Malaysia: Frasers Hospitality has opened its third property in Kuala Lumpur.
The 445-unit Fraser Residence Kuala Lumpur is both the city and
Frasers Hospitality's largest serviced residence to date.
The opening follows the launch of Capri by Fraser, Kuala Lumpur in 2014 and Fraser Place Kuala Lumpur in 2010, and brings the company's portfolio in Kuala Lumpur to 1,000 apartment units.
Choe Peng Sum, chief executive officer of Frasers Hospitality, said: "The opening of Fraser Residence Kuala Lumpur, which is our largest serviced residence to date, reflects the strong demand we have experienced for our first two Kuala Lumpur properties.... We expect this demand to continue, as the resurgence of interest from foreign firms will be boosted further by the government's implementation of The Economic Transformation Programme."