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KUALA LUMPUR | Elite Pavilion | 230m | 50 fl | Com

98K views 183 replies 51 participants last post by  Oasis-Bangkok 
#1 ·
source http://200.124.202.19/ott/ott.html

From CARLOSA.OTT ARCHITECT








World renown architect Carlos Ott



An artist’s impression of the convex iconic structure,
Millennium Residence, beside Grand Millennium hotel



High-end condo beside Grand Millennium hotel

SINGAPORE tycoon Kwek Leng Beng will be building a 42-storey high-end condominum next to his Grand Millennium Hotel. The convex golden steel and glass structure will be located next to the newly refurbished Grand Millennium, along Jalan Bukit Bintang and will have an additional 15-storey crown.

“It will be iconic and special,” says Kwek.

Known as Millennium Residence, the project will be developed by City Developments (Malaysia) Sdn Bhd, with its headquarters in City Developments Ltd (CDL), which is part of Singapore’s Hong Leong group of companies.


World renown architect Carlos Ott
CDL developed The Sail @ Marina Bay, The Oceanfront @ Sentosa Cove, One Shenton and St Regis Residences, Singapore. The company has built more than 20,000 luxury homes and today manages close to five million sq ft of lettable commercial and residential space in Singapore and the region. CDL has a presence in over 20 countries with over 250 subsidiaries in five companies listed on the stock exchange of Auckland, Hong Kong, London, Manila and Singapore.

The last several years, developers from Singapore have been buying up land or entering into joint ventures to build high-end luxury condominiums in the Klang Valley.

Having been in the real estate for four decades, he is building his first condominium in Malaysia.

“We have a lot of properties and land bank in Singapore. We are in the country we know best. Today, it is not so much about financial resources. If you are a good company, you can get all the financial resources. It is about talent. Our policy is to put the best people we have in the place they know best. If you are doing very well in your hometown, that is wonderful.

“My strategy in the hotel industry is the same. I have people who want to buy my hotels. I have been operating as a hotelier for so many years and with the appreciation of land, now is the time to unlock value. And the trend today is a combination of hotel and serviced apartment, with the hotel providing the service. We are in a position to do that with Millennium Residence. In short, we remain at the forefront of the industry. And we see some international chains following us.”


An artist’s impression of the convex iconic structure, Millennium Residence, beside Grand Millennium hotel
Kwek personally saw to the design, which is by world renown architect Carlos Ott whose work includes Opera de la Bastille in Paris, the National Bank of Dubai in the United Arab Emirates. His more recent masterpieces include One Shenton and The Solitaire and the Cliveden in Grange luxury apartments in Singapore.

Millennium Residence will complement the hotel both in terms of architecture and colour. The exterior will be gold, with lots of glass and steel and it will have a total of 135 units with one, two and three-bedroom units. It will be launched the first half of next year.

The pricing has not been decided but it will be around RM1,800 per sq ft. Demand is expected to be good because of its location and despite the more than 20-over condominium projects (totalling 5,000-odd units) that will be launched next year.

“There will be a market for this, because of its location. The quality will be there,” says Kwek.

The units will be fitted out with Bravat sanitaryware, Hansgrohe fittings from Germany, Legrand lighting control system from France. The kitchen features German brands including Miele cooker hood and hob, build-in oven, Bosch refrigerator, washing machine and dryer.

“We will give value for money and buyers will be happy. I have three funds who want to buy en bloc. I also know long-staying guests who are interested. Even if there are 8,000 units in Kuala Lumpur, there will be demand because of this location.”

Kwek says the concept of apartments serviced by a fine hotel is currently very popular in Singapore.
 
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#62 ·
Tuesday, 2 April 2013


Pavilion KL developer to build RM800mil tower block



Link path from Pavillion to Harrods Hotel: Walkway similar to Orchard Road said to be planned by Lim.


PETALING JAYA: Urusharta Cemerlang (KL) Sdn Bhd, the developer of Pavilion Kuala Lumpur, has started work on the piece of land it bought for a record RM7,209 per sq ft three years ago, to put up a 50-storey block consisting of 39 floors of residential units and 10 floors of retail space, according to a source.

The whole development will have a gross development value of RM800mil, with the residential units priced from around RM2,000 per sq ft. The retail portion is not for sale, and will be leased out, the source added.

The source also said the retail space would have a net lettable area of 225,000 sq ft while the residential portion would have a net saleable area of 310,000 sq ft. The residential units of this yet-to-be-named development will range from 700-1,200 sq ft.

“The residential units are expected to be launched by year-end, and there are ready buyers. This development will be directly connected to Pavilion KL and Fahrenheit 88 (a shopping mall in Bukit Bintang, KL),” said the source.

The land for this project measures 29,127 sq ft and is situated between Pavilion KL and the Grand Millennium Kuala Lumpur hotel.

Urusharta Cemerlang is said to be controlled by Datuk Desmond Lim Siew Choon, who is said to have big plans to transform the Pavilion KL mall stretch right up to Chulan Square and the Seri Melayu Restaurant into a new “Orchard Road”.

Lim is also behind the development of the Banyan Tree Signatures Pavilion residences and the upcoming Harrods Hotel, which is expected to be launched next year.

This would ultimately mean that Lim will control an enormous piece of development stretching from Fahrenheit 88 to Seri Melayu.

The source said Lim planned to create a walkway that would connect Pavilion KL, Fahrenheit 88, Banyan Tree Signatures and Harrods Hotel and transform it to a vibrant retail street.

“Lim was very encouraged by the overwhelming sales of Pavilion Banyan Tree. It recorded close to a 100% take-up rate for the 441 units launched. While the average selling price for Banyan Tree was RM2,000 per sq ft, it even managed to transact at a record RM3,000 per sq ft for one of the smaller units,” said the source.

Lumayan Indah Sdn Bhd is developing Banyan Tree Signatures on 1.46 acres at the junction of Jalan Conlay and Jalan Raja Chulan and is opposite Pavilion KL. Qatar Holding LLC is said to have a 49% stake in Lumayan Indah, while Lim holds the remaining 51%.

Meanwhile, the Harrods Hotel will be located right between Pavilion KL and Banyan Tree Signatures.

In 2010, Lim caused a sensation when he paid a record RM7,209 per sq ft or RM210mil for the tiny parcel of land next to Pavilion KL mall.

The land was acquired by Urusharta Cemerlang from CDL Hotels (M) Sdn Bhd, a unit of London-based Millenium & Copthorne Hotels plc.

Millenium & Copthorne is a company controlled by Singaporean billionaire Kwek Leng Beng through his 53% stake in Singapore-listed property and hotel group City Developments Ltd.

With the “Orchard Road” plan unveiled, it begins to make sense why Lim forked out such a hefty sum for that tiny piece of land back then.

More: http://biz.thestar.com.my/news/story.asp?file=/2013/4/2/business/12914825&sec=business
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#73 ·
24-May -2013

Pavilion Kuala Lumpur Mall & Extension








Duplexes:

Miu Miu - Aigner - BOSS Hugo Boss - Burberry - Michael Kors - Montblanc - FENDI - Salvatore Ferragamo - Gucci - Prada - Bvlgari - Chopard - Versace - Ermenegildo Zegna - Hermes




Non-Duplex 2nd Floor:

Brooks Brothers - Emilio Pucci - The Hour Glass - Bally - Tiffany & Co. - Celine - Yves Saint Laurent - Giuseppe Zanotti - Bottega Veneta - Mikimoto




Non-Duplex 3rd Floor:

Coach - Ralph Lauren - Marc by Marc Jacobs - Swarovski - TAG Heuer - L'Occitane - Longchamp - BCBG Maxazria - Shanghai Tang - IWC Schaffhausen - Rolex - Club 21 Kuala Lumpur - Diane Von Furstenberg - La Putri - MaxMara (relocated)




Permanent Kiosk:

Pandora - Annick Goutal - Judith Leiber - Godiva Chocolatier - TWG Tea Saloon - Bell & Ross
 
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