Tuesday, 25 October 2011

The Ascott to run Somerset Puteri Harbour

KUALA LUMPUR:Nusajaya Consolidated Sdn Bhd (NCSB) has signed two agreements with The Ascott Ltd to provide technical advisory services as well as manage and operate 204 units of serviced residences, to be known as "Somerset Puteri Harbour", in Nusajaya, Johor.

The project will be developed by NCSB, a 50:50 joint venture between United Malayan Land Bhd (UMLand) and UEM Land Bhd (UEM Land), a wholly-owned unit of UEM Land Holdings Bhd.

In a joint statement today, UMLand and UEM Land said Ascott would provide technical advisory services to NCSB during the development of Somerset Puteri Harbour.

"As for the serviced residence management agreement, Ascott will manage and operate the serviced residences on behalf of NCSB upon its expected completion in 2013," it said.

The Somerset Puteri Harbour, a stylish waterfront serviced residence located in the enclave of Puteri Harbour, one of the catalyst developments within Nusajaya, Iskandar Malaysia, will be launched next month.

Somerset Puteri Harbour will be a four-storey serviced residence strategically located at the Puteri Harbour integrated waterfront and marina development in Nusajaya.

The serviced residence offers spacious apartments ranging from studio to three-bedroom units that come fully furnished with modern amenities. -- BERNAMA
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