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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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#15 ·
KLCC condo prices expected to double
By Sharen Kaur Published: 2008/03/01

LUXURY properties in the Kuala Lumpur City Centre, which cost around RM1,500 per sq ft now, could double in price once two new projects are launched this year, an industry executive said.

They are the six-star Four Seasons Hotel and Four Seasons serviced apartments and Millennium Residences.

“They are seen as the crème de la crème and will set a new benchmark pricing in the city area,” said Knight Frank Malaysia managing director Eric Ooi Yew Hock.

Four Seasons, which will be built near the Petronas Twin Towers for RM1.6 billion, is a project by Tan Sri Syed Yusof Tun Syed Nasir and the Sultan of Selangor, Sultan Sharafuddin Idris Shah.

Millennium Residences at Jalan Bukit Bintang, is being developed by City Developments (Malaysia) Sdn Bhd, which is part of Singapore’s Hong Leong group of companies for some RM500 million.

“Property prices in the Klang Valley have been boosted by foreign direct investments,” Ooi said on the sidelines of the 1st Malaysian Property Summit 2008 recently.

About half of the high-rise condominiums in the city centre were bought by foreigners and the trend is expected to continue, he said.

Prices of high-end condominiums in Bangsar, Sri Hartamas, Damansara Heights and Mont’ Kiara are also reaching 700 per sq ft to RM1,000 per sq ft.

“What the suburbs will do is to move beyond RM1,000 per sq ft to touch RM1,500 per sq ft this year,” Ooi said.
 
#26 ·
http://www.tallbuildings.ru/eng/news/122/

New «Millennium» Opens It’s Doors




The construction of a new tower, called Millennium Residencies’ is in full swing in Kuala Lumpur. It will sky-rocket to the height of 228 meters. The new tower is located next to the earlier built Regent Hotel. The project designarchitect is a renowned Carlos Ott, who envisages reconstruction of the hotel facades in a new conceptual and modern design too. The distorted facades of the Regent Hotel will be decorated in the same color palette, as the tower itself: golden, silver and dark-grey. Looking like a spaceship, the tower forms a crown on top, which opens a magnificent view of the city. Due to the chosen color palette, the facades made of glass and steel give to the tower an expressiveness and make it a bright spot on the Kuala Lumpur City sky-line. The contours of the tower are performed in dark-grey and steel hues, while the core is decorated with gold, which enhances the feeling of prosperity, typical of the interior finishing of the tower. During the day the tower will reflect the natural light, while in the evening its inside illumination will serve as a colorful beacon. This 44-storey tower will accommodate ‘de luxe’ apartments, hotel rooms, service spaces and parking. The project owner is City Developments Limited CDL. The construction is to be completed this year. The cost of living at the skyscraper has not yet been determined, but is expected to be high, since the site is located within the limits of a business center of Kuala Lumpur.
 
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