FRASERS Hospitality, the hospitality arm of property group Frasers Centrepoint. said yesterday that it will provide technical and advisory services for a ‘gold-standard’ serviced residence project in Kuala Lumpur.
The project, Fraser Place Kuala Lumpur, is in the Malaysian capital’s ‘Golden Triangle’, where most international banks, oil-and-gas companies and multinationals are based.
It is also within walking distance of the Petronas Twin Towers and the retail mall Pavilion KL.
Fraser Place Kuala Lumpur is owned by Malaysian-listed YNH Property.
The project is part of a mixed development comprising an office tower and a second tower with 217 studios, one-bedroom, two-bedroom and penthouse serviced residences.
Frasers said in a statement yesterday that when Fraser Place Kuala Lumpur opens in the third quarter of 2009, it will set a new standard for Malaysia’s extended-stay segment.
Every apartment has a separate bedroom, a fully-equipped kitchen with cooking implements, cutlery and a dishwasher, and a washer-dryer for clothes.
Guests can also make use of an all-day dining outlet, meeting and function rooms, fitness centre, and playground and playroom for children.
Frasers Hospitality chief executive officer Choe Peng Sum says the project will be ideal for expatriates working in Malaysia on medium- term projects, as it provides comfort, all-day-dining and even facilities for accompanying spouses and families.
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