MENARA TM - ICONIC BUILDING , KL Fringe-Bangsar South Corridor, Kampung Kerinchi (Bangsar South)

ICONIC BUILDING FOR SALE

One of the Top 10 tallest buildings in Malaysia is now for sale. Instantly recognizable in the Kuala Lumpur skyscraper landscape, Menara TM is a 55-storey freehold purpose-built office tower located in a prime location within the heart of KL Sentral-Bangsar South corridor with excellent proximity to established shopping malls, hotels, residential and other commercial developments. The office building is just minutes drive away from KL Sentral, Mid Valley City, KL Eco City and Bangsar South. This is a rare opportunity to acquire en-bloc commercial real estate within the KL Sentral-Bangsar South Corridor.

MULTIPLE COMPONENTS - Consisting of office tower with helipad, convention centre, multipurpose hall, mosque, childcare centre, sports complex, clinic, physio centre and over 1,700 carpark.

SIZE :
Land Area - 30,708 sqm
Office NLA - 91,900 sqm

HIGHLIGHTS :
▪ Fully Occupied (Currently for sale with 100% occupancy and an average 86% office occupancy for surrounding buildings)
▪ Transit-Oriented Development - walking distance to Kerinchi & Universiti LRT Station
▪ Approximately 1,700 car park bays in basement accessible by multiple entrances from Ground level
▪ Major capital improvements on key facilities spent
▪ RM17.25million spent on building upgrades
▪ RM55million pipeline upgrades in 2022
▪ MSC Cybercentre Complex Status
▪ 2020 Runner Up National Energy Awards for Energy Efficiency in Large Building
▪ Signage and naming rights with high visibility and iconic building
▪ Facing Federal Highway – traffic volume over 1 million cars daily

This is a sale due to the maturity of an Asset Backed Security (ABS) Sukuk (bond) issuance. The assets are now required to be sold in order to repay the Sukuk subscribers, as such we encourage all to bid.

Exclusive Marketing Agent - CBRE|WTW
- For Sale by Expression of Interest (EOI), interested parties to contact Ms Charlene at 016-2930660  or Ms Fara at 013-2751145. Deadline for bid submission falls on 18th March 2022, 12.00pm.