Mortgage : RM 0 / mth
CALL FOR TODAY APPOINTMENT IBN Bukit Bintang, KL City IBN BUKIT BINTANG * CBD AREA * DUAL KEY LAYOUT * SMART HOME LIVING * MULTPLE TRANSPOARTING * FULLY FURNISHED * SKYLINE SERIVED APARTMENT * FREEHOLD * ESTIMATE COMPLETE 2022 * MALAYSIA'S TALLEST RESIDENTIAL TOWER AT KUALA LUMPUR * FULLY FURNISHED, smart home system * Nearby MRT Station pavillion station ,lot 10 mall ,sungai wang mall, , Pavillion Mall , Hotel Fortuna to be redeveloped into 5th tallest tower in KL KUALA LUMPUR: Landowner KKH Pavilion Development Sdn Bhd and IBN Corp Ltd are redeveloping Hotel Fortuna at Bukit Bintang into the fifth tallest building in the city centre. Bukit Bintang is part of the Kuala Lumpur's Golden Triangle of premium land. Five-star hotels, posh office spaces and luxury restaurants populate this area that stretches from Jalan Bukit Bintang, Jalan Pinang, Jalan Stonor, Jalan Conlay, Jalan Sultan Ismail and Jalan Ampang. IBN Corp is a wholly-owned subsidiary of Shenzhen ZRPZ Group. IBN Corp director Datuk Seri Michael Yang said the highrise will be built over three years at a cost of RM650 million. “This 68-storey building will comprise of service apartments and a 5-star hotel. The total built-up area will be 730,062 sq ft," Yang said at the ground breaking ceremony of “IBN Bukit Bintang” here today. "When this tower is completed, it will among the five tallest buildings in Kuala Lumpur. The gross development value of this block will be RM1.5 billion," he added. Yang assured all things are in order. “We've secured the development order from DBKL and we're waiting for the approval for the current building (Hotel Fortuna, which is no longer in operation) to be demolished," he added. IBN Corp should be able to secure approval to demolish Hotel Fortuna in six months, he added. On whether the neighbouring Pavilion mall owner has a stake in ownership in the land parcels which Hotel Fortuna sits on, KKH Pavilion Development director Datuk Seri Ricky Kok Kuan Hwa said: "No, I am 100 per cent the owner of this freehold land. I bought over Hotel Fortuna in 2014, after I purchased the neighbouring Izumi Hotel in 2011. "Tan Sri Desmond Lim Siew Choon is not involved in this project. KKH Pavilion Development has my initials and the word 'Pavilion' is generic. Anyone can use it," said Kok. Yang said IBN Bukit Bintang's freehold residential units is priced above RM2,000 per sq ft. "We see a good take-up, probably 70 per cent local buyers and the remaining from the Middle East, China and India," he said IBN Corp Limited is a wholly-owned subsidiary established in Hong Kong, focusing on overseas project development and industrial investment to serve the Group's rapid development. Adhering to the business philosophy of being honest, keeping innovating and constantly improving quality, IBN Corp Limited operates in the seven fields of development (IBN HIGHLAND SDN BHD, IBN LOVOCEAN SDN BHD, IBN MCC BERHAD, IBN GREENCITY SDN BHD), trade (PIN ZHENG TRADING (OVERSEAS) SDN BHD, BUMICO MANAGEMENT SDN BHD), property management (PIN ZHENG PROPERTY SDN BHD), services (IBN TOUR & TRAVEL SDN BHD, IBN CARE SDN BHD), hotel management (SUITESOTEL SDN BHD), infrastructure, and water and power supply in Southeast Asia, with focus on Malaysia, and has many branch offices in China, Singapore and Malaysia.The core projects of the Company include the IBN Highlands City project in Pahang State, Green City project in Selangor State, The Ocean of Love project in Kuantan, Genting Eco Park in Bentong, IBN Bukit Bintang – a high-rise project ranking top 5 in terms of height in Kuala Lumpur, etc.