Four Seasons to open
in KL
PETALING JAYA: The
Kuala Lumpur City Centre’s (KLCC) collection of superlatives is growing with
the launch of the Four Seasons Place tomorrow. Sited on just slightly more than
1 hectare, the new addition to that area is set to change the city’s skyline.
The iconic brand, synonymous with luxury and prestige, will launch its
Malaysian chapter tomorrow.
Located beside the Petronas Twin Towers and fronting Jalan Ampang, the
hotel, serviced residence and retail concept will occupy 1.4 million sq ft of
space, of which about 238,000 sq ft, or 20%, is expected to be allocated for
luxurious retail, a source said.
The 65-storey Four Season Place will be the second highest building in
the KLCC vicinity after the 88-storey high Petronas Twin Towers. Menara Maxis, which is
adjacent to it, is 49 storeys high. The serviced residences, marketed by
property portals at between RM2,500 and RM2,800 per sq ft, will also be among
the highest on a per sq ft basis in the Klang Valley.
The new design will be launched by Prime Minister Datuk Seri Najib Tun Razak. It will be the first Four
Seasons Place in South-East Asia, and the third in the world.
It is being built by Venus Assets Sdn Bhd, a firm controlled by
Ipoh-born tycoon Ong Beng Seng, Tan Sri Syed Yusof Tun Syed Nasir and Selangor’s Sultan
Sharafuddin Idris Shah.
Ong currently owns Four Seasons resorts in Bali,
Singapore and the Maldives, via his controlling stake in Singapore-based Hotel Properties Ltd while Syed Yusof, or JoJo as
he is fondly known, has carved his name and fortune via his ventures in
property and the entertainment industry.
He has brought in international artistes such as
Michael Jackson, Kenny G, Ricky Martin and Linkin Park to Malaysia via his
company Jojo Entertainment. He is also a close confidant of the Selangor Sultan
and handles the business interest of the royalty. Both of them own six hotels
in the country under the Concorde Hotels & Resorts and Casa Del Mar banner
(in Langkawi). Also under their wings are the Hard Rock Café and Planet
Hollywood chain of restaurants.
The Four Seasons Place was first approved in 2007,
but the development was shelved when worsening economic conditions triggered a
global meltdown in the financial world, coupled with the project going back to
the drawing board.
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