PETALING JAYA (July 20): Marriott International Inc and Iconic Group have signed an agreement to introduce the Courtyard by Marriott brand to Penang mainland through the rebranding of the existing Iconic Hotel Penang into Courtyard by Marriott Penang Icon City.
KUALA LUMPUR (June 6): Property developer Yong Tai Bhd (KL:YONGTAI) has applied for a fourth six-month extension to submit its draft circular for the proposed RM160 million sale of Courtyard by Marriott Melaka, nearly two years after the deal was announced.
PETALING JAYA (Feb 27): Berjaya Property Bhd, formerly Berjaya Land Bhd, is repositioning itself towards the ultra-luxury segment, underpinned by confirmed take-up rates at its premium domestic projects and a US$1.
PETALING JAYA (Feb 10): Berjaya Land Bhd, a subsidiary of Berjaya Corporation Bhd, has opened a new sales gallery for its Jesselton Courtyard residential development in Jesselton Selatan, Penang.
SINGAPORE (Jan 14): Jesselton Courtyard, a freehold residential development in Penang will be launched for sale to Singapore buyers at an event hosted by Savills Singapore during the weekend of Jan 17 and 18.
George Town has long been a coveted address.
The selling price of RM160 million of the hotel represents a discount of 5.
Courtyard Homes will have a built-up size from 6,649 sq ft and the selling price starts from RM6.
The 278-key hotel features standard and deluxe rooms, one-bedroom suites and presidential suites.
The disposal was arrived at a willing buyer-willing seller basis and will generate surplus cash of approximately RM80.
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