Cap Square
Cap Square is a shopping mall in Kuala Lumpur, Malaysia. Also commonly referred to as Capital Square, it is located along Jalan Munshi Abdullah, in midtown Kuala Lumpur and was developed by Bandar Raya Developments Berhad, a prominent Malaysian property developer. Apart from retail spaces, the development encompasses one 36-storey condominium block and one office block under phase 2. Phase 1, which comprised a single 40-storey office block, was completed back in 1994. It is also home to Bandar Raya Developments Berhad’s corporate headquarters. The completed 36-storey residence component of the Cap Square development comprises 180 apartment units.
Development of Cap Square was put on hold since 1997 due to the Asian Financial Crisis. The only fully completed structure then was the Menara Multi-Purpose, which was completed in 1994. Construction of a second office block (OT2) stalled and its partially completed structure remained abandoned for about 10 years. In January 2008, Bandar Raya Developments Berhad announced that it had entered into a conditional sales and purchase agreement with Union Investment Real Estate AG for the en block sale of the 41-storey OT2 for RM439 million. Construction of OT2 has since resumed and is currently expected for completion in 2011.
Other Information
- Location : Jalan Munshi Abdullah, Kuala Lumpur, Malaysia
- Also known as : Capital Square
- Developer : Bandar Raya Developments Berhad
- Total retail floor area : 161,818 sq ft
- No. of floors : 4 (retail), 36 (condominium)
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