Property and leisure group Tradewinds Corp Bhd will commence development of Perdana Quay with a gross development value (GDV) of RM4bil in Langkawi.
The first-ever integrated leisure, retail, residential and commercial development in the island is targeted at luxury travellers seeking an ecological and nature-oriented option to more conventional destinations like Phuket and Bali.
The project is nestled in a sheltered bay on the island’s north-western corner facing the Andaman Sea.
It is a decade-long development spanning six phases aimed at tourists from European and Middle East countries, and fast-growing Asian countries like China and Singapore.
Shaharul Farez (left) briefing Albukhary Group chairman Tan Sri Syed Mokhtar Albukhar y and Najib on the RM4bil GDV Perdana Quay Masterplan
Tradewinds’ group chief executive officer, Shaharul Farez Hassan, said Perdana Quay’s integrated development would involve the development of some 97ha of land at Pantai Kok-Teluk Burau on the northwest of the island.
He said it would feature concepts and designs that would be reminiscent of some of the most famous resort destinations in the world, like Malibu beach, Maldives and Monaco… more ( TheSTAR)