Oakwood Unveils Plans for Luxury Serviced Apartments in Malaysia

By Anuradha Kher, Online News EditorJohor, MALAYSIA–Kota Selat Tebrau (KST) and Oakwood Asia Pacific, provider of serviced apartments, will develop Oakwood Residence Johor, a 235-unit serviced apartment complex located at Danga Bay, in the south of the Malaysian peninsula.Danga Bay is part of the up-and-coming Iskandar development region and provides extended-stay accommodations for business travelers or consumers in need of luxury temporary living.The development comprises a podium and three tower blocks of 22 to 40 stories. Oakwood Residence Johor will occupy one of the three towers. The other two 40-story residential towers, known as Tower A and B, will feature fully equipped kitchens, broadband Internet connectivity and 32-inch LCD screens. The construction is expected to begin in April 2008. Oakwood will be managing, leasing and maintaining the project. “At KST, we are looking forward to rolling out developments in Danga Bay in 2008. We foresee that Iskandar will grow to be a regional destination and will be an important market for the region, with continuous influx of global visitors seeking to either set up their businesses or expand existing operations. Being a luxury brand and located at Danga Bay, Oakwood Residence Johor will provide target international travelers an alternative to four and five-star hotels,” says KST Director Arlida Ariff. P.G. Mathew, managing director of Oakwood Asia Pacific, says, “Oakwood Residence Johor will be positioned to cater to the short and extended stay needs of executives from multinational corporations and expatriates relocating to the city.”