KSK Land Awarded RM650 Million Syndicated Financing for 8 Conlay Kempinski Hotel & Residences

KUALA LUMPUR, Dec 21 (Bernama) — KSK Land, one of Malaysia’s leading lifestyle property developers and a wholly owned subsidiary of KSK Group Berhad has obtained a RM650 million syndicated facility from MALAYAN Banking Bhd (Maybank) and Bank Pembangunan Malaysia Berhad (BPMB) for the completion of the 8 Conlay Kempinski Hotel and Residences (Tower C) as part of the 8 Conlay integrated luxury development.

8 Conlay, the three-tower integrated property in the heart of Kuala Lumpur’s golden triangle is poised to elevate the art of living with a five-star Kempinski Hotel, experiential retail lifestyle quarters and two towers of branded residences called YOO8 serviced by Kempinski, which have been curated exclusively by Steve Leung & YOO (Tower A) and Kelly Hoppen for YOO (Tower B). The development has already attracted considerable attention from international and local investors looking for branded lifestyle properties, a rare commodity in Malaysia.

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