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Tropicana holds regional launches

KUALA LUMPUR: Tropicana Corp Bhd has simultaneously launched Tropicana The Residences in Malaysia, Singapore, Taiwan, China, Indonesia, and Hong Kong on Saturday. 

The Malaysian launch — which featured a 3D projection mapping that showcased The Residences — was recognised by the Malaysia Book of Records as the biggest outdoor HD projection mapping screen in the country, while guests were also entertained by Malaysian singer Melissa Indot and fireworks.

“Tropicana The Residences prides itself on [being] the only swanky and luxury property located in Kuala Lumpur’s Golden Triangle. Seated on top W Hotel, this development is poised to become an iconic landmark,” said chief executive officer Datuk Yau Kok Seng during the launch at Marini’s on 57, which overlooks the project site. 

The 55-storey mixed-use development will come up on a 1.28-acre (0.51 hectare) freehold parcel next to Suria KLCC, which includes 355 units of The Residences’ fully-furnished units from levels 25 to 53.

Meanwhile, W Hotel will have 153 rooms from levels eight to 23 and will be managed by Starwood Hotels and Resorts Worldwide.

The Residences has a gross development value of RM800 million and is scheduled to be completed in 2017.

The luxury residences have built-ups of 710 to 2,973 sq ft, with prices starting from RM1.7 million or about RM2,500 psf. The Residences will be managed by Tropicana.

“It will offer four types of residences, where its clients will be treated to conceivable luxury and amenity including concierge and housekeeping services, and a home-care programme which is ideal for jet setters,” said head of marketing and sales Ung Lay Ting. 

The Residences will offer facilities like a salt-water infinity pool, forest-themed lounge, multipurpose area on the roof and hotel-like services such as concierge, laundry and dry-cleaning. 

According to the group, the project will have resource-and energy-efficient features in daily operations like powering lifts and other utilities.

“The Residences is also forecast to be a serious contender for expatriates who want to make an investment in Malaysia. With an increasing appreciation of capital in the designated area, analysts foresee that Tropicana The Residences will fetch a steady traffic of those wanting to rent a space with close proximity to neighbouring office areas that house global companies,” said the group in a press release. 

The development is designed by international architecture, interior design, urban planning and engineering firm Skidmore, Owings & Merrill who also designed the Dubai’s Burj Khalifa and New York’s One World Trade Centre. 

The Residences will be a two-minute walk to the Petronas Twin Towers, and near other premier commercial and shopping hubs, educational institutions, medical centres and other attractions such as the KL Tower, Chinatown, Central Market and KLCC Park.

 

This article first appeared in The Edge Financial Daily, on March 23, 2015.

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