Share
KUALA LUMPUR: Swiss-Garden International Sdn Bhd is looking to develop more hotels in Malaysia.
Its vice-president of business development, Lily Chiok, said the group was expecting fast expansion in the next three years.
The group was also looking to sign hotel management contracts, she said.
"Currently, we have one project in Butterworth which is Swiss-Garden Hotel & Residences and targeted to be ready in two or three years' time," Chiok said.
"We will implement the same concept for the Butterworth Swiss-Garden Hotel & Residences project to be in line with the Swiss-Garden brand label," she told reporters here on Tuesday, Aug 10.
Swiss-Garden Hotel & Residences Kuala Lumpur comprises 478 units of apartments ranging from 550 sq ft to 2,700 sq ft and is slated to be ready by early next year.
Its general manager, Rayan Komatt, said all the apartments unit had been sold with 80% of the buyers having already taken the guaranteed returns.
"Our buyers come from around the region like Singapore, Hong Kong, a few from Indonesia, and of course, from Malaysia," Komatt said.
"In terms of occupancy of the residences, we are targeting an average of 45% in the first year of operations," he said. -- Bernama
Its vice-president of business development, Lily Chiok, said the group was expecting fast expansion in the next three years.
The group was also looking to sign hotel management contracts, she said.
"Currently, we have one project in Butterworth which is Swiss-Garden Hotel & Residences and targeted to be ready in two or three years' time," Chiok said.
"We will implement the same concept for the Butterworth Swiss-Garden Hotel & Residences project to be in line with the Swiss-Garden brand label," she told reporters here on Tuesday, Aug 10.
Swiss-Garden Hotel & Residences Kuala Lumpur comprises 478 units of apartments ranging from 550 sq ft to 2,700 sq ft and is slated to be ready by early next year.
Its general manager, Rayan Komatt, said all the apartments unit had been sold with 80% of the buyers having already taken the guaranteed returns.
"Our buyers come from around the region like Singapore, Hong Kong, a few from Indonesia, and of course, from Malaysia," Komatt said.
"In terms of occupancy of the residences, we are targeting an average of 45% in the first year of operations," he said. -- Bernama
SHARE
.jpg?NwofudRrglwzEZaDYk9d0.bCdaGAsHfZ)
