A RM20 bil gross development value (GDV) mix-development project that will be situated at an altitude of 914.4m (3,000ft) above sea level in Gohtong Jaya, Genting Xintiandi brings forward a mixed-use development centred around Live, Work & Play.

Spanning across 24.3ha (60 acres), Genting Xintiandi is a mixed-commercial hub with service apartments, hotels, bus terminals and commercial space jointly developed by Genting Malaysia Bhd (GENM) and Aset Kayamas.

The development consists of 37- to 60-storey high-rise buildings with a panoramic view of the city skyline which consists of eight phases with Phase 1 now open for viewing at the sales gallery.

Phase 1 features four towers of fully furnished service apartments, with 2,600 units designed with the needs of the diverse homebuyers in mind.

It comes in three types – Type A has a built-up size of 42.2 sq m (454 sq ft) with one bedroom and one bathroom, Type B has a built-up size of 63.8 sq m (687 sq ft) with two bedrooms and two bathrooms and Type C has a built-up size of 90.4 sq m (973 sq ft) with three bedrooms and three bathrooms.

Phases 2A and 2B will also include service apartments and business space while Phase 3, located in the centre of the site, has been proposed as a commercial hub consisting of a bus terminal, hotel and business space.

Phases 4, 5, 6 and 8 have been planned as service apartments, while Phase 7, facing the main road, will be developed as service apartments and business space as well.

No need buy… so many choices from Airbnb

AHAHA big man Boss.

Heard that 1000 units booked over last weekend.

I thought economy very bad. Ppl complaining not enough money for living but got money for property. Haha

The rich are getting richer bro.

Already oversupply situations around....

Build more high rise???

For rental or AirBnB?? Good luck 🤞

build more, good for me, hope i can find competitive/cheaper price to stay in airbnb.

Total 2600 units...
Somemore there are few condos surrounding for airbnb as well..
Very competitive market at that area.
Furthermore this developer's workmanship not that good.
Don't think it's a good investment

The Resort Worlds Gentings has a total of 7351 rooms. It currently holds the Guinness World Record for being the largest hotel in the world, by number of rooms.

over ?

Tensure?
Riskhold or Feehold?

Side parking

This post has been edited by jojolicia: Jun 2 2023, 11:01 PM

Let all the waterfish buys first...

Later can rent AirBnB cheap cheap from desperate owners 😄

Hahaha....good one!
Somemore penang has fully restricted the short term stay in commercial property to 180 days per year or maximum 3 days per week.
There is a possibility that other states may follow this policy as well.
High risk to all the investors...

Heheh...
True... Many waterfish around 😆

Slowly the ban would spread... Next in line I think is melaka... The government seems like very serious....

Developers are damn good always find a location to build high rise.

Good luck...

This project is the JV with Genting Malaysia Berhad?

https://www.thestar.com.my/news/nation/2023...t-new-investors

Genting with Aset Kayamas

Wow...This Cindy-and-I mixed development is to complete in 15 years. Luckily it is FH

Wow, Aset Kayamas.......Tengku Adnan.......just WOW

i read that too and i am just wondering how is it enforceable?
how to even track 3 days per week and 180 days per year?
3 days x 52 weeks = 156 days only but contradictory with the 180 days max again??? so which is which?