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Old July 19th, 2009, 07:21 AM   #221
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According to the recent news, they approved to a single 65 storeys just last March 2009! (see above post # 218) from the earlier proposed 2 towers of 60, 35 storeys!
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Old July 19th, 2009, 11:12 PM   #222
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Starwood in talks for more hotel investments in Malaysia
By Vasantha Ganesan Published: 2009/07/20

STARWOOD Hotels and Resorts Worldwide Inc, which operates hotel brands like Sheraton, Westin and Le Meridien, is in talks with several parties for new hotel openings in Malaysia.

The group, which is bullish about the future of the local hospitality industry, is in various stages of negotiations to expand its footprint in the country.

Its on-going talks could result in the group having representations outside the prime locations of Kuala Lumpur and Langkawi.

"We are in serious discussion with six parties for not only Langkawi and Kuala Lumpur, but also secondary states," director of acquisition and development for Starwood Asia Pacific, Rajit Sukumaran, told Business Times in an interview.

The group hopes to expand its brands to include Penang, Malacca and the Iskandar Development Region in Johor.

"We are constantly expanding and our development mantra is the 'right partner, right place and right positioning'," he said.

The brand best suited for the location will be used, even if the brand is already in the locality nearby.

Starwood has nine hotel brands including Four Points by Sheraton, The Luxury Collection, St Regis, W Hotels and a loft.

When asked why Starwood is keen on Malaysia when hotels rates here are said to be one of the lowest in the world, Rajit said: "We see hotels as a long-term investment. Year-on-year there is growth in tourist arrivals. We are bullish about Malaysia especially the hospitality industry."

Today, Starwood operates eight hotels in Malaysia with a total room inventory of 2,800. These hotels include Le Meridien Kota Kinabalu, Le Meridien Kuala Lumpur, Sheraton Imperial Kuala Lumpur, Sheraton Langkawi Beach Resort, The Westin Kuala Lumpur, The Westin Langkawi Resort & Spa and Four Points by Sheraton Kuching.

[B]The Starwood family in Malaysia is set to grow with two new confirmed openings - the 300-room Four Points by Sheraton Sandakan, Sabah in 2011 and a 200-room luxury category The St Regis Kuala Lumpur in 2014.

Starwood, Rajit said, is confident that Malaysia has a market for a luxury brand like St Regis.

When the hotel opens, it will join at least two other luxury brands which are scheduled to open at an earlier date - Four Seasons Place in Kuala Lumpur and The Raffles Kuala Lumpur.

"There are quite a few luxury brands coming into the market ... with the right opportunity and location given, our (St Regis') rates will be comparable with our competitors," he said.

Worldwide, the Starwood group operates 950 hotels in 100 countries with a total room inventory of 287,000.
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Old July 31st, 2009, 09:24 PM   #223
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Syed Yusof builds a niche
By Sharen Kaur Published: 2009/08/01

Businessman Tan Sri Syed Yusof Tun Syed Nasir is returning to property development and building niche properties for high net worth people.

Syed Yusof, or JoJo as he is fondly known, the third child of the late Tun Dr Syed Nasir Ismail, Malaysia's first Parliamentary Speaker, is in the midst of evaluating several pieces of land to buy.

"My partners and I have been approached by landowners. We are looking at it," Syed Yusof told Business Times in a rare interview.

Syed Yusof's maiden property venture was Pandan Cahaya, an abandoned low-cost housing project in Pandan Jaya, Kuala Lumpur, which he took over just after the Asian financial crisis in the early 1980s.

"The project was a challenge, but I found property development an interesting field," he said.

The 62-year-old businessman, who is married with three children, loves expensive cars, Harley-Davidson motorcycles and all things beautiful that captivate the rich and famous.

But his real passion is to own and operate a string of boutique hotels, resorts and themed cafes, and develop niche housing.

For this, he has partnered Malaysian-born tycoon Ong Beng Seng, 64, who was last year voted as Malaysia's 14th wealthiest businessman with a net worth of US$470 million (RM1.6 billion). The minimum net worth to make the list is US$90 million (RM317 million) and Syed Yusof was also voted in after cashing out of Southern Bank Bhd in 2006 and making new investments.

Today, the flamboyant tycoon with his striking pair of spectacles partly owns 10 hotels and resorts in Malaysia, Bali, Pataya and the Maldives.

They include Concorde Hotel Kuala Lumpur, Concorde Shah Alam, Concorde Inn Sepang, Concorde Singapore, Hard Rock Hotels in Bali and Pataya, The LakeHouse in Cameron Highlands, Rihiveli Beach Resort in Maldives and Casa Del Mar, Langkawi.

The properties are parked under HPL Hotels & Resorts, a unit of Hotel Property Ltd Group (HPL Group) controlled by Ong.

New developments include a boutique hotel known as Casa Del Rio in Malacca, and Malaysia's first Hard Rock Hotel in Penang.

Syed Yusof, who was not exactly born with a silver spoon, graduated with an economics degree from the University of Tasmania in Australia in 1975.

He joined Petroliam Nasional Bhd in 1976, handling various management positions before calling it quits in 1983 to become an entrepreneur.

Syed Yusof was toying to build houses when he came across the Pandan Cahaya development.

Following that, he formed Prima Damansara Sdn Bhd to build shoplots, medium-cost apartments and 800 low-cost houses in Sungai Buloh, Selangor.

He was awarded a Datukship in 2002 by the Selangor ruler, Sultan Sharafuddin Idris Shah, and Tan Sri in 2007 by His Majesty Seri Paduka Baginda Yang di-Pertuan Agong Sultan Mizan Zainal Abidin.

Syed Yusof helmed Southern Bank in 2004 and in the same year made a move to go up a notch and set up Sierra Damansara Sdn Bhd to construct exclusive gated bungalows and semi-detached houses in the sought-after Kota Damansara enclave.

He is now planning the RM2 billion six-star Four Seasons Hotel, serviced apartment and mall project next to the Petronas Twin Towers, via ISY Holdings Sdn Bhd, a firm he set up with the Sultan.

Syed Yusof is a long-time childhood friend of the Sultan. Their fathers were also friends.

In Australia, Syed Yusof said he owns seven Dome Cafes and has property development activities.

"I'm always on my toes but I manage my time well. I start my day at the gymnasium and when I'm at work, I am full fledged. I love the islands and yachting and that is what I do when I need a break. Otherwise, I would travel between Malaysia, Australia and Singapore," Syed Yusof said.

Syed Yusof is currently the chairman of pipemaker YLI Holdings Bhd and he has a stake in investment bank K&N Kenanga Bhd.

He owns Saloma Theatre Restaurant on Jalan Ampang, Kuala Lumpur and has interest in the Hard Rock Cafe and Planet Hollywood restaurants, where he is looking to expand.

Syed Yusof also runs Jo-Jo Entertainment, which has brought in international stars like Michael Jackson, Gloria Estefan, Kenny G and Sting to Malaysia.
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Old August 29th, 2009, 05:04 PM   #224
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Rendering
by Victor18

image hosted on flickr
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Old February 3rd, 2010, 02:59 PM   #225
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Four Seasons KL may rope in MidEast partner
By Vasantha Ganesan Published: 2010/02/02



A Middle Eastern consortium may become the partner for the RM2.5 billion Four Seasons Place Kuala Lumpur, which will occupy a site next to the Petronas Twin Towers.

Sources said the group is one of the largest investors in the Gulf region and it is now in talks with project developer Venus Assets Sdn Bhd.

The project has been delayed because of minor changes and the fact that Venus Assets has had a lot of suitors.

One source denied that the developer - owned by Tan Sri Syed Yusof Syed Nasir, the Sultan of Selangor and Ipoh-born tycoon Ong Beng Seng - was having financing problems and said that half a dozen prominent suitors had approached Venus Assets for tie-up talks.

"Venus Assets has one chance to get it right and wants no stone to be left unturned, and for it to be a perfect development that can enhance the Kuala Lumpur skyline and the property market," the source added.
In fact, the Gulf investors came into the picture after talks with state investment agency Khazanah Nasional Bhd ended.

It is believed that Khazanah had wanted 30 per cent ownership, a stake that would be worth about US$60 million (RM205 million).

Officials from Venus Assets could not be reached for comment.

Venus Assets is owned by Venus Pacific Sdn Bhd.

Venus Pacific is 30 per cent owned by ISY Equity Sdn Bhd, a company controlled by Syed Yusof and the Sultan, while the balance is held by Attesa Investment Ltd, which is controlled by Ong and partner.

Previously, it was speculated that the Kingdom Group, the vehicle of Saudi Arabian Prince Alwaleed bin Talal bin Abdulaziz Alsaud, was supposed to have taken a stake in Venus Assets.

However, that did not happen.

There was also talk that Venus Assets had spoken to KLCC Property Holdings to possibly build a twin towers development on a larger piece of land.

That, too, did not materialise.

Business Times reported in November last year that the completion of the hotel might be delayed as the developer was in the process of getting a new partner. Venus Assets was said to be undergoing an internal restructuring of its shareholding.

Minor changes to the 65-storey building - comprising a hotel, apartments and a retail area - were also said to be cause for delay.

Venus Assets bought the prime 1.05ha site for RM90 million in 2003 from the estate of the late Khoo Teck Puat, the former major shareholder of Standard Chartered plc.
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Old February 25th, 2010, 09:52 AM   #226
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found this!

http://www.aconex.com/Clients/Aconex...r-Seasons.html



Four Seasons Place - Kuala Lumpur, Malaysia

Aconex is providing its online collaboration solution to the Four Seasons Place, Kuala Lumpur.

The 65-storey, 320m-high tower includes a 240 room Four Seasons Hotel & Service Apartments development, 140 luxury condominiums, and 150,000 sq ft of retail space. The entire project will be completed in one phase, and will be managed by Four Seasons Hotels and Resorts, Canada.

The 2.6 acre site is situated adjacent to the Kuala Lumpur City Centre (KLCC). The sleek and futuristic building will complement the adjacent Petronas Twin Towers, enhance the Kuala Lumpur skyline and offer panoramic views of the 50 acre KLCC Park.

Developer
Venus Assets Sdn Bhd
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Old February 26th, 2010, 03:53 AM   #227
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Can move this thread to Supertalls!!!!
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Old February 28th, 2010, 08:33 PM   #228
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Quote:
image hosted on flickr
Four Seasons Place

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Old February 28th, 2010, 09:56 PM   #229
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Wow i sometimes hardly can see the difference between the renders and the normal updates. Very beautiful.
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Old February 28th, 2010, 10:37 PM   #230
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what normal update ?? ...the construction to this tower has not started
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Old February 28th, 2010, 10:57 PM   #231
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I mean the construction Site updates, with the petronas towers on it.
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Old February 28th, 2010, 11:25 PM   #232
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Given various legitimate sources, this tower's status should be changed to approved. It is a matter of time before they start the prep.
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Old March 3rd, 2010, 04:18 AM   #233
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This is a beautiful simple design. Build!
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Old March 3rd, 2010, 05:20 AM   #234
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looks fantastic
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Old March 3rd, 2010, 02:41 PM   #235
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Some projects @ KLCC :
- Four Seasons Place (Approved)
- Petronas Carigali (U/C) > http://www.skyscrapercity.com/showpo...postcount=1342
- Felda Tower (U/C) > http://www.skyscrapercity.com/showth...597663&page=11
- Naza Tower (U/C) > http://www.skyscrapercity.com/showthread.php?t=756326
- Grand Hyatt KL (U/C) > http://www.skyscrapercity.com/showthread.php?t=599782

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Old March 4th, 2010, 08:42 AM   #236
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Location:

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Old March 16th, 2010, 08:52 AM   #237
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Location:

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Old March 17th, 2010, 01:52 AM   #238
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Any news ?
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Old March 22nd, 2010, 02:40 AM   #239
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Is this the exact location?
http://www.urbika.com/projects/view/...easons-place-k
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Old December 6th, 2010, 04:01 PM   #240
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-DELETE-
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