Bangsar building comprising luxury serviced suites and hotel to be
ready within 4 years
KUALA
LUMPUR: Local property fledgling Keystone Land Developments Sdn Bhd says there
will be a new building of luxury serviced suites and hotel rooms in Bangsar via
partnership with Singapore-based Alila Hotels and Resorts.
The
new hotel, Alila Bangsar Kuala Lumpur, which links directly to the Bangsar LRT
station, will be set in The Establishment, an existing 50,000 sq ft property
acquired by Keystone at the time of its startup two years ago.
“This
is our maiden project which we are happy to operate with Alila Hotels given
their five-star ratings and our shared vision,” Keystone business development
director Joshua Chuah told a press conference yesterday.
Upon
completion in three to four years, The Establishment will be a 41-storey
development comprising 646 luxury serviced suites, six floors totalling 124
hotel rooms, a spa and several food and beverage outlets with a total gross
development value of RM450mil.
“Alila
Bangsar KL, being the first hotel offering from Keystone Land Developments,
will set a strong design statement for the hospitality business in Kuala
Lumpur. It will be an elegant event venue and a hip night spot ” Alila Hotels
and Resorts development VP Arjan De Boer said.
Construction
is scheduled to commence in May and complete within three to four years.
Alila
Hotels and Resorts, which has been in the industry for 11 years and has nine
hotels and resorts that are currently in operation in Bali and Jakarta in
Indonesia, Cambodia and Singapore.
Projects
under way include a resort in Dalit Bay in Kota Kinabalu, and others in India
and China.
“Fifteen
projects are currently in construction. By 2017, 22 hotels and resorts will be
in operation,” De Boer said. “We are looking to build hotels in Penang and
Langkawi.”
Source:
The Star
Date:
08 March 2013
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