Points of pride: Significant facts about Malaysian real estate
The construction sector has been the backbone of economic growth in many countries, including Malaysia. Its sister industry, the property sector, has also been an important growth engine over the last few decades.
Malaysia’s real estate industry has not only brought forth investment opportunities, but also created the physical environment in which people live, work and entertain. Most of all, these buildings serve as vessels of stories about Malaysians — they are our cultural artefacts on who we are, where we came from and where we are headed.
To celebrate Malaysia’s 65th Independence Day, City & Country has listed 65 interesting facts about the country’s real estate and construction sectors.
Central region
1 Mimaland in Gombak, Selangor, was the first theme park in Malaysia. Opened in 1975, it was closed in 1994 following a landslide and has since been abandoned.
2 First World Hotel in Genting Highlands has 7,351 rooms. It has held the Guinness World Records title for the largest hotel in the world by number of rooms since 2015.
3 The first skyscraper in Kuala Lumpur was Menara Bumiputra, now known as Menara Bank Muamalat, which was completed in 1978 and stood at 494ft.
4 The first project built using the Industrialised Building System (IBS) in Malaysia is seven blocks of 17-storey flats, housing a total of 3,000 units and 40 shoplots, in Jalan Pekeliling, KL.
5 Ampang Park, located along Jalan Ampang, was the first shopping complex to be built in Kuala Lumpur. It opened in 1973 and was closed in 2017, before being demolished the following year to make way for the Putrajaya Line (MRT2).
6 Jalan Klang Lama, or Old Klang Road, was the first major road in KL. It was built in 1965.
7 The first toll plaza in Malaysia was at the 20km Tanjung Malim-Slim River toll road, which was opened to traffic on March 16, 1966. There was a 50 sen charge for cars and RM1 for buses and lorries back then. Read More...