Menara Multi Purpose

Menara Multi-Purpose
Alternative names Capital Square Tower 1
General information
Type Commercial offices
Location Jalan Munshi Abdullah
Kuala Lumpur, Malaysia
Coordinates 3°09′20″N 101°41′56″E / 3.1556°N 101.6989°E / 3.1556; 101.6989Coordinates: 3°09′20″N 101°41′56″E / 3.1556°N 101.6989°E / 3.1556; 101.6989
Completed 1994
Height
Roof 198.23 m (650.4 ft)
Top floor 171.6 m (563 ft)
Technical details
Floor count 40
Design and construction
Architect John Portman & Associates
References
[1][2][3]

Menara Multi-Purpose is a skyscraper located along Jalan Munshi Abdullah in midtown in Kuala Lumpur, Malaysia. The tower is headquarters to Multi-Purpose Holdings Berhad, MPI Generali Insurans Berhad, Alliance Bank, and Bandar Raya Developments Berhad.

History

Menara Multi-Purpose was developed by Bandar Raya Developments Berhad (BRDB) and was completed in 1994. Menara Multi Purpose was designed by John Portman & Associates and Jurubena Bertiga International. It was initially envisaged to be part of a greater Capital Square commercial development. However, the 1997 Asian Financial Crisis stalled other components of the project, leaving the Menara Multi Purpose building the only completed structure then, surrounded by several partially completed and abandoned structures (including a second office tower). However, now Capital Square, or CapSquare as it has known, is a fully integrated neighbourhood with a second office tower, retail centre, a luxury residential tower and a second luxury residential tower recently launched.

Menara Multi-Purpose was headquarters to its developers, BRDB, who have now moved to a new headquarters, Menara BRDB, in their homeground of Bangsar.

In December 2016 the building was purchased by the Kumpulan Wang Persaraan (Diperbadankan) (KWAP), the second largest pension fund in Malaysia. With the sale price of RM474.3 million (US$107.25 million), this was the largest office building sale in the country in 2016.[4][5]

See also

References

  1. ↑ Menara Multi Purpose at Emporis
  2. ↑ Menara Multi Purpose at Glass Steel and Stone
  3. ↑ "Menara Multi Purpose". SkyscraperPage.
  4. ↑ Chew, Rachel (16 December 2016). "JLL Malaysia: KWAP buys KL's Menara AIA Cap Square". TheEdgeProperty.com. Retrieved 20 January 2017.
  5. ↑ "JLL closes Malaysia's biggest deal in 2016". JLL. 16 December 2016. Retrieved 20 January 2017.
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