Berjaya Corp launches Four Sea­sons Ky­oto

> Plans to open sec­ond ho­tel project in Ok­i­nawa within four years, says Tan

The Sun (Malaysia) - - MEDIA & MARKETING - BY EVA YEONG

KY­OTO: Berjaya Corp Bhd (BCorp), which of­fi­cially opened the Four Sea­sons Ho­tel and Ho­tel Res­i­dences Ky­oto (Four Sea­sons Ky­oto) yes­ter­day, is look­ing to launch its sec­ond ven­ture with Four Sea­sons Ho­tels & Re­sorts (Four Sea­sons) in Ja­pan in four years’ time.

BCorp founder Tan Sri Vincent Tan said it has plans for another Four Sea­sons project in Ok­i­nawa, where it owns 100 acres of land.

“We are cur­rently in the plan­ning stage and plan to open it four years from now. The project will prob­a­bly have more rooms, some res­i­dences for sale and vil­las. It will prob­a­bly be the best ho­tel in Ok­i­nawa,” he told re­porters at the side­lines of the open­ing cer­e­mony.

Present at the cer­e­mony were Berjaya Times Square CEO Chrysies Tan, Berjaya Group CEO Datuk Robin Tan, Madam Low Siew Beng, Puan Sri Datin Es­ther Tan, Vincent Tan, Princess of Jo­hor Her High­ness Tunku Tun Ami­nah Maimu­nah Iskan­dariah, Sul­tan of Jo­hor His Majesty Sul­tan Ibrahim Sul­tan Iskan­dar, Mayor of Ky­oto Daisaku Kadokawa, Four Sea­sons Ho­tel & Re­sorts founder Isadore Sharp and Gov­er­nor of Ky­oto pre­fec­ture Keiji Ya­mada.

The group ac­quired the land in Ok­i­nawa circa 2008/2009 and had pre­vi­ously con­sid­ered de­vel­op­ing a casino ho­tel on the site. Tan said the con­cept for the ho­tel is be­ing drawn up by an Amer­i­can ar­chi­tect.

Mean­while, for Four Sea­sons Ky­oto, about 50% of the 57 ho­tel res­i­dences has been sold at US$5,000 (RM22,300) to US$6,000 (RM26,700) per square foot. Tan said prices for the re­main­ing units will be higher and he is con­fi­dent of sell­ing all the units by early 2017 based on in­ter­est from Ja­panese in­vestors.

“This first Ky­oto project rep­re­sents an im­por­tant mile­stone for the in­ter­na­tional growth of our com­pany and we are very much look­ing for­ward to fur­ther build­ing our rep­u­ta­tion within the Ja­panese mar­ket,” said Tan.

Four Sea­sons Ky­oto is BCorp and Four Sea­sons’ first joint ven­ture in Ja­pan, and the 100th prop­erty man­aged by Four Sea­sons.The ho­tel and res­i­dences are lo­cated on a 20,433sq m site in Hi­gashiyama-ku with gross floor area of 34,632 sq m. A hos­pi­tal was pre­vi­ously lo­cated on the site.

Four Sea­sons Ky­oto opened its doors on Oct 15, 2016 with 123 ho­tel rooms and 57 res­i­dences. It is owned by Ky­oto Hi­gashiyama Hos­pi­tal­ity As­sets TMK, a sub­sidiary of Berjaya Ky­oto De­vel­op­ment (S) Pte Ltd, which is in turn a 50:50 joint ven­ture be­tween BCorp and Berjaya Land Bhd.

The to­tal in­vest­ment cost for Four Sea­sons Ky­oto was US$380 mil­lion

From left: Chrysies, Robin, Madam Low, Es­ther, Vincent Tan, Tunku Tun Ami­nah, Sul­tan Ibrahim, Kadokawa, Sharp and Ya­mada dur­ing the sake bar­rel break­ing cer­e­mony to sig­nify the of­fi­cial launch of the Four Sea­sons Ho­tel Ky­oto in Ja­pan yes­ter­day.

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