Master Planners For KL International Financial District (KLIFD)

International consulting firm Machado Silvetti and Associates Inc (MSA) and its local partner Akitek Jururancang (Malaysia) Sdn Bhd (AJM) will come up with a master plan for the Kuala Lumpur International Financial District (KLIFD).

The detailed master plan is scheduled to be completed in the first quarter of 2012.

In a statement Thursday, 1Malaysia Development Bhd (1MDB) said the US-based firm and AJM were appointed as the master planners for KLIFD as they represent the fusion of local and international talents that best translate 1MDB’s vision for the financial district through their concept and rendering of the master plan.

“AJM and MSA share a vision for a highly functioning, interesting, innovative, and aesthetically pleasing urban district that will establish KLIFD as a financial centre of choice,” said Datuk Azmar Talib, chief operating officer of 1MDB Real Estate Sdn Bhd, a subsidiary of 1MDB.

Late last year, 1MDB organised a design competition for master planners, attracting some of the world’s best.

The AJM-MSA partnership is to deliver a sustainable and modern KLIFD and implement the highest level of international design and progressive planning tenets, including industry-leading sustainability in buildings and infrastructure, a pedestrian-friendly green public realm, seamless links to public transportation, and guidelines for architecture of high international standards.

The 30ha development in the Imbi area fronting Jalan Tun Razak, Kuala Lumpur aims to bring together leading financial institutions and top global companies to create a catalytic pool of world-class players.

It will leverage on Malaysia’s existing strength in Islamic finance and play on its strategic location to complement other financial centres in the region.

Source – The Sunday Daily

Food for thought: Most of the average people only view a certain place or property to be”of value” when most of the savvy investors have made the money. The way to overcome this is to invest in your Financial Education and increasing your Financial IQ. I have seen the growth of KL over the last few decades, and today, there is a huge paradigm shift in the development and the way business are conducted in KL. With the introduction of the MRT system, Warisan Medeka Tower and the iconic KLIFD, there are lots of potential growth when one embarks in investing property in KL.

Awesome! :)

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