parking Lot : 420 cars
Lot D1, KLCC runner-up design..who has the winner design??
https://lh3.googleusercontent.com/-szYubNQmbOc/TW2w6PdNvPI/AAAAAAAAASU/Q_4TNAcF2-I/s640/KLCC_render_birdseye.png
https://lh3.googleusercontent.com/-BW2mq2GIeaA/TW3OmsBnyTI/AAAAAAAAASY/XK7O9pwjeCM/s640/KLCC_render_pers1.jpg
https://lh3.googleusercontent.com/-BmWhP61blaY/TW3O0QHY9FI/AAAAAAAAASc/PBUtZk2qUh0/s640/KLCC_panorama2+copy.jpg
patchay November 15th, 2011, 02:34 PM wowow taller than I B Tower :banana:
azey November 15th, 2011, 03:32 PM too simple
sepul November 15th, 2011, 03:54 PM wowow taller than I B Tower :banana:
ya.. sadly..:ohno:
sepul November 15th, 2011, 03:56 PM the runner up design will suit Marina Bay in Singapore.. architecturally similar lah..
Arkdriver November 16th, 2011, 02:21 AM apart from the height, nothing stands out
haikalcool2u November 16th, 2011, 11:03 AM Project : KLCC
Size : 61 Floor Above Ground
Usage : Office , Bar, Restaurent, Sky Cafeterias, Gallery, Auditorium)
Height Limit : 290M
Parking Lot : 420 cars
why they dint make it supertall?
THT-United November 17th, 2011, 04:19 AM Next to PTT, how to be too tall? Unless it hits the 350m mark, so as not to overshadow its glamorous neighbor!
And only the runner-up design is shown, what about the one that won the contest?
davidwsk November 24th, 2011, 04:49 AM This is the runner up for a competition. In the competition, winner is another project for another country.
So this might be the final design if KLCC prop decide to use it.
Next to PTT, how to be too tall? Unless it hits the 350m mark, so as not to overshadow its glamorous neighbor!
And only the runner-up design is shown, what about the one that won the contest?
razpatrol99 November 24th, 2011, 03:33 PM Lot D1, KLCC runner-up design..who has the winner design??
https://lh3.googleusercontent.com/-szYubNQmbOc/TW2w6PdNvPI/AAAAAAAAASU/Q_4TNAcF2-I/s640/KLCC_render_birdseye.png
This ones definately better than Grand Hyatt..!! :cheers:
davidwsk November 25th, 2011, 11:04 AM --
davidwsk January 1st, 2012, 07:37 AM http://farm8.staticflickr.com/7175/6610825545_ebc991f0d3_b.jpg
http://farm8.staticflickr.com/7014/6610825403_f72d01679b_b.jpg
guy4versa January 1st, 2012, 07:39 AM -i wonder what it the taller building infront troika.traders and.its look taller then ptt..
-
D_Y2k.2^ January 1st, 2012, 09:54 AM Looks like it is located at the site where people usually stops for photography
nazrey January 1st, 2012, 10:07 AM In these new towers...nothing that already confirm announced by any press yet except Lot K...
davidwsk January 1st, 2012, 10:43 AM In these new towers...nothing that already confirm announced by any press yet except Lot K...
Lot K also has 2 to 3 towers. :nuts:
davidwsk January 1st, 2012, 10:52 AM I think we are going to have a biggest shopping center in the whole wide world...
D_Y2k.2^ January 1st, 2012, 10:54 AM So the runner up is confirmed for Lot D?
jani13 January 1st, 2012, 11:06 AM I think we are going to have a biggest shopping center in the whole wide world...
Why you say that? They are going to have retail podium connected all around the park is it?
davidwsk January 1st, 2012, 11:29 AM Why you say that? They are going to have retail podium connected all around the park is it?
It's the Suria KLCC expansion.
patchay January 1st, 2012, 12:58 PM It's the Suria KLCC expansion.
You mean the Lot K expansion?
If so, I still think each of Mid Valley Megamall and Sunway Pyramid (after Expansion 3) is bigger.
I would love to see a mall in Lot D joined up with Lot C/Ramlee Expansion (just opened) + Suria KLCC + Lot K Expansion.
davidwsk January 1st, 2012, 01:13 PM You mean the Lot K expansion?
If so, I still think each of Mid Valley Megamall and Sunway Pyramid (after Expansion 3) is bigger.
I would love to see a mall in Lot D joined up with Lot C/Ramlee Expansion (just opened) + Suria KLCC + Lot K Expansion.
Originally Posted by nazrey
KLCCP, Qatari JV to build 2 towers next to Petronas Twin Towers
Written by Sheikh Al-Zaquan of theedgemalaysia.com
Tuesday, 22 November 2011 11:29
http://www.theedgemalaysia.com/busin...in-towers.html
KUALA LUMPUR (Nov 22): KLCC PROPERTY HOLDINGS BHD [] and Qatari Investment Authority will undertake to build two towers to be built next to the Petronas Twin Towers.
"The two blocks -- an office tower and a hotel -- will sit on a four-storey podium retail block which will be integrated with the present four-storey retail mall," said Suria KLCC Sdn Bhd at the company's Media Day on Tuesday.
It said the development will be completed by 2015 and is expected to attract more local and international visitors to the mall.
It's integrated right..^^
davidwsk January 1st, 2012, 01:18 PM I was thinking different mall. But they are all under KLCCP. So i believe it will be integrated like the LOT C's mall.
Rizpunk January 1st, 2012, 02:05 PM I was thinking different mall. But they are all under KLCCP. So i believe it will be integrated like the LOT C's mall.
Although the new Lot K is designed to be integrated to Suria KLCC, I really hope this Qatari/KLCC venture will be a standalone mall with different name, different theme and different management. Just like the Four Seasons Place (if it gets build at all)...
James Foong January 1st, 2012, 02:23 PM It wont be an expansion but ll be connected.
they had secretly completed a tunnel from lot C to D in front of the M.O hotel.
davidwsk January 2nd, 2012, 02:53 AM It wont be an expansion but ll be connected.
they had secretly completed a tunnel from lot C to D in front of the M.O hotel.
Curious on how they link it? From the Convention Center tunnel?
James Foong January 2nd, 2012, 03:37 PM Curious on how they link it? From the Convention Center tunnel?
the tunnel is multi-level, connected to Lot C concourse (besides RHB bank) and parking level.
yeehs18 January 2nd, 2012, 05:20 PM Can someone post a master plan or mapping that point out which plot is Lot D? I still don't get it. I googled it and look into another KLCC thread but all are too low resolution to actually close up identification of each lot...
icemango January 3rd, 2012, 08:40 AM http://farm8.staticflickr.com/7175/6610825545_ebc991f0d3_b.jpg
http://farm8.staticflickr.com/7014/6610825403_f72d01679b_b.jpg
noticed there will be one more building beside grand hyatt and one more is attach to kl convec behinh hyatt..wonder what development is that..
rizalhakim January 4th, 2012, 03:23 AM wow!!!...
patchay January 4th, 2012, 04:58 AM Let's discuss.
http://img692.imageshack.us/img692/1527/klcc.jpg
jani13 January 4th, 2012, 09:45 AM Where is this picture from actually?
razpatrol99 January 4th, 2012, 03:44 PM Binjai will be block by no.7?? i thought they said the owner will get exclusive view of PTT with no development in front of it. If it proceed, sure those buying the lower unit will piss off!! :bash:
azey January 4th, 2012, 09:45 PM i think by tht time,kl will be much more xclusive view better thn ptt....dnt u think??
davidwsk January 5th, 2012, 09:50 AM Forget to quote.
From US based architecture firm. RNL.
http://www.rnldesign.com/
http://farm8.staticflickr.com/7175/6610825545_ebc991f0d3_b.jpg
http://farm8.staticflickr.com/7014/6610825403_f72d01679b_b.jpg
Where is this picture from actually?
davidwsk January 5th, 2012, 09:55 AM Let's discuss.
http://img692.imageshack.us/img692/1527/klcc.jpg
1/2 : Lot D/D1
3:
4:
5/6: Lot 185/ Lot 167 (Lot K)
7:
8: Binjai 2/ Tree of Life
9:
10:
rizalhakim January 5th, 2012, 10:03 AM 10 - IB tower??
sepul January 5th, 2012, 10:22 AM ^^ nope.. don't think so.. those blue towers sit on lands owned by KLCCP right??
Brannix January 15th, 2012, 10:40 AM http://img692.imageshack.us/img692/1527/klcc.jpg
1/2 : Lot D/D1
3:
4:
5/6: Lot 185/ Lot 167 (Lot K)
7:
8: Binjai 2/ Tree of Life
9:
10:
1 : Lot D1
2 : Lot D
3/4 : Lot G, G1, F, E, E1
5/6 : Lot K
8 : Lot J, J1, P2
7 : N
9/10 : Lot L, L1, M
Old plan though
10 - IB tower??
IB not there
davidwsk January 15th, 2012, 10:43 AM Thanks...Brannix... i think u know all..
haha
Then which lot is launching soon? Other than Lot K and Lot D/D1?
patchay January 15th, 2012, 10:53 AM Thanks...Brannix... i think u know all..
haha
Then which lot is launching soon? Other than Lot K and Lot D/D1?
should be Tree of Life... No.8 or Lot J...
patchay January 15th, 2012, 11:34 AM Brannix... Last year KLCC Holdings went into Joint Venture with Sapura Resources right?
That piece of land I believe is no.1 - Lot D??
Brannix January 15th, 2012, 11:41 AM should be Tree of Life... No.8 or Lot J...
ohh ya.. forgotten bout this.. lot k might be able to over take them on start date depending on the "highly efficient" team.. but surely.. by the time ppl move into Tree of Life, they can still see lot k under construction.
Brannix January 15th, 2012, 11:45 AM Brannix... Last year KLCC Holdings went into Joint Venture with Sapura Resources right?
That piece of land I believe is no.1 - Lot D??
oh ya.. that was for i think 1/2 or 3/4.. forgotten..
one of the 3/4 belongs to ananda though
davidwsk January 15th, 2012, 11:47 AM According to the picture shown (by Brannix), Lot D is the Mandarin Oriental.
Lot D1 is the upcoming one. :)
patchay January 15th, 2012, 11:50 AM Really can't find the thread for this...
here's a news article in 2011 >>> http://www.theedgeproperty.com/news-a-views/7833-sapura-resources-in-klcc-development.html
I think it was formerly the DBKL hq land? It will compliment Lot D1?
Brannix January 15th, 2012, 12:21 PM 7.6k sqm land?
hrmm.. need to realign my memory
davidwsk January 15th, 2012, 12:29 PM Guys i have created invidual threads for different parcels...Since this thread is for Lot D1. :)
davidwsk March 19th, 2012, 08:00 AM Just a quick update not sure if this is the right thread. Last friday the last tree was pulled down and the site next to the new Hyatt has all been prepared.
Re the fountain in front of the MO, what a crock of Shitte, I mean what wrong with a simple fountain, why have a tacky karoke bar disco effect. Its already broken, a number of the jets and led lamps are busted, no doubt a cheap China made system was installed so there was cash left for those brown paper envelopes.
http://i202.photobucket.com/albums/aa137/captchunder/L1050102.jpg
http://i202.photobucket.com/albums/aa137/captchunder/L1050101.jpg
------
bananapotato March 19th, 2012, 09:33 AM http://i1098.photobucket.com/albums/g371/Afiq_Nadzir/Untitled-1-3.jpg
sepul March 19th, 2012, 04:23 PM not a news until this day but starting earlier than Lot K and Lot 91!! how I wish every project in KL is fast like this one..
patchay March 19th, 2012, 05:58 PM http://i1098.photobucket.com/albums/g371/Afiq_Nadzir/Untitled-1-3.jpg
Actually the building with "h" arch is also part of this plot.
bananapotato March 19th, 2012, 06:11 PM like this?
http://img594.imageshack.us/img594/9329/27822776.jpg
patchay March 19th, 2012, 06:34 PM Wowww hahaha...
like this?
http://img594.imageshack.us/img594/9329/27822776.jpg
This was the 2nd runnersup posted last time for this site.
http://1.bp.blogspot.com/-u3bZS8WOr4U/TsUjDq0-5oI/AAAAAAAAGiY/lePBw01N4Cs/s400/LotD1_1.jpg
davidwsk March 20th, 2012, 04:14 AM like this?
http://img594.imageshack.us/img594/9329/27822776.jpg
haha
where u get it?
u design ur own tower?
davidwsk March 20th, 2012, 04:15 AM i think the 2nd runner up (2010 competition) will be the one.
Since i read they have already finalized the project in 2009/2010.
But KLCCP only can start the project after the Lot C completion. Now Lot C have already completed, they will commence with Lot D1 and Lot K/167.
UjaiDidida March 20th, 2012, 04:19 AM haha
where u get it?
u design ur own tower?
he made it
based on the plan ;)
davidwsk March 20th, 2012, 04:46 AM repost...since they have take down their render..
http://1.bp.blogspot.com/-7hVVHj5_9qg/TsUjN2-cN4I/AAAAAAAAGig/GqiDvdkYUPQ/s400/LotD1_2.jpg
patchay.com
nazrey March 20th, 2012, 12:08 PM http://i202.photobucket.com/albums/aa137/captchunder/L1050102.jpg
projek ni mungkin by atsa architects (50 STOREY OFFICE) kot..
http://www.atsa.com.my/folio_images/06-07/50_storey/50_storey_06a.jpg
http://www.atsa.com.my/
UjaiDidida March 20th, 2012, 05:46 PM ^^ wow..punya la tinggi crown dia..
capt chunder March 22nd, 2012, 12:24 PM Having a look at the site now it looks like they are setting it up as an open air carpark?
rgen March 22nd, 2012, 02:59 PM I used to park there....my cubicle facing the site
dengilo March 23rd, 2012, 05:37 AM Having a look at the site now it looks like they are setting it up as an open air carpark?
Thats exactly what they doing!I suspect hyatt realize they dont have enough parking space for their grand opening and big functions:lol:
davidwsk March 23rd, 2012, 08:49 AM Car park? oh no ....really waste of the prime land..
dengilo March 23rd, 2012, 10:17 AM Car park? oh no ....really waste of the prime land..
I think its a short term deal!
patchay April 6th, 2012, 08:52 PM Any news on this?
davidwsk April 7th, 2012, 04:26 AM --delete--
davidwsk April 7th, 2012, 04:29 AM I think its a short term deal!
No they will build tower la...no one will build car park there....lol:lol:
davidwsk April 7th, 2012, 04:29 AM The have 2 plots there...D and D1
They will build building on LOT D first. Then their profit on Lot D and Dayabumi Complex will channel to complete D1.
Just a quick update not sure if this is the right thread. Last friday the last tree was pulled down and the site next to the new Hyatt has all been prepared.
Re the fountain in front of the MO, what a crock of Shitte, I mean what wrong with a simple fountain, why have a tacky karoke bar disco effect. Its already broken, a number of the jets and led lamps are busted, no doubt a cheap China made system was installed so there was cash left for those brown paper envelopes.
http://i202.photobucket.com/albums/aa137/captchunder/L1050102.jpg
http://i202.photobucket.com/albums/aa137/captchunder/L1050101.jpg
davidwsk April 7th, 2012, 04:30 AM Any news on this?
KLCCP Plan ..
2012
- Lot D and Lot 167 (K)
- Phase 2 of Dayabumi redevelopment
2013
-Lot D1
-Phase 3 of Dayabumi City Point
Bruno Mars April 7th, 2012, 04:35 AM like this?
http://img594.imageshack.us/img594/9329/27822776.jpg
Tetris n00b!
daijoubu April 7th, 2012, 08:50 AM Thats not a carpal. There's a hoarding outside saying 'temporary exhibition space' or something
archilover April 7th, 2012, 12:43 PM Temporary exhibition hall for kl convention center
davidwsk April 7th, 2012, 02:59 PM Temporary exhibition hall for kl convention center
Weird..why they dun want to use the existing convention center..so in another word that Lot 91 is coming up very soon ...:lol:
archilover April 7th, 2012, 07:56 PM Maybe they dont have enough space for pcfair..lolz
davidwsk April 8th, 2012, 07:35 AM http://farm8.staticflickr.com/7131/6909805090_43a900f419_b.jpg
klcc.com.my
------
jani13 April 8th, 2012, 10:46 AM Cannot see anything :(
archilover April 12th, 2012, 05:10 PM http://i493.photobucket.com/albums/rr295/aismanggo/20120407_154003.jpg
dengilo April 12th, 2012, 05:26 PM U sure that s lot D?
davidwsk April 12th, 2012, 05:28 PM Yea Lot D.....next to Mandarin Oriental Hotel...
dengilo April 12th, 2012, 05:31 PM I thought Lot D is the one next to the new hotel!
archilover April 12th, 2012, 05:32 PM yerp and this is d1
http://i493.photobucket.com/albums/rr295/aismanggo/20120407_153759.jpg
patchay April 12th, 2012, 05:36 PM thanks for the pics!
http://i493.photobucket.com/albums/rr295/aismanggo/20120407_153831.jpg
http://i493.photobucket.com/albums/rr295/aismanggo/20120407_153759.jpg
If they are moving outdoor, are they going to demolish part of KL Convention Centre???
davidwsk April 12th, 2012, 05:41 PM finger-crossed for the Sapura's Lot 91 to start....
msyukry08 April 15th, 2012, 06:57 PM http://farm8.staticflickr.com/7280/6934434664_9ecb9e50dd_b.jpg
msyukry08 April 15th, 2012, 06:59 PM http://farm8.staticflickr.com/7257/7080508361_84d15859ba_b.jpg
http://farm8.staticflickr.com/7057/6934434874_e01b8afae7_b.jpg
nazrey April 15th, 2012, 07:00 PM Temporary exhibition centre :lol:
davidwsk April 16th, 2012, 08:49 AM For PC fair...
archilover April 16th, 2012, 12:04 PM Mcm khemah kenduri..lol..
archilover April 16th, 2012, 12:05 PM It was built to accomodate archidex 2012
ryan18 April 18th, 2012, 04:29 PM http://www.thesundaily.my/news/353846?utm_medium=twitter&utm_source=twitterfeed
KLCC Property Holdings Bhd (KLCCP) will undertake a major development comprising office and retail space and hotel of some 3.5 million sq ft in the Kuala Lumpur City Centre (KLCC) precinct. Group CEO Hashim Wahir said the development, located between Suria KLCC and the Asy-Syakirin Mosque, will be launched soon.
davidwsk April 18th, 2012, 04:47 PM http://www.thesundaily.my/news/353846?utm_medium=twitter&utm_source=twitterfeed
KLCC Property Holdings Bhd (KLCCP) will undertake a major development comprising office and retail space and hotel of some 3.5 million sq ft in the Kuala Lumpur City Centre (KLCC) precinct. Group CEO Hashim Wahir said the development, located between Suria KLCC and the Asy-Syakirin Mosque, will be launched soon.
Great news...!!
But wrong thread...:)
This land would be the Lot 167/K
davidwsk May 24th, 2012, 10:50 AM --
Brannix September 5th, 2012, 09:42 PM note: not the latest but for reference
http://i.imgur.com/T4tvh.jpg
http://i.imgur.com/TM4M7.jpg
guy4versa September 5th, 2012, 09:49 PM i hope 1 day they will demoish mandarin oriental and merge the land with lot d1 for another skyscraper
patchay March 14th, 2013, 06:23 AM i hope 1 day they will demoish mandarin oriental and merge the land with lot d1 for another skyscraper
Lot D - Mandarin Oriental
Lot D1 - some landscape space
We can build another twin towers here... !!!
davidwsk April 9th, 2013, 06:56 AM 1 mio + retail + office space ...coming soon...
davidwsk April 9th, 2013, 06:58 AM KLCC Property Holdings aims to be No. 1 on REIT
It sees potential in redeveloping some of its assets
http://biz.thestar.com.my/archives/2013/4/9/business/KLCCP-Wahir-reit-b2.JPG
Growth plan: Hashim (left) and Manharlal speaking to reporters at the EGM. The group has a three-pronged approach for expansion. On the left is Chairman of KLCC Property Krishnan CK Menon.
PETALING JAYA: KLCC Property Holdings Bhd (KLCCP) is eyeing significant redevelopment opportunities for some of its assets as it transforms itself to become the country's largest real estate investment trust (REIT) - KLCCP Stapled Group.
“We have a three-pronged approach for growth and this includes the significant redevelopment potential arising from Kompleks Dayabumi, and that is why we have not injected it into the REIT yet.
“We also have a 1.5-acre vacant land named Lot D1, which is in front of Mandarin Oriental that has significant development opportunities,” KLCCP group chief executive officer Hashim Wahir told a press conference after the group's EGM yesterday.
Shareholders approved the formation of the country's first ever syariah-compliant stapled REIT which portfolio would include the Petronas Twin Towers, Menara ExxonMobil, and Menara 3 Petronas. The exercise is expected to be completed by early next month.
All these assets are wholly-owned by Petronas and have 100% occupancy rate. Menara 3 has a 100% occupancy rate for its office portion and a 93.9% for its retail portion.
The property assets are worth in excess of RM15bil which would make the KLCCP Stapled Group more than three times larger than the second largest REIT vehicle, Sunway REIT.
KLCCP will be the REIT manager and would retain Suria KLCC, Mandarin Oriental, Kompleks Dayabumi and Lot D1 in its portfolio.
“This structure would enable us to develop the potential under KLCCP, and once these assets mature, we can inject them into the REIT,” he said. He said KLCCP wanted multinationals to be the anchor tenant of Lot D1, and that the KLCCP Stapled Group was capable of developing projects similar to Menara 3 Petronas, which has a built-up space of approximately one million sq ft.
“Growth would also come from annual rental increments agreed with its tenants,” he said.
Director Datuk Manharlal Ratilal also said KLCCP was in a unique situation with the assets under the REIT on a 15-year triple net lease basis.
“These lease agreements allow for yearly increments, and there will be rental increments every three years. This provides us with a long-term stable income as the chief tenant is Petronas.
“The quantum of increment is about 3% per annum but this will be compounded as a rental revision every three years,” he said.
He said based on the company's price of RM7.09 on Friday, and assuming pro forma as things proceed as planned, the KLCCP Stapled Group would have a market capitalisation of about RM12bil upon listing.
On a year-to-date basis, KLCCP has appreciated 12% to RM7.05, and while on a six month basis it has increased by some 14.4%. It closed four sen lower with 1.08 million shares traded yesterday.
More: http://biz.thestar.com.my/news/story.asp?file=/2013/4/9/business/12944112&sec=business
davidwsk April 9th, 2013, 07:09 AM KLCC stapled REIT to be among Asia's largest
9-April-2013
http://www.btimes.com.my/articles/20130409012735/pix_bottom
The new stapled security structure is also committed to paying more than 90 per cent of its distributable income as dividends.
Hashim said more assets would be injected into the REIT such as Kompleks Dayabumi, which is currently being upgraded to include a new high-rise office tower, and a new building structure nearby Mandarin Oriental.
"We have 0.6ha (site) nearby the hotel. We are talking to multinational companies to be the anchor tenant. Once that is established, building construction would commence. It may be a replica of Menara 3 Petronas, which has a retail component," he said.:banana::banana:
More: http://www.btimes.com.my/Current_News/BTIMES/articles/20130409012735/Article/index_html#ixzz2PvKvTDJG
---
patchay April 9th, 2013, 07:14 AM You know the whole Lot D/D1 can be redeveloped with a mall podium connecting to Chanel/Cartier/Giorgio Amarni of Menara 3 Petronas.
Mandarin Oriental needs a new iconic skyscraper tower.
Lot D1, KLCC runner-up design..who has the winner design??
https://lh3.googleusercontent.com/-szYubNQmbOc/TW2w6PdNvPI/AAAAAAAAASU/Q_4TNAcF2-I/s640/KLCC_render_birdseye.png
https://lh3.googleusercontent.com/-BW2mq2GIeaA/TW3OmsBnyTI/AAAAAAAAASY/XK7O9pwjeCM/s640/KLCC_render_pers1.jpg
https://lh3.googleusercontent.com/-BmWhP61blaY/TW3O0QHY9FI/AAAAAAAAASc/PBUtZk2qUh0/s640/KLCC_panorama2+copy.jpg
davidwsk April 9th, 2013, 09:12 AM brannix, any height/ floors estimation on Lot D1 ?
dengilo April 9th, 2013, 09:28 AM Is that sapuras?
davidwsk April 9th, 2013, 09:29 AM Is that sapuras?
Nope...Sapura is Lot 91. :)
davidwsk May 10th, 2013, 09:53 AM Coming soon..
KLCCP seeks tenants for new projects
By Afiq Isa of theedgemalaysia.com
Friday, 10 May 2013 14:10 Bookmark and Share
KUALA LUMPUR: Kuala Lumpur City Centre Property Holdings Bhd (KLCCP) is focusing on the ongoing development of its prime assets, Lot D1 and Kompleks Dayabumi, according to CEO Hashim Wahir.
The group is considering a mixed development on Lot D1 with 80% comprising offices and 20% retail elements. Hashim said the group is in the process of securing anchor tenants for Lot D1, which is located on a 1.4-acre plot opposite the Mandarin Oriental Hotel here.
“I can only give you the gross development value once we have completed the master plan and know the quantum of rental our tenants are willing to pay,” he said after the listing ceremony of KLCC stapled Real Estate Investment Trust (KLCC REIT) on Bursa Malaysia yesterday.
On redeveloping Kompleks Dayabumi, Hashim said there are several plans, including re-positioning retail space and adding more office space. A hotel was mooted as a possibility and the estimated time frame given for the redevelopment is four years.
The landmark 35-storey Kompleks Dayabumi is the former headquarters of Petroliam Nasional Bhd (Petronas). The tower was completed in 1984 and features Islamic-inspired architecture on its facade.
The two properties are part of the newly structured KLCC stapled REIT, which is the largest of its kind in Malaysia. The group’s portfolio is collectively valued at RM15 billion, and is three times larger than its nearest REIT competitor. Hashim is bullish about KLCC REIT’s prospects.
“We have received many enquiries from institutional fund managers. With our asset class, we expect to gain the attention of high-quality investors. The investors will take notice of our commitment for a 90% distributable income payout to shareholders,” he said.
Under the listing, Petronas Twin Towers, Menara 3 Petronas and Menara ExxonMobil are housed under KLCC REIT. Other assets — Suria KLCC, Menara Dayabumi and Mandarin Oriental Hotel — remain under KLCCP.
The majority of KLCCP properties are in the KLCC precinct, which is well-known as the capital’s commercial, shopping and entertainment hub.
The stapled structure of the REIT consolidates the existing KLCCP shares with KLCC REIT units, resulting in the company being a single listed entity. The rationale behind the structure is to unlock value for existing shareholders while retaining the full ownership of current assets.
It also enables the company to maximise the distributable income to shareholders by combining its dividend and the REIT’s distribution per unit. KLCC REIT made strong gains on its first day of listing, rising nearly 7% in intraday trade. The stock closed at RM7.68 yesterday, a 43 sen premium over the initial reference price of RM7.25.
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