King’s Park to develop an integrated CBD in Genting Highlands

KUALA LUMPUR: King’s Park Development Sdn Bhd is on track to develop King’s Park, the first central business district (CBD) in Genting Highlands, in partnership with the Yuk Tung Group and the Association for the Promotion of Higher Education in Malaysia.

Taking advantage of the high tourist arrivals in Genting Highlands, King’s Park is a mixed development project with a gross development value (GDV) of RM10 billion.

Spanning over 61 hectares of freehold land, the upcoming development comprises a unique blend of integrated commercial, residential and recreational offerings.

“This development is poised to benefit greatly from the influx of investment and development opportunities in Genting.

“Genting Highlands is expected to receive 53 million visitors by 2026 with a catchment area of ​​over 700,000 people within a five kilometer (km) radius,” King’s Park Development group chief executive officer Jayandren Subramaniam told Bernama.

He added that King’s Park will also feature a significant presence of internationally recognized brands, offering new experiences not yet available in Malaysia.

“There are many outdoor activities and attractions, such as eco-sports, mountain biking trails and nature-based theme parks, including the world’s largest terrarium that stretches over 600 meters in length,” he said.

First phase to open in 2026

Jayandren said the first phase of the project — with a GDV of RM1 billion — entails the development of 12 blocks of shop lots, comprising 360 units, each measuring 22 feet (ft) by 75ft.

Priced between RM2.8 million and RM3.8 million, some ground floor units have high ceilings, measuring 6.5 meters (m).

Scheduled for completion in 2026, the commercial portion includes a 2.0km stretch of pedestrian street shops, featuring a mix of colonial and vintage designs.

“The retail area, which includes food and beverage outlets, will also allow patrons to experience alfresco dining with a riverside view that stretches for nearly 500m,” he said.

Additionally, the development encompasses the construction of three hotels, including the world-class Swissôtel Genting Highlands resort.

Meanwhile, the residential development part of King’s Park will begin the third phase, starting in 2026.

“Usually when people come to Genting Highlands, it will be difficult for them to get a room because most of the units are reserved for members only, so the wider choice available at King’s Park will attract more there are a lot of people in the area,” he said.

The development also aims to attract international Muslim tourists as it includes a halal retail hub and a boutique hotel catering to Muslim patrons, tapping into the growing market for halal travel.

Jayandren also emphasized that the development will not only attract tourists and business travelers, but also serve the surrounding community and complement other developments in the area.

“Even if we go through a similar situation like the pandemic, development will continue and business will continue as before because it will serve the community in general, not just tourists,” he said.

King’s Park to feature nature-based theme parks; largest terrarium in Malaysia

King’s Park Development executive vice-president Sean Chen said one of King’s Park’s unique highlights is its nature-based theme parks.

“The two theme parks will complement the theme park in Genting Highlands where we are more nature-oriented, while Genting is more indoor and studio-oriented,” he said.

Spanning 200,000 square ft, the theme parks will offer visitors a unique experience as it is located within the forests of Pahang.

It will also feature Malaysia’s largest terrarium, where guests can walk along the riverside walkway for true tranquility.

Chen said King’s Park will be built in five phases, and will take about eight years to complete.

“Our goal to develop here is more than just hotels and theme parks, but a complete CBD ecosystem that can stand on its own and cater to the growing demand in the area,” he added.-Bernama

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