Friday, October 26, 2007

Four Seasons Centre KUALA LUMPUR

Four Seasons Centre beside Petronas Twin Towers - 70 & 42 storeys

Four Seasons Centre
Kuala Lumpur, Malaysia
2.3 million gsf
Client: Venus Assets Snd. Bhd.
Architect of Record: NRY Architects
Four Seasons Centre is a mixed use development of over 2 million gsf including a Four Seasons hotel, serviced apartments, luxury condominiums, retail and parking. The project is sited adjacent to Kuala Lumpur City Centre (KLCC). The development enjoys commanding views of the 50 acre KLCC Park as well as the Petronas Twin Towers.

The Four Seasons hotel and affiliated serviced apartments are comprised in the forty-two story tower, while luxury condominiums will occupy the seventy story north tower. The tower's formal characteristics have been developed to complement the Petronas Towers and the overall skyline of Kuala Lumpur.

Complex site geometries have been distilled into a clear diagram to organize the circulation of pedestrians and vehicles throughout the site. Podium planning has been developed to support the different user groups that will live, work, and play at Four Season Centre. The new development will link both above and below grade to neighboring Kuala Lumpur City Centre retail properties.

VENUS Assets Sdn Bhd, a company controlled by tycoon Ong Beng Seng, will submit a development order application for its planned RM1 billion mixed development project in Kuala Lumpur, people familiar with the matter said yesterday.

The Venus project, known as Four Seasons Centre Kuala Lumpur, will be built on the existing open air carpark spread over 2.6 acres, situated between Menara Maxis and Wisma Central.

Venus Assets had acquired the land from Intan Sdn Bhd, a privately held company controlled by the family of the late billionaire Tan Sri Khoo Teck Puat, for RM90 million in cash in October 2003.

The project will comprise the six-star Four Seasons Hotel and service apartment with retail shopping area covering 750,000 sq ft, and a 70-storey Four Seasons Condominium which will have 173 super luxury units.

Mail Money was told that prices have not been fixed yet but will be in excess of RM1,000 per sq ft.

Venus Assets is waiting for the building plans to be approved. This is expected to be finalised in the current quarter, Mail Money was told.

The company, however, hasn’t decided if it is going to undertake the construction job itself or to appoint a turnkey contractor.

The 59-year-old, Perak-born Ong controls Hotel Properties Ltd, a company listed on the Singapore Stock Exchange, which has hotel, property and retail investments worldwide.

His 70 per cent investment in Venus Assets is believed to be private in nature. His partner in the company is Sultan Sharafuddin Idris Shah of Selangor.

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