Tourism Operators Unimpressed by New KL Skyscraper

31 Jul 2017

 

The rise of the 77-storey Four Seasons Place in Kuala Lumpur’s skyline has irked the Malaysian Association of Tour and Travel Agents (Matta), saying the new building obstructs the view of the iconic Petronas Twin Towers, reported Channel News Asia.

“It should not have happened and been approved in the first place,” said Matta president Tan Kok Liang. “Our Twin Towers are an iconic tourist attraction – they should not be blocked at all.”

“Tourists want to have a nice view and take photos of the Twin Towers, once the tallest building in the world,” he added.

Set to be completed in early-2018, the RM3 billion hotel tower is being developed by Venus Assets Sdn Bhd, with China Railway Construction Corporation (CRCC) as contractor.

The new building will feature a 209-key Four Seasons hotel, 242 Four Seasons private residences, 300,000 sq ft (27,900 sq m) of luxury retail space and 27 serviced apartments.

Since the project’s launch in 2013, about 70 percent of the residences have been snapped up by local and foreign buyers from Japan, Singapore, Taiwan, Indonesia and South Korea, reported the New Straits Times.

Meanwhile, Tourism and Culture Minister Nazri Aziz said the project further cements the country’s ties with China under the “One Belt, One Road” initiative, reported The Star.

“We are happy that Malaysia at last has a Four Seasons hotel and residency,” he said. “I was told that there are only 10 in the world and this is the fourth which is similar to that found in Hong Kong.”

 

Image sourced from FMT

 

Radin Ghazali, Content Writer at PropertyGuru, edited this story. To contact her about this or other stories email radin@propertyguru.com.my

 

For more information on new top homes, check out PropertyGuru’s New Property Launches and Project Reviews

POST COMMENT

You may also like these articles

Penang needs more space for medical tourism

  More hotels catering to medical tourists should be built in Penang, especially in Pulau Tikus, because these people and their families are staying at residences that are not intended to hous

Continue Reading20 May 2016

4 Positive Impacts of Tourism in Real Estate

  Tourism and real estate are two highly different industries, which however correlates with one another. Tourism refers to people visiting a certain place of interest during their vacation, w

Continue Reading7 Oct 2016

New Tourism Tax Will Hurt Hotel Owners

  The new tourism tax bill recently approved by the Parliament would negatively impact hoteliers, reported The Star, citing a report from CIMB Research. While it is still unsure when the ne

Continue Reading10 Apr 2017