Komtar upgrade complete in 2015
The 35-year-old iconic Menara Komtar, in the city centre, is being given a RM21 million facelift.
Upgrading work on the office tower, which is part of the Komtar Johor Baru City Centre development, commenced last September and is expected to be completed in February, 2015.
Following the renovation, Menara Komtar will have a new facade and main lobby, six high-speed lifts, Wi-Fi facilties and a better security system. Menara Komtar is owned and managed by Damansara Assets Sdn Bhd, a subsidiary of Johor Corporation.
DASB executive director Yusaini Sidek said the upgrading was needed because the tower was more than three decades old.
"We hope to have a new look and image for this iconic tower as we move forward to a new era in urban office space development," Yusaini added.
"This is also to cater to the needs of the increasingly sophisticated tenants and maintain our competency in the office space sector."
Despite the limited demand for office rental space in the state capital, Yusaini is confident that the upgrading and the right marketing strategy will attract more people to set up their offices there.
He said DASB was anticipating an occupancy rate of 98 per cent by the end of next year.
"So far, the occupancy rate is 60 per cent," he said.
Since our upgrading work, we have received enquiries from many parties expressing their interest in our office tower. I think 98 per cent is achievable."
Menara Komtar is directly linked to Komtar JBCC which will have retail space, indoor theme park, food court and a mosque.
It is surrounded by banks and hotels, while the JB Sentral and the Customs, Immigration and Quarantine Complex is just a stone's throw away.
Menara Komtar will have 1,600 car parking lots and 600 motorcycle parking lots.
The 26-storey tower was built in 1978.
~News courtesy of New Straits Times~
The 35-year-old iconic Menara Komtar, in the city centre, is being given a RM21 million facelift.
Upgrading work on the office tower, which is part of the Komtar Johor Baru City Centre development, commenced last September and is expected to be completed in February, 2015.
Following the renovation, Menara Komtar will have a new facade and main lobby, six high-speed lifts, Wi-Fi facilties and a better security system. Menara Komtar is owned and managed by Damansara Assets Sdn Bhd, a subsidiary of Johor Corporation.
DASB executive director Yusaini Sidek said the upgrading was needed because the tower was more than three decades old.
"We hope to have a new look and image for this iconic tower as we move forward to a new era in urban office space development," Yusaini added.
"This is also to cater to the needs of the increasingly sophisticated tenants and maintain our competency in the office space sector."
Despite the limited demand for office rental space in the state capital, Yusaini is confident that the upgrading and the right marketing strategy will attract more people to set up their offices there.
He said DASB was anticipating an occupancy rate of 98 per cent by the end of next year.
"So far, the occupancy rate is 60 per cent," he said.
Since our upgrading work, we have received enquiries from many parties expressing their interest in our office tower. I think 98 per cent is achievable."
Menara Komtar is directly linked to Komtar JBCC which will have retail space, indoor theme park, food court and a mosque.
It is surrounded by banks and hotels, while the JB Sentral and the Customs, Immigration and Quarantine Complex is just a stone's throw away.
Menara Komtar will have 1,600 car parking lots and 600 motorcycle parking lots.
The 26-storey tower was built in 1978.
~News courtesy of New Straits Times~
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