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Ascott strengthens global leadership with opening of its first properties in Cyberjaya, Sri Racha and Hai Phong

Citadines DPulze Cyberjaya, Citadines Grand Central Sri Racha and Somerset Central TD Hai Phong City are the first international branded serviced residences in the respective cities. 

SINGAPORE – CapitaLand’s wholly-owned serviced residence business unit, The Ascott Limited (Ascott), continues to expand its global presence by opening its first serviced residences in Cyberjaya, Malaysia; Sri Racha, Thailand and Hai Phong, Vietnam.
 
Citadines DPulze Cyberjaya, Citadines Grand Central Sri Racha and Somerset Central TD Hai Phong City are the first international branded serviced residences in the respective cities. Ascott’s first foray into Malaysia’s Multimedia Super Corridor, the 203-unit Citadines DPulze Cyberjaya is its fifth property to open in Malaysia. The 136-unit Citadines Grand Central Sri Racha is Ascott’s 10th property in Thailand while the 132-unit Somerset Central TD Hai Phong City is its ninth property to operate in Vietnam.
 
Mr Lee Chee Koon, Ascott’s Chief Executive Officer, said: “Last year, we opened 17 properties and added 28 properties with over 4,800 apartment units to our global portfolio. Besides expanding through acquisitions, management contracts and leases, we secured our first franchises in Vientiane and Bali. We also formed strategic alliances in China and Australia to accelerate Ascott’s growth.
 
Mr Lee said: “In 2015, there will be no let up in our expansion. We are on track to achieve our target of 40,000 apartment units worldwide by end this year and aim to have 80,000 units by 2020. We will continue to expand our presence in key cities in Asia, Europe and the Gulf region to build our scale while exploring new markets with strong potential opportunities for serviced residences.
 
Mr Lee added: “Ascott is the largest international serviced residence owneroperator in Malaysia, Thailand and Vietnam. Today, we have opened our first properties in Cyberjaya, Sri Racha and Hai Phong to cater to the increasing demand from multinational companies that are setting up base in these growing cities. Globally, we have another over 50 properties to be opened, of which more than 20 are slated to open this year in China, India, Indonesia, Korea, Malaysia, Philippines, Vietnam, Oman and Saudi Arabia.
 
About Citadines DPulze Cyberjaya
Strategically located in Malaysia’s Multimedia Super Corridor, Citadines DPulze Cyberjaya is a short 20-minute drive away from the Kuala Lumpur International Airport and well connected to the city centres of Kuala Lumpur and Putrajaya as well as the Sepang International Circuit for motorsports via major expressways.
 
Linked to DPulze Shopping Centre, the newest mall in Cyberjaya, guests are spoilt for choice with plenty of shopping, dining and entertainment options. Citadines DPulze Cyberjaya offers a choice of studio, one- and two-bedroom apartments. Guests have the flexibility to choose the services they require according to their needs and enjoy facilities such as a swimming pool, fitness corner, residents’ lounge and meeting rooms.
 
Citadines Grand Central Sri Racha
Situated in the heart of Sri Racha, Thailand’s Eastern Seaboard region, Citadines Grand Central Sri Racha is perfect for both business and leisure travellers. The serviced residence is close to retail outlets such as Robinson, Pacific Park and Harbor Mall, restaurants, international schools, medical facilities, the Laem Chabang Port and industrial estates where multinational companies are based. Merrymakers will be glad to know that Pattaya Beach and its endless entertainment options are a short 30-minute drive away. 
 
Citadines Grand Central Sri Racha offers contemporary studios, one- and two-bedroom apartments. Each unit comes with a fully-equipped kitchen and separate work and living areas, making it a cosy home away from home. Besides using the sauna, fitness corner and business corner, guests can also bask in the sun at the rooftop pool while enjoying a bird’s eye view of the seaside town. 
 
About Somerset Central TD Hai Phong City
Somerset Central TD Hai Phong City is situated in the new Central Business District in Hai Phong, the third largest city in Vietnam. A short five-minute drive away from Cat Bi International Airport and a 10-minute drive from Hai Phong Train Station, the serviced residence is centrally located for both business and leisure travellers. Guests will enjoy convenient access to retail and dining options in the adjoining TD Plaza including the popular Parkson Department Store, an eight-theatre Cineplex and a hypermarket. Leisure travellers will find themselves very close to the historic city centre and attractions such as the Hai Phong Museum, the French-built Opera House, the historic Du Hang Pagoda and Tam Bac Lake.
 
Somerset Central TD Hai Phong City’s stylish apartments range from spacious studios to one- to three-bedroom units. Each apartment is complete with a fully-equipped kitchen and home entertainment system. An ideal choice for travellers and their families, the serviced residence has a swimming pool, a common living area with an iMac and library, a residents’ lounge and a children’s playroom for the young ones.

 

Photo caption: Somerset Central TD Hai Phong City
 
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