Hongkong's serviced residence inventory expands with the arrival of Fraser Suites Hongkong, which is slated for an August launch. It forms part of the growing portfolio of the Singapore-based Frasers Hospitality, while another investor is local company, Harvest Capital Partners.
Designed by architects KplusK Associates, the property will be located in the prime business and entertainment district of Wanchai, conveniently accessible to transport links. It will consist of 87 suites, measuring 40 to 82sqm across 23 floors. According to Frasers executives, the place is expected to fulfill “the exacting needs of corporate executives who appreciate the finer things in life”.
Amenities in the fully furnished units feature LCD TVs that offer cable network programming and broadband internet access among others. Also available is a range of leisure facilities such as a well-equipped gym, jet pool and whirlpool, while a business centre provides executive help if needed.
Banking on the increasingly growing demand for quality serviced residences, Frasers Hospitality is projected to have some 8,000 apartments by 2012, with future properties to rise in cities like Manama and Sydney.
Kenneth Cheong
