Menara IGB, KL City Centre | CloudHAX Property

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Developer

Menara IGB

Menara IGB is an office tower development that is situated at Lingkaran Syed Putra. This development is located nearby Mid Valley Megamall and The Gardens. This development is 26-storey high and 212 ,00sf of leasable area with 13,000sf per floor. Facilities such as maintenance services, parking bays, and security services are all provided within this development. Car park bays are shared between with Midvalley Megamall and Centrepoint which houses a total of 6,500 car park bays. There are various highways that are located nearby this development such as Federal Highway, New Pantai Expressway (NPE) and Sprint Highway.

Analysis

The developer of Menara IGB is IGB Corporation which is a property investor, builder and developer. The office tower is managed by IGB Corporations and is fully tenanted by large sized corporations.

Located in between Petaling Jaya and Kuala Lumpur, it is easily accessible from both areas. Although it makes the area easily accessible, it also contributes to traffic congestion. This usually happens during peak hours especially after work periods where most people are rushing home.

Tenants can expect traffic to move really slowly as the Federal Highway will definitely be congested. Though taking the train is an alternative it doesn’t mean that the train won’t be packed as well.

Being located near Mid Valley Megamall has its pros and cons’, though providing amenities such as eateries, the mall attracts a large number of people every day. The fact that the car park is shared between Menara IGB and Mid Valley Megamall complicates the situation. Tenants might find themselves in a tussle for parking space