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Old July 6th, 2010, 03:36 AM   #1
patchay
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MENARA MBMR (FEDERAL AUTO) | Kuala Lumpur (Jalan Syed Putra) | 24 fl | U/C

Federal Auto to redevelop its HQ
By Lynn Omar | Published: 2010/07/01
http://www.btimes.com.my/Current_New...#ixzz0srTllHBd

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Location: Jalan Klang, off Jalan Syed Putra, opposite Mid Valley City
Description: Purpose-built office tower with luxury car showrooms at the podium

Automotive company Federal Auto Holdings Bhd plans to redevelop its current headquarters in Kuala Lumpur into a 26-storey commercial building.

The new building, due for completion in June 2013, will have a RM12 million Volvo showroom and Federal Auto will lease or sell any unused space to generate revenue.

"Although we are a focused automotive group and not into property development, we think this is a good investment in the long run as the property has great potential and will create better value," managing director Cheng Seng Fook said at the official launch of its new corporate identity in Kuala Lumpur yesterday.

The company also aims to more than double its revenue to RM350 million this year from last year's RM164 million.

Federal Auto is on track for this based on its sales figures from January to June.

Currently, 40 per cent of its turnover comes from Volvo cars, 30 per cent from Volkswagen, and 20 per cent from Mitsubishi.

The company, an 86 per cent-owned subsidiary of MBM Resources Bhd, makes up about 10 per cent of MBM's total revenue.

"We see great potential in our subsidiary company and we are confident that in time its revenue will increase with more showrooms in the pipeline," MBM Resources managing director Looi Kok Loon said.
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Last edited by TYW; July 24th, 2011 at 07:04 PM.
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Old July 6th, 2010, 03:57 AM   #2
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Wow not bad,cant wait to see how this turns out,that area is gonna be much dense thanks to Mid Valley and The Gardens.
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Old July 7th, 2010, 03:06 AM   #3
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there is a proposed coool design but not sure whether it has been chosen or not.....

(both FA and MBM are my firm clients so better not go deeeper until news come out)
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Old July 7th, 2010, 09:41 AM   #4
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any idea who is the architect and mech. eng for this project
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Old October 5th, 2010, 04:29 AM   #5
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Menara MBMR

Menara MBMR

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Originally Posted by athos
Menara MBMR: Re-development of Federal Auto/Volvo's existing showroom adjacent to MidValley

26-storey FREEHOLD GRADE A GOLD STANDARD GREEN office building comprising 135 office suites with brand new Volvo showroom on the ground & mezzanine floors. A covered walkway links Menara MBMR to MidValley.

Office suite sizes range from 1,060sf to 1,930sf.

A: Location of Menara MBMR


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Old January 14th, 2011, 04:07 AM   #6
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ini projek sudah start ke belum???
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Old March 23rd, 2011, 07:10 PM   #7
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Old April 23rd, 2011, 02:34 AM   #8
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Are they going to demolish the Volvo building?
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Old May 8th, 2011, 06:35 PM   #9
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Old June 11th, 2011, 12:07 PM   #10
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Old June 20th, 2011, 05:14 PM   #11
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Old July 4th, 2011, 05:49 AM   #12
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MBM Resources’ first go at property development
By Siti Sakinah Abdul Latif of The Edge Malaysia
Sunday, 03 July 2011 00:00

MBM Resources Bhd (MBMR) is generally associated with the automotive industry, as the holding company is involved in the manufacturing of auto components and distribution of motor vehicles such as Perodua, Volvo and Daihatsu. It is also the appointed dealer for Volkswagen in Malaysia.
The company has over 30 showrooms across the country, mainly in locations with high traffic to attract potential customers. One such showroom is the 20,000 sq ft Volvo showroom and service centre that belongs to its wholly-owned subsidiary Federal Auto Holdings Bhd in Jalan Syed Putra, Kuala Lumpur. It is one of the oldest Volvo showrooms in the country.


Federal Auto was established in the 1960s, and the first Volvo car dealer in Malaysia. It was acquired by MBMR in 2004. The said Volvo showroom will now be redeveloped and an even more prominent building will be developed in its place.

MBMR managing director Looi Kok Loon tells City & Country that the land was acquired over 40 years ago, but the idea for redevelopment only came about a few years back, after seeing how the nearby Mid Valley City had managed to establish itself.


To undertake the redevelopment, MBMR set up a subsidiary company, Inai Benua Sdn Bhd, and formed a joint-venture company with Teknikhas Holdings Sdn Bhd and Meridian Residence Sdn Bhd in 2008. Inai Benua’s shareholding in the joint venture is 70%, while that of Teknikhas and Meridian Residence is 20% and 10% respectively.

The redevelopment of the Volvo showroom into Menara MBMR, a 24-storey office tower, began in mid-May after the official handover of the showroom to the contractors for its demolition. The construction of the tower is expected to be completed by 3Q2014.

“There will be a total of 135 office units, with MBMR taking 18 units on six levels. There is also a six-storey basement car park with over 480 bays,” he says, adding that the ground and mezzanine floors will be used as a showroom by MBMR.

The entire development, on 1.2 acres of freehold land, has a gross development value of RM240 million, and will offer 240,000 sq ft of office space.

Looi says that in line with its expansion, MBMR wanted to have its own office-cum-showroom and saw value in redeveloping the Volvo showroom.

“We remain focused on the automotive sector. Menara MBMR is our first redevelopment effort, but if the potential is there to develop [other standalone showrooms], we will go for it and realise their value,” he adds.


Inai Benua director Timothy Liew says the building will comprise a single tower with a north and south wing so that it appears to be two towers. The north wing will have 70 office units, while the south will have 65. The lift area will act as the core of the building.


The building will be served by seven high-speed lifts and two dedicated car-park lifts. All 135 office units will come with an individually controlled and dedicated air-conditioning system, and have private toilet facilities.

The building will sport an interesting external façade. According to Liew, the façade looks different from different angles. The building is designed by CGN architects, a Singapore-based architecture firm that also designed the SS2 shopping mall in Petaling Jaya and Gardens shopping mall in Mid Valley City.

The office units have sizes ranging from 1,060 to 3,836 sq ft, with the smaller ones located on the lower levels. Prices will be from RM960 to RM1,365 psf.

“Abour 65% [of Menara MBMR] was sold within six months during previews,” says Liew, adding that the buyers were individuals who were familiar with the area and wanted to upgrade their offices. Menara MBMR was launched on May 23.

He adds that Menara MBMR’s close proximity to the established Mid Valley City and the offer for customers to own office units in the area are among the project’s selling points.

“The Gardens offers good grade offices, but we saw that some people want to own offices in this area, which they can’t do at the Gardens as it is owned by the developer IGB Bhd. They are only available for lease,” he explains.

Liew says once the building is completed, drivers on the Federal Highway will be able to see Menara MBMR before they see Mid Valley City, which also has direct links to several major highways like the New Pantai Expressway (NPE), North Klang Valley Expressway (NKVE), Kerinchi Link, Lebuhraya Damansara Puchong (LDP), East-West Highway Link, KL-Seremban Highway and the KL-Putrajaya Highway.


As green and sustainable buildings are currently in demand, MBMR plans to apply for the Green Building Index (GBI) certification. Green features that will be offered include double-glazed windows for optimum heat and sound insulation, with added shielding from glare for lower energy consumption, as well as rain-water harvesting.


Security features will include CCTV monitoring and smartcard access. There will also be a building automation system to provide central monitoring and control of common areas.

Another feature of Menara MBMR is that the building will be directly linked to the Mid Valley KTM commuter station via a covered walkway, which will be about 150m long There is also an existing pedestrian bridge that links the station to Mid Valley Megamall.

“The distance from the MBMR building to Mid Valley Megamall is shorter than the distance from one end of the mall to the other,” quips Liew.

The development is also easily accessible by other means of public transport, such as taxis, public buses and the Abdullah Hukum LRT station, served by RapidKL feeder buses. Furthermore, there is an abundance of food and beverage outlets, retail stores, hotels, convention centres and entertainment facilities.


Other than the GBI certification, the company will also be applying for MSC status for the building to attract information and communications technology (ICT) companies. One floor in Menara MBMR will be used for a one-stop centre for ICT-related start-up companies. The centre will be managed by MBMR.
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Old July 5th, 2011, 09:20 AM   #13
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Old July 5th, 2011, 03:28 PM   #14
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WowowwWW so fast
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Old July 6th, 2011, 04:49 AM   #15
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Groundbreaking ceremony held for new MBMR tower
By Clint Loh of theedgeproperty.com
Tuesday, 05 July 2011 16:45


(from left) MBMR chairman Datuk Abdul Rahim Abdul Halim and Looi looking at a scale model of Menara MBMR.

KUALA LUMPUR: MBM Resources Bhd (MBMR) held its official groundbreaking ceremony on Tuesday, July 5 for its new RM240 million Menara MBMR project. The 24-storey office tower will replace the Federal Auto building along Jalan Syed Putra (previously known as Jalan Klang).

The 1.2-acre site next to Mid Valley City that had housed a Volvo showroom and service centre since 1971 will be developed by Inai Benua Sdn Bhd, a subsidiary of MBMR, in partnership with Teknikhas Sdn Bhd and Meridian Residence Sdn Bhd.

In its press release, MBMR said the project will be completed in the third quarter of 2014. Menara MBMR will have a brand new Volvo showroom on the ground and mezzanine floors. The top six floors of the Menara MBMR will house MBMR's corporate headquarters.

MBMR managing director Looi Kok Loon said that the project was part of the group's strategic move to realise the value of its prime assets.

"We have been disposing of older and smaller properties that no longer meet our growing needs. With strategic parcels of land that we own and on which we operate showrooms such as this, we will be looking into redeveloping them to unlock their true value in line with our expansion plans," he said.

Looi said that nearly 70% of Menara MBMR had already been sold, although the project was only officially launched on May 23.

"Menara MBMR presents a tremendous value proposition to our target market of small and medium corporates. It is perfect for those who are seeking to purchase their own premium office space and upgrade to a prestigious new address," he added.

MBMR also said that Menara MBMR is the only freehold, Green Building Index-certified (GBI) Grade A office building in the vicinity of Mid Valley City. It has a total of 135 units of office space, with sizes ranging from 1,060 sq ft to 3,836 sq ft. Each unit comes with its own individually-controlled and dedicated air-conditioning system and executive toilet facilities. added that Menara MBMR, which is aiming for MSC status, will also have a full-fledged serviced office to cater to automotive-related ICT start-ups that the MBMR Group plans to nurture.

Menara MBMR is linked to several major highways such as the New Pantai Expressway (NPE), North Klang Valley Expressway (NKVE), Kerinchi Link, Lebuhraya Damansara Puchong (LDP), East-West Highway Link, KL-Seremban Highway and the KL-Putrajaya Highway, as well as via public transport.

MBMR also said it will be providing a covered link from Menara MBMR to Mid Valley Megamall. This will give it access to approximately 15,000 car parks and a number of food and beverage outlets, retail stores, banks, hotels, entertainment facilities and even healthcare facilities.
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Old July 6th, 2011, 10:30 AM   #16
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Old July 16th, 2011, 04:07 PM   #17
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Alor Setar, Ipoh, Johor Bahru, Kangar, Kota Bahru, Kota Kinabalu, Kuantan, Kuala Terengganu, Kuching, Seremban, Shah Alam, etc!

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Old August 9th, 2011, 03:50 AM   #18
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Old August 24th, 2011, 10:35 AM   #19
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Old August 24th, 2011, 02:52 PM   #20
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dat was fast...
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