KL Sentral to enter final phase

MALAYSIAN Resources Corporation Bhd (MRCB) will develop the last parcel of land at Kuala Lumpur Sentral in Brickfields, here, which will feature green buildings worth more than RM4 billion, from next year.
 
Known as Lot F, the integrated mixed development will take about four years to complete, said group managing director Datuk Mohamad Salim Fateh Din.
 
“We will develop the land to add value to KL Sentral. It will take shape from next year as soon as we get the concept right.
 
“The buildings will have platinum rating and there will be 21 per cent energy savings for companies that operate there, among other features,” Salim said in an interview recently.
 
MRCB is talking to several multinational companies that have indicated their interest in relocating to KL Sentral.
 
Spread across 29.16ha, KL Sentral encompasses the RM1.1 billion world-class transit hub Stesen Sentral, several Grade-A office towers and suites, residences, hotels and a mall.
 
The development, which commenced in 1995, is expected to be fully completed in 2017, with Lot F being the final phase.
 
Properties under construction include St Regis Hotel and Residences, Nu Sentral mall, Q Sentral, Sentral Residences and 1 Sentrum.
 
There are currently eight green buildings at KL Sentral.
 
Meanwhile, MRCB is investing more than RM35 million to upgrade Stesen Sentral and build three bridges within KL Sentral.
 
Salim said around 150,000 passengers use the station daily and the figure is expected to double with the opening of the Kuala Lumpur International Airport 2 in Sepang next year.
 
He said the mass rapid transit project will also contribute to growth when completed in 2017.
 
“We need to upgrade the station and add new facilities, including additional parking areas,” said Salim.
 
– BUSINESS TIMES
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