LOT 301 by PHB (Kuala Lumpur)

Malaysia / Kuala Lumpur / Kuala Lumpur / Jalan Conlay, 12
 office building  Add category
www.theedgeproperty.com.my/content/phb-plans-integrated...

Pelaburan Hartanah Bhd (PHB) is planning to develop a 6.8-acre site in Jalan Conlay, Kuala Lumpur, which used to house the office of the Kuala Lumpur Regional Centre for Arbitration (KLRCA).

The proposed development, located directly opposite Kompleks Kraftangan, includes a 50-storey serviced apartment building and two blocks of 37-storey office suites that will sit atop an eight-storey retail podium and a three-storey basement car park.

PHB, a developer-cum-property investor, acquired Lot 301, a freehold 296,427 sq ft parcel, in July 2012 from the Federal Land Commissioner, Section of Land Management & Legislation, for RM162.8 million. At this price, the transaction works out to RM549 psf.
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Coordinates:   3°9'2"N   101°43'7"E
This article was last modified 7 years ago