Lot D KLCC - The last strategic area

[tomkat]

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^]

Hey tomkat,I've similar opinion with you;) the PTTs need a similar designed sibling.And they must not be taller than them

[nazrey]

by Brian Scott

http://www.pbase.com/image/37491950.jpg

[tomkat]

Wow. The footing is quite big....

[szehoong]

^^ Yes....the carpark area ;)

[ZaHiRnYa???]

So..when is the construction going to start ;)

[bobdikl]

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^]

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]

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]

For such a smallish footprint......I would suggest something at least 30 storeys tall! ;)

[baqthier]

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]

^^



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]

so now Lot C constc has began, i believe something tall n iconic must be come up in Lot D.

[travellator]

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]

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]

Maybe first finish Lot C and Binjai before they should muse on Lot D:bash:

[baqthier]

Yalah. Binjai shouldve been completed and I couldve woke up with my klcc by now! :D

[pedang]

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]

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]

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]

lol lets copy NYC times square!!

[OshHisham]

KLCC is not like bukit bintang....LED billboards doesn't suit PTT.

[SEED]

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]

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]

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]

^^ Where's that ? Copenhagen ?

[Sheik]

^^ Where's that ? Copenhagen ?

Chicago millenium park

[KING BOB]

That would be interesting to see some eye catching views. :)

[World 2 World]

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]

^^ 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]

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]

^^ 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]

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]

^^ 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]

dome? got too many dome already la.

[KING BOB]

How bout some statues??? or is there too many statues already ?? But then again, statues are too boring in my opinion.

[SEED]

^^ err.. statue of wat.. we dont hav any heroes or sports heroes.. yeh i got one! the malaysian soccer team! :lol:

[OshHisham]

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]

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]

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]

i suggest KL to have contemporary art musem(open for international design competition)...but KLCC is pretty packed already...

[cooltemper]

So easy ah? You thought suggest to your own mother ah?

[World 2 World]

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]

any news or updates regarding Lot D?

[James Foong]

Wait until the lot c finish first.

[WhiteChicken]

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]

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]

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]

http://img291.imageshack.us/img291/6237/180435v7klqmhorodajcllqng0.jpg

[James Foong]

Nice find, mate. Anythg todo with harrods london?

[Sheik]

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???]

dont like both rendering. so ugly.

[patchay]

wat?
Harrods will be unbelievable. and why Lot C...

[Greg]

The pic says Lot C, but location of this rendering is more like Lot D to me. :ohno:

[James Foong]

I think its D or E if any.

[Greg]

I think this is older. Marc is not even u/c in the pic. Probably located where One KL is now.

[OshHisham]

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]

http://img291.imageshack.us/img291/6237/180435v7klqmhorodajcllqng0.jpg

Did you think that this propose tower located beside One KL!

[Greg]

Did you think that this propose tower located beside One KL!

Eh? how you mean Nazrey?

[nazrey]

This is what I mean!!
From latest pic..

http://img01.picoodle.com/img/img01/3/9/29/f_02m_41279c0.jpg

[patchay]

but i think that plot is tooo small

[nazrey]

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]

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]

Just hope it would be happen in any lot :lol:
Of coz KLCC still got many lots!

[James Foong]

Let hope it ll never get build because its super ugly.

[nazrey]

It's too short also tot...

[SEED]

never mind it short but the looks is the most important thing->>

[nazrey]

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]

^^ 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]

the 2nd rendering just like Harrod of KL at sometime..

[SEED]

^^ i really hope thats not the only 2 renders the developer hav in mind.. hope they go for a better design->>

[erwinkarim]

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]

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.