PETALING JAYA: If the KL City Centre (KLCC) is the elite residential hub of Malaysia, then the commercial hub will be Kuala Lumpur Sentral with the who’s who of property development acquiring what’s left of the 29ha where the Hilton Kuala Lumpur and Le Meridien hotels are sited.
Thursday’s RM99mil joint-venture deal between Malaysian Resources Corp Bhd (MRCB) and Aseana Properties Ltd to buy over 95,131sq ft from Kuala Lumpur Sentral Bhd means two more office tower blocks and a hotel coming up by 2012.