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.”
By The Star Online