M101, one of the most well-known promoters from Malaysia, has thrown open a unique investment opportunity for the Indian public in the Iconic Malaysian Property M101 Skywheel, which has been designed by the world famous Studio F A Porsche. M101 Skywheel is an ‘all-in-one’ integrated commercial and retail development which is supported by Malaysian government.
Out of 1,000 units from M101 Skywheel’s phase 1, 80 per cent has been sold out, where the purchase agreement was valued over RM 400 million. The project has an estimated Gross Development Value (GDV) of RM2.2 billion. M101 Skywheel is headed for completion by 2020.
It would be the first in the world integrated development in World design by Studio F. A Porsche, first in the world Sky Ferries Wheel on the 52nd floor with the highest vantage point of 220m above the ground level, first in the world highest shopping experience with a SkyMall that extends from 50th to 52nd level with over 200,000 sq ft of retail space, with diverse product offerings and with an MRT station right at the door step of development. It would also have first Planet Hollywood Hotel in Asia.
The first of its kind in the world, the M101 SkyWheel with its two towers is a landmark designed to redefine the Kuala Lumpur skyline. Three signature elements help define the building: its red meridian stripe, the reflective black glass and the titanium pedestal, which elevates the building and instills a sense of presence.