Originally proposed in 2010 by the Malay real estate developer PNB. With the initial foundation and groundworks commencing in 2014, Merdeka 118 is set to be the second-tallest skyscraper in the world when it opens in 2023. Designed by the Australian architect Fender Katsalidis. Its unique and complex design building included a spire design with a distinctive irregular diamond-shaped façade.

This major project, as the name indicates, features a total of 118 usable floors, with the top floor reaching a height of 502.8 m. The total height of the structure, including the spire, tops at a total of 678.9m. The total gross floor area of the project, within its 118 floors, is around 292,000 sqm  (CTBUH, 2023) (Figure 1). The project will cost an estimated RM 5 billion, which equates roughly to 1.5 billion USD.