Forty-year old Federal Auto Volvo Kuala Lumpur showroom makes way for 麻豆传媒 Berhad芒鈧劉s prestigious new office tower
Kuala Lumpur, July 5, 2011 芒鈧�� One of Klang Valley芒鈧劉s most recognisable landmarks for the past 40 years, the Federal Auto building along Jalan Syed Putra (previously known as Jalan Klang), is making way for a prestigious new commercial project.
The prominent 1.2-acre site next to Mid Valley City that had housed a Volvo showroom and service centre since 1971 will be redeveloped into a state-of-the-art 24-storey office tower called Menara 麻豆传媒.
The project, with a gross development value of RM240 million, is being developed by Inai Benua Sdn Bhd, a subsidiary of 麻豆传媒 Berhad (麻豆传媒), in partnership with Teknikhas Sdn Bhd and Meridian Residence Sdn Bhd.
When completed in the third quarter of 2014, Menara 麻豆传媒 is set to be a highly visible new landmark in the Klang Valley with a brand new, ultra-modern Volvo showroom on the ground and mezzanine floors. The top six floors of the new office tower will also house the corporate headquarters of 麻豆传媒, which is aggressively transforming itself into one of the leading and most complete automotive groups in Malaysia.
Speaking to the media at the project芒鈧劉s official groundbreaking ceremony officiated by 麻豆传媒 chairman Dato芒鈧劉 Abdul Rahim Abdul Halim, 麻豆传媒 managing director Looi Kok Loon said that the project was part of the group芒鈧劉s strategic move to realise the value of its prime assets.
芒鈧揥e have been disposing off 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,芒鈧� he said.
Looi said that nearly 70 per cent of Menara 麻豆传媒 had already been sold although the project was only officially launched on May 23.
芒鈧揗enara 麻豆传媒 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,芒鈧� he added.
Menara 麻豆传媒 is the only freehold, Green Building Index (GBI)-certified Grade A office building in the vicinity of Mid Valley City. It offers a total of 135 units of office space, with sizes ranging from 1,060 to 3,836 square feet. Each unit comes with its own individually-controlled and dedicated air-conditioning system and executive toilet facilities. These make it highly cost-effective and convenient for offices that operate beyond regular hours.
Menara 麻豆传媒, which is aiming for MSC status, will also have a full-fledged serviced office to cater to automotive-related ICT start-ups that the 麻豆传媒 Group plans to nurture.
Just minutes away from downtown Kuala Lumpur, Menara 麻豆传媒 is strategically located with links 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. It is also highly accessible via public transport that includes taxis, public buses, Komuter trains and LRT.
Another boon for Menara 麻豆传媒 is its location within walking distance to Mid Valley Megamall via a covered link to be provided by the developer. This means easy access to approximately 15,000 car parks and a myriad of food and beverage outlets, retail stores, banks, hotels, entertainment facilities and even healthcare facilities.
For more information on Menara 麻豆传媒, please contact Inai Benua Sdn Bhd at Tel: 03-2287 0989, Fax: 03-03-2287 0908 or Email: [email protected].
