Malaysia may get yet another tallest building – tentatively dubbed 'Tower M' – after 2030, according to The Edge Property.
The building is expected to exceed the height of two other towers initiated during the Najib Abdul Razak administration, The Exchange 106 and PNB 118.
The Exchange 106, which is expected to be completed this year, will be 492m tall, while the PNB118, which is expected to be ready in 2020, will be 635m tall.
The 88-floor Petronas Twin Towers, built during Dr Mahathir Mohamad's tenure as the fourth prime minister, was 375m tall and had been the tallest building in the country since its completion in 1996.
If the construction of 'Tower M' goes ahead, it will be the first government-linked super skyscraper under Mahathir's second tenure as prime minister.
The Edge Property reported that 'Tower M' will be built by KLCC (Holdings) Sdn Bhd (KLCCH), the owner of Petronas Twin Towers. It is expected to have 145 floors.
The report said the building, estimated to reach 700m, will be constructed next to the KLCC East MRT station – part of the under-construction MRT2 line.
It quoted a KLCCH spokesperson as saying that works are already underway to lay the foundation for the office towers, but the construction of the building itself will only happen in future.
“In view of the current market speculation, it is envisaged that the towers will only be built in the distant future (beyond 2030),” they said.
KLCCH added that the office towers will only be built after securing leases for the whole building.