Monday, September 29, 2008

Regent Serviced Apartment Residences to be Introduced in Singapore

The Regent Residences Kuala Lumpur will be showcased at The Regent Singapore and is due for completion during the fourth quarter of 2011. The new luxury serviced apartment development in Malaysia’s capital city will be positioned at the top of Malaysia’s property market and will offer luxury urban living as well as an opportunity for people to invest in high value real estate.

The Regent Residences Kuala Lumpur will be located in a first class location in the Kuala Lumpur City Center which is directly across from the Petronas Twin towers near Jalan Ampang, leading to the Kuala City Center Park. The new Regent Residences serviced apartment complex will contain 115 units with two facility floors and will be associated with The Regent Kuala Lumpur, a luxury 236-room hotel.

The Regent Residences Kuala Lumpur will offer one, two, and three bedroom serviced apartments with two floors of penthouse units. All interiors will be designed by Sir Terence Conran, a world renowned designer, and include facilities such as a Sky Pool, teak decks for alfresco entertaining, a 24-hour concierge, and limousine service. All serviced apartments will be equipped with high quality furnishes and fixtures including a Bulthaup kitchen system, Miele appliances, timber strips, imported sanitary ware and imported marble flooring.

Due to the fact that Kuala Lumpur real estate values have jumped over thirty percent in the last year as a result of the abolition of real estate gains tax, luxury properties have become an attractive and popular investment in Kuala Lumpur. The newly established tax incentives in combination with foreign investors being able to gain permanent resident status under Malaysia My Second Home, the demand has significantly increased for luxury serviced apartment residences in Kuala Lumpur.

The Regent Residences Kuala Lumpur will offer an ideal city retreat with new standards of luxury that includes the added convenience of hotel services in a serviced apartment home style setting.The new Regent Hotel Kuala Lumpur will be managed by Carlson Hotels Worldwide – Asia Pacific, one of the world’s largest privately-owned hotel companies, which is continuing the expansion of its luxury Regent brand into key gateway cities across the region. The hotel operator will be maintaining the common properties of both the hotel and the serviced apartments.

For updates on this project and serviced apartment availability, contact Move and Stay at www.moveandstay.com .

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