KUALA LUMPUR: Tan Sri Lee Kim Yew has wasted no time kicking off Country Heights Holdings Bhd’s (CHHB) expansion abroad after being made the group’s adviser. Already, the company has outlined plans to expand into China and Australia.
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| Tune Hotel on Jalan Tunku Abdul Rahman was previously Sentosa Hospital |
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| The new Zen space in Club Med’s Cherating village is anchored by an infinity pool that overlooks the Indian Ocean |
DESPITE the incursion in the eastern coast of Sabah earlier last year by an armed Filipino group, the state continues to experience an impressive double-digit increase in tourist arrivals.
In fact, Kota Kinabalu International Airport is the second busiest airport in Malaysia after Kuala Lumpur International Airport.
BANK NEGARA Malaysia’s policies to curb property speculation have been successful but they have also made it more difficult for genuine homebuyers to buy houses, says Raine & Horne International Zaki + Partners director Michael Geh.
KUALA LUMPUR: Consortium Zenith BUCG Sdn Bhd has been granted some nine acres of land (3.64ha) on Seri Tanjung Pinang 1 (STP1), worth RM305 million, by the Penang government to finance the cost of the initial feasibility studies and detailed design (FSDD) works in the RM6.3 billion Penang undersea tunnel project.
BAHAMAS: Bjarke Ingels Group (BIG) is designing a 175,000 sq ft condominium called The Honeycomb in the Bahamas.
HO CHI MINH CITY: Hoa Lam Shangri-La International Healthcare LLC (HLSL), in which Ireka Corp Bhd has a 68% stake through its London-based associate Aseana Properties Ltd, launched the City International Hospital (CIH) in Ho Chi Minh City, Vietnam, last month.The 320-bed CIH is the first private general hospital of international standard in Vietnam.
IPOH: ibis Styles Ipoh opened its doors in January, making it the first international hotel in town and its third in Malaysia, after ibis Styles Fraser Business Park and ibis Styles Cheras in Kuala Lumpur.“At ibis Styles Ipoh, we hope to cater for both business and leisure travellers,” said general manager Charanita Gill.
PENANG: Penang-based Ideal Property Group plans to launch two developments by mid-2014. The first is Solaria, a mixed-use project in the group’s RM1.2 billion One Residence development in Bayan Lepas and the second is the RM475 million Imperial Residences in Sungai Ara.One Residence sits on 100 freehold acres (40.5ha) and began construction in 2009. Solaria will be its latest launch.
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