KUALA LUMPUR, 6TH JULY - The Naza Group unveiled its upcoming 50-storey office tower at a ground breaking ceremony officiated by Prime Minister, Y.A.B. Dato’ Sri Mohd Najib Tun Abdul Razak at the 9.1 acre Platinum Park development site in Jalan Stonor today.
This was the second tower launched at the RM4 billion high-end integrated residential and commercial development project, following the launch of the Felda tower last year.
Developed by its fully-owned subsidiary Naza TTDI Sdn Bhd, the Platinum Park development is set to be the single largest luxury development undertaken by a Bumiputra company in the heart of Kuala Lumpur, within the vicinity of the Petronas Twin Towers and the Suria KLCC shopping centre.
Group Executive Chairman and Chief Executive Officer of Naza Group, SM Nasarudin SM Nasimuddin in his speech said, “The 50-storey office tower represents the achievement and success of the Group. We hope that its strategic presence within the KLCC vicinity will be exceptionally attractive to commercial tenants, both domestic and international”.
Once completed in 2013, Naza Tower will house the main headquarters of the Naza Group of Companies. The ground floor of the tower will house top-notch, fully operational automobile sales showrooms, open to the public. “We have always wanted to have a very visible, easily recognisable and accessible location right in the heart of the nation’s capital. Naza Tower will give us this opportunity to serve our customers better by showcasing our products in what we believe to be the best location possible,” added Nasarudin.
The tower with a unique “twist” to its design will have a net floor area of 532,470 sq ft. It will feature the latest “state of the art” technology encompassing communication network and security system. The tower is also designed to be a “green building” through the efficient use of energy, water and material and will be among the first candidates to apply for a Green mark certification under the newly launched “Green Building Index” of Malaysia.
Gross Development Value of the Platinum Park in total will amount to RM4 Billion, once all seven proposed buildings are fully completed in 2018. One of the seven proposed towers in Platinum Park, Menara Felda was sold in 2008. The 38-Storey building next to Naza Tower has been sold to a yet-to-be disclosed buyer.