Thursday, November 25, 2010
MAS Building Makeover
PNB, who is the owner of the MAS building in Jalan Sultan Ismail has confirmed that the building they bought few years back for RM130million will be refurbished. A luxurious tower will be constructed to replace the podium behind the building. This tower will house a hotel and a serviced apartment.
Several designs had been touted for this tower. PNB also initially announced that the design would be revealed in October 2010 but October has since come and go... Judging from how our GLCs (Govt Linked Companies) work, it probably won't be another year before things take off, if it takes off at all...
If this happens, punters who invested in St Mary's Block C and paid RM100psf lesser for tower 1 will be pleased to know that the horrible and bad feng shui jagged roof of the MAS building podium block will be gone forever.