Saturday, April 30, 2011

REAL ESTATE DEVELOPMENT IN MELAKA

April 30, 2011 21:01 PM

CM Launches Biggest Real Estate Development In Melaka

MELAKA, April 30 (Bernama) -- Chief Minister Datuk Seri Mohd Ali Rustam today launched the RM2 billion Hatten City, an iconic new integrated mixed development project that blends six unique themed development in Bandar Hilir here.

The project, to be undertaken by Singapore-based Hatten Group, smartly blended six unique themed development comprising retails, residences (condominiums), international hotels, office tower, resort and shoplex.

"With a gross area of eight million square feet in an eight-hectare land, the project will also feature the tallest building in Melaka, 45-storey high with 360-degree viewing sky deck," he said at the ground-breaking ceremony in Hatten Square here.

Also present at the ceremony were Hatten Group chairman Datuk Eric Tan Eng Huat, chief executive officer Edwin Tan Ping Huang and managing director Colin Tan Juen Teng.

Mohd Ali said the biggest real estate project in the historic state would combine heritage and futuristic elements.

He said he was delighted that a foreign developer was providing Melaka with the huge development, with similar rewarding opportunities such as that of Klang Valley, Johor and Penang.

Hatten City is the third development project for the Hatten Group which is known for its development of the Dataran Pahlawan shopping mall in 2007, which is now a major attraction drawing millions of visitors each year.

Meanwhile, Colin Tan said Element Mall, the first parcel of Hatten City development due for completion in three years, would set a new tone for the project.

He said Element Mall was inspired by the famous Korean mall concept of Dongdaemun and Namdaemun, and the fashion floors offered a high fashion concept, housing local and international brands.

The mall would share the same building with two international hotel chains to be managed by Doubletree of Hilton Worldwide.

-- BERNAMA

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