PETALING JAYA: Builder SBC Corp Bhd and partner H. M. Shah's Realty Sdn Bhd expect the new RM150mil PJ Exchange (PJX) to become an icon and the Klang Valley's most sought after office address.

SBC Corp managing director Sia Teong Heng said the 34-storey building, to be built near the Taman Jaya Putra LRT station near the Federal Highway, had already attracted leasing enquiries from local and international parties.

The PJ Exchange tower.

''Normally they will wait until the building is completed but we think there is pent-up demand for quality office. We are targeting aggressive new companies that are upgrading but we do not have many units to sell anyway because we are keeping 70% of the tower,'' he said during a media briefing here yesterday.

Sia said PJX was a Grade A glass facade office tower with 300,000 square feet net of lettable space built on 2.31 acres.

''Quite simply, it is one of the most inspiring architectural approaches of our era. PJX will be one of the most desirable office suites in Petaling Jaya as well as the Klang Valley when completed in 2009,'' he said.

Sia said the building, designed by ArchiCentre Sdn Bhd, combined contemporary design elements with modern architecture and world class finishing.

It features a three-level commercial podium housing large specialty shops, a highly advanced health club, recreational facilities, and a pool deck with food and beverage outlets.

Sia said SBC Corp, formerly known as Siah Brothers, built landmarks including the Empire Tower, Bank Negara building and the award-wining Menara Mesiniaga.

PJX is a joint-venture project between SBC Corp and Shah's Realty with the latter holding a 30% stake.

Source : The Star 24/3/2006