Sherwoods Launches 5-STAR – The Residences (KUALA LUMPUR)

SIP PROPERTIES LAUNCHES THE ICONIC 5-STAR – THE RESIDENCES (KUALA LUMPUR) IN DUBAI

• The Residences to be built on one of the last remaining premium freehold land parcels in Kuala Lumpur City Centre and is poised to become an iconic landmark
• Designed by world renowned architectural firm Skidmore, Owings & Merrill whose impressive portfolio includes the Burj Khalifa Tower, Dubai and One World Trade Centre, New York
• Situated above the internationally acclaimed W Hotel, a luxury hotel chain owned by Starwood Hotels & Resorts Worldwide

Property developer Tropicana Corporation Berhad (“Tropicana”) will unveil its most ambitious development to date, The Residences. Launched on May 31st in in the UAE– this international development is situated above W Hotel, offering its discerning well-travelled purchasers an opportunity to own a piece of luxury on the last few parcels of premium freehold land in Kuala Lumpur City Centre (“KLCC”).

The UAE Launch of The Residences will be held at the 48 Burj Gate Marketing Suites, located intimately close to the Burj Khalifa. Ms Ung Lay Ting, Head of Marketing & Sales department said, “The Residences prides itself as the only swanky/arty luxury property located in Kuala Lumpur’s Golden Triangle. Seated on top of W Hotel, this development is poised to become an iconic landmark. Offering four types of residences, clients will be treated to every conceivable luxury and amenity, including concierge and housekeeping services, and an innovative home-care programme – ideal for jet-setters or those constantly on the move”.

About The Residences

Strategically located in the heart of Kuala Lumpur’s central business district, at the original Millionaires Row, The Residences is just two minutes’ walk to the famous Petronas Twin Towers building. The development is in close proximity to Malaysia’s premier commercial and shopping hubs, educational institutions (both local and international), state-of-the-art medical centres and of course, the highly acclaimed recreational clubs and local attractions such as KL Tower, China Town, Central Market, and the KLCC Park.

Built on 1.28 acres of freehold land with an approximate gross development value of RM800 million, The Residences offers four types of swanky layouts with built-up area ranging from 710 to 2,973 square feet. Rising 55 storeys skywards, The Residences consists of 353 units of luxurious, fully furnished serviced residences that is uniquely created; mixing cutting-edge design with local influences. The Residences occupies the 25th to 53rd floors of the building, sharing spaces with the hip and upscale W Hotel below, whilst the rooftop facility floor offers the perfect place to chill with an unobstructed view of the cityscape. Managed by Starwood Hotels & Resorts Worldwide, W Hotel offers 150 rooms and occupies the 8th to 23rd floors.

The Residences features a host of modern facilities such as a saltwater infinity pool, a forest-themed lounge, the multi-purpose area on the roof known as the ‘Gourmet Loft’ and a first-of-its-kind aqua gym. The Residences also comes with a concierge service where potential residents will be able to enjoy a butler service that will arrange services that ranges from transport to laundry & dry cleaning, and residents will also be able to make bookings for flights, restaurants and even spa & salon treatments. Jet-setters or those constantly on the move will be pleased to know that this development also offers optional housekeeping services and an innovative home-care programme which includes a home monitoring system, personalised renovations and regular cleanliness inspection.

Designed by the celebrated architectural firm of Skidmore, Owings & Merrill (“SOM”), which has won more awards than any other firms in the world, The Residences is earmarked for global recognition. Joining the ranks of other instantly recognisable SOM projects such as Dubai’s Burj Khalifa and New York’s One World Trade Centre, The Residences is set to be an iconic landmark in KLCC. The Residences is also forecasted to be a serious contender for expatriates wanting to make an investment in Malaysia. With an increasing appreciation of capital in the designated area, analysts have predicted that The Residences will fetch in a steady traffic of those wanting to rent a space with close proximity to neighbouring office areas that houses global companies.

The Residences will be managed by Tropicana Corporation Berhad, a pioneer in resort-style home concepts with a strong track record in high-end residential and commercial developments. The project is expected to be completed in 2017. Being at the forefront of the property industry.

Tropicana continues to lead the way in sustainable development. The Residences has been categorised as a green building with resource and energy-efficient features in daily operations like powering lifts and other utilities.