Menara Citibank is a freehold commercial office tower located along Jalan Ampang. It is wholly owned by Inverfin. It is situated right next to Nikko Hotel and apposite Plaza OSK. This 50-storey tower is designed by renowned architect Hijjas Kasturi Associates. It is built on a parcel of freehold land, measuring 12,694 sq m, and has a net lettable area of 68,156 sq m. Menara Citibank is strategically located in the commercial precinct of Kuala Lumpur. It is meters away from Petronas Twin Towers and nearby plenty of office towers, hotels and serviced residences. It is positioned in between Nikko Hotel and MCA Tower. It is also neighboring Binjai Residency, Corinthian, Menara Atlan and Ampang Park.There are plenty of amenities can be found within short distance from Menara Citibank. It is just within 5-minute walking distance to Ampang Park Putra LRT station. Besides that, it is just opposite Royal China (Tai Thong) Restaurant and nearby several other restaurants, namely Chef Choi Cantonese Restaurant, Pelita Nasi Kandar Restaurant and Lotus Restaurant. Ampang Park Shopping Mall is right across the road and one can also walk to Suria KLCC. Furthermore, it is meters away from Po Ling Chinese Temple and As-Syakirin Mosque.
Property Details
Name: Menara Citibank Address: Jalan Ampang, Kuala Lumpur Completion Date: 1994 Type: Commercial office Tenure: Freehold No. of Blocks: 1 No. of Towers: 50 Rental: Facilities
Business centre Cafeteria Covered parking Mini market 24-hour securityAnalysis
Inverfin is a special purpose entity and investment company formed for the sole purpose of owning and operating the tower. It is equally owned by Hap Seng Realty (a subsidiary of Hap Seng Consolidated) and Menara Citi Holding Co. Hap Seng ownership in Inverfin was just completed recently in June 2009 as the company bought all interests in Inverfin owned by CapitaLand Ltd and Amsteel Corp for RM303.5 million.There is a Spa located on Level 7 and a food court located on Level 5. Besides being the headquarter of Citibank in the country, other prime tenants of Menara Citibank include oil and gas company Talisman, Japan Airlines and tourism board of Thailand.
