Office To Ley - Menara Weld (The Weld)
Lot Size: 1,000 - 5,000sf
Lot Size: 1,000 - 5,000sf
Rental: RM5.00 - RM6.00 psf
Contact: Max Yong
Call/SMS: +60122868877
Email: klofficefinder@gmail.com
Menara Weld (also known as The Weld) is a mixed property that consists of a commercial office tower that stands 26 storeys high. 6 of its lower floors are retail and F&B outlets. Located at the intersection of Jalan P Ramlee and Jalan Raja Chulan, it is one of the first few buildings one will notice, as one passes along Jalan Raja Chulan. Other prominent office towers like Menara Affin, Wisma MPL surround Menara Weld. Petrol Stations, hotels, banks and other amenities complete this are situated within the Golden Triangle of KL.
The Weld, as the retail wing is fondly known, was the first full-fledged supermarket in the 1960’s. The bottom 6 floors serve as retail outlets to 35 specialty stores that includes telco companies, pharmacies, fashion outlets, and popular lifestyle cafes like Starbucks and Secret Recipe. The Weld, together with Menara Weld was acquired by Great Eastern Life in 2003 for RM 150 million.
Full control of Menara Weld was only handed over to Great Eastern Life in 2004. Johnson Controls (M) was hired to manage and maintain the building facilities looking after all mechanical and electrical supplies, equipment, janitorial, energy and building automation planning.
Menara Weld has a total letable area of over 135,000 sq ft. There are 450 parking bays that fill the 3 basement levels of the building and 10 passenger lifts to service the all floors.
Property Details
- Name: Menara Weld (also known as The Weld)
- Address: 76, Jalan Raja Chulan, 50200 Kuala Lumpur
- Type: Mixed Property (Office Tower & Retail)
- Tenure: Freehold
- Completion Date: 1960’s
- No. of Storey: 26
- Built-up: 1,000 - 5,000 sf (10,000 sf per floor)
- Total Lettable Area: Over 135,000 sf
- Rental: RM5.00 – RM6.00 psf
Facilities
- 10 passenger lifts
- 2 car park lifts
- 24 hours security
- Centralized air-conditioning system
- 3 levels basement car park (450 parking bays)
- Cafe, restaurants and other F&B outlet
- Shopping mall
- Fire protection system
- Stand-by generator
Analysis
Menara Weld is indeed a cozy business and shopping facility all in one roof. A bustling presence 7 days a week, it is within walking distance to the Raja Chulan Monorail station, and slightly further away, Bukit Nanas Monorail and Dang Wangi LRT Station. Every cab company will know this landmark that is bypassed on its route towards the KLCC or even Bukit Bintang area.
The recent refurbishment and facelift given to Menara Weld in 2006 was a breath of fresh air to the surroundings and much needed upgrade, being a matured building. Rental per sq. ft is compatible to its neighboring office towers. Owned by Great Eastern Life Assurance (M), Menara Weld continues to be a steady force in the KL commercial property.