Building Investment (May - Jun 2016)
Global demand remains lacklustre in 2016 as most of the world’s key players and many emerging-market economies are performing below their potential. As we enter into the second half of the year, growth estimates remain unchanged for most Asian countries. However, business must go on and we are seeing property launches picking up again. Investors are still out there hunting for bargains and some of the reasonably-priced property units are still being snapped up....
Global demand remains lacklustre in 2016 as most of the world’s key players and many emerging-market economies are performing below their potential. As we enter into the second half of the year, growth estimates remain unchanged for most Asian countries. However, business must go on and we are seeing property launches picking up again. Investors are still out there hunting for bargains and some of the reasonably-priced property units are still being snapped up....
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Project Highlight<br />
Resort view from the pool.<br />
DoubleTree Resort by Hilton to open its<br />
third property in Malaysia this year<br />
The 317-room resort promises the famed Hilton hospitality on its family-focused property<br />
located just 15 minutes from Georgetown, Penang’s Unesco World Heritage site.<br />
Axis Lounge.<br />
Kids’ Club.<br />
SET IN the popular Batu Ferringhi area, the<br />
new DoubleTree Resort by Hilton Penang will<br />
be ready to welcome its first guests this year.<br />
Situated in the hot spot area for the locals and<br />
tourists alike, this marks the third property by<br />
the DoubleTree by Hilton brand in Malaysia,<br />
following Kuala Lumpur and Johor Bahru.<br />
The 317-room resort anticipates a<br />
new and exciting addition to the scene<br />
by encapsulating the authentic Penang<br />
experience and the DoubleTree by Hilton’s<br />
signature hallmark – “Create A Rewarding<br />
Experience (CARE)” to excite both the local<br />
community and international travellers.<br />
DoubleTree by Hilton is famed for its<br />
hospitality and service culture which begins<br />
with a warm chocolate chip cookie presented<br />
to each guest at check-in to special comforts<br />
and thoughtful gestures during their stay,<br />
that are unique to the brand. Set on a hillside,<br />
the full-service resort is designed with a<br />
wealth of contemporary, family-focused<br />
features ranging from spacious rooms to<br />
three restaurant options, including an all-day<br />
dining outlet, a lobby lounge and a cafe. The<br />
resort also offers meetings and events facilities<br />
including a ballroom and three function<br />
spaces covering an area of more than 5,000<br />
sq ft that makes it an ideal venue for private<br />
events and seminars. Other facilities include<br />
a spa, fitness centre, landscaped outdoor pool<br />
with an artificial beach for both adults and<br />
children as well as a Kids Club programme.<br />
Guest rooms have been designed in such<br />
a way that guests are given a family-friendly<br />
option of connecting both rooms in the<br />
Deluxe category to create a shared private<br />
hallway within rooms. All rooms and suites<br />
have been fitted with ceiling to floor windows,<br />
a rain shower, sofa bed (available in Twin<br />
rooms only), broadband facilities and stylish<br />
furnishing. Most of the rooms and suites offer<br />
impressive views of the sea. The main dining<br />
arena has three unique outlets housed in its<br />
building that will cater to guests’ culinary<br />
needs: Makan Kitchen, the destination<br />
8 <strong>Building</strong> & <strong>Investment</strong> | www.b-i.biz
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