Menara Worldwide, KLCC

Menara Worldwide is a corporate Grade A office tower nestled within the Golden Triangle of Kuala Lumpur in KLCC enclave. It is located along the vibrant Jalan Bukit Bintang and adjacent to Menara Yayasan Tun Razak and Bangunan LTAT.

Menara Worldwide consists of a 27-storey tower with 2 floors of office penthouses at the top, and a 4-storey podium block with mezzanine floor within 1.07 acre leasehold land. The facade boasts floor-to-floor windows to allow good ventilation and natural lighting.

The building comprises a total of 277,000 sf of nett lettable area – with approximately 250,000 sf and 27,000 sf of net lettable area at the tower and the podium respectively. The podium is catered for F&B; outlets, showroom or banking hall, and there is a roof top landscaped garden for recreational activities.

Menara Worldwide features a grand lobby entrance, 7 high speed lifts for the tower and 3 lifts for the podium block, telecommunication facilities and a multi-level basement car park. The building caters a total of 371 parking bays.

The building is owned by Worldwide Holdings, a subsidiary of Selangor State Development Corporation (PKNS) with a gross development value (GDV) of RM250 million. The building was recently completed in July 2010.

Menara Worldwide is conveniently sited in the colorful part of the city centre. The area is filled with office buildings (Menara Keck Seng, Chulan Tower, Menara Yayasan Tun Razak, Pavilion Tower and Central Plaza), shopping malls (Starhill Gallery, Lot 10, Pavilion and Suria KLCC), eateries (Chulan Square, Chuai Heng Restaurant and Seri Melayu Restaurant) and hotels (Dorsett Regency, The Ritz-Carlton and The Westin) – which are just mere minutes walk from Menara Worldwide.

In addition, Menara Worldwide is just a stone’s throw to Prince Court Medical Centre and Royal Selangor Golf Club. Jalan Bukit Bintang is one of the main roads in the centre of KL and it is directly connected to Jalan Raja Chulan and Jalan Tun Razak. It is mere minutes drive to Smart Highway, Sungai Besi Highway, KL-Putrajaya Maju Expressway and Ampang-KL Elevated Highway (AKLEH). In addition, it is about 950m to Raja Chulan Monorail Station which is approximately a 15 minutes walk from Menara Menara Worldwide.

Property Details

• Name: Menara Worldwide
• Address: Lot 285, Jalan Bukit Bintang, 55100 Kuala Lumpur
• Developer: Worldwide Holdings (a subsidiary of PKNS)
• Completion Date: July 2010
• Type: Corporate Office
• Tenure: {Tenure}
• No. of Blocks: 2
• No. of Storey: 27 & 4
• Built-up: 1,000 – 277,000 sf (Net Lettable Area)
• Rental: RM6.00 psf

Facilities

• Building Automation System (BAS)
• Variable air volume air-conditioning systems
• Integrated 24-hour security system
• High speed lifts
• Modern fire fighting system
• Computer riser duct
• MATV facilities (Master Antennae TV)
• Telecommunication system

Analysis

Worldwide Holdings has established since December 1965. The company underwent a privatization process and become a wholly owned subsidiary of PKNS in 2007. Besides Menara Worldwide, the company has delivered several projects including Subang Bestari, Shah Alam 7, Worldwide Business Park and ALAMi. The commercial developments including Menara Worldwide are claimed as the comeback for Worldwide Holdings into commercial property development after a long break, right after the acquisition by PKNS.