{"id":11077,"date":"2022-08-16T12:19:00","date_gmt":"2022-08-16T12:19:00","guid":{"rendered":"https:\/\/www.prnasia.com\/story\/archive\/3846068_AE46068_0"},"modified":"2022-08-16T12:19:00","modified_gmt":"2022-08-16T12:19:00","slug":"ksk-land-recognised-for-investor-attraction-strategy-mgbf","status":"publish","type":"post","link":"https:\/\/transmediavictoria.net.au\/?p=11077","title":{"rendered":"KSK LAND RECOGNISED FOR INVESTOR ATTRACTION STRATEGY – MGBF"},"content":{"rendered":"

KUALA LUMPUR, Malaysia<\/span><\/span>, Aug. 16, 2022<\/span><\/span> \/PRNewswire\/ — KSK Land has been recognised by the Malaysia Global Business Forum (MGBF) for its role in attracting high net-worth individuals to Malaysia<\/span> post-pandemic.<\/p>\n

\n

\"8<\/a>
8 Conlay, KSK Land\u2019s iconic development in Kuala Lumpur<\/span><\/p>\n<\/p><\/div>\n

The first challenge in investor attraction is “selling” the country. In the context of Asia<\/span>, Malaysia<\/span> is competing with some very established investment destinations. The second is to position the city as a highly liveable city with the connectivity to regional and global markets.<\/p>\n

The team at KSK Land has successfully sold Malaysia<\/span>, the city of Kuala Lumpur<\/span>, and the property 8 Conlay to a selection of global investors looking for a strategic position in ASEAN.<\/p>\n

MGBF founding chairman, Nordin Abdullah<\/span>, said, “We have seen in cities like London<\/span> that high net-worth investors often start with the purchase of an iconic property. After establishing a footprint and spending more time in the city, the investor finds ways to integrate Malaysian opportunities into their global business operations.”<\/p>\n

“For investment promotions agencies, this strategy requires medium- to long-term thinking coupled with an excellent working relationship with developers of high-end properties,” continued Nordin.<\/p>\n

KSK Land recently announced the structural completion of Tower B of 8 Conlay’s twin branded residence, YOO8 serviced by Kempinski (YOO8). To commemorate the milestone, a unique photo series titled ‘Height of Anticipation<\/i>‘ featuring panoramic views of Kuala Lumpur<\/span> iconic landmarks was undertaken, set in two actual units from one of Tower B’s top floors. The stylish photo series marks a moment of celebration \u2013 both the steady progress of 8 Conlay, as well as more symbolically, the city of Kuala Lumpur<\/span> as an emerging metropolis.<\/p>\n

In another significant milestone, KSK Land also announced that it has secured a buyer for 8 Conlay’s sole penthouse unit at a price of RM30 million<\/span>. Perched on the 65th<\/sup> floor of the Kempinski hotel tower, the excited buyer was said to have decided on the 8,742 square-foot residence as it offers stellar 360-degree view of the city, Kempinski hotel services and strategic location in central Kuala Lumpur<\/span>.<\/p>\n

KSK Land is expecting the completion of YOO8 Tower A by early 2023 and subsequently, YOO8 Tower B by the end of 2023. This will be followed by the completion of the retail podium, expected within the first half of 2023 while the 8 Conlay Kempinski Hotel is expecting completion within the first half of 2024. To date, the twin branded residence towers have achieved a sold gross development value (GDV) of over RM1.56 billion<\/span> (~USD355m<\/span>) with YOO8 Tower A at an 80 per cent take-up rate while Tower B at 40 per cent.<\/p>\n

The show units for YOO8 Tower B designed by Kelly Hoppen<\/span> for YOO are available for viewing at the 8 Conlay Sales Gallery located in Bangunan KSK, Jalan Yap Ah Shak<\/span>, Kuala Lumpur<\/span>.<\/p>\n

The Malaysia Global Business Forum will host a roundtable themed ‘Attracting High Net-worth Global Citizens: Education, Connectivity and Lifestyle<\/i>‘ to highlight the strategic opportunities that Malaysia<\/span> has to offer.<\/p>\n

For more information visit www.MalaysiaGlobalBusinessForum.com<\/a><\/u>.<\/p>\n

NOTES TO EDITORS:
<\/b>For media enquiries, please contact:
Maryam M. Mukhliz
<\/b>PR and Communications
Glenreagh Sdn Bhd
Email: maryamm.mukhliz@gmail.com<\/a>
Tel: +6017 257 6063<\/p>\n","protected":false},"excerpt":{"rendered":"

KUALA LUMPUR, Malaysia, Aug. 16, 2022 \/PRNewswire\/ — KSK Land has been recognised by the Malaysia Global Business Forum (MGBF) for its role in attracting high net-worth individuals to Malaysia post-pandemic. 8 Conlay, KSK Land\u2019s iconic development in Kuala Lumpur The first challenge in investor attraction is “selling” the country. In the context of Asia, […]<\/p>\n","protected":false},"author":8,"featured_media":11078,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-11077","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news"],"yoast_head":"\nKSK LAND RECOGNISED FOR INVESTOR ATTRACTION STRATEGY - MGBF - My Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/transmediavictoria.net.au\/?p=11077\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"KSK LAND RECOGNISED FOR INVESTOR ATTRACTION STRATEGY - MGBF - My Blog\" \/>\n<meta property=\"og:description\" content=\"KUALA LUMPUR, Malaysia, Aug. 16, 2022 \/PRNewswire\/ — KSK Land has been recognised by the Malaysia Global Business Forum (MGBF) for its role in attracting high net-worth individuals to Malaysia post-pandemic. 8 Conlay, KSK Land\u2019s iconic development in Kuala Lumpur The first challenge in investor attraction is “selling” the country. 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