By KEVIN WONG / Pic By MUHD AMIN NAHARUL
Tanglir Hospitality Sdn Bhd has signed on a management agreement with Avillion Hotel Group Sdn Bhd to manage the upcoming luxury resort, Wu by Tanglir in Bukit Tinggi, Pahang.
Unique Project Development Sdn Bhd will be developing the resort which has a gross development value of RM114 million.
“It is crucial for us to find a partner who share the same attitude and approach in the planning and development of Wu by Tanglir,” MD Choo Yoke Cheong.
“The development will be built on a 9.6-acre (7.2ha) of land where it is surrounded by the Bentong forest reserve, sandwiched between the upstream of the Tanglir river and Bentong trunk road,” he said.
The hill resort will consist of a block of 120 studio rooms and 87 villas, where the development cost would be about RM70 million.
“That said, the villas would be open for the public to be purchased where the selling price for the villas starts from RM550,000 for a 1,443 sq ft single room, while RM680,000 for a 1,300 sq ft two-room fully-furnished villa,” he said.
Choo, who is also a director for Tanglir Hospitality, added that he would be expecting total sale of the villas to be about RM120 million.
“The sales of the 87 villas will help to ease the burden on our financial expenses as getting financial assistance for agriculture land is a challenge.
“At the same time, we are hoping for banks to come in during the second stage of the development, where we will need to prove to them that what we are doing is a good investment,” he said.
In terms of the management agreement between the two companies, Avillion Hotel Group will fully manage the pre-opening and all hotel operations of the luxury hill resort, which is set to be completed and be operational in 2020.
Avillion chairman Tan Sri Samsudin Hitam said Avillion will also be managing all hotel reservations as well as marketing and sales.
“We strongly believe that this latest addition to our portfolio of properties will have the potential to attract both local and foreign travellers,” he said. “Avillion is very excited to be part of Bukit Tinggi’s tourism growth.”