KL Metro to build RM1.6bil five-star resort in PD
27 Jul 2024
KL Metro Group will build its fourth property here – a five-star resort which promises to set a new benchmark in luxury and comfort – which will have an estimated gross development value of Rm1.6bil.
To be known as Lexis Hibiscus 2, the new resort will feature 1,710 units including 910 water homes and 800 sky pool suites in two high-rise blocks.
KL Metro Group chairman Datuk Mat Hassan Esa said the new development, to be situated adjacent to the acclaimed Lexis Hibiscus resort, will span an impressive 80 acres and is set to be a grander and more luxurious extension of its sister properties in Port Dickson.
“We are setting new standards in hospitality and design, further enhancing Malaysia and Port Dickson’s status as a premier destination for tourism, luxury vacations, and meetings, incentives, conventions and exhibitions events, attracting both domestic and international visitors.
“This ambitious project is set to outshine its predecessor in both scale and grandeur, offering each unit a private pool to ensure unparalleled tropical tranquility and luxury,” he said, adding that as its name suggests, the new development will also be designed after the national flower, the Hibiscus.
Mat Hassan said this during the ground breaking ceremony of the Lexis Hibiscus 2 by Mentri Besar Datuk Seri Aminuddin Harun.
Also present were KL Metro group managing director Datuk Low Tak Fatt, executive director Datuk Yap Chuan Thai and Lexis Hotel Group president Datuk Prof Mandy Chew Siok Cheng.
Scheduled for completion by mid-2029, Lexis Hibiscus 2 is a 80:20 strategic joint venture between KL Metro Group and Mentri Besar Incorporated, the investment arm of the state government.
The new resort, Mat Hassan said, is expected to attract 1.1 million tourists annually, with more than half coming from abroad.
The units at Lexis Hibiscus 2 are for sale and available under a leaseback arrangement with buyers offered 6% annual rental return. Additionally, buyers will enjoy 10 complimentary nights per year at the resort. Prices range from the average RM720,000 to RM950,000, inclusive of all fittings and furniture.
Since the soft launch of Phase 1 (288 units) last month, some 60% of the units have been sold with a significant number to overseas buyers.
“The new resort will employ 5,000 workers and with our other three properties in PD combined, we will provide jobs to some 10,000 people here,” said Mat Hassan. Apart from facilities in five-star resorts, Lexis Hibiscus 2 will also have a helipad, jetty and the iconic Hibiscus Walk. Aminuddin congratulated KL Metro Group for building its fourth resort in Port Dickson on land belonging to MBI, adding that it had contributed immensely to tourism in the state. “I am confident the Lexis Hibiscus 2 project would further boost tourist arrivals to PD and contribute positively to the local economy. It is also my hope the group will adhere to all rules to safeguard the environment at all times,” he said. Aminuddin thanked the property developer for agreeing to pay a RM1,000 compensation each a month to 40 fishermen families till the project is completed. KL Metro Group’s other notable projects include Lexis Port Dickson, Grand Lexis Port Dickson, Lexis Hibiscus Port Dickson, Lexis Suites Penang and Imperial Lexis Kuala Lumpur. The properties have collectively attracted 9.6 million tourists from over 186 countries since 2006. The group has also garnered over 60 international awards and accolades over the years, including two highly acclaimed Guinness World Records for Lexis Hibiscus Port Dickson for “The Most Swimming Pools In A Resort” and “The Most Overwater Villas In A Single Resort”.
Source: The Star
