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Old March 11th, 2013, 03:45 PM   #1
davidwsk
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KUALA LUMPUR | Harrods Hotel & Residences | 220m+ | 55 fl+ | 30 fl x 3 | U/C

Quote:
Originally Posted by davidwsk View Post
Qatar Plans Harrods Hotels in NYC, Paris

Qatar Holding has recently signed an agreement with Jerantas, a Malaysian company in order to start building a ‘Harrods’ hotel in Kuala Lumpur’s prestigious Bukit Bintang shopping district. In a statement released by Qatar Holding, they announced their plans to establish a hotel management company in order to develop similar projects in the world’s most prestigious cities.


http://ipstiq.com

Kuala Lumpur was the first city chosen for this tremendous project as it is a place with a ‘growing economy’ as described by Qatar Holding vice chairman Hussain Ali al-Abdulla. Construction on the estimated £406 million project is slated to start in a year, on the 5.5-acre site in Kuala Lumpur and is expected to consist of a 300+ room hotel, luxury apartments and retail space for prestigious shops.

http://elitedaily.com/elite/2012/qat...els-nyc-paris/


Quote:
Originally Posted by nazrey View Post
Construction of the hotel and integrated development is expected to begin by year-end. The seven-star Harrods Hotel in Malaysia is expected to be the first to open worldwide, with the other two Harrods Hotels in London. UK and Costa Smeralda, Italy, to open soon after.



Integrated development: (from left) Tradewinds Corp group chief executive officer Shaharul Farez Hassan, Jerantas corporate representative Tan Sri Abdul Aziz Ismail, Federal Territories and Urban Wellbeing Minister Datuk Raja Nong Chik Raja Zainal Abidin, Hussain Ali and chief secretary to the Goverment Datuk Seri Dr Ali Hamsa at the ground-breaking ceremony of Harrods Hotel in Kuala Lumpur.
http://biz.thestar.com.my/news/story...&if_height=202
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Old March 11th, 2013, 03:47 PM   #2
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30 January 2013
Qatar firm to invest RM30b in five years


KUALA LUMPUR: QATAR Holding LLC will invest more than US$10 billion (RM30.7 billion) in various projects in Malaysia over the next five years.
Its vice-chairman, Dr Hussain Ali Al- Abdulla, yesterday said more than US$5 billion would be invested in real estate development, hotel chain expansion and other industries, including banking, in Malaysia.

It also plans to invest in mainly petrochemical projects, with investments expected to exceed US$5 billion. These investments will include the Pengerang Integrated Petroleum Complex in Johor and the Harrods Hotel.



More: http://www.nst.com.my/top-news/qatar...#ixzz2JPs0saKi

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Old March 11th, 2013, 03:47 PM   #3
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Nice Model


http://www.lipstiq.com/2013/01/29/fi...-kuala-lumpur/
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Old March 11th, 2013, 03:48 PM   #4
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RM1b Harrods Hotel KL to open its doors in 2018


By Sharen Kaur

Published: 2013/01/30

SEVEN-STAR: It will have more than 30 floors and feature 250 to 300 rooms


TRADEWINDS Corp Bhd and Qatar Holding LLC will jointly develop the world's first Harrods Hotel in Malaysia, which is estimated to cost around RM1 billion.

Qatar Holding, which owns Harrods Group, also has on the drawing board to build Harrods Hotels in London and Italy.

The seven-star Harrods Hotel Kuala Lumpur, which will have more than 30 floors, will feature 250 to 300 hotel rooms and several floors for serviced apartments and retail space.

Two other luxury hotels under construction or being planned in Kuala Lumpur are St Regis at KL Sentral and the 65-storey Four Seasons Place near the Kuala Lumpur City Centre.


Read more: RM1b Harrods Hotel KL to open its doors in 2018 http://www.btimes.com.my/Current_New...#ixzz2JPuHhwjT



http://thestar.com.my/metro/story.as...38&sec=central
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Old March 11th, 2013, 03:49 PM   #5
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Quote:
Originally Posted by rizalhakim View Post
The World's First Harrods Hotel To Open In Kuala Lumpur
http://www.hotelchatter.com/story/20...n_Kuala_Lumpur

What's better than a Harrod's store inside a hotel? How about an entire Harrod's-branded hotel?

That's what Qatar Holding—the luxury department store's new owners as of 2010—have in mind, and they're certainly not wasting any time. Construction will start next year on the world's first Harrod's hotel in Kuala Lumpur, in the Bukit Bintang shopping district, says Bloomberg.

The building will house 300 hotel rooms, apartments, and, of course, retail outlets—most likely full of stuff we couldn't afford back in London and probably still won't be able to afford. But it's still fun to look!

Qatar Holding has long-term plans to open Harrod's hotels in London, New York, Paris, and Sardinia. And if that last one has you scratching your head, it's because Sardinia's Costa Smeralda in fact belongs to the company. And for now, the idea is to develop hotels only on land they already own.

The 5.5-acre site in Kuala Lumpur was chosen because the company feels Malaysia's economy is growing. And if anyone pays attention to the economy, it's these guys. Bloomberg reports that Qatar Holding paid $2.3 billion for the Harrod's enterprise, and invested $2.8 billion in Agricultural Bank of China Ltd.'s initial public offering last year. Guess it's true what they say: money does make the hotel world go 'round.

Not too many details are known about the innards of the first Harrod's hotel (well, heck, they still have to build the thing), but we're expecting something pretty classy—Qatar even stated they want Harrod's to become "a global enterprise that defines the luxury retailer and leisure sectors." Mission on its way to being accomplished.



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Originally Posted by guy4versa View Post
Construction jobs for Harrods Hotel in KL awarded in H2 this year
By Wong Wei Shen



KUALA LUMPUR: The construction contracts for the Harrods Hotel here are expected to be awarded in the third or fourth quarter of 2013.

Estimated cost for hotel for the hotel and the integrated development is expected to be RM2bil.

In July 2012, StarBiz reported Malaysia could be home to the world's first Harrods Hotel under a RM2bil collaboration between Qatar Holding LLC and Jerantas Sdn Bhd.

The project, located on a 5.48-acre land between Jalan Raja Chulan and Jalan Conlay, would be one of the world's first three Harrods Hotel chain to be built. The other two on the drawing board would be in London and Italy.

The development would be a one-structure building housing the seven-star hotel, serviced apartments and some retail space. The hotel is designed to have 250 to 300 rooms but the capacity of the serviced apartment has not been decided.

Both Qatar Holding and Jerantas will fund the project evenly, with construction work slated to commence a year from now. Jerantas would be the sole developer.
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Old March 11th, 2013, 03:50 PM   #6
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Quote:
Originally Posted by patchay View Post
Ground Breaking Ceremony
Harrods Hotel & Residences Kuala Lumpur



Price averaged between RM2,800-RM3,200 per sq ft onwards.


Harrods Kuala Lumpur will consist of 4 towers:

- 1 hotel & residences and a Harrods departmental store podium which will be connected to PAVILION KL,

- 1 supertall office tower (60 to 70 floors) and

- 2 luxury condo towers







Harrods Hotel part of RM30 billion Qatar investment confirmed for Malaysia today
The Star | Jan 29, 2013
http://www.starproperty.my/index.php/artic...laysia-by-qatar

Due to sit on the land off Jalan Raja Chulan that is now occupied by the Seri Melayu restaurant and Chulan Square (which are slated to be demolished), the new Harrods Hotel mixed development recently broke ground (today actually) and is due to be completed by 2018.

Besides the hotel, the project comprises two residential towers with apartments, an office building and a retail podium, with direct connectivity to Pavilion mall.

The link is not just physical. The mixed development is a joint venture between Tradewinds Corporation Bhd (controlled by Tan Sri Syed Azman Mokhtar), the Pavilion Group (controlled by Malton Bhd’s Datuk Desmond Lim, among others), and Qatar Holding LLC (controlled by Qatar’s sovereign wealth fund). The latter two were also owners of Pavilion mall before it was listed as part of the Pavilion REIT.

Qatar Holdings bought out London’s famous Knightsbridge shop from Egyptian Mohamed Al-Fayed in 2010. Since then, the new owners have aimed for Harrods to become a “global enterprise that defines the luxury retail and leisure sectors”.

The company in fact already has stakes in several luxury companies, including French conglomerate LVMH Moet Hennessy Louis Vuitton, US jeweller Tiffany and German car maker Porsche.

Since the credit crunch of 2008 and 2009, Qatar’s sovereign wealth fund has become the world’s global banker of sorts, having also picked up shares in British bank Barclays, British supermarket Sainsbury’s, and US film studio Miramax, among others.

Qatar decided for Malaysia to house one of the world’s first three Harrods hotels because of the country’s good investment environment and because Malaysia gets up to 25 million tourists every year, said Qatar Holding LLC vice chairman Dr Hussain Ali Al-Abdullah at the recent groundbreaking ceremony. Qatar plans to invest a total of US$10bil (RM30bil) into the country over the next three to four years. Around half of this will be pumped into Johor’s petrochemical hub in Pengerang, he said. Qatar was also a cornerstone investor in Felda Global Ventures, injecting US$100mil (RM300mil) into the listing.

Asked on whether this money would continue to be invested into the country if the government were to change in the next general elections, Dr Hossein said, ““We love Malaysia and we love the people of Malaysia so we will always invest in Malaysia.”
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Old March 11th, 2013, 03:51 PM   #7
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Old March 11th, 2013, 03:57 PM   #8
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Old March 11th, 2013, 05:13 PM   #9
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Rise of the Kuala Lumpur branded residences

By Pauline Ng
The Business Times
Saturday, Mar 02, 2013

Expect a new style to residential living in Kuala Lumpur in the coming years, given the number of branded residences in the property construction pipeline.

St Regis, Four Seasons, Ritz-Carlton, Banyan Tree, Harrods - all international brand names, well-known and trusted by the well-heeled, are soon to be established in the Malaysian capital.

Take the Four Seasons Place, co-owned by Singaporean tycoon Ong Beng Seng and his Malaysian partners Syed Yusof Syed Nasir and Selangor Sultan Sharafuddin Idris Shah.

Media reports say the 231-room Four Seasons hotel will price its 242 private residences at between RM2,500 psf (S$998) and RM3,500 psf.

A groundbreaking ceremony was held last month for the 65-storey building, coming up next to the prestigious Petronas Twin Towers in the city's most expensive KLCC area.

But because of a five-year delay, Four Seasons Place will be completed only in 2016, giving the KL Sentral-located St Regis Kuala Lumpur a two-year headstart as the city's first branded residence.

Launched in 2011, 65 per cent of St Regis' 160 apartments (sized between 820 sq ft and 4,253 sq ft) have been taken up, its buyers - mainly Malaysians - paying upwards of RM2,500 psf.

"We are targeting the really high net-worth group," remarked Carmen Chua, chief executive of One IFC Sdn Bhd, the developer of the international hotel-managed branded residence.

Even so, the pricing is arguably among the lowest for a branded residence of that class given St Regis and Four Seasons' insistence on consistency in quality, standards, and security across their establishments.

Ms Chua said that One IFC pays 5 per cent of gross sales to St Regis for its support and services. But by the same token owners can expect an average 30 per cent premium in capital value and rental because of the bespoke nature of the establishment.

"If you run out of milk at 3am, you can call up the hotel and it will send some up to you," she assured, quick to stress that not all branded residences provide this level of service.

For example, some are not even attached to a hotel or managed by one.

Some developers have taken to combining some of the aspects of branded with serviced residences.

For instance, Eastern & Oriental's 200-suite E&O Residences will form part of its 457-unit St Mary Residences in Kuala Lumpur.

Another developer, Ireka, has indicated it will team up with Urban Resort Concepts (URC) for its upcoming The Ruma Hotel & Residences.

URC operates the PuLi hotels which has its flagship in Shanghai, and will manage the Kuala Lumpur establishment as well as market it overseas in places such as China, Hong Kong, Singapore and Indonesia, according to Ireka senior vice-president of sales & marketing Judy Loo.

More: http://www.asiaone.com/News/Latest%2...-405627/3.html
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Old March 11th, 2013, 05:23 PM   #10
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Looks good, seems like a very small site. Squeezed between Jalan Conlay and Jalan Raja Chulan.
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Old March 19th, 2013, 12:24 PM   #11
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Quote:
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Old April 21st, 2013, 12:11 PM   #12
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20130419_172702 by atifnadzir, on Flickr
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Old April 24th, 2013, 12:44 PM   #13
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Originally Posted by D_Y2k.2^ View Post
Hoarding up!
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Old May 2nd, 2013, 06:29 PM   #14
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Originally Posted by reka-tropics View Post
2/5/2013
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Old May 2nd, 2013, 06:31 PM   #15
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May 2, 2013

Quote:
Originally Posted by dengilo View Post



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Old May 19th, 2013, 01:07 PM   #16
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19-May-2013

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Update:
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Old May 19th, 2013, 06:21 PM   #17
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20130518_182715 by atifnadzir, on Flickr
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Old June 3rd, 2013, 12:26 PM   #18
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June 3rd, 2013

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Old June 5th, 2013, 04:25 PM   #19
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June 5th, 2013

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Old June 7th, 2013, 06:53 AM   #20
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can't wait to see this rising.
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