Jan 10 2017, 06:07 PM
QUOTE(gks @ Dec 8 2016, 02:21 PM)
PETRONAS spent about RM4b to build PETRONAS Twin Tower and KLCC in 1994. Fast forward 20 years, KL118 will cost PNB about RM3-4B.... After accounting for inflation etc.. the scale and impact of KL118.. maybe just 30-40% of KLCC.
When we refer to commercial area, it is not just about the tallest building but also the symbiosis and network. KLCC is not just about park and mall but congregation of MNCs, banks, hotels, restaurants, hospital etc. The mall not only relies on workers from PTT but the surrounding offices as well.
It will be interesting to see how KL118 can overtake KLCC in 10years down the road. Aside of tallest building in Malaysia, park and mall (3malls in this pudu alone) I do not see any wow factor. And for mall, I do not think they can be better than Mitsui's in BBCC.
In fact I am more optimistic that TRX or BM will take the shine from KLCC rather than this KL118. But that may only happen in 10years after major portion of the masterplan materialized.
Honestly, quite agree with you. I reserved some doubts for PNB 118 and scared that this Opus is too rely on the selling point of opposite PNB 118. Once PNB 118 failed, Opus will failed. When we refer to commercial area, it is not just about the tallest building but also the symbiosis and network. KLCC is not just about park and mall but congregation of MNCs, banks, hotels, restaurants, hospital etc. The mall not only relies on workers from PTT but the surrounding offices as well.
It will be interesting to see how KL118 can overtake KLCC in 10years down the road. Aside of tallest building in Malaysia, park and mall (3malls in this pudu alone) I do not see any wow factor. And for mall, I do not think they can be better than Mitsui's in BBCC.
In fact I am more optimistic that TRX or BM will take the shine from KLCC rather than this KL118. But that may only happen in 10years after major portion of the masterplan materialized.
Of the government projects, I lacked of confident to them but from the current few, I think I prefer TRX due to it's geographically and it really fail if they really unable to bring in the mass sector of jobs since it dubbed as new financial district. I see it compliment the surrounding area with its biggest MRT interchange and also BBCC is just around the corner. Bdr Malaysia is too huge to be fail but let's see because a lot of things are not yet confirmed and materialized.
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