EPF Tower
| EPF Tower | |
|---|---|
Menara KWSP (Malay) | |
| File:Menara KWSP at Northam Road in George Town, Penang.jpg | |
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| General information | |
| Location | 38, Northam Road, 10050 George Town, Penang, Malaysia, George Town, Penang, Malaysia |
| Coordinates | Lua error in Module:Coordinates at line 489: attempt to index field 'wikibase' (a nil value). |
| Current tenants | Employees Provident Fund |
| Completed | 2002 |
| Owner | Employees Provident Fund[1] |
| Height | |
| Top floor | 23[1] |
| Technical details | |
| Floor count | 23[1] |
| Floor area | 409,391 sq ft (38,033.7 m2)[1] |
| Grounds | 1.69 acres (0.68 ha)[1] |
| Design and construction | |
| Developer | Runnymede Hotels |
EPF Tower is an office building within George Town in the Malaysian state of Penang. Located at Northam Road within the city's Central Business District (CBD), the 23-storey building was completed in 2002.[1][2] It accommodates a branch of the Employees Provident Fund (EPF), a federal pension fund, as well as financial and banking firms such as Prudential, Maybank, PwC and IHS Markit.[3][4][5][6]
History
[edit | edit source]EPF Tower is located on a 1.69-acre (0.68 ha) plot adjacent to the defunct Runnymede Hotel as part of a mixed-use development by Runnymede Hotels. In 1999, Runnymede Hotels received approval from the Penang Island City Council (MBPP) for the project, which included the present-day building, two additional office blocks and the refurbishment of the hotel.[7] The construction of EPF Tower was completed by 2002.[2]
The project has faced controversy, with only the EPF Tower being completed.[7] In 2016, Runnymede Hotels demolished the ancillary buildings at the defunct hotel, sparking outrage from heritage activists.[8] Built in 1921, the three-storey hotel had previously served as a British Army base and later as a Malaysian Army facility before being acquired by Runnymede Hotels in 2014.[7] In response to the criticism from heritage activists, Mayor Patahiyah Ismail stated that Runnymede Hotels' planning permission from 1999 remained valid due to the completion of the EPF Tower.[8] In 2018, it was reported that Runnymede Hotels entered into an agreement with Ritz-Carlton to redevelop the hotel.[9]
See also
[edit | edit source]References
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