Malaysia Skyscraper Plan Opposed

21 October 2010 (Last Updated October 21st, 2010 18:30)

A plan to build a 100-storey skyscraper in Kuala Lumpur, Malaysia, has been opposed for being too expensive. Upon completion the MYR5bn ($1.6bn) Warisan Merdeka skyscraper would overtake the Petronas Twin Towers as the tallest in the country. Real Estate and Housing Develope

A plan to build a 100-storey skyscraper in Kuala Lumpur, Malaysia, has been opposed for being too expensive.

Upon completion the MYR5bn ($1.6bn) Warisan Merdeka skyscraper would overtake the Petronas Twin Towers as the tallest in the country.

Real Estate and Housing Developers Association Malaysia deputy president FD Iskandar Mohamed Mansor said the government should conduct feasibility and market studies in consultation with the private sector before it embarks on the project.

The tower was one of the many projects announced by the Malaysian Government during the budget hearing on 15 October.

Dr Lim Teck Ghee of the Centre for Policy Initiatives said the tower may bring traffic in that congested part of the city to a standstill, according to the China Post.