Thursday, December 19, 2019

BLand's US$1b Okinawa project to start by June



Berjaya Land (BLand) Bhd chief executive officer Syed Ali Shahul Hameed said the Four Seasons Resort and Private Residences will be the most iconic development in Japan


KUALA LUMPUR : Berjaya Group's US$1 billion Four Seasons Resort and Pivate Residences on the island of Okinawa in Japan will start construction by June next year.

Berjaya Land Bhd (BLand) chief executive officer Syed Ali Shahul Hameed said the Four Seasons Resort and Private Residences will be the most iconic development in Japan, setting a benchmark.

It will emulate the success of Four Seasons Hotel and Hotel Residences Kyoto by Berjaya Group which was launched in December 2016.




 
BLand unit Berjaya Okinawa Development Co. Ltd inked a management agreement with Four Seasons Hotels and Resorts on January 17 this year for the project.

Syed Ali said BLand will build a total 122 private residences, as well as 28 villas and a spa.

The 125-room Four Seasons Resort, private residences, villas and spa are the first phase of development for the 100 acres of beach front land owned by BLand.

Phase 1 will use up 33 acres, and completed in 2023, said Syed Ali, adding that the total development cost is US$400 million.




 
"Earthwork is expected to start in the second quarter. We target to launch the residences and villas in the third quarter of next year," he told the New Straits Times.

Syed Ali is upbeat the residences and villas will have positive take-up, given the location, coupled with the prestigious Four Seasons branding and management.

The 100 acre land is situated along the western coast of the island, about 50km northeast of Naha International Airport.

"Air Asia will fly to Okinawa starting January 22, 2020. This is a plus point for our development as we are targeting the Malaysian market. We are also targeting the Japanese market. Okinawa is the Hawaii for the Japanese," said Syed Ali.




 
The four times weekly service via Taipei commences January 22 2020 (subject to regulatory approval), and will be AirAsia’s sixth international destination in Japan, after Tokyo (Haneda and Narita), Osaka, Sapporo, Fukuoka and Nagoya (via Bangkok).

Berjaya Corp founder and executive chairman Tan Sri Vincent Tan said during the signing of the management agreement here that the Four Seasons Resort and Pivate Residences will be the most beautiful, valuable and expensive property in Okinawa.

Bart Carnahan, executive vice president, global business development of Four Seasons Hotels and
Resorts said together with Berjaya, the partnership will not only create the very finest resort and residences of the highest quality, but will also offer a level of unparalleled service, one that is synonymous with the name Four Seasons around the globe.

The master plan for Four Seasons Resort and Private Residences, including planning and landscape architecture, is developed by international landscape architecture and urban design firm, EDSA Inc.

Japan's top architects Kengo Kuma and Kuniken will serve as joint architects for the project.

Plans are being finalised for the remaining 70 acres, which may include more luxurious residences.

WATCH THE VIDEO


No comments:

Post a Comment