Description de l'actif
JLL has been appointed to facilitate the sale of a development land for a proposed 5-star hotel in Langkawi. The land is a freehold site with commercial title, with easy access to the Langkawi international airport and ferry terminal.
The location is in the Southwest side of Langkawi, situated in the bustling stretch of Pantai Tengah. The construction works are 18% completed which includes piling works and partial superstructure works. There is an opportunity for the prospective buyers to convert to other commercial uses.
Caractéristiques de l'actif
Points clés d'investissement
- A proposed luxurious 5-star hotel situated in the bustling stretch of Pantai Tengah, in the Southwest of the island
- 60,000 square feet freehold fully converted commercial land (rare in Langkawi)
- Valid development order & approvals
- Piling works and partial superstructure works completed
- Main road frontage with maximum visibility
- Easily accessible to international airport & ferry terminal
- Opportunity to convert to other commercial use